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SARK vs. HIBS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SARK and HIBS is -0.74. 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.


-0.50.00.51.0
Correlation: -0.7

Performance

SARK vs. HIBS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr Short Innovation Daily ETF (SARK) and Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS). The values are adjusted to include any dividend payments, if applicable.

-80.00%-60.00%-40.00%-20.00%0.00%20.00%NovemberDecember2025FebruaryMarchApril
-8.08%
-73.32%
SARK
HIBS

Key characteristics

Sharpe Ratio

SARK:

-0.45

HIBS:

-0.31

Sortino Ratio

SARK:

-0.24

HIBS:

0.17

Omega Ratio

SARK:

0.97

HIBS:

1.02

Calmar Ratio

SARK:

-0.46

HIBS:

-0.29

Martin Ratio

SARK:

-0.88

HIBS:

-0.94

Ulcer Index

SARK:

41.21%

HIBS:

30.44%

Daily Std Dev

SARK:

80.19%

HIBS:

92.22%

Max Drawdown

SARK:

-79.49%

HIBS:

-99.87%

Current Drawdown

SARK:

-63.48%

HIBS:

-99.84%

Returns By Period

In the year-to-date period, SARK achieves a 22.54% return, which is significantly higher than HIBS's 1.34% return.


SARK

YTD

22.54%

1M

27.26%

6M

-22.44%

1Y

-34.38%

5Y*

N/A

10Y*

N/A

HIBS

YTD

1.34%

1M

-6.75%

6M

0.67%

1Y

-23.99%

5Y*

-65.57%

10Y*

N/A

*Annualized

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SARK vs. HIBS - Expense Ratio Comparison

SARK has a 0.75% expense ratio, which is lower than HIBS's 1.07% expense ratio.


Expense ratio chart for HIBS: current value is 1.07%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HIBS: 1.07%
Expense ratio chart for SARK: current value is 0.75%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SARK: 0.75%

Risk-Adjusted Performance

SARK vs. HIBS — Risk-Adjusted Performance Rank

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

SARK
The Risk-Adjusted Performance Rank of SARK is 77
Overall Rank
The Sharpe Ratio Rank of SARK is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of SARK is 1010
Sortino Ratio Rank
The Omega Ratio Rank of SARK is 1010
Omega Ratio Rank
The Calmar Ratio Rank of SARK is 33
Calmar Ratio Rank
The Martin Ratio Rank of SARK is 88
Martin Ratio Rank

HIBS
The Risk-Adjusted Performance Rank of HIBS is 1414
Overall Rank
The Sharpe Ratio Rank of HIBS is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of HIBS is 2424
Sortino Ratio Rank
The Omega Ratio Rank of HIBS is 2424
Omega Ratio Rank
The Calmar Ratio Rank of HIBS is 77
Calmar Ratio Rank
The Martin Ratio Rank of HIBS is 77
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SARK vs. HIBS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr Short Innovation Daily ETF (SARK) and Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS). 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.


The chart of Sharpe ratio for SARK, currently valued at -0.45, compared to the broader market-1.000.001.002.003.004.00
SARK: -0.45
HIBS: -0.31
The chart of Sortino ratio for SARK, currently valued at -0.24, compared to the broader market-2.000.002.004.006.008.00
SARK: -0.24
HIBS: 0.17
The chart of Omega ratio for SARK, currently valued at 0.97, compared to the broader market0.501.001.502.00
SARK: 0.97
HIBS: 1.02
The chart of Calmar ratio for SARK, currently valued at -0.46, compared to the broader market0.002.004.006.008.0010.0012.00
SARK: -0.46
HIBS: -0.32
The chart of Martin ratio for SARK, currently valued at -0.88, compared to the broader market0.0020.0040.0060.00
SARK: -0.88
HIBS: -0.94

The current SARK Sharpe Ratio is -0.45, which is lower than the HIBS Sharpe Ratio of -0.31. The chart below compares the historical Sharpe Ratios of SARK and HIBS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.50NovemberDecember2025FebruaryMarchApril
-0.45
-0.31
SARK
HIBS

Dividends

SARK vs. HIBS - Dividend Comparison

SARK's dividend yield for the trailing twelve months is around 12.64%, more than HIBS's 4.96% yield.


TTM202420232022202120202019
SARK
Tradr Short Innovation Daily ETF
12.64%15.49%12.57%25.22%0.00%0.00%0.00%
HIBS
Direxion Daily S&P 500 High Beta Bear 3X Shares
4.96%5.34%6.52%0.04%0.00%0.90%0.13%

Drawdowns

SARK vs. HIBS - Drawdown Comparison

The maximum SARK drawdown since its inception was -79.49%, smaller than the maximum HIBS drawdown of -99.87%. Use the drawdown chart below to compare losses from any high point for SARK and HIBS. For additional features, visit the drawdowns tool.


-90.00%-80.00%-70.00%-60.00%-50.00%NovemberDecember2025FebruaryMarchApril
-63.48%
-85.29%
SARK
HIBS

Volatility

SARK vs. HIBS - Volatility Comparison

The current volatility for Tradr Short Innovation Daily ETF (SARK) is 32.66%, while Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) has a volatility of 72.10%. This indicates that SARK experiences smaller price fluctuations and is considered to be less risky than HIBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%60.00%70.00%NovemberDecember2025FebruaryMarchApril
32.66%
72.10%
SARK
HIBS