Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-08-02T16:33:00+00:00
Cathie Wood, head of Ark Investment Management, likes to lock in gains when her tech darlings rally. That's exactly what she's doing with Snowflake, trimming her position after the cloud software stock surged nearly 10% over the past five trading days ahead of earnings. In 2025, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500's return of 17.88% in the same period. But so far this year, Wood's flagshipArk Innovation ETF(ARKK) is down8.51%as of July 31, while the S&P 500 surged9.41%,Yahoo Finance datashows. Wood gained a reputation after the Ark Innovation ETF delivered a 153% return in 2020. But her style also brings painful losses in bearish markets, as seen in 2022, when the Ark Innovation ETF tumbled more than 60%. Those swings have weighed on Wood's long-term ga
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