Skip to content
Subscriber Only
Markets
Odd Lots

Investors Still Haven’t Given Up on Cathie Wood’s ARKK

It’s been a rough year for returns but the flows are still there. 

Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC.

Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC.

Photographer: Bloomberg/Bloomberg

The market got killed again today, and of course it’s all the usual suspects.

The Nasdaq fell over 4%. The Invesco QQQ Trust Series — better known as QQQ — fell by almost 4.4%. You know the drill.

Obviously there’s a lot of gawking at the selloff in the ARK family of funds, which have rapidly lost their outperformance relative to the major indexes.