Cathie Wood-Linked ETFs Are Standing Out From $6.4 Trillion Pack

99
13
Favorite

Cathie Wood-Linked ETFs Are Standing Out From $6.4 Trillion Pack

Bloomberg2022-08-03

Short ARKK ETF by AXS and Tuttle has gained over 50% in 2022Trading volume jumps in TARK, which doubles ARKK performanceOne strategy has helped a company stand out in the $6.4 trillion US exchange-...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（13）

FT585
·2022-08-03
Like
Reply
Like
Report
Aoyjai
·2022-08-03
Diversity is the main reason for so many funds out there here...
Reply
1
Report
来人
·2022-08-03
Ok
Reply
Like
Report
GH_82
·2022-08-03
Good to know
Reply
1
Report
ZenInv
·2022-08-03
Luck is what many investors dismiss
Reply
1
Report
hphoa
·2022-08-03
Ok
Reply
3
Report
Ktkw
·2022-08-03
Leggo
Reply
1
Report
Thalos
·2022-08-03
The anti fund is created to be contrarian. But whenanti fund is created meaning the bottom is formingover the main fund.
Reply
3
Report
Thomas9413
·2022-08-03
Great
Reply
3
Report
JamesfromSG
·2022-08-03
👍🏼
Reply
5
Report
SCLIEW
·2022-08-03
666
Reply
3
Report
jayfalcon
·2022-08-03
Like pls 🙏 thanks
Reply
8
Report
Deonc
·2022-08-03
Thank you
Reply
3
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1191299417?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-08-03 14:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1191299417","market":"us","top_or_hot":-1,"title":"Cathie Wood-Linked ETFs Are Standing Out From $6.4 Trillion Pack","media":"Bloomberg","content":"<div>\n<p>Short ARKK ETF by AXS and Tuttle has gained over 50% in 2022Trading volume jumps in TARK, which doubles ARKK performanceOne strategy has helped a company stand out in the $6.4 trillion US exchange-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-26/cathie-wood-linked-etfs-are-standing-out-from-6-4-trillion-pack\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood-Linked ETFs Are Standing Out From $6.4 Trillion Pack</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood-Linked ETFs Are Standing Out From $6.4 Trillion Pack\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-03 14:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-26/cathie-wood-linked-etfs-are-standing-out-from-6-4-trillion-pack><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Short ARKK ETF by AXS and Tuttle has gained over 50% in 2022Trading volume jumps in TARK, which doubles ARKK performanceOne strategy has helped a company stand out in the $6.4 trillion US exchange-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-26/cathie-wood-linked-etfs-are-standing-out-from-6-4-trillion-pack\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARKW","symbol_name":"ARK Next Generation Internation ETF","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2022-07-26/cathie-wood-linked-etfs-are-standing-out-from-6-4-trillion-pack","article_id":"1191299417","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1191299417","pubTimestamp":1659507006,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Short ARKK ETF by AXS and Tuttle has gained over 50% in 2022Trading volume jumps in TARK, which doub","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARKW":"ARK Next Generation Internation ETF","ARKF":"ARK Fintech Innovation ETF","ARKK":"ARK Innovation ETF","ARKG":"ARK Genomic Revolution ETF"},"translate_title":"与凯茜·伍德相关的ETF从6.4万亿美元的组合中脱颖而出","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKF":0.9,"ARKG":0.9,"ARKK":0.9,"ARKW":0.9},"content_text":"Short ARKK ETF by AXS and Tuttle has gained over 50% in 2022Trading volume jumps in TARK, which doubles ARKK performanceOne strategy has helped a company stand out in the $6.4 trillion US exchange-traded fund market -- piggybacking off of Cathie Wood.That’s the tactic helping tobolster up AXS Investments, the ETF issuer behind funds that bet both for and against Wood’s $9.4 billion ARK Innovation ETF (tickerARKK). Since its launch in May, trading volume has steadily increased in the AXS 2X Innovation ETF (TARK), which doubles the performance of Wood’s flagship fund. Meanwhile, its Tuttle Capital Short Innovation ETF (SARK), which bets against ARKK, has ballooned in size to $395 million in nine months.