Why Are ARKK Investors Jumping Ship? Cathie Wood's Poor Picks Lag Behind The Competition
Why Are ARKK Investors Jumping Ship? Cathie Wood's Poor Picks Lag Behind The Competition
Instead, Wood's biggest AI backing is Tesla (NASDAQ:TSLA), which has continued to miss earnings and is down nearly 20% on the year. In fact, 6 of ARKK's top 10 holdings are losers this year so far, 3 of those in the double digits.As head of ARK Invest, Cathie Wood is one of the few celebrities in the financial world. She's made a name for herself with big bets and brash predictions like Bitcoin (CRYPTO: BTC) topping $1 million by 2030. These bets have often paid off, 2020's bull run saw her flagship fund, ARK Innovation ETF (NYSE:ARKK), triple the performance of the S&P 500.
作为方舟投资的负责人，凯西·伍德是金融界为数不多的名人之一。她凭借大赌注和勇敢的预测为自己赢得了名声，例如到2030年，比特币（加密货币：BTC）将突破100万美元。这些赌注往往会得到回报，在2020年的牛市中，她的旗舰基金方舟创新ETF（纽约证券交易所代码：ARKK）的表现是标准普尔500指数的三倍。
But Wood's recent track record has been lackluster. So far this year ARKK is up just over 2%, compared to almost 7% for the S&P. And it gets worse when stacked up against other tech-focused funds. The indexed Invesco QQQ (NASDAQ:QQQ) is up nearly 8%. A more one-to-one comparison, the actively managed Spear Alpha ETF (NASDAQ:SPRX), is up over 14%.
但是伍德最近的往绩表现乏善可陈。今年到目前为止，ARKK的涨幅刚刚超过2％，而标准普尔指数的涨幅接近7％。与其他以科技为重点的基金相比，情况会变得更糟。指数型景顺QQQ（纳斯达克股票代码：QQQ）上涨了近8％。更一对一的比较是，积极管理的Spear Alpha ETF（纳斯达克股票代码：SPRX）上涨了14％以上。
Missed The Boat
错过了船
The monster returns of the last year have been mostly driven by the AI craze, especially Nvidia (NASDAQ:NVDA), up over 400% since the beginning of 2023. In 2024 alone, Nvidia is up more than 60%. Wood sold ARKK's shares last January, missing the entire ride.
去年的巨额回报主要是由人工智能热潮推动的，尤其是英伟达（纳斯达克股票代码：NVDA），自2023年初以来上涨了400％以上。仅在2024年，英伟达就增长了60％以上。伍德去年1月出售了ARKK的股票，错过了整个涨幅。
Instead, Wood's biggest AI backing is Tesla (NASDAQ:TSLA), which has continued to miss earnings and is down nearly 20% on the year. In fact, 6 of ARKK's top 10 holdings are losers this year so far, 3 of those in the double digits.
相反，伍德最大的人工智能支持者是特斯拉（纳斯达克股票代码：TSLA），该公司一直未能盈利，同比下跌近20％。实际上，今年迄今为止，ARKK前10大持股中有6家是亏损者，其中3家为两位数。
Coinbase (NASDAQ:COIN) is currently the biggest holding and is up 26.99%, YTD. But Wood missed out on some of this by selling a large chunk of its COIN shares. COIN is up 21% from last Tuesday.
Coinbase（纳斯达克股票代码：COIN）目前是最大的持股公司，年初至今上涨了26.99％。但是伍德通过出售其COIN的很大一部分股票而错过了其中的一些机会。代币比上周二上涨了21％。
Flight Of The Funds
资金外逃
Investors frustrated by missing out on the huge gains seen across the market have been pulling their money out in big ways. So far in 2024, ARKK has a net loss in assets under management of $845 million, roughly 10% of the fund in less than 2 months.
投资者因错过整个市场的巨大收益而感到沮丧，他们一直在大举撤出资金。2024年到目前为止，ARKK管理的资产净亏损为8.45亿美元，在不到2个月的时间内约占该基金的10％。
For The Bears
为了熊
For traders not buying what Wood is selling, inverse ETFs provide a straightforward way to bet against a stock, avoiding the complications that come with option trading. The AXS Short Innovation Daily ETF (NASDAQ:SARK), which aims to return the inverse performance of ARKK, is a perfect example.
对于不买入伍德所卖商品的交易者来说，反向ETF提供了一种直接的股票下注方式，避免了期权交易带来的复杂性。旨在回报ARKK反向表现的AXS空头创新每日ETF（纳斯达克股票代码：SARK）就是一个很好的例子。
Traders still bullish on Wood and her fund and want to maximize their view can buy a leveraged fund, like the AXS 2X Innovation ETF (NASDAQ:TARK) which aims to return twice the daily return of ARKK. TARK was awarded Best ETF Launch at Benzinga's 2023 Fintech Awards.
交易者仍然看好伍德及其基金，并希望最大限度地提高他们的观点，可以购买杠杆基金，例如AXS 2X创新ETF（纳斯达克股票代码：TARK），其目标回报率是ARKK每日回报率的两倍。TARK 获奖 最佳ETF上市时间 在 Benzinga 的 2023 年金融科技大奖上。
Photo by Drew Beamer on Unsplash.
照片由 Drew Beamer 在 Unsplash 上拍摄。
