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The article highlights the thematic ETFs that ran the table last year, including those from the Ark shop. Zweig cautions that these funds are as risky as story stocks and cites research that showed that thematic funds underperformed conventional funds over time by about 0.5% per month.
Zweig cautions that these funds are as risky as story stocks and cites research that showed that thematic funds underperformed conventional funds over time by about 0.5% per month.
As may be, but you have to admit that it'll take a good long time for the ARK funds to devolve to meet that 'standard'; unless there is a HUGE swoon for pretty much everything over a couple of years. Not discounting what you're saying, but they DO have a substantial lead at this point...
@racqueteer: I have some « play » money in AARK. While the fund may be risky, it’s not like some other whacky ideas I’ve chased in in the past. Anyone remember the FlavrSaver tomato or SureBeam (the ones who sold a produce radiation system to prolong shelf life)? Consumers turned out to be scared of FrankenFood, rightly so. The first company was bought by the evil Monsanto and the second crashed and burned.
@BenWP: I'm guessing you're meaning ARKK? ARKK has a little of everything, but is getting HUGE...
I personally like ARKW as a hold, and I'm in and out of ARKG; since the volatility there is just CRAZY; 4-5% in a day isn't uncommon!!! And that recent week's runup; what was that; like 20%? More? Man...
Say what you will, Catherine Wood has been on fire for a few years now, and the only regrets I've had came on SELLS! I know it has to end, maybe badly, but until then...
Comments
Thanks , Derf
By Jason Zweig
Jan. 15, 2021 10:00 am ET
I personally like ARKW as a hold, and I'm in and out of ARKG; since the volatility there is just CRAZY; 4-5% in a day isn't uncommon!!! And that recent week's runup; what was that; like 20%? More? Man...
Say what you will, Catherine Wood has been on fire for a few years now, and the only regrets I've had came on SELLS! I know it has to end, maybe badly, but until then...
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