ARKK

Ark Innovation ETF

Stocks

How to Profit from the Tech Sector’s Accelerating Decline

Cathie Wood’s ARK Invest was a poster child for success in 2020.Between the March 2020 “COVID Crash” lows and February 2021, its top exchange-traded fund, ARK Innovation ETF (NYSEARCA: ARKK) gained more than 313%.This made ARKK one of the top-performing ETFs, and thrust ARK honcho Cathie Wood into the spotlight as a top stock picker.

So, let’s dig into the data set – it reveals some pretty shocking things about the state of the tech sector in general…

Technology

Is Ark's Space Exploration ETF (ARKX) a Buy?

Cathie Woods and her team have launched and managed some of the hottest ETFs in the industry over the past several years.

Now they're debuting the latest offering from Ark Investments: The ARK Space Exploration and Innovation ETF (BATS: ARKX) launched on March 30, 2021.

After the wild successes of Ark's Genomic Revolution ETF (BATS: ARKG), up 164% in the last year, and Innovation ETF (NYSEArca: ARKK), up 154% in the last year, investors are already lining up ready to buy into this one.

If you're wondering if ARKX deserves a sport in your portfolio, then you're in the right place.

Here's what the fund is all about and whether it's worthy of your money right now...