Tired Of The ARK ETFs? Here's An Alternative Next Gen Tech ETF To Consider LOUP offers lower risk, better risk-adjusted returns and exposure to all of the same high tech themes. Author: 2021 has been a tough year for the ARK ETFs. Once the darling of Wall Street following years of stellar performance across many of its funds, sentiment has turned sharply negative as the company's biggest ETFs, including the ARK Innovation ETF (ARKK) and the ARK Next Generation Internet ETF (ARKW), have corrected 30%. Last year, ARK was drawing more money than it knew what to do with. This year, investors are pulling it right back out. ARK has seen more than $2.5 billion in outflows over the past month.