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For taking a position against another growth stock hype luminary, there exists an inverse Cathie Wood index you can trade: an ETF with the ticker SARK (“short A
by pavlov 5y ago
For taking a position against another growth stock hype luminary, there exists an inverse Cathie Wood index you can trade: an ETF with the ticker SARK (“short ARK”). It has done quite well since its inception last year.
- dominotw 5y ago>done quite well since its inception last year. that probably doesnt say much though. what happens if its run since ark's inception?
- dehrmann 5y agoThis is also a problematic metric because of survivorship bias and as part of that, most investors showed up late to the game. Despite the fund having done well, it still could have a negative return over its life when weighted by AUM.
- pavlov 5y agoA short fund like this is a trading instrument. I don’t imagine anyone holds it for years. The fund makes its money on fees, not on price appreciation.