What is Ark innovation ETF (ARKK)?

The ARK Innovation ETF (ARKK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that seeks long-term capital growth from companies globally involved with, or that benefit from, disruptive innovation. ARKK was launched on Oct 31, 2014 and is issued by ARK.

What is ARKK & how does it work?

ARKK is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital by investing under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the Fund’s investment theme of disruptive innovation.

Is Ark innovation ETF a good investment in 2023?

Cathie Wood's flagship Ark Innovation Fund (ARKK) is one of the best-performing ETFs in 2023. Up by over 70%, the fund has outperformed the blue-chip Invesco QQQ fund, which is up by 52.52%. Get a real-time stock price quote for ARKK (ARK Innovation ETF). Also includes news, ETF details and other investing information.