Bloomberg
ARKK Copycat Is Beating Cathie Wood’s Original by 10-Fold
(Bloomberg) — A tiny ETF tracking innovative companies is quietly outpacing one of the most famous investments on Wall Street.The Direxion Moonshot Innovators ETF (MOON) has risen 39% this year, compared to ARK Innovation ETF’s 3.5% gain, according to data compiled by Bloomberg.Cathie Wood’s flagship fund, known by its ticker ARKK, became one of the top-performing exchange-traded funds in the past year thanks to big…
Source link