ARK Innovation, an exchange-traded fund (ETF) managed by ARK Investment Management, is facing the possibility of a fourth consecutive year of losses. The ETF, which focuses on innovative and disruptive technologies, has struggled to deliver positive returns amidst market volatility and changing investor sentiment.
Despite its initial success in 2017 and 2018, ARK Innovation has experienced difficulties in recent years, with the fund posting losses in 2019, 2020, and 2021. The ongoing challenges have raised concerns among investors about the fund’s ability to generate returns in the future.
While ARK Innovation has attracted attention for its investments in high-growth sectors such as electric vehicles and biotechnology, the fund’s performance has been overshadowed by its inability to capitalize on these trends. As a result, some investors have started to question the long-term viability of the fund and its strategy.
As ARK Innovation heads into another year of potential losses, investors will be closely monitoring the fund’s performance and management decisions. With uncertainty surrounding the market outlook and the impact of global events, the future of ARK Innovation remains uncertain.