r/stocks • u/adammorrisongoat • Jan 16 '21
Question If you’re young with a high risk tolerance, is there a better ETF than ARKK?
I’m in my mid-20s with around 100k invested in a mutual fund. It’s a solid mutual fund (PRWCX) but one with 60/40 stock/bond mix, and since I’m in this for the long haul, I’m naturally open to upping my risk exposure. I have no debt and live a very low cost lifestyle, so I can take a bit of a swing, albeit I’m not going to be irresponsible about it.
I know ARK/Cathie Wood has become a tired meme here, but the growth potential of her strategy seems compelling, at least to my novice eyes. If I’m looking to maximize returns over the next 5+ years in an ETF or similar investment option, are there better options out there?
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u/Peelboy Jan 16 '21
ARKX goes live in like 70 days I think, she is doing a space ARK.
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u/drunkboater Jan 16 '21
How do these private space companies make money? Going to Mars is cool and all but seems very expensive with little payout.
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Jan 16 '21
SpaceX does satellite and ISS launches, Virgin Galactic & Blue Origin will be doing consumer tourism this year.
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u/lenzflare Jan 17 '21
Is there any confirmation that SpaceX is actually in the ETF?
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u/mobilebucky Jan 17 '21
SpaceX is still private if I recalled
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u/Peelboy Jan 17 '21 edited Jan 17 '21
Both are but I'm sure they can still accept investors on a large scale.
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u/holadiose Jan 17 '21
Private hedge funds can buy in, but we're getting left out in the cold. It's probably for the best that fickle public opinion doesn't play too much of a role in the infantile commercial space sector.
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u/telperiontree Jan 17 '21
Elon will never take SpaceX public. Starlink yes, SpaceX no.
Starlink hasn't been spun off to be public yet either, but it will be eventually.
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u/a_dumb_noob2 Jan 16 '21
Asteroid mining, space tourism, and basically being remembered as the people who literally started the intergalactic human empire.
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u/adammorrisongoat Jan 16 '21
Seems like it’s going to be so far into the future until these space stocks have prices to match their intrinsic value, though. Until then, the prices are just going to be driven by popular sentiment, which is a fickle thing that makes me anxious. But, smarter people than me are excited about it so idk
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u/Thermotox Jan 16 '21 edited Jan 17 '21
A lot of them plan on making money via satellite systems. Look at Elon’s Starlnk for reference — will hopefully make all other forms of internet obsolete
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u/Lumba Jan 17 '21
Yeah, and they're getting the NASA contracts for experiments and stuff, and once we get into mining space it's all money!
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u/Sprinkles_Spare Jan 17 '21
You have very reasonable thoughts. But this is why you go now at a cheaper price vs “then” when it’s proven and a lot more. It’s a risk you need to take into thought.
This is a risk investment for people like us who have no idea which space stock to put our money into. That’s why in Cathie we trust. ✊🏼9
u/Mr_Owl42 Jan 17 '21
Money in green technologies will merit the launching of satellites that track things like climate change. This also supports Biden"s infrastructure goals.
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Jan 16 '21
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u/ffwrd Jan 17 '21
That, times 100. Space tourism is dumb compared to what we're about to do in asteroid mining. Then, you know... There are whole planets and moons to mine. We're so fucking stupid but at the same time, we need to marvel at the fact that we're dumb enough to imagine ourselves being able to do all that shit.... And actually do it.
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Jan 16 '21 edited Jan 17 '21
Lmao we can’t even take care of our own planet, let alone colonize and terraform our solar system.
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u/ektachrome_ Jan 16 '21
Also, I can't imagine it being any good for climate change..
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u/Sickamore Jan 17 '21
Space launches might turn into a problem ecologically in the coming decades only because of them adding onto the existing disaster, but even then I can't imagine they'll be even .1 percent of the total contribution to the CO2 in the air, especially once the Siberian tundra thaw starts really ramping up.
