ARKK: Wood Is Selling A Rosy Outlook For 2026 And I'm Not Buying It

ARK Innovation ETF remains a 'Sell' as it underperforms the S&P 500, down over 6% YTD versus S&P's ~2%. ARKK's high turnover (43%) and concentrated bets in Tesla, gene editing, and crypto increase portfolio risk beyond typical ETFs. Despite Cathie Wood's bullish AI and crypto outlook, I see near-term macro risks, especially from Middle East tensions and inflation.