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ARK Funds
Old 05-21-2020, 11:25 AM   #1
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ARK Funds

I recently discovered ARK funds (but have not purchased any yet). They have about 5 or 6 ETFs that have performed quite well. ARKG is up over 40% YTD and its largest fund, ARKW gained 87% in 2017. SPY is down 7% YTD

I realize that they are managed sector funds, so they are less diversified & have higher expense ratios. But I'm thinking a well-managed sector fund might be a wiser choice than a broad-based index fund during a major downturn.

What do you guys think?
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Old 05-21-2020, 11:27 AM   #2
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What do you guys think?
I think chasing returns is rarely a good strategy.
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Old 05-21-2020, 11:50 AM   #3
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I heard their ETFs are focused on disruptive innovation...

But seriously, what could go wrong? One tends to overlook the downside and focus on recent gain. ARKG is not as spectacular when you compare 5 years.

Maybe try a backtest at https://www.portfoliovisualizer.com. You'd be buying ARKG at 5-year high. It might do down...
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Old 05-21-2020, 12:41 PM   #4
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I heard their ETFs are focused on disruptive innovation...

But seriously, what could go wrong? One tends to overlook the downside and focus on recent gain. ARKG is not as spectacular when you compare 5 years.

Maybe try a backtest at https://www.portfoliovisualizer.com. You'd be buying ARKG at 5-year high. It might do down...


Since inception (2015) $1,000,000 invested in SPY = $1,570,000 today
ARKG= $2,042,00 today
ARKW= $3,778,000 today

You're right about them being priced at their peaks. It would probably be a better idea to wait until after the next correction to get into ARKs, or anything else.
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Old 05-21-2020, 01:34 PM   #5
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There are many investments where it would be awesome to go back in time.
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Old 05-21-2020, 01:53 PM   #6
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... I'm thinking a well-managed sector fund might be a wiser choice than a broad-based index fund during a major downturn. What do you guys think?
I think that is a really good strategy if you can reliably predict the future.

It has been demonstrated time and time again that past performance is not predictive. Selling the myth that past performance is important is one of the major successes of the investment industry. Here's one of the genuine experts talking about the subject: https://famafrench.dimensional.com/v...-managers.aspx
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Old 05-31-2020, 01:59 PM   #7
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I have ARKK. I like it and recommend you buy on a dip. A safer way to take advantage of high tech growth stocks like Tesla, Roku, Square Inc, etc. I think it may even pay a small dividend.
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Old 05-31-2020, 03:34 PM   #8
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I have ARKK. I like it and recommend you buy on a dip. A safer way to take advantage of high tech growth stocks like Tesla, Roku, Square Inc, etc. I think it may even pay a small dividend.
Agree that ARKK is interesting.
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Old 05-31-2020, 07:14 PM   #9
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I discovered ARK a few years ago when they were interviewed on Meb Faber's podcast. I liked the concept and put a few percent of my portfolio with them. I am pleased so far but who knows what will happen tomorrow. Smart people talked me into small cap value. That has not worked out well to say the least.
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Old 06-01-2020, 07:43 AM   #10
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I have ARKK. I like it and recommend you buy on a dip. A safer way to take advantage of high tech growth stocks like Tesla, Roku, Square Inc, etc. I think it may even pay a small dividend.
Wish I hadn't missed out on the big dip. But, there's a good chance we'll see another dip before too long.
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Old 06-25-2020, 09:05 AM   #11
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This Marketwatch article mentions ARK.
https://www.marketwatch.com/story/th...=mw_latestnews

The actual subject however is a new ETF called WFH (Work From Home) which is not related to ARK.
Quote:
Direxion says the fund will focus on companies that fall into four buckets representing sub-themes: remote communications, cyber security, project and document management, and cloud technologies.
Makes me wonder if there will be a WTF investment coming along soon.
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Old 12-21-2020, 11:37 PM   #12
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It's been a while since I started this thread asking about ARK funds. I was nervous about the market at the time (5/21) but on 06/29 I finally decided to start buying some of these. I began with ARKW and as of today, it's gained 87%.

