Is This Cathie Wood ETF the Best Way to Invest in Fintech Right Now?
The Ark Fintech Innovation ETF is an actively managed ETF offered by Cathie Wood 's Ark Invest. Most ETFs are index funds, meaning that they track some underlying index of stocks. On the other hand, an actively managed ETF has portfolio managers choosing stocks and their weightings within the fund, with the goal of beating a benchmark index.