Ark Invest’s Brett Winton is on a winning streak, helping clinch the top two spots on Morningstar’s best performing ETFs last quarter. Now, he’s looking to continue this success with extensive exposure to Big Tech and aerospace.
Winton, the chief futurist at Ark Invest, plays a key role in setting the strategy for the No. 1 ranked Ark Innovation ETF (ARKK) and the runner-up Ark Space Exploration & Innovation ETF (ARKX). According to Winton, we are at the early stages of a massive technological transformation, and leaning into innovation is crucial for long-term success.
The Ark Innovation ETF saw impressive gains of 48% last quarter and has seen a 275% increase since its launch in October 2014. The fund focuses on cutting-edge advancements with practical implications for society. Winton highlighted Tesla’s successful launch of its robotaxi program in Austin, Texas as a prime example of innovation at work.
With Tesla as the top holding in the Ark Innovation ETF, followed by Coinbase, Roku, and Roblox, Winton is particularly bullish on infrastructure for artificial intelligence. He believes that investments in AI data centers will explode, leading to significant advancements in AI performance that will surpass what is currently available.
The Ark Space Exploration & Innovation ETF, the second best-performing ETF in the second quarter, gained 36% and has seen a 26% increase since its launch in March 2021. This space-themed fund holds top positions in companies like Kratos, Rocket Lab, Iridium Communications, AeroVironment, and Archer Aviation.
In addition to Big Tech and aerospace, Ark Invest is also focusing on fintech stocks. Winton emphasized the importance of developments like cryptocurrency and digital wallets in reshaping the financial landscape. The Ark Fintech Innovation ETF (ARKF) has seen a 45% increase so far this year, with top holdings in companies like Shopify, Robinhood, and Coinbase Global.
Overall, Winton believes that traditional financial institutions will need to adopt these technologies to remain competitive in the evolving financial landscape. With a focus on innovation and forward-thinking strategies, Ark Invest continues to pave the way for success in the ETF market.
