SPY And ARKG: Returns Are The Same

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That is sort of fascinating. You understand how Cathie Wooden all the time goes on and on about how she outperforms due to “innovation“?

Effectively, right here is the boring outdated SPDR® (NYSE:) in contrast together with her hot-to-trot fund, ARK Genomic Revolution ETF (NYSE:), over the previous eight years. The identical $1 put into SPY and ARKG can be nearly precisely the identical earnings eight years later.

ARKG/SPY Lengthy-Time period Chart.

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