ARKK ETF: Record Gain, Outflows, and Declining Searches

ARKK ETF, led by Cathie Wood, achieved a record 31% gain in November 2023, surpassing the monthly returns during the 2020 pandemic. However, the ETF experienced net outflows, marking a departure from the significant inflows seen earlier. Despite the strong performance, searches for Cathie Wood declined, with the ETF on track for its first annual net outflow. Top holdings like Coinbase Global Inc. and Roku Inc. contributed to the record month. While impressive, the ETF is down 70% from its peak in February 2021.