Why Are ARKK Investors Jumping Ship? Cathie Wood's Poor Picks Lag Behind The Competition - AXS Short Innovation Daily ETF (NASDAQ:SARK), AXS 2X Innovation ETF (NASDAQ:TARK)

As head of ARK Invest, Cathie Wood is one of the few celebrities in the financial world. She's made a name for herself with big bets and brash predictions like Bitcoin BTC/USD topping $1 million by 2030. These bets have often paid off, 2020's bull run saw her flagship fund, ARK Innovation ETF ARKK, triple the performance of the S&P 500.But Wood's recent track record has been lackluster. So far this year ARKK is up just over 2%, compared to almost 7% for the S&P. And it gets worse when stacked up against oth ...