# SARK (Tradr 1X Short Innovation Daily ETF)

Tradr · Leveraged ETFs · data as of Oct 9, 2026

Three months to Oct 9, 2026: SARK returned −13.0% where its own daily promise gave −13.5%, 0.5 points over.

## Key facts

- SARK, what ARKK did: +11.7%, as of Oct 9, 2026.
- SARK, what −1 times a day gives: −13.5%, as of Oct 9, 2026.
- SARK, what the fund returned: −13.0%, as of Oct 9, 2026.
- SARK, the fund itself added: +0.5 pts, as of Oct 9, 2026.
- SARK, net assets: $34m (the issuer’s own daily fund list, as of Oct 9, 2026).
- SARK, expense ratio: 0.99% (485BPOS XBRL, Jul 23, 2026).

## SARK over each window to Oct 9, 2026

| Window | Fund | ARKK | -1x the move | Difference | ARKK moved about, annualized |
| --- | --- | --- | --- | --- | --- |
| 1 month | −6.1% | +6.0% | −6.0% | −0.2 pts | 30% |
| 3 months | −13.0% | +11.7% | −11.7% | −1.3 pts | 37% |
| 6 months | −27.1% | +29.3% | −29.3% | +2.2 pts | 37% |
| 1 year | −10.0% | −2.2% | +2.2% | −12.2 pts | 38% |
| 3 years | −72.8% | +123.0% | not meaningful over this window | not meaningful over this window | 40% |
| Since launch | −57.0% | −24.6% | +24.6% | −81.7 pts | 47% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | -1 times the daily move of ARKK, reset daily | ETFIQ |
| Multiple a holder actually got over the window | -1.11 times, against -1 stated | ETFIQ |
| Underlying | ARKK | ETFIQ |
| Segment | sector or country, theme | ETFIQ |
| Net assets | $34m | the issuer’s own daily fund list, as of Oct 9, 2026 |
| Expense ratio | 0.99% | 485BPOS XBRL, Jul 23, 2026 |
| First traded | Nov 9, 2021 | ETFIQ |
| Underlying volatility over the window | 37% annualized | ETFIQ |

## Money in and out, to Jun 30, 2026

Monthly figures only. Jun 2026: −$9.9m, from SEC Form N-PORT.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: https://etfiq.com/data/flows/funds/sark.json. Method: https://etfiq.com/methodology/flows

## Questions

### Did SARK return -1 times ARKK?

Over the three months to Oct 9, 2026, ARKK moved +11.7% and SARK returned −13.0%. −1 times that move is −11.7%, so the fund came out 1.3 points short of it. Against its own daily promise, −1 times each day's move compounded, it was 0.5 points over.

### Why does SARK not return -1 times over a year?

Because it resets daily. SARK aims at -1 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what -1 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, SARK, leveraged ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/sark
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/sark  ·  JSON: https://etfiq.com/funds/sark.json