Is Ivana Delevska The New Cathie Wood? SPRX Performance Leaves ARKK In The Dust
Portfolio Pulse from Johnny Rice
Ivana Delevska, founder of Spear Invest, is being compared to Cathie Wood due to her fund, Spear Alpha ETF (SPRX), outperforming ARK Innovation ETF (ARKK). While ARKK has seen significant outflows and flat performance in 2024, SPRX has surged 15% in the same period. Delevska's investment strategy, focusing on value and 'boots on the ground' research, contrasts with Wood's thematic approach. Delevska's success, especially in tech sectors like cybersecurity and semiconductors, has drawn attention and increased SPRX's AUM significantly.
March 08, 2024 | 4:23 pm
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NEGATIVE IMPACT
ARK Innovation ETF has experienced significant outflows and a flat performance in 2024, underperforming in a booming market.
ARKK's underperformance and asset outflows in a booming market indicate a negative short-term impact on its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
iShares US Technology ETF (IYW) has risen over 13% in 2024, benefiting from a hyper-bullish tech sector.
IYW's significant gain in 2024, driven by a strong tech sector, suggests a positive short-term impact on its stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 70
POSITIVE IMPACT
Nvidia (NVDA) has seen a dramatic increase of over 520% since January 2023, after being doubled down by Delevska.
NVDA's substantial rise, supported by Delevska's investment, indicates a strong positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 80
POSITIVE IMPACT
Spear Alpha ETF (SPRX), led by Ivana Delevska, has outperformed ARKK with a 15% increase in 2024, attracting significant AUM growth.
SPRX's impressive performance and AUM growth in 2024 suggest a positive short-term impact on its stock price, driven by Delevska's successful investment strategy.
CONFIDENCE 95
IMPORTANCE 95
RELEVANCE 95