Cathie Wood is among the growth fund managers who continue to garner plenty of attention among investors large and small in the markets. That's partly because during the 2021 bull market rally driven by euphoria around the levels of growth we saw coming out of the pandemic, Wood's actively managed ETFs outperformed the market by a vast margin.
Since then, her performance across her flagship funds, which include the ARK Innovation ETF (ARKK) and ARK Space Exploration & Innovation ETF (ARKX), has come back down to earth. Some of this may have to do with her daily rebalancing strategy, which often results in some selling of winners to fund losing bets within her portfolios. However, Wood has remained steadfast in certain names, such as Tesla (TSLA), for many years, and she's not one to back down from an underlying thesis.
