ARKK returned -23% over 5 years while SPY returned +75%, indicating persistent underperformance and poor stock selection. The author's strong bearish conviction on the fund's holdings suggests potential for further downside, especially if a market correction occurs. Short ARKK to bet against Cathie Wood's high-risk innovation strategy that has consistently lagged the market. ARKK could rebound if innovation stocks rally or if the AI bubble continues inflating; fund has shown volatility.
ARKK returned -23% over 5 years while SPY returned +75%, indicating persistent underperformance and poor stock selection. The author's strong bearish conviction on the fund's holdings suggests potential for further downside, especially if a market correction occurs. Short ARKK to bet against Cathie Wood's high-risk innovation strategy that has consistently lagged the market. ARKK could rebound if innovation stocks rally or if the AI bubble continues inflating; fund has shown volatility.