SARK vs. CRCD

Last updated Apr 1, 2026

Compare and contrast key facts about Tradr Short Innovation Daily ETF (SARK) and T-REX 2X Inverse CRCL Daily Target ETF (CRCD).

SARK and CRCD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SARK is an actively managed fund by AXS. It was launched on Nov 5, 2021. CRCD is an actively managed fund by T-Rex. It was launched on Sep 25, 2025.

Performance

SARK vs. CRCD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr Short Innovation Daily ETF (SARK) and T-REX 2X Inverse CRCL Daily Target ETF (CRCD). The values are adjusted to include any dividend payments, if applicable.

SARK vs. CRCD - Yearly Performance Comparison

	2026 (YTD)	2025
SARK Tradr Short Innovation Daily ETF	9.55%	4.19%
CRCD T-REX 2X Inverse CRCL Daily Target ETF	-80.36%	43.19%

Returns By Period

In the year-to-date period, SARK achieves a 9.55% return, which is significantly higher than CRCD's -80.36% return.

SARK

• 1D: -6.28%
• 1M: 6.42%
• YTD: 9.55%
• 6M: 18.96%
• 1Y: -34.21%
• 3Y*: -27.96%
• 5Y*: —
• 10Y*: —

CRCD

• 1D: -13.13%
• 1M: -45.34%
• YTD: -80.36%
• 6M: -69.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SARK vs. CRCD - Expense Ratio Comparison

SARK has a 0.75% expense ratio, which is lower than CRCD's 1.50% expense ratio.

CRCD

T-REX 2X Inverse CRCL Daily Target ETF

SARK

Tradr Short Innovation Daily ETF

Return for Risk

SARK vs. CRCD — 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: 4
SARK Martin Ratio Rank: 7

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.

SARK vs. CRCD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr Short Innovation Daily ETF (SARK) and T-REX 2X Inverse CRCL Daily Target ETF (CRCD). 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.

	SARK	CRCD	Difference
Sharpe ratio Return per unit of total volatility	-0.74	—	—
Sortino ratio Return per unit of downside risk	-0.95	—	—
Omega ratio Gain probability vs. loss probability	0.89	—	—
Calmar ratio Return relative to maximum drawdown	-0.52	—	—
Martin ratio Return relative to average drawdown	-0.65	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SARK	CRCD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.74	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.19	-0.45	+0.26

Correlation

The correlation between SARK and CRCD is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SARK vs. CRCD - Dividend Comparison

SARK's dividend yield for the trailing twelve months is around 2.57%, while CRCD has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
SARK Tradr Short Innovation Daily ETF	2.57%	2.82%	15.49%	12.57%	25.22%
CRCD T-REX 2X Inverse CRCL Daily Target ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SARK vs. CRCD - Drawdown Comparison

The maximum SARK drawdown since its inception was -81.07%, smaller than the maximum CRCD drawdown of -94.38%. Use the drawdown chart below to compare losses from any high point for SARK and CRCD.

Drawdown Indicators

	SARK	CRCD	Difference
Max Drawdown Largest peak-to-trough decline	-81.07%	-94.38%	+13.31%
Max Drawdown (1Y) Largest decline over 1 year	-59.44%	—	—
Current Drawdown Current decline from peak	-75.82%	-90.68%	+14.86%
Average Drawdown Average peak-to-trough decline	-45.17%	-40.91%	-4.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	47.87%	—	—

Volatility

Volatility by Period

	SARK	CRCD	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	27.14%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	46.51%	203.98%	-157.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.97%	203.98%	-147.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.97%	203.98%	-147.01%