Want To Bet Against Cathie Wood? There's A New ETF For That
Want To Bet Against Cathie Wood? There's A New ETF For That
A new exchange-traded fund offers the opportunity to bet against one of the top stock pickers of the last five years, Cathie Wood.
一個新的交易所買賣基金提供了與過去五年中最頂級的股票選手之一進行投注的機會， 凱西·伍德。
What Happened: The Tuttle Capital Short Innovation ETF (NASDAQ:SARK) opened for trading Tuesday. The ETF is an actively managed ETF that attempts to achieve the inverse of the return of the ARK Innovation ETF (NYSE:ARKK) for a single day.
發生了什麼事：塔特資本短期創新 ETF （納斯達克：薩克）週二開盤交易。該 ETF 是一個積極管理的 ETF，試圖實現逆向的回報 方舟創新型 ETF (紐約證交所代碼:阿拉伯克朗) 為一天。
“This distinctive exposure allows investors to potentially profit from a decline in a portfolio of companies involved in disruptive industries such as electric vehicles, next-gen internet, genomics and fintech,” the press release says.
新聞稿說：「這種獨特的曝光率使投資者可以從涉及電動汽車，新一代互聯網，基因組學和金融科技等顛覆性行業的公司投資組合中獲利。」
The Ark Innovation ETF holds positions in 44 stocks. The top holdings in the ETF are Tesla Inc (NASDAQ:TSLA), Teladoc Health (NASDAQ:TDOC), Coinbase Global (NASDAQ:COIN), Unity Software (NYSE:U), Roku Inc (NASDAQ:ROKU) and Zoom Video Communications (NASDAQ:ZM).
方舟創新 ETF 持有 44 隻股票的頭寸。ETF 中最高持有的股份為 特斯拉公司 (納斯達克:TSLA), 特拉多克健康 (納斯達克:TDOC), 全球幣庫 (納斯達克:硬幣), 統一軟件 (紐約證交所:U), 六公司 （納斯達克：魯庫）和 變焦視頻通信 (納斯達克:ZM).
“Whether you believe that the current bull thesis for transformational industries is stretched or you are looking to provide protection to an existing portfolio of high-growth stocks, SARK is a potentially attractive opportunity worth exploring,” Tuttle Capital Management CEO Matthew Tuttle said.
「無論您認為當前的轉型行業牛市論文已經延長，還是希望為現有的高增長股票投資組合提供保護，SARK 都是值得探索的潛在誘人機會，」Tuttle Capital Management 首席執行官 马修·塔特尔 說。
Related Link: Why Cathie Wood Launched Ark Funds
相關連結：為何凱西伍德推出方舟基金
Why It’s Important: Tuttle told Benzinga there is demand for a short Ark ETF.
為什麼它很重要： 塔特爾告訴賓辛加有一個短的方舟 ETF 的需求。
“There are currently over 30 million shares short on ARKK so there is massive demand,” Tuttle told Benzinga.
塔特爾告訴本辛加：「目前有超過 3000 萬股空頭股票，因此存在巨大的需求。」
Tuttle points to several recent moves by Ark Funds as reasons for an inverse ETF noting that the buying and selling of Zillow Group Inc (NASDAQ:Z) by Ark “was not a good look.”
塔特爾指出方舟基金最近的幾個動作，作為反向 ETF 指出買賣的原因 齊洛集團 （納斯達克：Z）由方舟「是不是一個好看。」
Tesla makes up 11% of the ETF, which could be worrisome as Tuttle notes CEO Elon Musk “is unpredictable.”
特斯拉佔 ETF 的 11％，這可能令人擔憂，因為塔特爾指出首席執行官 伊隆麝香 「是不可預測的。」
“Many investors with whom we speak, including financial advisors, are cautious on current valuations for unprofitable innovative companies,” Tuttle said.
塔特爾說：「我們與之交談的許多投資者（包括財務顧問）對目前無利可圖的創新公司估值表示謹慎態度。
Tuttle Capital Management offers several ETFs including the first available de-SPAC pure-play ETFs that allow investors to bet on the long or short side. The De-SPAC ETF (NYSE:DSPC) holds 25 of the largest de-SPAC companies by market capitalization for up to 12 months after the merger is completed. The Short De-SPAC ETF (NYSE:SOGU) holds short positions in the same 25 de-SPAC companies.
塔特爾資本管理公司提供多種 ETF，包括第一個可用的脫離純交易所買賣基金，允許投資者在多頭或短頭投注。 德國公司交易所買賣基金 紐約證券交易所代碼：DSPC）持有 25 家按市值計算的最大 DE-SPAC 公司，合併完成後最長 12 個月。該 短期解除交易所買賣基金 (紐約證交所代碼:SOGU) 在同一 25 家脫海公司中持有空頭頭寸。
The company launched the first actively-managed pre-deal SPAC ETF in December 2020 with The SPAC and New Issue ETF (NYSE:SPCX).
公司於 2020 年 12 月推出首隻主動管理的交易前交易所買賣基金 浦發行及新發行 ETF (紐約證券交易所:SPCX).
ARKK Performance: The Ark Innovation ETF is one of the best performing ETFs of the last five years with a return of 538.7%. The ETF is up 174.8% over the last three years.
阿克蘭克朗技術性能 方舟創新 ETF 是過去五年表現最好的 ETF 之一，回報率為 538.7％。交易所買賣基金在過去三年上漲了 174.8%。
The ETF has attracted large inflows from investors given the notoriety of Wood beating the market and timing purchases of Tesla and other high-growth stocks well.
鑑於 Wood 的惡名昭著地擊敗了特斯拉和其他高增長股票的時機，ETF 吸引了投資者的大量流入。
ARKK has seen its performance fall with tech stocks falling on valuation concerns and several ill-timed buy and sells from Wood.
ARKK 看到其表現下降，科技股因估值擔憂而下降，並從 Wood 進行了幾次不合時的買賣。
The ETF is up 22.8% over the last year, but down 0.9% year-to-date.
該交易所買賣基金比去年同期上漲了 22.8%，但今年迄今為止下降了 0.9%。
While ARKK has outpaced the broader S&P 500 for many years, the fund now trails in 2021 by a considerable margin with the SPDR S&P 500 Global (NYSE:SPY) up 27% year-to-date.
儘管 ARKK 多年來已超越了更廣泛的標普 500 指數，但該基金現在在 2021 年跟踪了相當大的利潤 全球標普 500 (紐約證券交易所代碼:SPY) 迄今為止上漲 27%。
譯文內容由第三人軟體翻譯。