A week later I decided to buy a little more ARKW and also decided to try each of the others. They've all done quite well, between 47% to 80% since 07/06.

On 08/05 I finally began buying TAN (Invesco Solar ETF). (In hindsight I should have bought it months earlier) TAN has gained 96% since 08/05. (It's up 202% YTD)

So far ARKG and TAN have been my best choices.

I also bought a good bit of Vanguard's VGT and MGK on 07/06 for comparison, and to play it safe. VGT is up 22.4% and MGK is up 18.6% since July. Normally those would seem like decent gains, right?

I have no idea how any of these will do long term, but so far I'm really glad that I tried them. It will be interesting to see how long they can keep climbing.
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Old 12-22-2020, 08:05 AM   #13
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Cathie and her team are great, but there are management/ownership issues that could put it at risk in the near future.
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Old 12-22-2020, 09:14 AM   #14
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I have a little ARKF (Fintech) and ARKG (Genomics) in addition to TSLA (EVs) and Bitcoin to have my foot in trends I belive could grow into the future.
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Old 12-26-2020, 08:28 PM   #15
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Originally Posted by GreenEggs View Post
It's been a while since I started this thread asking about ARK funds. I was nervous about the market at the time (5/21) but on 06/29 I finally decided to start buying some of these. I began with ARKW and as of today, it's gained 87%.

A week later I decided to buy a little more ARKW and also decided to try each of the others. They've all done quite well, between 47% to 80% since 07/06.

On 08/05 I finally began buying TAN (Invesco Solar ETF). (In hindsight I should have bought it months earlier) TAN has gained 96% since 08/05. (It's up 202% YTD)

So far ARKG and TAN have been my best choices.

I also bought a good bit of Vanguard's VGT and MGK on 07/06 for comparison, and to play it safe. VGT is up 22.4% and MGK is up 18.6% since July. Normally those would seem like decent gains, right?

I have no idea how any of these will do long term, but so far I'm really glad that I tried them. It will be interesting to see how long they can keep climbing.
Nice returns!
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Old 12-26-2020, 08:48 PM   #16
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I have a little ARKF (Fintech) and ARKG (Genomics) in addition to TSLA (EVs) and Bitcoin to have my foot in trends I belive could grow into the future.
I guess that you are really into disruptive technologies.
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Old 12-26-2020, 09:03 PM   #17
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These funds remind me of the Janus Twenty fund when it was hot hot hot.
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Old 12-27-2020, 10:22 AM   #18
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I think chasing returns is rarely a good strategy.
Cathie Wood's recent performance has been outstanding. Here is a reading on chasing the best performing mutual funds:
https://awealthofcommonsense.com/202...forming-funds/.
Could she continue to perform well? That remains to be seen. Meanwhile, investors are poring money into her funds.

If an investor believes in disruptive technology and Wood's investing philosophy, putting some money into her funds with an intent for the long haul seems fine.
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Old 12-27-2020, 03:53 PM   #19
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I have a little ARKF (Fintech) and ARKG (Genomics) in addition to TSLA (EVs) and Bitcoin to have my foot in trends I belive could grow into the future.
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I guess that you are really into disruptive technologies.

I guess I am. But while Bitcoin is purely speculative the other three are sectors I believe will grow into the future. So I don't find them to be very speculative.
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Old 12-31-2020, 08:45 AM   #20
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Yes, I think it's a good idea if you are interested in investing aggressively. Cathie Wood is the founder and CEO of Ark Investments. You can listen to her talk about her strategies on you tube. There was an attempted takeover but they announced yesterday they came to an agreement and she will continue to control the firm. I think they would have lost a lot of investors if she left. She prefers to invest in "disruptive innovation", new technology and the future with various funds like Arkg, Arkw, Arkq, Arkk and Arkw. Genomics, Internet technology, autonomous tech., finance, etc. She was touting Tesla some years ago before the fairly recent big rise and it is, last I checked, their biggest holding altogether.
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