Do you believe in innovation? How do you feel about Cathie Wood and Ark Invest? I've got big news for you if you're a fan of Cathie, and even BIGGER news if you disagree with her strategy. That's because there's a new ETF that returns the OPPOSITE of her flagship fund: the Ark Innovation ETF. Should you be interested?
I have two unique reasons as to why maybe you should. My reasons are way different than other people's, so it's in your best interest to hang around until the end to hear it all.
This new ETF is from Tuttle, and the ticker is S-A-R-K. Short, Ark. Simple enough. SARK is an inverse ETF, meaning it delivers the opposite of the Ark Innovation ETF. If Arkk goes up two percent, SARK goes down two percent. Ark down three, Sark up three. Simple, straightforward results.
This isn't an argument of Arkk versus the S&P 500. This is an argument for or against inversing the returns of Arkk. Follow me on this delve into an inverse ETF.
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DISCLAIMER:
This video is my opinion and should not be taken legal, tax, or investment advice. I am not a certified financial, legal, or tax advisor. Always do your own due diligence and consult with your professional legal, tax, or investment advisors. Links in this description may be affiliate links, if you use these links I may earn a commission.
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