>The violent stock selloff on Thursday means every single bet in Cathie Wood’s flagship strategy has lost money this year, with the sole exception of a money-market cash holding.
Exposure to Mellon’s [Dreyfus Government Cash Management Fund]( https://www.bloomberg.com/quote/DGCXX:US) has contributed 0.03% to the ARK Innovation ETF (ticker [ARKK]( https://www.bloomberg.com/quote/ARKK:US)) while all its stocks were in the red for the year as of the Thursday close, according to data compiled by Bloomberg.
The famous ETF is now down more than 50% in 2022 thanks to the rate-spurred rout in speculative growth equities, taking its drop from the peak last year to 71%.
Only a fraction of the $9.4 billion ARKK is in the Dreyfus fund -- about $4 million, according to Bloomberg data. Still, Wood’s fans appear to be sticking with her.
\- Bloomberg
A little bit of uplifting news for everyone; a good chunk of us mouth breathing, short bus riding, gambling addicted degenerates are probably outperforming a $9.4 billion fund. Congrats!
PS: Cathie, if you're out there go ahead and post that loss porn, or feet pics already
