{"url":"https://etfiq.com/compare/leverage/sark-vs-tark","section":"compare","title":"SARK vs TARK: which held to its multiple? | ETFIQ","description":"SARK sets out to return -1 times ARKK each day and TARK +2 times. Over the three months to Oct 9, 2026 they finished \u22121.3 pts and \u22127.6 pts away.","as_of":"Oct 9, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, SARK or TARK?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Oct 9, 2026, SARK finished 1.3 points from what its multiple implies and TARK finished 7.6 points from its own, so SARK came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are SARK and TARK levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on ARK Innovation ETF, SARK at -1 times and TARK at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, SARK or TARK?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window SARK\u2019s moved at 37% annualized and TARK\u2019s at 37%, so SARK has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold SARK or TARK for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, SARK or TARK?","acceptedAnswer":{"@type":"Answer","text":"SARK charges 0.99% a year and TARK charges 1.48%, so SARK is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"SARK vs TARK","item":"https://etfiq.com/compare/leverage/sark-vs-tark"}]},{"@type":"WebPage","name":"SARK vs TARK: which held to its multiple?","description":"SARK sets out to return -1 times ARKK each day and TARK +2 times. Over the three months to Oct 9, 2026 they finished \u22121.3 pts and \u22127.6 pts away.","url":"https://etfiq.com/compare/leverage/sark-vs-tark","dateModified":"2026-10-09","abstract":"Over three months against its own daily promise, SARK finished 0.5 points over and TARK 4.8 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of SARK and TARK","description":"SARK sets out to return -1 times ARKK each day and TARK +2 times. Over the three months to Oct 9, 2026 they finished \u22121.3 pts and \u22127.6 pts away.","dateModified":"2026-10-09","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/sark-vs-tark","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7743,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / SARK vs TARK \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 9, 2026 .\n\n SARK vs TARK: which held to its multiple?\n\n Over three months against its own daily promise, SARK finished 0.5 points over and TARK 4.8 points short.\n Copy this for sharing \n \n SARK costs 0.49 points a year less; their one-year returns differ by 14.4 points; SARK is far larger, $34m against $1m.\n SARK and TARK at a glance. As of Oct 9, 2026. Source: ETFIQ. SARK TARK \n Expense ratio 0.99% 1.48% \n Net assets $34m $1m \n Total return, 1 year \u221210.0% \u221224.4% \n What it tracks Inn","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, SARK against TARK, data as of Oct 9, 2026. https://etfiq.com/compare/leverage/sark-vs-tark","a":{"ticker":"SARK","name":"Tradr 1X Short Innovation Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-10-09","verdict":"Three months to Oct 9, 2026: SARK returned \u221213.0% where its own daily promise gave \u221213.5%, 0.5 points over.","url":"https://etfiq.com/funds/sark","key_facts":[{"label":"What ARKK did","value":"+11.7%","as_of":"2026-10-09","source":null},{"label":"What \u22121 times a day gives","value":"\u221213.5%","as_of":"2026-10-09","source":null},{"label":"What the fund returned","value":"\u221213.0%","as_of":"2026-10-09","source":null},{"label":"The fund itself added","value":"+0.5 pts","as_of":"2026-10-09","source":null},{"label":"Net assets","value":"$34m","as_of":"2026-10-09","source":"the issuer\u2019s own daily fund list, as of Oct 9, 2026"},{"label":"Expense ratio","value":"0.99%","as_of":"2026-10-09","source":"485BPOS XBRL, Jul 23, 2026"}]},"b":{"ticker":"TARK","name":"Tradr 2X Long Innovation ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-10-09","verdict":"Three months to Oct 9, 2026: TARK returned +15.8% where its own daily promise gave +20.6%, 4.8 points short.","url":"https://etfiq.com/funds/tark","key_facts":[{"label":"What ARKK did","value":"+11.7%","as_of":"2026-10-09","source":null},{"label":"What 2 times a day gives","value":"+20.6%","as_of":"2026-10-09","source":null},{"label":"What the fund returned","value":"+15.8%","as_of":"2026-10-09","source":null},{"label":"The fund itself cost","value":"\u22124.8 pts","as_of":"2026-10-09","source":null},{"label":"Net assets","value":"$1m","as_of":"2026-10-09","source":"the issuer\u2019s own daily fund list, as of Oct 9, 2026"},{"label":"Expense ratio","value":"1.48%","as_of":"2026-10-09","source":"485BPOS XBRL, Jul 23, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/sark-vs-tark"}