Cathie Wood's Ark Innovation ETF Has Delivered a Negative 7.5% Annualized Return Over the Past Five Years, While the S&P 500 Gained 11.2% a Year. Does Her High-Conviction Style Still Deserve a Place in Your Portfolio?
The name is highly regarded on Wall Street as well as on Main Street. But the persistent underperformance of most ETFs in the family of funds is understandably raising questions.
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