red red sea continues

red red sea continues

Just bought $25 of ARKK

Just bought $25 of ARKK

How did you buy fractional shares of ark?

MOON “has a heavier weight to biotech companies and less on straight technology and internet companies, which are the reason why ARKK has underperformed,” said Mohit Bajaj, director of ETFs for WallachBeth Capital.

Launched in November, MOON has risen roughly 70% since then, yet has attracted only about $220 million in assets. ARKK’s haul of more than $7 billion so far this year has put its total above $24 billion.

The definitions of “innovation” and “disruption” are in the eye of the beholder, so funds can embrace those themes in different ways. In the case of ARKK, that focus is narrower and its active management structure gives Wood the ability to alter positions based on the latest companies performing well.

Yet ARKK’s large stakes in firms like Tesla Inc., Square Inc. and Roku Inc. dragged it down in the past month, with the automaker, for instance, slumping more than 36% from its January high before rebounding 26%.

MOON’s passive fund tracks the S&P Kensho Moonshot Index of the 50 most-innovative companies in sectors ranging from smart transportation to human evolution.

This means that MOON is “focusing on multiple themes, as opposed to a narrow theme like cloud computing or genomics or video games,” said Todd Rosenbluth, director of ETF research for CFRA Research.

MOON’s largest sector allocation, biotech, makes up 17% of the fund, compared with ARKK’s biggest stake, a 22% allocation to internet companies. The top MOON holdings, laser-scanning company MicroVision Inc. and Vuzix Corp., an optical goods manufacturer, have advanced 231% and 145% respectively this year.

Other ARKK peers have also topped its year-to-date performance. Passively managed Global X Thematic Growth ETF (GXTG), has gained almost 16%. Actively managed competitors Fidelity New Millennium ETF (FMIL) and the BlackRock Future Innovators ETF (BFTR), with holdings like Penn National Gaming Inc. and Axon Enterprise Inc., have added 10% or more.

To date, none have proved much of a threat to ARKK, which has returned more than 200% in the past 12 months and helped spur a loyal following around Wood. Those already invested are unlikely to leave for greener pastures, according to Sal Bruno, chief investment officer at IndexIQ.

“There’s definitely a first-mover advantage to ETFs,” he said. “People get into them and they tend to stay in them as long as they are doing well.”

Hello,noobie question here,still new to investment...may i know where u guys buy ark etf? through etoro?fund supermart  can buy?

Open overseas brokerage as mentioned below. Keep in mind some brokers have inactivity fees.
Just use interactive broker/TD/tiger/moomoo.
You can use FSM but you are buying unit trus tnsd you pay more like 1.5% Vs 0.6%.

Not sure if etoro have ark.

I see,ok thanks...but if we don't have overseas bank account,only can use tt transfer?

ARK Invest aims for long-term growth of capital, by focusing on its belief that innovation is key to growth. Over the past year, there has been a number of headlines and questions around ARK’s investment process, capacity, liquidity, and ownership concentration. In this webinar, ARK CEO/CIO Catherine Wood, ARK COO Tom Staudt, and ARK Client PM Ren Leggi aim to address these questions head on!

Part of our mission is to help educate investors on the market and the investment opportunities resulting from disruptive innovation. Our ETFs are freed from traditional constraints (sectors, market caps, and geographic boundaries) and are created based on full-picture, top-down research, and classic bottom-up financial analysis. We implement active management of high conviction portfolios, seeking to capitalize on rapid change and avoid companies likely to be displaced by innovation.

We hope you find this webinar helpful and, as always, stay innovative!

Yes. But no need xcuse not to have overseas bank account especially all you need is just CIMB my to open account.

Didn't know that can use cimb my to open account,ok thanks!

shit la ARKK continue holland...down 3% again while other maintain...