Share: Wood Versus Wood Joe Wiesenthal presented the chart above comparing the performance over the last year of the iShares Global Timber & Forestry ETF (NASDAQ: WOOD) to Cathie Wood's flagship Ark Innovation ETF (NYSE: ARKK). Here's an easier-to-read version of that chart. As you can see, the lines are close to intersecting, as WOOD continues its steady march higher, while ARKK continues to roll over from its high earlier this year. Where Both ETFs Go From Here We thought it might be interesting to scan for optimal hedges on both ETFs, not just to see how much it would cost to hedge them, but to see what we could infer about their respective prospects over the rest of the year. We used our hedging app to do so in the video below.