This Popular ETF Has A Better 5-Year Return Than Wells Fargo, Starbucks, AT&T, Snap, American Airlines, Alibaba And Coca-Cola

The ARK Innovation ETF ARKK managed by Cathie Wood consists of companies that change the way the world works, and over five years has produced exceptional returns.

Since June 2017, ARK Innovation ETF’s 5-year return has outperformed several of the world’s most popular financial services, social media and consumer discretionary stocks: Wells Fargo & Co WFC, Starbucks Corporation SBUX, AT&T Inc. T, Snap Inc SNAP, American Airlines Group Inc AAL, Alibaba Group Holding Ltd - ADR BABA and Coca-Cola Co KO.  

According to ARK Invest, the fund defines ‘‘disruptive innovation’’ as the introduction of a technologically-enabled new product or service that potentially changes the way the world works.

Companies within ARKK include those that rely on or benefit from the development of new products or services, technological improvements and advancements in scientific research relating to the areas of:

• DNA Technologies and the “Genomic Revolution”

• Automation, Robotics, and Energy Storage

• Artificial Intelligence and the “Next Generation Internet”

• Fintech Innovation

Here's how the returns break down from June 2017 to present: 

• Wells Fargo is down from $53.80 to $45.40 for a return of -15.61%

• Starbucks is up from $62.19 to $79.13 for a return of 27.24%

• AT&T is down from $29.27 to $20.98 for a return of -28.34%

• Snap is down from $18.08 to $15.26 for a return of -15.60%

• American Airlines is down from $48.79 to $16.38 for a return of -67.41%

• Alibaba is down from $139.44 to $99.93 for a return of -28.33%

• Coca-Cola is up from $45.32 to $62.88 for a return of 38.74%

• And finally, ARK Innovation is up from $28.83 to $43.75 for a return of 51.75%