“It’s really the first time I’ve seen a firm be able to ride the wave of another ETF issuer,” Athanasios Psarofagis, ETF analyst at Bloomberg Intelligence, said. “In a way they help each other: AXS needs ARK, but ARK now benefits from more attention, and more trading building around their products.”The Federal Reserve’s rapid interest-rate hikes have dented highly-valued technology companies that make up most of ARKK’s holdings. As a result, ARKK has fallen over 50% year to date. But its decline hasn’t stopped investors from pouring $1.8 billion into the fund in 2022 -- underscoring the cult following Wood has maintained ever since her nearly 150% run in 2020.Wood’s popularity has sparked aglobal ecosystemof funds attempting to mimic ARK, with Bloomberg Intelligence tracking 24 exchange-traded products globally that are tied to the performance of an ARK strategy.Out of all of the ARK-focused funds, SARK, which tracks the inverse performance of ARKK using swaps contracts to achieve the opposite return of Wood’s fund for a single day, has gained the most. The fund’s price jumped about 53% this year. AXS, which alsorecently launchedthe first US single-stock ETFs,announcedthe purchase of the fund from Tuttle Capital Management in April.Meanwhile, AXS’s newer $36 million fund, TARK, which uses derivatives to track double the performance of ARKK, is fresh off its highest trading volume week since inception, clocking in more than $10 million. Its month-to-date volume surpassed the entire month of June.Read more: Anti-Ark ETF Parent Adds Double-Leveraged Fund Mimicking Wood’sAXS Chief Executive Officer Greg Bassuk credits the success of both ETFs to the fact that they were the first funds to allow ETF traders access to leveraged and inverse bets to the disruptive innovation theme.“For traders who are bullish on the disruptive technology space, this became the only way to get leverage exposure,” he said. “We don’t see it as necessarily folks who are either fans of Wood or not fans of Wood.”Stocks dropped Tuesday as earnings optimism waned and traders questioned the likelihood that the Fed’s monetary tightening will be able to keep the economy out of a deep recession. While the trading action has paused ARKK’s recent rally, the ETF is still up over 9% in July and its double-leveraged copycat TARK is up about 15%.SARK’s founder Matthew Tuttle said that the ETF is not about betting against Wood, but about making a bet against the high-flying technology stocks that he believed were ripe for a correction.“We definitely had a view on the market,” he said. “We wouldn’t have launched this if we didn’t think this has the potential to make investors a lot of money.”But Tuttle also admitted that “there’s always an element of luck in everything.”","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9906859030,"gmtCreate":1659521457023,"gmtModify":1705981220645,"author":{"id":"3562726241279787","authorId":"3562726241279787","name":"FT585","avatar":"https://static.tigerbbs.com/734b50619b12425294cb4715814bdedb","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3562726241279787","authorIdStr":"3562726241279787"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906859030","repostId":1191299417,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9906867915,"gmtCreate":1659517993639,"gmtModify":1705981201322,"author":{"id":"3578371382142637","authorId":"3578371382142637","name":"Aoyjai","avatar":"https://static.tigerbbs.com/9dcf5c34602d2433f3133ca6c6fece6a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578371382142637","authorIdStr":"3578371382142637"},"htmlText":"Diversity is the main reason for so many funds out there here...","listText":"Diversity is the main reason for so many funds out there here...","text":"Diversity is the main reason for so many funds out there here...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906867915","repostId":1191299417,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9906864346,"gmtCreate":1659517856888,"gmtModify":1705981199860,"author":{"id":"3575544575320394","authorId":"3575544575320394","name":"来人","avatar":"https://static.tigerbbs.com/0af89587decbb8a1d3e1596adc29cb98","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3575544575320394","authorIdStr":"3575544575320394"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906864346","repostId":1191299417,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9906864921,"gmtCreate":1659517851365,"gmtModify":1705981199696,"author":{"id":"3580944008113043","authorId":"3580944008113043","name":"GH_82","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3580944008113043","authorIdStr":"3580944008113043"},"htmlText":"Good to know","listText":"Good to know","text":"Good to know","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906864921","repostId":1191299417,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9906866249,"gmtCreate":1659517459084,"gmtModify":1705981195622,"author":{"id":"4098783902581330","authorId":"4098783902581330","name":"ZenInv","avatar":"https://community-static.tradeup.com/news/033bd47e3df1977aaef462f53997e9f1","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4098783902581330","authorIdStr":"4098783902581330"},"htmlText":"Luck