ETF Trends publisher Tom Lydon discussed the ARK Innovation ETF (ARKK) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.
ARKK is a way to capture technological advances or innovative disruptions that change the way we interact with the world, including bitcoin.
The fund is proving popular among investors – it’s up 87.23% year-to-date, according to XTF.com.
This ETF strategy provides access to disruptive innovation, aiming for exponential growth in the public market, without the costs, high carry, and illiquidity of venture capital funds.
ARKK is a catch-all for or a broader theme based on the investments across industrial, new internet and genomics innovations.
Its top holdings include Bitcoin Investment Trust 7.0%, Tesla 6.1%, Stratasys 4.8%, Athena Health 4.5%, and Twitter 4.5%.