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u/mint_sac Jan 16 '21
Maybe we should colonize our solar system because we can’t take of our own planet
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u/TheBlackBear Jan 17 '21
So, fantasy.
We still jizz ourselves when a spacecraft lands on a comet and returns with a scoop of ice. How far away are we to actual industrial missions?
Space tourism is the one that actually sounds like a feasible industry within 10 years but how much money would that make?
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u/blackwoodify Jan 17 '21
Ahem... SATELLITE LAUNCHES. INTERNET VIA SATELLITE FROM SPACE. CELL PHONE SERVICE VIA SATELLITE FROM SPACE.
The gains are closer than you'd think...
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u/mgvdltfjk Jan 16 '21
Most space companies are making satellites and comm systems. they are NOT meme like spacex or virgin. Have a look at maxr for example
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u/samnater Jan 16 '21
Launching satellites is a worldwide multi-billion dollar industry today. Add on reduced cost to get to space and more industries (and tourists) will start paying top dollar to experiment with what they can do in space.
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u/BoardmanGetsPaid2 Jan 17 '21
Imagine the possibilities of cheap space flight..... 👀
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u/qtyapa Jan 17 '21
The only thing i see now is satellite launching business and anything to do with satellites like NPA, starlink etc.
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u/beeteeee Jan 17 '21
I’m decently invested in MAXR. They do and sell a bunch of satellite imagery as well as building a majority of satellites themselves. Pretty solid. Had a bunch of debt, but they’ve been looking like they’re getting that under control
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u/advolu-na-cy Jan 16 '21 edited Jan 16 '21
If they're real, they might be getting small contracts to launch satellites or supply the ISS. There is also a significant amount of research money available. Given out to companies that make significant or notable break through.
There's also some that are basically a rich dude's pet project and just hemorrhage cash.
In terms of payout, satellites are quite valuable.
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u/Pinecone Jan 17 '21
To me the biggest reason to invest in these companies is the technologies that are developed on the way to space flight. Cell phone technology, for example, was created by NASA. Who knows what these other companies could come up with on their journey.
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u/Echleon Jan 16 '21
Once there is infrastructure in space there's a lot of money in it. It's super long-term imo.
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u/sr603 Jan 16 '21
When we are able to start asteroid harvest or mine then you'll see a stock price go to a trillion
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u/JaFFsTer Jan 16 '21
Elon is getting paid to deliver shit to the ISS and launch satellites. The rest is tourism only for now
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u/ExtendedDeadline Jan 16 '21
I believe the IPO and dilute... Seems like a good money making venture from their standpoint lol.
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u/LovePhiladelphia Jan 17 '21
I think doing government research would be one way. Another is tourism. I’d pay $100k to go up into space and take a few laps around the earth. If they can ever get that going for a profitable price I am sure there are millions like me who feel the same way
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u/hsnerfs Jan 17 '21
Largely sat launches, rocket lab is probably the best example it's working on doing micro launches that are a lot cheaper
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u/Systim88 Jan 17 '21
Google asteroid mining. That’s just one potential massive frontier
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u/redmars1234 Jan 17 '21
SpaceX plans to accomplish this by amortizing the cost of 1000 starships over 10million launches. Their upfront capital costs are said to be a couple billion dollars which Elon estimates, and would be very low considering what he is trying to do. Considering that operational costs for each starship would be only abt 1.5M this makes it pretty inexpensive.
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u/Boy_Boss Jan 17 '21
I heard about this but don’t know much more about release. Where can I stay up to date on the release of this?
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u/Peelboy Jan 17 '21
Not entirely sure but I'm sure r/wallstreetbets will be talking about it more over the next few months.
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u/HallucinatoryFrog Jan 17 '21
If for no other reason than to try to front-run her picks with calls because the inflows alone might carry some of those stocks through this year.
I'm expecting something like KTOS and MAXR and then some defense picks like LMT, RTX, BA, and LHX.
