On International Women’s Day, the world of finance celebrates the remarkable Ivana Delevska, whose financial acumen and impressive returns have sparked comparisons to the legendary Cathie Wood. While Wood’s star has dimmed in recent years with lackluster performances, Delevska shines bright, positioning herself as a potential queen of the financial realm.
ARKK Struggles Amid Tech Boom
ARK Innovation ETF , Wood’s flagship fund, is bleeding assets as it struggles to keep pace in a booming tech market. While the S&P 500 surges, ARKK remains stagnant, leading to a mass exodus of investors. Over the last two months, ARKK has shed over 11% of its value – nearly $1 billion.
Ivana Delevska’s Meteoric Rise
Delevska, the brains behind Spear Invest, has emerged as a formidable force in the financial world. Her Spear Alpha ETF (SPRX) has outperformed ARKK by a landslide since its inception in August 2021. While Wood’s fund plummeted nearly 59.03%, SPRX soared by 22.30% during the same period, leaving investors in awe of Delevska’s prowess.
Philosophical Contrasts
Delevska’s approach differs significantly from Wood’s, as evidenced by their contrasting strategies with stocks like Nvidia. SPRX, more concentrated and actively managed, remains thematically adaptable, allowing Delevska to capitalize on diverse growth opportunities in sectors like cybersecurity, semiconductors, and hardware.
Unlike Wood, Delevska prioritizes value over thematic consistency, emphasizing the importance of prudent pricing in investment decisions. Her commitment to meticulous, on-the-ground research sets her apart, enabling her to navigate market intricacies with unparalleled precision.
Rapid Growth and Unwavering Focus
Delevska’s success has not gone unnoticed, as SPRX gains momentum, attracting nearly $60 million in new investments over the past three months. As her fund expands, Delevska remains steadfast in her hands-on approach, dedicated to managing the portfolio and engaging in thorough research to drive continued success.
With Ivana Delevska on the rise, the financial world eagerly anticipates the unfolding saga of her ascent, wondering if she will indeed claim the throne once held by the illustrious Cathie Wood.
Image created with photos from Shutterstock and Spear Invest.