While the ARK Innovation ETF (ARKK), has jumped 42% this year — more than twice as much as the Nasdaq 100 — the fund is still down more than 70% from its peak two years ago.
The BNY Mellon Innovators ETF will invest in innovation-driven companies, which are considered to be “leading-edge” firms thanks to their intellectual property, ground-breaking as well as advanced products and services that can be disruptive to...