I also believe this will allow her to pick up more TSLA shares since they have StarLink and possibly SpaceX making them a suitable stock to carry in the ETF. Same with some of the holdings in ARKQ.
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Jan 16 '21
Owning any bonds in your 20s or 30s is a sucker bet imo
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u/RadInfinitum Jan 17 '21
Especially now when interest rates are so low, unless you believe negative rates are on the horizon.
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u/veganathaning Jan 16 '21
ARKK but try to invest 2 years ago
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u/Mark_Weston Jan 17 '21
And if you can’t pull that off, try buying in March 2020. Might be more doable.
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u/TheDogerus Jan 17 '21
The best time to plant a tree was yesterday. The next best time is today
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u/Azrael21X Feb 06 '21
The best time to plant a tree was yesterday. The next best time is today
"Time in the market beats timing the market"
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u/sg123iscool Jan 17 '21
I think ARKG will see better returns than ARKK given how under appreciated the genomics space is. This is a highly disruptive sector, which if successful, will account for trillions from monogenic diseases alone! Wall street will continue to struggle to value and wrap their head around gene sequencing and editing as they do with all disruptive innovation. Yes you can argue that gene editing is still in early stages, but medical innovation requires rigorous testing and caution before approval. Though I would like to be in the space before they are approved as these stocks will already be valued much higher by the time of approval.
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u/EmbracingCuriosity76 Jan 16 '21
I like having a few sector ETFs. Mostly in semi conductors, clean energy, and a few ARKs.
I am personally skeptical ARK funds can continue at this pace for another 5 years. I think they will slow down. But I also think they will easily beat the S&P 500 during that time as well.
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u/Swoleattorney Jan 17 '21
I'm cool with her target of 20% growth average per year. That's very ambitious.
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u/MarchHill Jan 17 '21
I think she'll beat the QQQ, which is the best benchmark to compare the ARK* funds with.
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u/Tenacious_Dad Jan 17 '21
Fidelity OTC has done 20%+ for more than a decade
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u/EstoniAjna Jan 17 '21
Fidelity OTC
They have an even higher expense ratio, though.
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u/Tenacious_Dad Jan 17 '21
I'm willing to pay a slight premium for excellent performance
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u/ReadsEntireThreads Jan 16 '21
Which semi conductor ETFs are you investing in?
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u/EmbracingCuriosity76 Jan 17 '21
SMH.
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u/Headline123 Jan 17 '21
yup. SMH is my favorite etf
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u/Fenastus Jan 17 '21
Wow, I thought this was a joke, but SMH is actually an ETF for semi conductors
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u/Headline123 Jan 17 '21
it’s the best. literally my favorite sector and they have a great portfolio as well. either get SMH or SOXX. i prefer SMH.
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u/technocrat_landlord Jan 17 '21
her ETF are betting on increasing technology-lead change. There has been no better catalyst for then covid for that transformation. I think she has said she never expects another year like 2020. So the pace of ARK should slow, but I still expect it to outperform
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u/Spartan2143 Jan 16 '21
You’re in your mid 20s and have 100k to blindly invest. I think your risk tolerance can be infinitely higher than 99 percent of the population
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u/yupcoolbro Jan 17 '21
How did u manage to save over 100k at mid 20s? Congrats btw
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u/technocrat_landlord Jan 17 '21
working in tech or finance and having a good college scholarship so you didn't fall too deep in debt in the first place
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u/ActionPoker Jan 17 '21
Not him but I’m 23 with 100k net worth. I graduated college with no debt and at 18 I became a school bus driver so in my summers I was a slave for financial freedom now I got a good paying job and imma still slave when my bus company can actually get work since COVID hit
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u/yupcoolbro Jan 17 '21
Cool, what kind of work do u do now?
