Tradr 1X Short Innovation Daily ETF (SARK)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
24.56 USD
-0.43
(-1.721%) ⇩
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 10:20 a.m. EDT
This instrument is a catastrophic failure for any long-term investor, characterized by a brutal structural decline where the asset has lost over 85% of its value in just three years. The annual trajectory reveals a relentless downward spiral with zero positive years, indicating a business model or strategy that has completely failed to generate value. While the headline 3.59% dividend yield appears attractive, it is a dangerous illusion; the payout history shows massive dilution and erratic distributions that are clearly eroding shareholder capital rather than providing sustainable income. For the short term, the technical picture remains grim, trading well below key moving averages with no signs of a reversal, though the heavy put option flow suggests traders are bracing for further drops. This is a 'value trap' in its purest form: a broken asset masquerading as a high-yield opportunity. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.097579 |
| AutoTheta | 0.119678 |
| AutoETS | 0.123240 |
| MSTL | 0.125336 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 44% |
| H-stat | 9.76 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.292 |
| Excess Kurtosis | -0.59 |
As of Oct. 10, 2026, 10:20 a.m. EDT: Speculators are overwhelmingly positioned for further downside, evidenced by heavy open interest in out-of-the-money puts across multiple expirations compared to negligible call activity. The call side shows minimal positioning, while put writers and buyers cluster deep in the money, suggesting a consensus expectation of continued volatility and price weakness.
| 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 | 22.275 |
| Ask | 33.72 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 105,140 |
| Average Daily Volume3 Month | 136,679 |
| Average Volume | 136,679 |
| Average Volume10Days | 105,140 |
| Beta3 Year | -2.76 |
| Bid | 22.34 |
| Bid Size | 2 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 25.8137 |
| Day Low | 24.48 |
| Display Name | Tradr 1X Short Innov Dly ETF |
| Dividend Yield | 3.59 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 24.91006 |
| Fifty Day Average Change | -0.35006142 |
| Fifty Day Average Change Percent | -0.014053013 |
| Fifty Two Week Change Percent | -11.945033 |
| Fifty Two Week High | 35.67 |
| Fifty Two Week High Change | -11.109999 |
| Fifty Two Week High Change Percent | -0.3114662 |
| Fifty Two Week Low | 22.275 |
| Fifty Two Week Low Change | 2.2849998 |
| Fifty Two Week Low Change Percent | 0.10258137 |
| Fifty Two Week Range | 22.275 - 35.67 |
| First Trade Date Milliseconds | 1,636,468,200,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.4300003 |
| Fullday Change Percent | -1.7200012 |
| Fullday Price | 24.56 |
| 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 | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1680939501 |
| Nav Price | 24.95 |
| Net Assets | 34,726,032.0 |
| Net Expense Ratio | 0.99 |
| Open | 25.57 |
| Phone | (414) 299-2295 |
| Previous Close | 24.99 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.43 |
| Regular Market Change Percent | -1.72069 |
| Regular Market Day High | 25.8137 |
| Regular Market Day Low | 24.48 |
| Regular Market Day Range | 24.48 - 25.8137 |
| Regular Market Open | 25.57 |
| Regular Market Previous Close | 24.99 |
| Regular Market Price | 24.56 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 210,848 |
| Short Name | Tradr 1X Short Innovation Daily |
| Source Interval | 15 |
| Symbol | SARK |
| Three Year Average Return | -0.3520737 |
| Total Assets | 34,726,032 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -11.94805 |
| Trailing Three Month Returns | -11.94805 |
| Triggerable | 1 |
| Two Hundred Day Average | 28.474485 |
| Two Hundred Day Average Change | -3.914486 |
| Two Hundred Day Average Change Percent | -0.13747346 |
| Type Disp | ETF |
| Volume | 210,848 |
| Yield | 0.0359 |
| Ytd Return | -21.44985 |