Meet Cathie Wood's Flagship Ark Innovation ETF, Which Has Crushed the S&P 500 Over the Last 12 Months [Yahoo! Finance]
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Some of these funds have a specific focus in areas like artificial intelligence (AI), robotics, cryptocurrency, and even space flight, while others take a broader approach. Ark was founded by seasoned technology investor Cathie Wood. Its flagship fund is the Ark Innovation ETF (NYSEMKT: ARKK) , which is built around the theme of "disruptive innovation," with holdings from across the entire tech industry, so it's one of the best proxies for Wood's strategy. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The Ark Innovation ETF is up 52% over the last 12 months, a result that trounced the 22% gain of the S&P 500 index over the same period. But the fund hasn't always performed this well, and in fact, it's still down 46% from its record high, which it set during the tech market frenzy in 2021. But where might it g
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