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Benzinga
Benzinga
Business
Henry Khederian

This Popular ETF Has A Better 5-Year Return Than Wells Fargo, Starbucks, AT&T, Snap, American Airlines, Alibaba And Coca-Cola

The ARK Innovation ETF (NASDAQ:ARKK) managed by Cathie Wood consists of companies that change the way the world works, and over five years has produced exceptional returns.

Since June 2017, ARK Innovation ETF’s 5-year return has outperformed several of the world’s most popular financial services, social media and consumer discretionary stocks: Wells Fargo & Co (NYSE:WFC), Starbucks Corporation (NASDAQ:SBUX), AT&T Inc. (NYSE:T), Snap Inc (NYSE:SNAP), American Airlines Group Inc (NASDAQ:AAL), Alibaba Group Holding Ltd - ADR (NYSE:BABA) and Coca-Cola Co (NYSE:KO).  

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