저자: CathieWood · 외국인
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한 줄 결론: 캐시 우드의 ARK 7개 ETF 포트폴리오는 최근 5년 S&P500을 크게 앞섰지만, 장기적으로 펀드 매니저 96%가 시장을 이기지 못한다는 점에서 지속성은 불확실하다. [운용사 소개] ARK Invest는 파괴적 혁신(disruptive innovation)에만 집중하는 글로벌 투자사로 소개된다. 5대 혁신 플랫폼으로 DNA 시퀀싱, 로보틱스, 에너지 저장(배터리), 인공지능, 블록체인이 제시됨. 리서치는 하향식(기술의 S커브, 라이트의 법칙으로 비용 동학 파악)으로 시작해 기업별 상향식 분석으로 이어진다. 기업마다 5년 기준 밸류에이션 목표가를 설정하고 질적 점수를 매긴다고 설명. 리서치를 트위터·팟캐스트·주간 뉴스레터로 공개해 피드백을 받는다고 함. [포트폴리오 구성(운용자산 약 160억 달러)] ARKK(Innovation) 약 57%, 대표 상품. ARKW(Next Generation Internet) 약 15%. ARKG(Genomic Revolution) 약 15%? → 영상 기준 각 15%, 4%로 언급되며 합계 약 100% 구성. ARKF(Fintech Innovation) 약 4%, ARKQ(Autonomous Tech & Robotics) 약 4%, PRNT(3D 프린팅) 약 3%, IZRL(이스라엘 혁신기술) 약 2%. 운용 보수는 0.75%로 언급되며 연간 수수료 수익은 1억 달러 이상으로 추정. [성과 비교 (S&P500 5년 연환산 약 14%)] ARKK 5년 약 84%(연 기준 언급), ARKQ 연 약 50%, ARKW 연 약 20%, ARKG 연 약 56%, ARKF 1년 약 2배. PRNT는 4년간 연 약 5%로 다른 섹터와 달리 부진. IZRL은 1년 약 30%. 상당 부분의 수익이 최근 1년에 집중됨을 지적. [리스크·조건] 과거 수익은 최근 1년 집중, 장기 지속성 검증 필요. 국가별 투자 가능 ETF가 다르다(미국·캐나다·일본·유럽/싱가포르·호주·뉴질랜드). [출연자 전망] 캐시 우드가 장기적으로 S&P500을 이길 수 있을지에 대해 영상은 결론을 내리지 않고 시청자 의견을 요청함. 96% 펀드매니저 언급은 회의적 맥락.
다듬은 글
investors can mainly be split into two groups passive investors and active investors passive investors will just buy index funds and be happy to make market returns active investors on the other hand will try to pick specific investments and try to beat the market now statistics show that 96 of all fund managers do not beat the market over the long term however think about it that means that four percent of fund managers do beat the market let me introduce you to kathy wood kathy is a professional fund manager and the founder of ark invest kathy is on fire at the moment because she is crushing the returns of the s p 500.
her company arc invest specializes in disruptive innovation and she has created seven different etfs that investors can invest in and they are basically in all the cool and sexy sectors there is autonomous technology and robotics space exploration 3d printing the blockchain fintech and the genomic revolution so in this video i'm going to be revealing her full seven etf portfolio i'll also show you exactly how much money she's making and then we'll finish with the performance of these etfs against the s p 500 and the results just might surprise you as always if you find anything in this video useful be sure to click that like button that would be much appreciated and every like does help okay sit back and relax guys here is the full portfolio of kathy wood of ark invest so here is what we've got coming up we're first going to look about the company so i'll show you a quick video so you get to meet kathy wood and also take a look at ark invest from the inside we'll then take a look at kathy woods disruptive innovations 7 etf portfolio and then we'll finish and see the performance how they have all done against the s p 500 we're all about finding the next big thing those hewing to the benchmarks which are backward looking are not about the future they are about what has worked we're all about what is going to work so here's a little bit about the company arc is a global investment firm and we are focused only on disruptive innovation that's our sole focus we believe that investors are missing out on some amazing opportunities out there just because of how the traditional financial world was set up it's very siloed specialized in a world where technology is permeating every sector and innovation platforms are converging dna sequencing robotics energy storage artificial intelligence blockchain technology these are the five major innovation platforms today that are evolving at the same time we have never seen this amount of innovation evolving at the same time in history mark is not your traditional investment most firms are managed around sectors by market cap or pre-existing industries we're really focused on figuring out where the world's headed and the key technology platforms obviously we're trying to deal with much larger narratives we're trying to figure out what is the world of transportation going to look like five to ten years from now how much energy is going to be generated and stored using the solar or lithium ion battery cells how much of software is going to ship over to artificial intelligence over the next 10 years we're trying to figure out the macro trends of technology over the next five to 10 years and that's much more exciting than maybe working out the minutiae of the next quarter in our research process i usually start with the top down i will see where the technology is that we're looking at along the s-curve we'll also use wright's law to determine the cost dynamics that we see in the particular market that we're trying to size in that process usually names come to us and then we'll do the bottom-up fundamental work from there we'll assign five-year valuation targets to all of our companies and we'll also qualitatively score all the companies that we look at it's really all about collaboration and transparency the office itself is actually an open office