Tradr 1X Short Innovation Daily ETF (SARK)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
25.25 USD
+0.83
(3.399%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 25.02 -0.23 (-0.230%) ⇩ (Aug. 28, 2026, 7:57 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:12 a.m. EDT
This instrument is a leveraged inverse ETF designed for daily trading, making it fundamentally unsuited for long-term holding due to compounding decay. The data confirms a catastrophic multi-year decline of over 80%, with three consecutive years of negative returns, indicating a structural deterioration in the underlying innovation sector or the fund's mechanics. While the recent price action shows a slight bounce off the lows, the momentum remains deeply bearish, trading well below its moving averages. The options market reinforces this view, with heavy put buying suggesting investors are hedging against further drops rather than betting on a recovery. The reported dividend yield is misleading; the massive payouts in prior years were likely NAV distributions resulting from the fund's collapse, not sustainable income. For a long-term investor, this is a clear avoid. Short-term traders might see a speculative bounce, but the odds favor continued weakness. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.047267 |
| AutoETS | 0.048869 |
| AutoARIMA | 0.048870 |
| AutoTheta | 0.081039 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 47% |
| H-stat | 2.28 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.332 |
| Excess Kurtosis | -1.01 |
As of Aug. 22, 2026, 3:12 a.m. EDT: Speculators are overwhelmingly positioning for further declines. Call volume and open interest are negligible compared to put activity, which shows significant concentration at strikes below the current price (e.g., $26.00 and $25.00). Implied volatility is elevated for downside protection, while upside speculation is virtually absent.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 2.95% | 2.95% | 10.87% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-23 | 0.852 | 2.950649 |
| 2024-12-23 | 6.515 | 16.752379 |
| 2023-12-26 | 9.792 | 12.901186 |
| 2022-12-27 | 41.244 | 23.972101 |
| Attribute | Value |
|---|---|
| All Time High | 243.63 |
| All Time Low | 24.285 |
| Ask | 33.72 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 137,130 |
| Average Daily Volume3 Month | 184,698 |
| Average Volume | 184,698 |
| Average Volume10Days | 137,130 |
| Beta3 Year | -2.74 |
| Bid | 22.34 |
| Bid Size | 2 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 25.29 |
| Day Low | 24.52 |
| Dividend Yield | 2.81 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 27.41824 |
| Fifty Day Average Change | -2.1682396 |
| Fifty Day Average Change Percent | -0.07908019 |
| Fifty Two Week Change Percent | -24.4012 |
| Fifty Two Week High | 35.67 |
| Fifty Two Week High Change | -10.419998 |
| Fifty Two Week High Change Percent | -0.2921222 |
| Fifty Two Week Low | 24.285 |
| Fifty Two Week Low Change | 0.96500015 |
| Fifty Two Week Low Change Percent | 0.03973647 |
| Fifty Two Week Range | 24.285 - 35.67 |
| First Trade Date Milliseconds | 1,636,468,200,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.83 |
| Fullday Change Percent | 3.39885 |
| Fullday Price | 25.02 |
| Fund Family | AXS |
| Fund Inception Date | 1,636,070,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,021-11-09 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF that attempts to achieve the inverse (-100%) of the return of the ARK Innovation ETF for a single trading day (and not for any other period) by entering into one or more swaps on the ARK Innovation ETF. A “single trading day” is measured from the time the fund calculates its NAV to the time of the fund’s next NAV calculation. It is non-diversified. |
| Long Name | Tradr 1X Short Innovation Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1680939501 |
| Nav Price | 24.4 |
| Net Assets | 46,757,296.0 |
| Net Expense Ratio | 0.99 |
| Open | 24.55 |
| Phone | (414) 299-2295 |
| Post Market Change | -0.22999954 |
| Post Market Change Percent | -0.91088927 |
| Post Market Price | 25.02 |
| Post Market Time | 1,787,961,443 |
| Previous Close | 24.42 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.83 |
| Regular Market Change Percent | 3.39885 |
| Regular Market Day High | 25.29 |
| Regular Market Day Low | 24.52 |
| Regular Market Day Range | 24.52 - 25.29 |
| Regular Market Open | 24.55 |
| Regular Market Previous Close | 24.42 |
| Regular Market Price | 25.25 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 107,565 |
| Short Name | Tradr 1X Short Innovation Daily |
| Source Interval | 15 |
| Symbol | SARK |
| Three Year Average Return | -0.3401055 |
| Total Assets | 46,757,296 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 3.62517 |
| Trailing Three Month Returns | 3.62517 |
| Triggerable | 1 |
| Two Hundred Day Average | 29.4667 |
| Two Hundred Day Average Change | -4.2166996 |
| Two Hundred Day Average Change Percent | -0.1431005 |
| Type Disp | ETF |
| Volume | 107,565 |
| Yield | 0.028099999 |
| Ytd Return | 0.29791 |