Tradr 1X Short Innovation Daily ETF (SARK)
ETF analysis · NASDAQ · Financial Services · Asset Management - Leveraged
Tradr 1X Short Innovation Daily ETF (SARK) is an exchange-traded fund in the Financial Services sector. Latest price: $25.87. Market cap $65.20M. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.
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Proprietary Signals
About Tradr 1X Short Innovation Daily ETF
The SARK fund is an actively managed exchange-traded fund that aims to provide the inverse (-1x) return of the ARK Innovation ETF for a single day only. It's crucial to understand that this objective applies solely to one day and not to any longer periods. This is accomplished primarily through the use of swap agreements that reference the ARK Innovation ETF. The ARK Innovation ETF, which SARK targets, is itself an actively managed fund that seeks long-term appreciation of capital. It does so by investing primarily in equity securities of companies located both domestically and internationally that are pioneering or leveraging disruptive innovation. A key characteristic of the ARK Innovation ETF is its non-diversified nature.
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