The Ark Innovation ETF has been a top performer. But there are always pullbacks, or worse, for any investing approach.
The actively managed exchange traded fund was established on Oct. 31, 2014.
Here’s how it performed from inception through the close Feb. 22, 2021, compared with the Nasdaq Composite Index
and the QQQ Trust
which tracks the Nasdaq-100 Index
But ARKK’s shares were down as much as 12% in early trading Feb. 23, and were down as much as 18% from their close a week earlier (Feb. 16).
As of the close Feb. 22, the ETF’s largest holding was Tesla Inc.
which made up 8.3% of the ARKK portfolio, followed by Roku Inc.
with a 7.2% weighting, Square Inc.
at 5.5%, Teladoc Health Inc.
at 5.1%, and Baidu Inc.’s
American depositary receipts, at 3.9%.
Here’s how all five of those stocks were performing as of 11 a.m. ET on Feb. 23:
Here are the 20 worst performers among ARKK’s holdings over the past week:
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