ARKK: An Object Lesson in How Not To Invest
There's a massive gap between reported total returns and investors’ actual results.
As my colleague Katherine Lynch recently reported, ARK Innovation ETF’s (ARKK) downward trend over the past few months, in the wake of its spectacular rise in 2020, has taken shareholders on a wild ride. Because the actively managed exchange-traded fund didn’t attract widespread popularity until late 2020, the returns most of its shareholders have actually experienced have likely been far lower than its reported total returns.
Amy C. Arnott does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.