that helps foster collaboration with the analysts also between teams a lot of the names that we look at are working on more than one technology platform at once so that collaboration is really important in terms of transparency we publish all of our research online we use social media outlets like twitter we started a podcast we also have a weekly newsletter we're really just looking to put our ideas out there and actually get feedback on our work because we think that helps ultimately further the research and get to the truth traditional investment firms are having trouble we believe understanding the magnitude of the innovations that are taking place today investment firms that are not set up appropriately to analyze and research and invest in disruptive innovation are going to be depriving investors of some of the biggest opportunities of our lifetime so here it is guys the kathy woods 7etf portfolio now the first five etfs are actively managed and the final two are passively managed and we're working in billions of dollars so this is the assets under management okay so as you can see the biggest chunk is the flagship etf which is the arc innovation etf ticker symbol arc k and this actually makes up 57 of all the assets under management next is the arc next generation internet etf ticker arc w making up 15 another 15 in the arc genomic revolution arc g four percent in the arc fintech innovation arc f four percent in the arc autonomous technology and robotics arc q three percent in the 3d printing etf prnt and the final two percent in israeli innovative technology etf i-z-r-l so add all these together and she is looking after approximately at the time of recording 16 billion of assets under management now most of these etfs she's charging a fee of 0.75 so that would mean she's raking him a revenue in fees of over a hundred million dollars so pretty good going arc innovation etfs are for investors who are passionate about the future believing that innovation is the key to growth and let's take a look at the performance against the s p 500 so this is s p 500 performance for the last five years and this is 500 of the largest u.s stocks which is the u.s market as a whole so the five-year annualized performance is 14 per year now the return of the s p since inception is closer to about ten percent so at fourteen percent the last five years has been really really strong so this is the benchmark first up the arc innovation flagship etf and its five-year performance is a whopping 84 and this is why kathy wood is now starting to get lots of publicity because her flagship product is crushing the s p 500 next up the arc autonomous technology and robotics five-year performance of nearly 50 percent a year again excellent performance but you'll also notice that most of the gains is coming in this last year similar with the flagship next arc next generation internet a five-year performance of i say only almost 20 per year that is still double the average of the s p arc genomic revolution a five-year performance of 56 per year again crushing the s p but again most of it's come in the last year the arc fintech innovation this one's relatively new so we only have one year's worth of data however in one year it's almost doubled then to the passively managed etfs the 3d printing etf so this we've got four years worth of data and it's only returned about five percent a year now this one's really interesting because it's the only one that hasn't followed the trend of all the other sectors which is very strange and finally the israel innovative technology etf so we only have one year on this one and it's up 30 for the year again a very strong performance now if you wanted to invest in these etfs it's going to be different depending on your country so in this chart it shows the different etfs and it's color coordinated so the green ticks are the one that are available in the us the purple ticks are the one available in canada the red ticks are the ones available in japan and the yellow ticks are the ones available in europe singapore australia and new zealand investment firms that are not set up appropriately to analyze and research and invest in disruptive innovation are going to be depriving investors of some of the biggest opportunities of our lifetimes okay there you are guys that was the portfolio of one of the top performing investment managers right now kathy wood her five-year performance so far is excellent however the question is can she beat the s p 500 over the long term 96 percent of fund managers do not so is kathy wood a unicorn let me know what you think in the comments below okay just one favor to ask if you did find anything in this video useful be sure to click that like button that would be much appreciated and every like does help if you haven't yet subscribed be sure to click the subscribe button below and join us i do have some great videos coming up that you don't want to miss okay thanks for watching guys and i'll see you in the next video bye for now you
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