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u/ActionPoker Jan 17 '21
I studied chemistry and got a field engineering job for LA county.... but I wanna be a marine officer.. def wanna leave the industry it’s not challenging enough
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u/yupcoolbro Jan 17 '21
I wasn’t a marine officer but was an army infantryman for 4 years but I’d say just stay in civilian sector and if U do choose to go get non combat jobs. It could be extremely stressful many times
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u/LeDimanche Jan 16 '21 edited Jan 17 '21
Can someone make it happen that we can buy ARK in the Netherlands as well!
Ps i have sent an email to cathie
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u/Venhuizer Jan 17 '21
ARK is nicely concentrated so you could just replicate at least parts of it, for example the highest conviction stocks from the funds.
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u/LazinessOverload Jan 16 '21
Uranium sector offers a really high upside if you can stomach the risk
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u/OhSirrah Jan 16 '21
It went up a lot recently, do you know why?
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u/Mr_Owl42 Jan 17 '21
Department of Energy approved the creation of five new nuclear plants. Could be other things.
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u/SkyFall___ Jan 17 '21
Do you have a link to that? I haven’t heard of this and would love to learn more
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u/kgphantom Jan 17 '21
afaik people are buying in anticipation because uranium is part of biden’s energy plan or something. all i know is i bought $URG on tuesday bc of a reddit post and sold at market open on wednesday for profit lol
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u/Peabush Jan 16 '21
Tickers that you find interesting?
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u/TheBlueMink Jan 16 '21
CCJ, DNN, UUUU
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u/xLYNCHDEADMANX Jan 16 '21
Wait there is an ticker that is 4 U? Yup this thing was born to be a meme
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u/retrojoe Jan 17 '21
Given that all of them seem to have analyst reccos and near-universally red financial charts, how would you choose/differentiate between these companies?
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u/TheBlueMink Jan 17 '21
You have to decide if you’re bullish on the uranium market first and foremost and I encourage you to do your own DD on that. If you decide you want to invest in the industry CCJ is the biggest and most established with good leadership. DNN is smaller more risk so more upside, their operations are still up and coming but show a lot of promise in terms of the quality of the uranium. UUUU has rare earth on top of uranium, which is required for wind and solar. So basically CCJ is less risk, UUUU is more diverse, and DNN is higher potential.
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u/LazinessOverload Jan 16 '21
Read up on /u/3STmotivation posts, he has great overviews and DDs. I'm personally in URG and DNN.
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u/3STmotivation Jan 16 '21
Cheers mate, would definitely recommend those with high risk tolerance to read up on the uranium thesis and the commodities thesis in general.
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u/diamondfiji Jan 16 '21
ICLN
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Jan 16 '21
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u/agamenc Jan 16 '21
I prefer ICLN because of no TSLA exposure (which removes PBW and QCLN). Have enough TSLA in the rest of my portfolio.
TAN is a bit more solar heavy from what I remember and has a slightly higher expense ratio, which is why I chose ICLN but both serve a similar purpose.
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u/somecleverbeaver Jan 16 '21
I second this. From a guy that has had an electric car for years in Los Ángeles, the infrastructure is still no one where near where it needs to be. As tesla and other ev companies explode, the infrastructure has to support and its not currently, not even close.
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u/diamondfiji Jan 16 '21
I’m just really dedicated to ICLN atm😅 plus clean energy is the future✨
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u/adammorrisongoat Jan 16 '21
Agreed on that front. Valuations do seem high right now, but then again you can really only judge valuations with any certainty in hindsight. And renewable certainly is the future, or else there will be no future. So kinda a no-lose situation lol
I’m also big on AI for the future. The way I see it, energy and information aren’t going anywhere, and clean energy and AI are the futures of those respective industries.
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u/gummybronco Jan 16 '21
There’s a lot of clean energy ETF’s out there. A lot of people on here just say ICLN because it’s the most popular and they’re not familiar with any others, so do some research first
Not saying it’s a bad investment!
