Investors Bail on Cathie Wood’s Popular ARKK ETF 7/17/23

17/07/2023 5 min
Investors Bail on Cathie Wood’s Popular ARKK ETF 7/17/23

Listen "Investors Bail on Cathie Wood’s Popular ARKK ETF 7/17/23"

Episode Synopsis

Cathie Wood's flagship ARKK Innovation ETF has seen net outflows of $234 million this year and $740 million in the past 12 months, plus Assets Under Management crater from $30 billion during pandemic highs to less than $9 billion today. But maybe the biggest knock against Wood? ARKK has underperformed the Nasdaq and $QQQ since its 2014 inception. We raised the question with her on Friday during our Tech Check special. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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