Key stats
About Tradr 1X Short Innovation Daily ETF
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Inception date
Nov 5, 2021
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AXS Investments LLC
Distributor
ALPS Distributors, Inc.
SARK provides daily 2x inverse exposure to ARKK, an ETF composed of 30-55 companies globally involved with, or that benefit from, disruptive innovation. The fund’s strategy involves entering into swap agreements with global financial institutions, exchanging returns based on the performance of ARKK shares. To achieve maximum results, the fund may also invest in investment grade debt securities as collateral required by the fund’s counterparties. As a leveraged inverse product with -2x factor that resets daily, SARK is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one-day period. Prior to August 5, 2022, the fund traded as Tuttle Capital Short Innovation ETF. On May 15, 2024, the fund changed its name from AXS Short Innovation Daily ETF to Tradr Short Innovation Daily ETF. The fund changed its name again on July 15, 2024, to Tradr 2X Short Innovation Daily ETF, reflecting an increase to 2x inverse leverage exposure.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash90.08%
Miscellaneous9.92%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SARK last dividends amounted to 6.52 USD. The year before, the issuer paid 9.79 USD in dividends, which shows a 50.31% decrease.
SARK assets under management is 46.84 M USD. It's risen 1.84% over the last month.
SARK fund flows account for −57.73 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SARK pays dividends to its holders with the dividend yield of 14.44%. The last dividend (Dec 27, 2024) amounted to 6.52 USD. The dividends are paid annually.
SARK shares are issued by SR Partners LLC under the brand Tradr. The ETF was launched on Nov 5, 2021, and its management style is Active.
SARK expense ratio is 0.94% meaning you'd have to pay 0.94% of your investment to help manage the fund.
SARK follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SARK invests in cash.
SARK price has fallen by −12.89% over the last month, and its yearly performance shows a −51.61% decrease. See more dynamics on SARK price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −10.94% over the last month, showed a 9.79% increase in three-month performance and has decreased by −42.99% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −10.94% over the last month, showed a 9.79% increase in three-month performance and has decreased by −42.99% in a year.
SARK trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.