New wave tech stocks like Zoom and Tesla have earned investors huge profits already this year, but when it comes to the world’s top actively managed Exchange Traded Funds (ETFs) — a diverse and balanced portfolio of internet stocks has proven the most profitable strategy. In the race to be crowned 2020’s most-profitable ETF, there’s one actively managed fund slaying the competition: ARK Invest’s Next Generation Internet (ARKW), up almost 40% year-to-date. [Read: Zoom is up 250% this year: it’s now worth more than AMD and General Electric] For scale, the wider tech sector (as represented by the NASDAQ 100 (NDX)) has risen by…
This story continues at The Next Web
