From Oct 2014 (Inception) to Feb 2021 (Peak):
$ARKK delivered a CAGR of 37.61%, outperforming
$QQQ by 16% annually &
$SPY by 25% annually.
From inception to today:
ARKK CAGR: 9.75%
QQQ CAGR: 14.75%
SPY CAGR: 10.83%
YTD Performance: ARKK up 38.5%, QQQ up 37%.
If you invested $1K since ARKK's inception:
ARKK: $2154
QQQ: $3112
SPY: $233.6
ARKK took more than double the risk of S&P500.
Interestingly, the Fed balance sheet increased by 8.13% annually since ARKK's inception. Biggest increase in B/S? 2020. Best year for ARKK? 2020.
At its peak, ARKK's price-to-sales ratio was 67.
According to Morningstar data, Cathy Wood made a staggering $310M since inception. However, investors lost $27B investing with her, mainly due to chasing performance & most AUM coming in or after 2020.