2 Amazing Ark Invest ETFs for AI Boom (Part-1).

Ark Investment Management runs 14 disruptive innovation ETFs. Other than its broad-based flagship ETF, each invests in high-growth technological sectors like electric vehicles, robotics, cryptocurrency, and AI.  

Ark Invest is managed by Cathie Wood, one of Wall Street's most optimistic technology industry forecasters. Under her guidance, Ark Invest predicted AI could add $200 trillion to the global economy by 2030.  

Investing in the Ark Innovation ETF (NYSEMKT: ARKK) or Ark Autonomous Technology and Robotics ETF (NYSEMKT: ARKQ) may be a good long-term decision because they hold stocks that match that forecast.  

1. Ark Innovation ETF (ARKK) The flagship Ark ETF manages around $8.2 billion for investors. Besides AI stocks, it invests in biotechnology, automation, sustainable energy, and financial technology companies.  

Ark Innovation ETF holds 38 equities in those sectors. Passive investors benefit from Wood and her experts actively managing the fund and adjusting the portfolio.  

Tesla fit into several categories. It's one of the world's leading electric vehicle sales companies, but Wood deems its entire self-driving software the biggest AI prospect. Tesla is also researching robotics for its production processes and Optimus humanoid robot.  

Coinbase, one of the world's major cryptocurrency exchanges, has seen its shares rise 267% in the past year as Bitcoin has recovered. UiPath, which provides robotic automation software, is another AI stock Wood likes. In addition to its top five AI equities, the Ark Innovation ETF holds Palantir Technologies and Meta Platforms.  

Although safer than stocks, ETFs are not risk-free. The Ark Innovation ETF is down 69% from its early 2021 high, which was followed by a tech meltdown in 2022. Indeed, it's below 2020's start. Since its 2014 launch, it has provided a compound annual return of 11.7%, comparable to the 11.8% annualized gains of the S&P 500 index.  

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