5 Top Stocks Cathie Wood Bought This Week Source: rhendrikdwenz via Shutterstock So far, 2022 has been a rocky year for Cathie Wood’s exchange-traded funds (ETFs). Her flagship fund, the ARK Innovation ETF (NYSEARCA: ARKK ) is down more than 50% year-to-date (YTD). Meanwhile, other Cathie Wood funds are posting similar returns. There may be light on the horizon, however. On June 27, ARKK received eight straight days of inflows totaling $639 million . In addition, the ETF manager remains highly convicted in her top positions , including Tesla (NASDAQ: TSLA ) and CRISPR Therapeutics (NASDAQ: CRSP ). Wood’s poor returns are partially due to the Federal Reserve lifting interest rates. Still, the investor believes that “deflationary forces” may cause the Fed to reverse on its plan to raise rates even higher. She notes that the dollar index has moved up by double digits this year, characterizing it as a “total anti-inflationary force.” Wood also says oil has declined by over 20% month-over-month and expects gold to “move below a two-year trading range.” This week was busy for Ark ETFs, which made several interesting purchases.