Will ARKK, a speculative innovation ETF, outperform S&P500 over the next year?

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Ṁ100Ṁ341

resolved Nov 25

Resolved

NO

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Betting on whether ARKK, a speculative innovation ETF focused on Robotics, Genomics, Next Generation Internet, FinTech, and AI, will Outperform the S&P500 from 4/1/2022 - 4/1/2023

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S&P500: Adj close 4545.86 (2022-04-01) to 4109.31 (2023-03-31, 4/1 was not a trading day). Finished at .904x starting price.

ARRK: 66.98 to 40.01. Finished at .597x starting price.

Resolves No.

S&P has some major structural challenges in a weak economy. ARKK’s constituents already so far down their earnings and revenue growth should support them over the next few quarters even without multiple expansion.

Only a fool would put together such a bet! Just kidding. Hope you're doing well Jim.

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