SPY And ARKG: Returns Are The Same
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® (NYSE:) compared with her hot-to-trot fund, ARK Genomic Revolution ETF (NYSE:), over the past eight years. The same $1 put into SPY and ARKG would be almost exactly the same profits eight years later.
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