Cathie Wood's ARKK Is Beating Big Tech Like It's 2020 Again — But With A Twist

Five years after the explosive rally that turned Cathie Wood's ARK Innovation ETF (CBOE: ARKK) into a retail phenomenon, ARKK is once again outshining Big Tech, but the dynamics fueling this rally feel more grounded than the zero-rate, stimulus-fueled mania of 2020.

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Between March 2020 and February 2021, ARKK exploded by 360%, turbocharged by ultraloose monetary policy and speculative appetite. During the same stretch, the Invesco QQQ Trust (NASDAQ:QQQ) rose by 100%, a strong performance, yet a distant second to the rocket ride of ARKK.

Fast forward to summer 2025: ARKK has outperformed the Nasdaq 100 by 30% over the last five months, marking its strongest relative streak since January 2021.

But this time, it isn't about dreams of profits five years away, it’s about technology platforms that are delivering results right now.

Why Is ARKK Rallying Again?

Unlike the previous ...