is what many investors dismiss","listText":"Luck is what many investors dismiss","text":"Luck is what many investors dismiss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906866249","repostId":1191299417,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9906817338,"gmtCreate":1659514569026,"gmtModify":1705981168726,"author":{"id":"3578790486524477","authorId":"3578790486524477","name":"hphoa","avatar":"https://community-static.tradeup.com/news/28a11e936497493af7ee5ccdc32238a3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3578790486524477","authorIdStr":"3578790486524477"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906817338","repostId":1191299417,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9906818577,"gmtCreate":1659513987502,"gmtModify":1705981161369,"author":{"id":"3564917665277560","authorId":"3564917665277560","name":"Ktkw","avatar":"https://static.tigerbbs.com/c3b319f06c5f5672546acc9d6f02dec1","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3564917665277560","authorIdStr":"3564917665277560"},"htmlText":"Leggo","listText":"Leggo","text":"Leggo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906818577","repostId":1191299417,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9906835734,"gmtCreate":1659512591430,"gmtModify":1705981150150,"author":{"id":"4101955883486630","authorId":"4101955883486630","name":"Thalos","avatar":"https://community-static.tradeup.com/news/55ba87139db7cd8dd783879dbd6ed4c5","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"4101955883486630","authorIdStr":"4101955883486630"},"htmlText":"The anti fund is created to be contrarian. But whenanti fund is created meaning the bottom is formingover the main fund.&nbsp;","listText":"The anti fund is created to be contrarian. But whenanti fund is created meaning the bottom is formingover the main fund.&nbsp;","text":"The anti fund is created to be contrarian. But whenanti fund is created meaning the bottom is formingover the main fund.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906835734","repostId":1191299417,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9906833362,"gmtCreate":1659511279860,"gmtModify":1705981140837,"author":{"id":"3585385605908328","authorId":"3585385605908328","name":"Thomas9413","avatar":"https://static.tigerbbs.com/effcfaa82ddb11a4fa57136b2a6f8351","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":1,"crmLevelSwitch":0,"idStr":"3585385605908328","authorIdStr":"3585385605908328"},"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906833362","repostId":1191299417,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9906830747,"gmtCreate":1659510942991,"gmtModify":1705981138696,"author":{"id":"4090044065782350","authorId":"4090044065782350","name":"JamesfromSG","avatar":"https://static.tigerbbs.com/d251750cfb493127443c3b9990000f69","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4090044065782350","authorIdStr":"4090044065782350"},"htmlText":"👍🏼","listText":"👍🏼","text":"👍🏼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906830747","repostId":1191299417,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9906897903,"gmtCreate":1659510195205,"gmtModify":1705981135731,"author":{"id":"4092970777728640","authorId":"4092970777728640","name":"SCLIEW","avatar":"https://static.tigerbbs.com/5da553e4d3d35db75d1caae023ca8a03","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4092970777728640","authorIdStr":"4092970777728640"},"htmlText":"666","listText":"666","text":"666","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906897903","repostId":1191299417,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9906894711,"gmtCreate":1659510045135,"gmtModify":1705981135402,"author":{"id":"4090418835913750","authorId":"4090418835913750","name":"jayfalcon","avatar":"https://static.tigerbbs.com/505029b8d840d52745c57c2cbf910d5c","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"4090418835913750","authorIdStr":"4090418835913750"},"htmlText":"Like pls 🙏 thanks&nbsp;","listText":"Like pls 🙏 thanks&nbsp;","text":"Like pls 🙏 thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906894711","repostId":1191299417,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9906807847,"gmtCreate":1659507771392,"gmtModify":1705981119758,"author":{"id":"3569316529855154","authorId":"3569316529855154","name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3569316529855154","authorIdStr":"3569316529855154"},"htmlText":"Thank you","listText":"Thank you","text":"Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906807847","repostId":1191299417,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":99,"commentSize":13,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}