ASTX vs. SARK

Last updated Apr 1, 2026

Compare and contrast key facts about Tradr 2X Long ASTS Daily ETF (ASTX) and Tradr Short Innovation Daily ETF (SARK).

ASTX and SARK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ASTX is an actively managed fund by Tradr. It was launched on Jul 10, 2025. SARK is an actively managed fund by AXS. It was launched on Nov 5, 2021.

Performance

ASTX vs. SARK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long ASTS Daily ETF (ASTX) and Tradr Short Innovation Daily ETF (SARK). The values are adjusted to include any dividend payments, if applicable.

ASTX vs. SARK - Yearly Performance Comparison

	2026 (YTD)	2025
ASTX Tradr 2X Long ASTS Daily ETF	-11.05%	52.29%
SARK Tradr Short Innovation Daily ETF	8.23%	-10.22%

Returns By Period

In the year-to-date period, ASTX achieves a -11.05% return, which is significantly lower than SARK's 8.23% return.

ASTX

• 1D: 24.23%
• 1M: -18.64%
• YTD: -11.05%
• 6M: 3.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SARK

• 1D: -1.21%
• 1M: 6.96%
• YTD: 8.23%
• 6M: 18.23%
• 1Y: -34.20%
• 3Y*: -28.25%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ASTX vs. SARK - Expense Ratio Comparison

ASTX has a 1.30% expense ratio, which is higher than SARK's 0.75% expense ratio.

ASTX

Tradr 2X Long ASTS Daily ETF

SARK

Tradr Short Innovation Daily ETF

Return for Risk

ASTX vs. SARK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SARK

SARK Risk / Return Rank: 3
SARK Sharpe Ratio Rank: 2
SARK Sortino Ratio Rank: 2
SARK Omega Ratio Rank: 2
SARK Calmar Ratio Rank: 3
SARK Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASTX vs. SARK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long ASTS Daily ETF (ASTX) and Tradr Short Innovation Daily ETF (SARK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ASTX	SARK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	-0.19	+0.45

Correlation

The correlation between ASTX and SARK is -0.50. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

ASTX vs. SARK - Dividend Comparison

ASTX has not paid dividends to shareholders, while SARK's dividend yield for the trailing twelve months is around 2.60%.

	TTM	2025	2024	2023	2022
ASTX Tradr 2X Long ASTS Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%
SARK Tradr Short Innovation Daily ETF	2.60%	2.82%	15.49%	12.57%	25.22%

Drawdowns

ASTX vs. SARK - Drawdown Comparison

The maximum ASTX drawdown since its inception was -74.83%, smaller than the maximum SARK drawdown of -81.07%. Use the drawdown chart below to compare losses from any high point for ASTX and SARK.

Drawdown Indicators

	ASTX	SARK	Difference
Max Drawdown Largest peak-to-trough decline	-74.83%	-81.07%	+6.24%
Max Drawdown (1Y) Largest decline over 1 year	—	-59.44%	—
Current Drawdown Current decline from peak	-64.01%	-76.11%	+12.10%
Average Drawdown Average peak-to-trough decline	-40.01%	-45.20%	+5.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	47.97%	—

Volatility

Volatility by Period

	ASTX	SARK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.41%	—
Volatility (6M) Calculated over the trailing 6-month period	—	27.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	208.22%	46.26%	+161.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	208.22%	56.94%	+151.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	208.22%	56.94%	+151.28%