What is your take on ARKK and the other ETFs under ARK?

I think ARK are very, very good at marketing.

Hi there! We think ARKK is a solid choice for the near term at least. It has generated annual returns of 39% on average for the past five years, and its active strategy means the ARK team is always looking for the most promising companies to invest in. We share 5 key things to know about ARK and their ETFs here.

And while it may seem like having almost 10% of the ARKK fund in Tesla is concerning, the Invesco QQQ has 12% of its exposure in Apple. At this stage, we think Tesla has more room to grow compared to Apple.

Another ARK ETF that shows promise is ARKF. Cashless transactions, an already growing trend which accelerated during the coronavirus pandemic, is a key theme for ARKF.