Choosing Between Ark Innovation ETF and Nasdaq-100: A Detailed Analysis
Monday, 22 April 2024, 18:17
Ark Innovation ETF Performance Analysis
Ark Innovation ETF, managed by Cathy Wood's Ark Invest, focuses on disruptive innovation and has had successes with stocks like Tesla and Bitcoin. However, it has also underperformed in comparison to the Invesco QQQ Trust.
Ark's Successful Calls
- Tesla: Predicted to reach $2,000 per share by 2027.
- Bitcoin: Bought at $250, now priced around $66,000.
Ark's Misses
- Roku Prediction: Focused on $605 per share by 2026, current price is lower.
- Zoom Prediction: Forecasted to hit $1,500 per share by 2026, currently far from the target.
Investors need to consider Ark Innovation ETF's past performance before making investment choices.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.