Cathie Wood's ARKK Still Leaking, Loses Over 3% In Value And 2% Of Net Assets In A Week
Cathie Wood's ARKK Still Leaking, Loses Over 3% In Value And 2% Of Net Assets In A Week
Wood believes that a correction is likely for the AI darling and the semiconductor industry at large. She believes that the downstream value of AI, at least in the short term, will not be enough to sustain the pace of current AI infrastructure spending. Add this to reduced lead times on the manufacturing end that will ease the chip "shortage" experienced last year and a correction seems possible.Investors are continuing to abandon Cathie Wood's flagship fund, ARK Innovation ETF (NYSE:ARKK). Over the past week, ARKK lost $151.2 million in AUM, representing about 2% of the fund.
投資者繼續放棄凱西·伍德的旗艦基金方舟創新ETF（紐約證券交易所代碼：ARKK）。在過去的一週中，ARKK損失了1.512億美元的資產管理規模，約佔該基金的2％。
The exodus comes as ARKK continues to struggle in what has largely been a hot market. As of the time of writing, ARKK is down almost 7% since the markets closed in 2023. For comparison, the SPDR S&P 500 ETF Trust (NYSE:SPY) is up almost 8.5% in the same period.
此次外逃是在ARKK繼續在熱門市場中掙扎之際發生的。截至撰寫本文時，自2023年市場收盤以來，ARKK已下跌近7％。相比之下，SPDR標準普爾500指數ETF信託（紐約證券交易所代碼：SPY）同期上漲了近8.5％。
No Nvidia?
沒有 Nvidia？
Many investors pulling out of the fund are at odds with Wood's take on Nvidia (NASDAQ:NVDA). Wood had entirely divested ARKK of NVDA by January last year, missing out on the monster run that saw the company become the 3rd largest in the world behind only Microsoft (NASDAQ:MSFT) and Apple (NASDAQ:AAPL).
許多退出該基金的投資者與伍德對英偉達（納斯達克股票代碼：NVDA）的看法不一致。去年1月，伍德已經完全剝離了ARKK對NVDA的股份，錯過了該公司成爲僅次於微軟（納斯達克股票代碼：MSFT）和蘋果（納斯達克股票代碼：AAPL）的全球第三大公司。
Wood believes that a correction is likely for the AI darling and the semiconductor industry at large. She believes that the downstream value of AI, at least in the short term, will not be enough to sustain the pace of current AI infrastructure spending. Add this to reduced lead times on the manufacturing end that will ease the chip "shortage" experienced last year and a correction seems possible.
伍德認爲，人工智能寵兒和整個半導體行業可能會出現回調。她認爲，至少在短期內，人工智能的下游價值不足以維持當前人工智能基礎設施支出的步伐。再加上減少了製造端的交貨時間，這將緩解去年經歷的芯片 “短缺”，而且似乎有可能進行修正。
Wood is also a major backer of Tesla (NASDAQ:TSLA), ARKK's second-largest holding. Tesla has invested in its own chip technology and already has advanced manufacturing centers in place that could create a vertically integrated rival to Nvidia in the future.
伍德還是ARKK第二大控股特斯拉（納斯達克股票代碼：TSLA）的主要支持者。特斯拉已經投資了自己的芯片技術，並且已經建立了先進的製造中心，這可能會在未來成爲Nvidia的垂直整合競爭對手。
Despite its future promise though, Tesla has struggled this year, down roughly 14% this month alone.
儘管有未來希望，但特斯拉今年仍處於困境，僅在本月就下跌了約14％。
COIN
硬幣
Wood's top bet at the moment is Coinbase (NASDAQ:COIN). The crypto pioneer has been ARKK's biggest winner as of late, up over 50%, YTD. This has come as Bitcoin (CRYPTO: BTC) reached new highs, above $72,000.
伍德目前的首選賭注是Coinbase（納斯達克股票代碼：COIN）。最近，這位加密先驅一直是ARKK的最大贏家，年初至今上漲了50％以上。這是在比特幣（加密貨幣：BTC）創下新高，超過72,000美元之際發生的。
For The Bears
爲了熊
For traders not buying what Wood is selling, inverse ETFs may 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.
對於不買入伍德所賣商品的交易者來說，反向ETF可以提供一種直接的股票下注方式，從而避免期權交易帶來的複雜性。旨在回報ARKK反向表現的AXS空頭創新每日ETF（納斯達克股票代碼：SARK）就是一個很好的例子。
Traders still bullish on Wood and her fund and wanting 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，並希望最大限度地提高他們的視野，可以購買槓桿基金，例如AXS 2X創新ETF（納斯達克股票代碼：TARK），其目標回報率是ARKK每日回報率的兩倍。TARK在本辛加的2023年金融科技大獎中被授予最佳ETF發行獎。
Featured photo by Jason Blackeye on Unsplash
Jason Blackeye 在 Unsplash 上拍攝的精選照片
