Cathie Wood’s ARKK and Other Thematic ETFs Take Big Swings. Most Miss. - Barron's

1. Thematic ETFs lost an average of 7% annually over three years. 2. Zoom Communications (ZM) spurred significant interest in ARKK during 2020. 3. ARKK suffered a 67% decline in 2022, impacting ZM investor sentiment. 4. Investing in thematic ETFs is risky with late-in-the-game investments. 5. Investors tend to enter funds after performance peaks, impacting future returns.