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Cathie Wood's Ark Innovation ETF Sees Sharp Decline Among Top Holdings — Here Are 10-Largest Losers Within ARKF

Benzinga ·  May 28 19:29

Cathie Wood's flagshipARK Innovation ETF(NYSE:ARKK) has been navigating through significant losses, showcasing the challenges faced by some of its major holdings.

What Happened: Since its peak in February 2021, the fund has experienced substantial losses. The ARKK ETF has declined by 72% since its peak on Feb. 19, 2021. During this period, the Nasdaq 100, its primary benchmark, has surged by 39%, reaching record highs. Year-to-date, the ARKK ETF has decreased by 15%, while the Nasdaq 100 has increased by 12%.

Data from Cathie's Ark, a platform monitoring ARK Invest's ETFs' daily trades, reveals that onlyTesla Inc (NASDAQ:TSLA), among...

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