Cathie Wood's ARK Invest ETFs are some of the hottest funds after 2020's huge stock market gains.
The ARK Innovation ETF ARKK grew more than 152% in 2020, beating the Nasdaq's 43.6% return.
In 2021, the ARKK ETF sharply underperformed the Nasdaq. For the year, ARKK finished down 24% compared to the Nasdaq's 21.4% advance.
Looking back over the last six months, the ARKK ETF is down just over 40%, but that doesn’t necessarily mean the stocks it holds are performing the same way. Here are Wood's top 10 investments and how they’ve performed.
• Tesla TSLA: The ARKK ETF holds over 1.7 million shares, with a weight of 8.65%
Tesla's six-month performance: 33% increase.
• Teladoc Health Inc TDOC The firm holds over 11 million shares, with a weight of 6.52%.
Teladoc's six-month performance: 48.26% loss.
• Roku Inc ROKU ARKK holds just under 5 million shares, with a weight of 6.4%.
Roku's six-month performance: 57.86% loss.
• Zoom Video Communications Inc ZM The ETF holds 5.4 million shares, with a weight of 6.01%.
Zoom's six-month performance: 61.97% loss.
• Coinbase Global Inc COIN ARKK holds 3.4 million shares, with a weight of 5.73%.
Coinbase's six-month performance: 23.79% decrease.
• Exact Sciences Corp EXAS The ETF holds 8 million shares, with a weight of 5.01%.
Exact Sciences six-month performance: 19.23% loss
• Unity Software Inc U ARKK holds 5.5 million shares, with a weight of 4.9%.
Unity Software's six-month performance: 13.41% loss.
• Intellia Therapeutics NTLA The firm holds 5.7 million shares with a weight of 4.36%.
Intellia six-month performance: 40.37% loss.
• UiPath Inc PATH ARKK holds 14.1 million shares, with a weight of 4.27%.
UiPath's six-month performance: 37.45% loss.
• Block Inc SQ The ETF holds 4.8 million shares, with a weight of 4.19%.
Block's six-month performance: 59.59% loss.
Photo courtesy of Block.
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