Why ARKK Stalled As QQQ Took Off: Harsh Lessons Over Past 5 Years

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Why ARKK Stalled As QQQ Took Off: Harsh Lessons Over Past 5 Years - Benzinga

Quick Summary:

High Hopes, Hard Falls

ARKK made a name for itself by investing in what it called “disruptive innovation.” The fund’s top holdings include Tesla Inc (NASDAQ:TSLA), Roku Inc (NASDAQ:ROKU), Coinbase Global Inc (NASDAQ:COIN), Roblox Corp (NYSE:RBLX), and Block Inc (NYSE:SQ)—companies that promised to revolutionize their industries.

Cathie Wood‘s ARK Innovation ETF (NYSE:ARKK) was once the darling of the market, boasting bold bets on disruptive technologies and promising massive returns.