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Cathie Wood’s ARK ETF Logs Best Month Ever in January

Cathie Wood’s flagship ETF – the ARK Innovation Fund – performed better in January than in any other month since it launched in 2014. 

In January, ARK registered a total gain of about 28%, with a 3.7% gain on Tuesday alone. Starting the month at roughly $30, it trades for $39.72 at writing time. 

The gains are a reassuring sign after the tech-focused fund, which fell 21% in 2021 and a whopping 69% in 2022 amid tightening macroeconomic conditions that ravaged stocks and crypto alike. 

Cathie Wood
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