GreenEggs
Recycles dryer sheets
- Joined
- Jul 6, 2019
- Messages
- 262
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?
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?