3 Cathie Wood ETFs Just Hit 4-Month Lows. Are They Worth Buying Now?
Cathie Wood, a well-known fund manager who heads asset management company Ark Invest, is known for her ultra-aggressive investing style, which targets breakout themes and paradigm-shifting technologies.
Despite a strong performance by many broader benchmarks this year, three of Ark's exchange-traded funds (ETFs) just reached four-month lows. Here's a look at the Ark Innovation ETF (NYSEMKT: ARKK), ARK Space Exploration & Innovation ETF (NYSEMKT: ARKX), and the ARK Genomic Revolution ETF (NYSEMKT: ARKG), the pros and cons of each, and the differences between investing in passive ETFs versus actively managed funds with high fees.
Image source: Getty Images.
Source Fool.com