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I read an article a while ago that said 80% of arkk owners were at steep losses as the masses only piled in after the stock had a fabulous year …it was relatively unheard of prior
Not Ark’s fault retail investors piled in at the top of a euphoric bubble. ARKK is slightly outperforming the S&P 500 since its inception in 2014. Less than 30% of fund managers outperform the S&P over long timeframes so they aren’t doing that bad.
Not Ark’s fault retail investors piled in at the top of a euphoric bubble. ARKK is slightly outperforming the S&P 500 since its inception in 2014. Less than 30% of fund managers outperform the S&P over long timeframes so they aren’t doing that bad.
Yes they are , ark is doing very badly …..it hasn’t made money in 5 years for long term investors . Minus .44%
On the other hand fidelity blue chip growth returned 11% the last 5 years
Fidelity growth company up almost 13% the last 5
Total market fund up 8.53%
You really can’t go back to 2014 since the fund had relatively few investors .
It’s like A lot of Peter lynches record was when Magellan was only for family
LoL the Cathie Wood era is over. She was a nobody before and is a nobody now. ARK is the ETF with no earnings. If you want to gamble, go ahead. But LoL at calling it an "investment". May as well "invest" in GME, AMC, crypto etc.
I went to AMC this weekend with the kid. We saw some Puss and Boots rehash. She said it was ok, but I fell asleep. I did notice my $12 soda was announcing the upcoming James Bond movie...scheduled for release in April 2020....so they might be off on volumes a bit yet....and maintenance on the theatre was certainly in long deferral. The local GME was closed and replaced by a discount jewelry store.
Probably not a great investment, but it might outperform ARKK
For a lady that likes to talk about innovation, ARKK has some winners like #2 Zoom, competing against the well capitalized MSFT for a product given for free and is already at the commodity level, and #4 Roku....who pivots faster than a flamenco dancer, but seems principly involved in a me too internet channel from a backbone of people that still don't own a smart tv yet they have no content of their own to trade.
ARKK rose 3.7% today, bringing its January return to 27.8%. The fund had its strongest month ever going back to its inception in 2014.
ARKK has the spin game down. I'm just saying regardless of what is said, 2 of their 5 top holdings I wouldn't pay $1 for. She bought when they were innovative, but now she's stuck with them. Better to buy more to push the price up than to take the haircut of trying to trim.
ARKK rose 3.7% today, bringing its January return to 27.8%. The fund had its strongest month ever going back to its inception in 2014.
Hard to believe considering the year it had in 2020. I would have figured at least one of those months in 2020 was a 30% gainer. ARKK appears headed for its third 87% annual gain this year, Fed permitting
ARKK has also outperformed Fidelity Blue Chip Growth (FBGRX) since its inception.
Seems you are omitting distributions. Since inception ARKK has cumulative return of 108%. During the same time span FBGRX has cumulative return of 175%.
If you have a policy of cashing your distributions and burning them, then yes you'd be ahead with ARKK.
Seems you are omitting distributions. Since inception ARKK has cumulative return of 108%. During the same time span FBGRX has cumulative return of 175%.
If you have a policy of cashing your distributions and burning them, then yes you'd be ahead with ARKK.
I thought ARKK outperforming Blue Chip was wrong. I didn't run the numbers, but Fidelity Blue Chip, Growth and Contra have likely all outperformed ARKK, and without nearly the volatility or the long periods of underperformance. Again, just a guess, but I'm betting ARKK has significantly underperformed all three funds.
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