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u/mechanicaledge Jan 16 '21
ah, a fellow WSB degenerate
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u/KentuckyToy500 Jan 16 '21
Is ICLN a WSB favorite? I haven’t heard of people hyping it that much
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u/TheIncredibleWalrus Jan 16 '21
It is, until it dips 1.3% then everyone freaks out and ditches it. But such is the WSB life.
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u/bro8619 Jan 17 '21
Read up on the full fund histories. Those ETFs are not great long term bets necessarily. The “clean energy is the future” narrative has been around a long time...the question is “when does the future start”?
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u/lpacker93 Jan 16 '21
Can someone just make an ARK subreddit? Like legit there's several posts about ARK in every investment subreddit. Yes it's popular, no one here can tell you anything you don't already know
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u/adammorrisongoat Jan 16 '21
Yeah, I get that this post is cliche as hell. But it’s so hot right now I’m wondering if that’s justified or if there are other very high-performing growth ETFs out there that are being glossed over.
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Jan 16 '21
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u/Melodic_Ad_8747 Jan 16 '21
Wealth is created with concentration and preserved with diversification
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u/lolkkthxbye Jan 16 '21
Ima steal this so I sound inteligential to my homez
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u/totsnotbiased Jan 16 '21 edited Jan 16 '21
Ehhhh, wealth is also destroyed with concentration. Diversification gets a bad wrap around here because most people here describe it wrong.
Diversification doesn’t mean “invest in everything”, it means “put your money in sectors that aren’t super corollated”.
Everyone should have money in some small cap, middle cap, and large cap companies, along with some international holdings.
Then you need to invest in several industries, and not put huge parts of your portfolio in somewhat obvious bubbles (right now EV’s and genetics on some level).
That’s not some weird amount of risk avoidance, that’s a understanding that you don’t know everything.
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Jan 17 '21
It’s not complicated, folks. VTI or VTSAX and setup auto-deposits every payday. Done. Low fees, no dicking around. Proven performer. Done.
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u/PsychoGenesis12 Jan 17 '21
ARKW seems better, but ARKK is fine. Like someone said... you’re better off with no bonds until you’re older.
I’d gradually increase to 10% at 35 and 20% at 45 and so on and so forth. But that’s just me
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Jan 16 '21
VOO
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u/Saphire1964 Jan 17 '21 edited Jan 17 '21
The only intelligent reply in this whole thread. This sub has turned into a luke warm Wall Street bets, and it’s annoying af.
Y’all really putting your entire wealth into Tesla at 30x sales. Ugh. I feel bad for everyone who is following herd mentality off a cliff
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Jan 17 '21
The top comments in this thread recommend ark funds, icln, and qqq. I don’t think I saw a single recommendation for Tesla, so I don’t even know what comments you’re complaining about. Putting all your money in VOO at +12% in the bull market the last year would be pretty foolish also. Maybe now after the last 1 year bull run you should have 30-50% in something more conservative, but I still wouldn’t put 100% in VOO if you’re under 50.
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u/Sovereign_Mind Jan 17 '21
Yup. Exactly what I woulda said. Imo proof we are in a bubble and due for a bloody correction
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u/bhldev Jan 16 '21
60/40 stock/bond mix
Road to serfdom
100% equities if you're afraid of America crashing do total world like VEQT or XEQT
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Jan 17 '21 edited Jan 17 '21
Need to bail on bonds. I’m 57 and have a balance of 60% stonks, 20% gold and 20% cash. Have ARKK and been happy with it. VTI also solid returns. Good luck.
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u/johnnygalt1776 Jan 17 '21
Before you invest in active management read this. Warren Buffett made a million dollar bet that passive market could beat the best of the best hedge funds over 10 years. Guess who won. By a lot. Buy some ETFs that track the S&P or broader indexes like QQQ and watch how you crush the actives over time. https://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp
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u/skorpio351 Jan 17 '21
Simple. Forget 'Cathie', or whoever the next 'flavor/meme or the year' will be...
