The Ark Innovation ETF continues to way underperform
The Ark Innovation ETF (ARKK) when compared to the SPDR Sector ETFs, on a relative strength basis, over a 200 day moving average, where the S&P 500 SPDR ETF (SPY) is the benchmark, continues to drastically underperform. Here are the numbers:
Sym | ETF | % Diff |
XLK | SPDRs Select Sector Technology ETF | 5.8 |
XLY | SPDRs Select Sector Cons. Discr. ETF | 4.5 |
XLRE | Real Estate Select Sector SPDR Fund | 3 |
SPY | SPDRs S&P 500 Trust Series ETF | 0 |
XLE | SPDRs Select Sector Energy ETF | -0.4 |
XLV | SPDRs Select Sector Health Care ETF | -0.8 |
XLP | SPDRs Select Sector Cons Staples ETF | -1.2 |
XLU | SPDRs Select Sector Utilities ETF | -2.5 |
XLB | SPDRs Select Sector Materials ETF | -2.8 |
XLF | SPDRs Select Sector Financial ETF | -3.9 |
XLI | SPDRs Select Sector Industrial ETF | -6.6 |
XLC | Comm. Serv. Sector SPDR Fund | -9.9 |
ARKK | ARK Innovation ETF | -23.2 |
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