If You'd Invested $10,000 in Cathie Wood's ARK Invest ETFs a Year Ago, This Is How Much Money You'd Have Now
Investors who choose exchange-traded funds (ETFs) over individual stocks generally have more modest expectations about what kind of returns to expect. Although they want to see their investments rise in value, ETF investors understand that a broadly diversified portfolio of stocks inevitably means having at least a few poor performers water down the huge returns from top stock holdings.
But rising star investor Cathie Wood has changed the rules for ETFs. Her ARK Invest management company has five actively managed funds, and they've absolutely crushed the stock market over the past year.
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Source Fool.com