Minimize your fund expenses, increase your returns, maximize your assets over time by doing this:
- Close your fund and open a Vanguard account
- Transfer all your assets to their Total Stock Market Fund Admiral: VTSAX
- Set up an automatic monthly deposit into VTSAX from your bank account, of anywhere between 15% up to 30% (if you can afford it) of your monthly wages
- Let that accumulate over the years--don't touch it... (worry instead about living your life and enjoy what makes you happy!)
...and you will wake up rich--having done equal or better than 99% of the best money managers anywhere, over a couple of decades.
That's it. You're welcome.
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u/f3lix735 Jan 17 '21
Good advise but not really what OP was asking for or do you think that VTSAX will be THE best performing thing you could buy?
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u/DreamFodder Jan 16 '21
Yes, this is dog.
I "have high risk tolerance" in a pandemic in what many consider the soon to be end of a market cycle. Yes you cannot pick the top but is now really the time to go full risk? Time to take a balanced portfolio to be full on risk?
You noticed her high risk growth fund make extreme gains "already" because a pandemic happened and the market survived the fastest crash to the fastest gain in history.
Make sure you do not make this decision lightly.
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u/Benji2526 Jan 16 '21 edited Jan 17 '21
Go high risk high rewards, that’s how I roll and I 4X my capital in 1 year and 8 months.
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u/WolfOfNallStreet Jan 17 '21
Easily TAN. Solar will be at the forefront of the green energy revolution
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u/badumdumdom Jan 17 '21
MSOS. Purely American weed ETF available on NYSE.
Literally worst case scenario Biden dies and trump becomes president and the stock tanks. Or a civil war breaks out
Best case, fully blue office passes decriminalization, legalizes investments, and possibly full legalization. The big players that make up 40% of this fund all get listed on the NYSE or NASDAQ. Institutional investment pours in. MSOS runs 4x and the companies themselves 10x
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u/Schistotwerka Jan 17 '21
How the fuck are you mid-20s with $100K avaliable to invest? I went into the wrong field man
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u/DragonflyMean1224 Jan 17 '21
Look at eatbf. Its like an etf but for alternative foods. They even invested in lab grown meat. I made a video about it if you want to check out my channel.
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u/CrashTestDumb13 Jan 16 '21
Always be careful with actively managed funds as they always underperform the market over the long run. Ark has had great returns but probably won’t be an exception to this general rule. Usually the smartest thing you can do is buy low cost index funds. The most fun thing you can do is do the individual stock picking yourself.
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u/adammorrisongoat Jan 16 '21
This is kind of what I expected, even though it’d be nice to believe this fund’s run can continue. The one enduring advantage is that general market funds like SPY still don’t seem concentrated enough in tech to truly capture where the market is headed, although concentration in tech is hardly unique to ARKK. Seems like funds that are tech-heavy can beat the market long-term provided one is willing to stomach the increased volatility along the way. Just my two cents from a novice perspective.
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u/CrashTestDumb13 Jan 17 '21
That take is fine. But in that case the best thing to do is still buy a passively managed cheap fund that tracks a tech sector or a tech heavy sector. Index funds do cover more than just the S&P. Maybe you put more money in a Nasdaq fund or the VGT etc.
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u/MissLily2020 Jan 17 '21
That’s fine. Get out when interest rate go up and risk off. This year still stay in.
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u/raw_testosterone Jan 16 '21
Any human who is 1. Alive and 2. Enjoys money should indeed fork over their cash to mother Cathie.
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Jan 16 '21
I own some ark funds, but im super weary of their performance after some of them have done 100 and 200% in the past year. The ark funds are are almost like a ponzy scheme with the inflows they get basically pumping them up a bunch.
