A small innovation ETF inspired by Cathie Wood is returning 10 times Ark Invest's flagship fund this year

Drew Angerer/Getty ImagesThe Direxion Moonshot Innovators ETF (MOON) has returned 39% year-to-date, beating Cathie Wood's flagship fund, the Ark Innovation ETF (ARKK), by roughly 10-fold.ARKK has gained 3.5% over the same period.The Direxion fund is much smaller than Ark, and is more heavily concentrated in biotechnology stocks.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.A small ETF that aims to give investors exposure to the most innovative companies in the US has o