If you invest $1,000 in Cathie Wood's Ark Innovation ETF, here's how much Tesla, Zoom and 32 stocks you'll buy
Exchange-traded fund (ETF) investors generally view ETFs as safer investments than individual stocks due to their exposure to many stocks, sometimes spanning multiple sectors.
The Cathie Wood-led ARK portfolio made its mark in 2020. Its flagship fund, Ark Innovation ETF ARKK, bet on "disruptive innovation", which beat out massive conglomerates like BlackRock Inc BLK and others, offering returns over 150%.
Led primarily by Telsa Inc TSLA, which has exploded over 696% in 2020, Wood has built a near-cult following on Reddit's r/WallStreetBets for his picking skills titles.
2022, however, hasn't been so kind to Wood and his various ARK ETFs, take a look.
According to Y-charts, flagship fund ARKK is down 48.24% this year against the S&P 500 which slipped out of bear market territory, losing 15, 42% over the same period. .
In an early June interview with Bloomberg, Wood blamed inflation and high interest rates for ARKK's poor performance, saying, "Innovation solves problems, we had a lot of trouble during coronavirus - we were being rewarded accordingly. Since then we've been down 75% - why? Inflation and interest rates."
Sharp declines in pandemic favorites like Tesla and Zoom Video Communications Inc. ZM, which are down 32% and 42% in 2022, - two of ARKK's largest holdings - are partly to blame for the losses in his portfolio this year.
There are 34 individual stocks in the ARK Innovation ETF. Let's see how much money would be allocated to each stock if you invested $1,000 in the ETF today.
ZM - $85.50
BEAM - $46.10
DKNG - $23.70
VCYT – $13.70
CER - $6.80
ROKU - $80.30
PIECE - $44.90
SORT - $23.60
TXG - $12.00
MTLS - $6.20
CRSP - $50.40
NTLA - $44.90
PD - $23.10
TSP - $10.09
NVTA - $4.40
TDOC - $50.40
TWLO - $36.10
SGFY - $23.30
SPOT – $8.90
BLI - $2.00
EXAS - $47.50
U-$34.20
DNA - $21.0
NVDA-$8.70
CGEN – $1.30
PATH - $46.80
SHOP - $31.10
HOOD - $20.50
TWO - $7.40
$14.46 billion in assets under management
Photo: Created with image from The Focal Project on flickr
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Exchange-traded fund (ETF) investors generally view ETFs as safer investments than individual stocks due to their exposure to many stocks, sometimes spanning multiple sectors.
The Cathie Wood-led ARK portfolio made its mark in 2020. Its flagship fund, Ark Innovation ETF ARKK, bet on "disruptive innovation", which beat out massive conglomerates like BlackRock Inc BLK and others, offering returns over 150%.
Led primarily by Telsa Inc TSLA, which has exploded over 696% in 2020, Wood has built a near-cult following on Reddit's r/WallStreetBets for his picking skills titles.
2022, however, hasn't been so kind to Wood and his various ARK ETFs, take a look.
According to Y-charts, flagship fund ARKK is down 48.24% this year against the S&P 500 which slipped out of bear market territory, losing 15, 42% over the same period. .
In an early June interview with Bloomberg, Wood blamed inflation and high interest rates for ARKK's poor performance, saying, "Innovation solves problems, we had a lot of trouble during coronavirus - we were being rewarded accordingly. Since then we've been down 75% - why? Inflation and interest rates."
Sharp declines in pandemic favorites like Tesla and Zoom Video Communications Inc. ZM, which are down 32% and 42% in 2022, - two of ARKK's largest holdings - are partly to blame for the losses in his portfolio this year.
There are 34 individual stocks in the ARK Innovation ETF. Let's see how much money would be allocated to each stock if you invested $1,000 in the ETF today.
ZM - $85.50
BEAM - $46.10
DKNG - $23.70
VCYT – $13.70
CER - $6.80
ROKU - $80.30
PIECE - $44.90
SORT - $23.60
TXG - $12.00
MTLS - $6.20
CRSP - $50.40
NTLA - $44.90
PD - $23.10
TSP - $10.09
NVTA - $4.40
TDOC - $50.40
TWLO - $36.10
SGFY - $23.30
SPOT – $8.90
BLI - $2.00
EXAS - $47.50
U-$34.20
DNA - $21.0
NVDA-$8.70
CGEN – $1.30
PATH - $46.80
SHOP - $31.10
HOOD - $20.50
TWO - $7.40
$14.46 billion in assets under management
Photo: Created with image from The Focal Project on flickr
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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