5 Best Performing Growth ETFs in 2023

4. ARK Innovation ETF (NYSE:ARKK)

Year to date Daily Total Returns: 37.84%

The 37.84% year to date daily total returns of the ARK Innovation ETF (NYSE:ARKK) are a redemption for Cathie Wood and her investment firm. Ms. Wood had faced a bloodbath on the stock market earlier this year, as her big bets on high growth technology companies didn’t do well in a high rate, high inflation. But as is with some things, what goes down must go up and this is true for ARK Innovation ETF (NYSE:ARKK). The fund invests in firms that Ms. Wood believes have an innovation premium, and its top three investments are Tesla, Inc. (NASDAQ:TSLA), Roku, Inc. (NASDAQ:ROKU), and Zoom Video Communications, Inc. (NASDAQ:ZM).