ARK Innovation ETF: Recent Returns Do Not Justify The Risk

wildpixelFollowing a disastrous performance over the past few years, ARK Innovation ETF (NYSEARCA:ARKK) seemed to be on track to recover in the months following November of last year. The momentum, however, has cooled-off rather quickly and the ETF is now very close to once again underperform the S&P 500 and other growth-oriented funds, such as The Vanguard Growth ETF (VUG). Data by YChartsBut that's not the main problem that ARKK shareholders are now faced with. More importantly, the ETF is extremely v ...