Here's the little-known reason why Cathie Wood's ARK Innovation ETF is having such a bad year - MarketWatch
6/6/2022 12:00:00 AM2 years 10 months ago
by Mark Hulbert
by Mark Hulbert
Funds that make concentrated bets on a few stocks are paying the price in this rough market
By now almost everyone knows that ARK Innovation ETF ARKK, +0.76% is having a very bad year. But poor stock selection is not the only reason why the fund, run by celebrated stock-fund manager C… [+3478 chars]
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