The Wall Street Journal
Cathie Wood’s Flagship Fund Is Down 45% This Year. Money Is Still Flowing In.
Shares of the popular ETF, which is known by its ticker ARKK, have declined 45% so far in 2022—including 21% in April alone—as rising interest rates punish stocks that are valued on the prospect of robust future growth. Its big holdings include Tesla Inc , Zoom Video Communications Inc , Roku Inc , Teladoc Health Inc and Coinbase Global Inc With the exception of Tesla, those stocks have all fallen more than 35% this year.