Tradr 1X Short Innovation Daily ETF (SARK)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
27.72 USD
+0.66
(2.436%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 27.73 +0.01 (0.021%) ⇧ (July 13, 2026, 6:19 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 6:47 a.m. EDT
This instrument is a leveraged inverse ETF designed to profit from the collapse of innovation stocks, and the data confirms a brutal, multi-year bear market for its underlying assets. The price history reveals a catastrophic structural decline, dropping nearly 80% over the last three years with zero positive annual returns in that window. While the headline 3.16% yield looks attractive, it is a dangerous illusion; the dividend history shows massive payouts that dwarf the current share price, suggesting the fund is distributing capital to cover losses rather than generating sustainable income. The recent price action shows a slight bounce off lows, but the 200-day moving average remains well above the current price, confirming the downtrend is intact. With no positive momentum and a statistical forecast showing low confidence in any upward move, the short-term outlook remains bearish. This is not a value opportunity; it is a vehicle for continued decay. |
| Model | MAE |
|---|---|
| MSTL_117 ✓ | 0.030699 |
| AutoTheta | 0.038766 |
| MSTL_73_117 | 0.041237 |
| MSTL | 0.053382 |
| AutoETS | 0.053562 |
| AutoARIMA | 0.060929 |
| MSTL_73 | 0.080606 |
Forecast horizon: 60 days | Selected: MSTL_117
| Forecast Reliability | |
|---|---|
| Score | 44% |
| H-stat | 0.81 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.516 |
| Excess Kurtosis | -0.55 |
As of July 11, 2026, 6:47 a.m. EDT: Speculators are overwhelmingly positioning for further declines. Call volume is negligible compared to put volume, with deep out-of-the-money puts showing significant open interest concentration. The implied volatility skew is inverted, with puts trading at significantly higher premiums than calls, indicating a strong fear of downside moves. The lack of call activity suggests no speculative capital is betting on a recovery.
| 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 | 25.794 |
| Ask | 29.71 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 198,160 |
| Average Daily Volume3 Month | 280,945 |
| Average Volume | 280,945 |
| Average Volume10Days | 198,160 |
| Beta3 Year | -2.73 |
| Bid | 25.3 |
| Bid Size | 2 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 27.86 |
| Day Low | 27.32 |
| Dividend Yield | 3.16 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 28.14472 |
| Fifty Day Average Change | -0.4204197 |
| Fifty Day Average Change Percent | -0.014937782 |
| Fifty Two Week Change Percent | -20.522606 |
| Fifty Two Week High | 35.67 |
| Fifty Two Week High Change | -7.945698 |
| Fifty Two Week High Change Percent | -0.22275576 |
| Fifty Two Week Low | 25.794 |
| Fifty Two Week Low Change | 1.9302998 |
| Fifty Two Week Low Change Percent | 0.07483522 |
| Fifty Two Week Range | 25.794 - 35.67 |
| First Trade Date Milliseconds | 1,636,468,200,000 |
| Full Exchange Name | NasdaqGM |
| 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 exchange traded fund 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. It is non-diversified. |
| Long Name | Tradr 1X Short Innovation Daily ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1680939501 |
| Nav Price | 26.67 |
| Net Assets | 42,804,056.0 |
| Net Expense Ratio | 0.92 |
| Open | 27.32 |
| Phone | (414) 299-2295 |
| Post Market Change | 0.0056991577 |
| Post Market Change Percent | 0.020556543 |
| Post Market Price | 27.73 |
| Post Market Time | 1,783,981,172 |
| Previous Close | 27.065 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.65929985 |
| Regular Market Change Percent | 2.435987 |
| Regular Market Day High | 27.86 |
| Regular Market Day Low | 27.32 |
| Regular Market Day Range | 27.32 - 27.86 |
| Regular Market Open | 27.32 |
| Regular Market Previous Close | 27.065 |
| Regular Market Price | 27.7243 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 101,168 |
| Short Name | Tradr 1X Short Innovation Daily |
| Source Interval | 15 |
| Symbol | SARK |
| Three Year Average Return | -0.3088047 |
| Total Assets | 42,804,056 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -18.55545 |
| Trailing Three Month Returns | -18.55545 |
| Triggerable | 1 |
| Two Hundred Day Average | 29.62353 |
| Two Hundred Day Average Change | -1.899229 |
| Two Hundred Day Average Change Percent | -0.06411218 |
| Type Disp | ETF |
| Volume | 101,168 |
| Yield | 0.031600002 |
| Ytd Return | -10.79113 |