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Cathie Wood's ARKK Trails S&P 500 as Frequent Churn Hits Returns

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Cathie Wood’s Ark Innovation ETF has severely lagged the S&P 500 since 2021, dropping 32.4% while the index surged 69.7%.
  • Analysts attribute the underperformance to excessive trading turnover and premature bets on speculative disruptors rather than proven long-term winners, despite prominent holdings like Tesla.
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TSLA price history

365.44 -12.53% over the displayed period

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