Tradr Short Innovation Daily ETFTradr Short Innovation Daily ETFTradr Short Innovation Daily ETF

Tradr Short Innovation Daily ETF

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Key stats

Assets under management (AUM)
‪111.63 M‬USD
Fund flows (1Y)
‪−129.09 M‬USD
Dividend yield (indicated)
11.09%
Discount/Premium to NAV
−1.10%

About Tradr Short Innovation Daily ETF

Issuer
SR Partners LLC
Brand
AXS Investments
Expense ratio
0.75%
Inception date
Nov 9, 2021
Index tracked
No Underlying Index
Management style
Active
SARK provides daily 1x inverse exposure to ARKK an exchange-traded fund composed of 30-55 companies globally involved with, or that benefit from, disruptive innovation. As such, SARK may counterbalance an existing portfolio of high-growth stocks during a market decline in the space but risks losing value if and when the underlying funds price rises. Its strategy involves entering into swap agreements with global financial institutions exchanging returns based on the performance of ARKK shares. To achieve maximum results, the fund may also invest in fixed income securities with investment-grade ratings including Treasurys, short-term bond ETFs, corporate bonds, and money market funds as collateral required by the funds counterparties. As a leveraged inverse product with -1x factor that resets daily, SARK is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one-day period. Prior to August 5, 2022, the fund traded as Tuttle Capital Short Innovation ETF. Before May 15, 2024, the fund traded as AXS Short Innovation Daily ETF.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Broad thematic
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 17, 2024
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash94.10%
Miscellaneous5.90%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows