Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Show HN: I built a comprehensive Ark ETF tracker

cathiesark.com

Post reply on HN
Print view View original

51–60 of 90 posts

Re: Show HN: I built a comprehensive Ark ETF tracker

#51

Post by mrgordon »

webinvest wrote: post #38
kevindeasis wrote: post #36

Do you feel like Ark will be able to perform as well as they had in the past in the upcoming years? Like how does Ark do it? How are they able to perform way better than other investors? Isn't there a mental model that sooner or later they wouldn't be able to have returns higher than market returns Disclaimer: I do hold ARK shares and options

I don’t know. Early Jan could be sketchy as people sell their best performers to defer taxes on their high gainers. I would be surprised if ARK didn’t outperform the market average over any 3 year period. But I also worry about Cathie and her team’s continuing motivation after Resolute and Kelso & Company took control of Ark Invest. I wouldn’t be surprised if Cathie and her team issued a new set of replacement ticker…

I agree I think she will start a new company to regain control of her own work.

Re: Show HN: I built a comprehensive Ark ETF tracker

#52

Post by sooheon »

kevindeasis wrote: post #36

Do you feel like Ark will be able to perform as well as they had in the past in the upcoming years? Like how does Ark do it? How are they able to perform way better than other investors? Isn't there a mental model that sooner or later they wouldn't be able to have returns higher than market returns Disclaimer: I do hold ARK shares and options

> Isn't there a mental model that sooner or later they wouldn't be able to have returns higher than market returns

Reversion to the mean.

Also survivorship bias: at any given point there is a hotshot fund that outperforms the market, but fast forward five years and it's probably a different fund that did well, and the hotshot fund is underperforming the market, but nobody talks about them anymore.

All that matters is that there is a new golden child to fill financial news bandwith and get people shuffling their money around so the croupier gets paid.

Of course there are outliers like Rentech, but Cathie Wood is not Jim Simons.

Re: Show HN: I built a comprehensive Ark ETF tracker

#53

Post by isthispermanent »

elt193 wrote: post #50

Thank you for this! I’m curious if there are products (or interest in products) where people can mirror portfolio of these etf/famous investors at a much smaller expense ratio. This can be done with a combination of data aggregation + alpaca api.

I think there is a site in the UK called eToro where you can do this. I'm not sure if that's what they do, but it's something along those lines.

Either way, it's a good idea. You might run into regulatory issues but I'm sure it would find a market

Re: Show HN: I built a comprehensive Ark ETF tracker

#54

Post by sooheon »

nwsm wrote: post #19

Never heard of Ark. I checked out their site but can anyone give me some context on why they're notable?

They are notable for being good (or lucky) stock pickers bullish on trendy futuristic tech.

They also have mounted an unprecedented marketing campaign that breaks away from typical Wall st old boy's club or stodgy retirement advisor style to masquerade as a tech company. Just compare: https://www.berkshirehathaway.com, https://www.youtube.com/c/Arkinvest2015/videos

Re: Show HN: I built a comprehensive Ark ETF tracker

#55

Post by erhk »

webinvest wrote: post #40
ketamine__ wrote: post #34

Earlier quoted context omitted.

Tesla is 9% of their portfolio. Tesla has a P/E of over 1000. It seems incredibly risky to hold Tesla now.

Tesla is expected to 4x it’s revenue in 2 years. So in 2 years that could be a much lower PE. Maybe try a PEG ratio or discounted future cash flows

Do you expect $TSLA to stagnate for the next two years then?

Re: Show HN: I built a comprehensive Ark ETF tracker

#56

Post by BOOSTERHIDROGEN »

webinvest wrote: post #44
BOOSTERHIDROGEN wrote: post #28

thank you, what your view for ARK as first investment ?

What difference does it make being your first, second, hundredth, or thousandth investment? It depends on what your goals are and how you rank those goals. You’ll probably make more money with ARK funds but you won’t learn as much about picking stocks. Instead you’ll learn about picking ETFs. You’re pretty likely to wake in 10 years in a world you’re happy to live in with ARK funds. Even though that’s not the primary…

better return than S&P500, but right now its seems so overvalued.

Re: Show HN: I built a comprehensive Ark ETF tracker

#57

Post by xwdv »

mhuffman wrote: post #32
isthispermanent wrote: post #24

Earlier quoted context omitted.

Ark creates ETFs that focus entirely on publicly-traded future tech companies. They operate in four segments: Genomics, Robotics, Internet, and FinTech. You will find very few, if any, companies in the Ark ETFs that would be considered "safe" picks for most investors. This is a testament to the nature of choosing companies working on the forefront of technological breakthroughs. My summary spin on what they're doing…

> You will find very few, if any, companies in the Ark ETFs that would be considered "safe" picks for most investors. That is an understatement! This table looks like a wallstreetbets word cloud!

Seriously? People aren’t investing in companies like Tesla, Square, Twilio, Paypal? That’s being unreasonably conservative.

Re: Show HN: I built a comprehensive Ark ETF tracker

#58

Post by elliekelly »

xwdv wrote: post #57
mhuffman wrote: post #32

Earlier quoted context omitted.

> You will find very few, if any, companies in the Ark ETFs that would be considered "safe" picks for most investors. That is an understatement! This table looks like a wallstreetbets word cloud!

Seriously? People aren’t investing in companies like Tesla, Square, Twilio, Paypal? That’s being unreasonably conservative.

Tesla at nearly 10% is unreasonable for an ETF. I hope it’s so overweight because of appreciation rather than active buying.

Re: Show HN: I built a comprehensive Ark ETF tracker

#59

Post by anonu »

BrunoJo wrote: post #3

Looking at the 13F filings is also a great way to track what Ark and other investors (like Buffett) are investing in: https://cheaperthanguru.com/portfolio/cathie-wood

Not really. 13F filings are quarterly with a 45 day delay. ETF holdings are published daily with no delay on the Issuers website.

Re: Show HN: I built a comprehensive Ark ETF tracker

#60

Post by anonu »

Cool site and visuals.

Do the trades reflect re-weights? Or do they reflect money flows (creations and redemptions) into the fund?

Also for the performance heatmap it would be cool to normalize performance to the return of the S&P or of the ETF itself over that same time frame.

Post reply on HN