AXS Short Innovation Daily ETF (SARK)
30.77
+0.18
(+0.59%)
USD |
NASDAQ |
Apr 25, 16:00
30.36
-0.41
(-1.33%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.75% | -0.03% | 132.99M | 1.300M |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 10.61% | -- | -117.56M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to provide investment results that are approximately the inverse of, before fees and expenses, to the daily price and yield performance of the ARK Innovation ETF. The fund is an actively managed ETF that the advisor attempts to achieve the inverse (-1x) of the return of the ARK Innovation ETF for a single day by entering into a swap on the ARK Innovation ETF. The ARK Innovation ETF is an actively managed ETF that seeks long-term growth of capital by investing primarily in domestic and foreign equity securities of companies that are relevant to the fund's investment theme of disruptive innovation. It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Miscellaneous |
| Broad Category | Miscellaneous |
| Category Name | Trading--Inverse Equity |
| Category Index | S&P 500 TR USD |
| Global Category Name | Trading Tools |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | AXS |
| Prospectus Benchmark Index | |
| ARK Innovation ETF TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Parker Binion | 1.66 yrs |
| Travis Trampe | 1.34 yrs |
Performance Versus Category
As of April 25, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 25, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks to provide investment results that are approximately the inverse of, before fees and expenses, to the daily price and yield performance of the ARK Innovation ETF. The fund is an actively managed ETF that the advisor attempts to achieve the inverse (-1x) of the return of the ARK Innovation ETF for a single day by entering into a swap on the ARK Innovation ETF. The ARK Innovation ETF is an actively managed ETF that seeks long-term growth of capital by investing primarily in domestic and foreign equity securities of companies that are relevant to the fund's investment theme of disruptive innovation. It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Miscellaneous |
| Broad Category | Miscellaneous |
| Category Name | Trading--Inverse Equity |
| Category Index | S&P 500 TR USD |
| Global Category Name | Trading Tools |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | Growth and Income |
| Fund Owner Firm Name | AXS |
| Prospectus Benchmark Index | |
| ARK Innovation ETF TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Parker Binion | 1.66 yrs |
| Travis Trampe | 1.34 yrs |