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SPY And ARKG: Returns Are The Same

ByTim Knight
Published 02/18/2022, 02:29 PM
Updated 07/09/2023, 06:31 AM

This is kind of interesting. You know how Cathie Wood always goes on and on about how she outperforms because of “innovation“?

Well, here is the boring old SPDR® S&P 500 (NYSE:SPY) compared with her hot-to-trot fund, ARK Genomic Revolution ETF (NYSE:ARKG), over the past eight years. The same $1 put into SPY and ARKG would be almost exactly the same profits eight years later.ARKG/SPY Long-Term Chart.

Latest comments

the s&p is better because it is well diversified and owning its etf will result in very low expense ratio. also u would be down by a lot if u bought arkg on the high lol
90 percent of the stock move in the same directional as SP500.  When someone tell you to diversify buying basket of stock, this is very risky when you run into Covid19 or 2008 or any medium size correction you are not achieve any diversify at all.  The best way to do it is to diversify your model.  Maybe having one account buy and hold index, another doing short term both long and short.  At least your capital is protected!!!!
I agree just buy the s&p , the dow jones, the Russell and the nasdaq. this is what I do lol
Just buy Sark that buys the opposite of Cathy
Its a littke late to buy the SARK now
In this market environment i do not think so
She's nothing but a notorious gambler taking on too much risk
this is why I don't believe in actively managed funds. I just dollar cost average into the spy and hold long term
I think ark buys 200 companies and one or two are going to do well. This playing with other peoples money
Great, someone shoots Cathie the link to this
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