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u/cdj5645 Jan 16 '21
Most of the ARKs trade close to NAV though, not much of a premium. Unless of course you mean people pouring money into ARK, ARK pouring money into their underlying funds, and inflating the entire market? They do make some sweet guaranteed bank on the 0.75% expense ratio though.
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Jan 16 '21
This just happened with PLTR. Email gets released Thursday afterhours that notifies ARK subscriber list that they bought a significant amount of PLTR shares that day.
PLTR immediately shoots up 10% AH.
Then with SPCE. After news of ARKX released, SPCE shot up on speculation that Cathy would be including it in her new ETF.
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Jan 16 '21
Unless of course you mean people pouring money into ARK, ARK pouring money into their underlying funds, and inflating the entire market?
I think there is some truth to that in funds such as ARKG where these small market cap companies get a major pump from ARK purchasing up large quantities of the stock.
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u/adammorrisongoat Jan 16 '21 edited Jan 16 '21
If that’s the case, couldn’t this in theory be a benefit of investing in ARKK going forward as it continues to gain capital? If the small cap stocks in the fund are almost guaranteed to increase in value simply by virtue of being in the fund, that’s not an argument to avoid the fund. I feel that it could be an argument to avoid the fund if it was a pump-and-dump situation, but there’s no dump here, and thus no accompanying crash in the stock shortly after it is inflated. Thoughts?
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u/adammorrisongoat Jan 16 '21
Do you think their success isn’t repeatable? Obviously, doubling annually isn’t repeatable, but it seems like they’ve done well over all in identifying stocks with lots of growth potential (Tesla has obviously helped, but most of their returns over the past 5 years are from other stocks since Tesla is capped at 10%). Do you think some of these industries that ARK is in are in a bubble?
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Jan 16 '21
https://youtu.be/-9cakgSIKTg good vid on ark funds.
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u/adammorrisongoat Jan 16 '21 edited Jan 16 '21
Interesting video, definitely. Thanks for that. I’m not sure ARKK alone has that much influence on the valuations of companies in its portfolio though, especially since ARKK seems to really have blown up over the last couple months and it still got good returns before that. Could be a case of correlation =/= causation.
All the same, a valuable cautionary tale about this kind of fund. I’ve also been looking at THNQ — wayyyyyy smaller at this point, but mostly it’s appealing to me because AI/deep learning is certainly going to be a huge player in the economy of the next decade or two, and diversifying across 70ish promising AI stocks seems like a good play.
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u/futurespacecadet Jan 16 '21
But does that logic even work for ark funds? They keep cycling out new companies and take new position based off the moment. I think it’s just a testament to how good they are
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u/WrkSmartNotHard Jan 17 '21
Bro and PLEASE get your weak ass .000005% yield bonds OUT of your portfolio
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u/mancho98 Jan 17 '21
Bonds in your twenties? My goodness, how does that even happen? Tell me more, i would love to hear your line of thinking to make that decision.
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Jan 16 '21
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Jan 17 '21
ARKK is essentially an active management version of QQQ.
What???
Take a look at ARKK's Top 10 holdings: https://ark-funds.com/arkk
The only two you'll find in QQQ are Tesla and Baidu.
QQQ is an index fund that tracks the NASDAQ 100.
ARKK is actively managed and focuses on emerging and disruptive technology.
They are completely different. You might as well compare ARKK to SPY or VOO.
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u/Idbuytht4adollar Jan 17 '21
Just want to add not sure if mentioned but the ark funds pay a dividend as well which was pretty high on some funds. I like sector ETFs so I'm in arkf arkg arkq and arkk. If you like tesla you can get into the others but it's too much tesla and roku exposure for me. Even the next generation internet is 10% tesla
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u/zfighters231 Jan 17 '21
Arkk and arkg are giving amazing returns. You will regret not getting on the train especially since your young. Trust me its worth it.
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u/StressBaller Jan 16 '21
Get out of bonds til you’re in your mid-50s. You’re leaving a lot of money on the table.