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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)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:★☆☆☆☆
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 Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_117 ✓0.030699
AutoTheta0.038766
MSTL_73_1170.041237
MSTL0.053382
AutoETS0.053562
AutoARIMA0.060929
MSTL_730.080606

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.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.95% 2.95% 10.87%
Dividend History
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
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 3.16

Info Dump

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