2024-04-05 04:31:12 ET
Summary
- ARK Next Generation Internet ETF has outperformed tech benchmarks over the past year.
- The fund has benefited from the rally in Bitcoin and digital assets through its overweight position in top holdings like Coinbase Global Inc.
- Despite the recent momentum, ARKW remains high-risk and will need to rebuild a volatile historical returns record.
The ARK Next Generation Internet ETF ( ARKW ) is on a comeback trail with the actively managed equity strategy returning 55% return over the past year, ahead of tech-heavy benchmarks like the Nasdaq-100 ( QQQ )....
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For further details see:
ARKW: Big Bet On Crypto Shifts Risks Beyond Internet Stocks