Originally Posted by target2019
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.