EMTY vs. SARK
EMTY (ProShares Decline of the Retail Store ETF) and SARK (Tradr Short Innovation Daily ETF) are both Inverse Equities funds. EMTY is passively managed, while SARK is actively managed. Over the past 3 years, EMTY returned -4.69%/yr vs -30.74%/yr for SARK. A 0.55 correlation means they provide meaningful diversification when combined. EMTY charges 0.66%/yr vs 0.75%/yr for SARK.
Performance
EMTY vs. SARK - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EMTY achieves a 1.09% return, which is significantly higher than SARK's -6.78% return.
EMTY
- 1D
- -0.32%
- 1M
- 1.81%
- YTD
- 1.09%
- 6M
- 3.80%
- 1Y
- 1.60%
- 3Y*
- -4.69%
- 5Y*
- -2.87%
- 10Y*
- —
SARK
- 1D
- 2.29%
- 1M
- -0.49%
- YTD
- -6.78%
- 6M
- -2.33%
- 1Y
- -33.81%
- 3Y*
- -30.74%
- 5Y*
- —
- 10Y*
- —
EMTY vs. SARK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EMTY ProShares Decline of the Retail Store ETF | 1.09% | -1.76% | -4.13% | 0.27% | 4.32% | 0.71% |
SARK Tradr Short Innovation Daily ETF | -6.78% | -25.93% | -36.90% | -46.32% | 83.35% | 20.78% |
Correlation
The correlation between EMTY and SARK is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2021 | 0.55 |
Over the past year, the correlation between EMTY and SARK has dropped to 0.34 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EMTY vs. SARK — Risk / Return Rank
EMTY
SARK
EMTY vs. SARK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Decline of the Retail Store ETF (EMTY) 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.
| EMTY | SARK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.04 | ||
| Sortino ratioReturn per unit of downside risk | +1.54 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.86 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.11 | -0.83 | +0.95 |
| Martin ratioReturn relative to average drawdown | 0.20 | -1.11 | +1.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EMTY | SARK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.09 | -0.95 | +1.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.43 | -0.24 | -0.19 |
Drawdowns
EMTY vs. SARK - Drawdown Comparison
The maximum EMTY drawdown since its inception was -77.62%, roughly equal to the maximum SARK drawdown of -81.07%. Use the drawdown chart below to compare losses from any high point for EMTY and SARK.
Loading charts...
Drawdown Indicators
| EMTY | SARK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.62% | -81.07% | +3.45% |
Max Drawdown (1Y)Largest decline over 1 year | -14.00% | -40.75% | +26.75% |
Max Drawdown (3Y)Largest decline over 3 years | -30.83% | -74.42% | +43.59% |
Max Drawdown (5Y)Largest decline over 5 years | -30.83% | — | — |
Current DrawdownCurrent decline from peak | -74.77% | -79.42% | +4.65% |
Average DrawdownAverage peak-to-trough decline | -54.01% | -46.46% | -7.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.11% | 30.47% | -22.36% |
Volatility
EMTY vs. SARK - Volatility Comparison
The current volatility for ProShares Decline of the Retail Store ETF (EMTY) is 6.00%, while Tradr Short Innovation Daily ETF (SARK) has a volatility of 9.13%. This indicates that EMTY experiences smaller price fluctuations and is considered to be less risky than SARK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EMTY | SARK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.00% | 9.13% | -3.13% |
Volatility (6M)Calculated over the trailing 6-month period | 12.40% | 25.05% | -12.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.71% | 35.91% | -18.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.36% | 56.24% | -33.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.67% | 56.24% | -30.57% |
EMTY vs. SARK - Expense Ratio Comparison
EMTY has a 0.66% expense ratio, which is lower than SARK's 0.75% expense ratio.
Dividends
EMTY vs. SARK - Dividend Comparison
EMTY's dividend yield for the trailing twelve months is around 3.45%, more than SARK's 3.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
EMTY ProShares Decline of the Retail Store ETF | 3.45% | 3.83% | 6.00% | 4.41% | 0.65% | 0.00% | 0.07% | 0.82% | 0.62% | 0.03% |
SARK Tradr Short Innovation Daily ETF | 3.02% | 2.82% | 15.49% | 12.57% | 25.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EMTY and SARK have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SARK has higher volatility (9.13%) compared to EMTY (6.00%). In terms of maximum drawdown, EMTY dropped -77.62% vs SARK's -81.07%.
On 3-year performance, EMTY leads with -4.69% vs -30.74% for SARK. On fees, EMTY is cheaper at 0.66% per year. On volatility, EMTY has been the lower-risk option at 6.00%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, EMTY has performed better with a -4.69% return vs -30.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EMTY is cheaper with a 0.66% expense ratio, compared with 0.75% for SARK.
EMTY has the higher dividend yield at 3.45%, compared with 3.02% for SARK.
They also come from different issuers: ProShares and AXS. Their fees differ too: 0.66% for EMTY and 0.75% for SARK.
EMTY currently has the higher Sharpe Ratio (0.09 vs -0.94), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for EMTY and SARK
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer