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Morningstar has downgraded Cathie Wood's ARK ETF. Here's Why
ETFs
Morningstar has downgraded Cathie Wood's ARK ETF. Here's Why
Since its meteoric rise in 2020, the disruptive innovation ETF has been one of the worst-performing US funds as aggressive-growth stocks held fell...
"Ill-prepared for major twist": Morningstar's verdict on ARK Innovation ETF
Funds
"Ill-prepared for major twist": Morningstar's verdict on ARK Innovation ETF
Personnel issues and lax risk controls loom large, writes Morningstar analyst Robby Greengold.