ARKK, WGMI, HYDR, URA and CHPS top June's rally as easing trade tensions and dovish Fed signals lift the key sectors.
In June, KDEF surged 21.7% as Korean defense exports gained steam, while PLTM soared 23.2% on platinum's tightening supply.
ARKK soars 23% so far in June, fueled by explosive stock moves and bold bets on AI, nuclear energy and robotaxis.
Cathie Wood's ARK innovations have again started to glow. Last week, most of ARK ETFs, including ARK Innovation ETF ARKK, ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF ARKF surged about 8%.
ARKK surged to a 52-week high with an 89% rebound from the 52-week low price.
Cathie Wood's ARKK ETF has made an impressive comeback over the past year. With a fresh bull market, a strong technology landscape, and a flurry of new IPOs, Wood and her team are poised to outperform.
Growth stocks and ETFs had a rough start in 2025, but with headwinds giving way to tailwinds, the second half of the year can be a good one for investors.
ARK Innovation ETF is a high-conviction, actively managed ETF focused on disruptive innovation, requiring significant monitoring and conviction from investors. Post-2022, ARKK shifted towards more resilient, cash-flow stable innovators, reducing risk but maintaining high volatility and concentration. Performance has lagged passive benchmarks since 2022, with sharp drawdowns and inconsistent returns, weighing on the buy case.
ARKK isn't sinking, it has sunk. The question is, can it add alpha instead of just being high beta. The ETF has no stark differentiated factors I can see, so I'm skeptical it is capable of more than a bounce in sync with the market. This former market darling peaked at $28 billion in AUM, but is down to “only” $5 billion now.
ARK Innovation ETF is rated a "hold" due to its heavy reliance on mega-cap stocks like Tesla, which limits its growth potential. Cathie Wood's optimistic projection for Tesla to reach $2,600 in five years is concerning and unlikely, given Tesla's current market cap and growth trajectory. ARKK's portfolio includes stocks like Palantir with growth potential, but others like Roku show a boom-and-bust pattern, raising doubts about management's strategy.
The technology-oriented Nasdaq 100 index is back into correction territory, down 10.5% after hitting an all-time high last month.
Cathy Wood, chief executive of ARKK Invest, is a celebrity in the world of finance.