SARK vs. HOOD

Last updated Aug 2, 2026

SARK (Tradr Short Innovation Daily ETF) is Inverse Equities fund actively managed by AXS, while HOOD (Robinhood Markets, Inc.) is a stock. Over the past 3 years, SARK returned -24.59%/yr vs 88.76%/yr for HOOD. Their -0.77 correlation means they have often moved in opposite directions in the past.

Performance

SARK vs. HOOD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr Short Innovation Daily ETF (SARK) and Robinhood Markets, Inc. (HOOD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SARK achieves a 0.17% return, which is significantly higher than HOOD's -23.47% return.

SARK

• 1D: 2.38%
• 1M: 13.13%
• 6M: -1.40%
• YTD: 0.17%
• 1Y: -10.99%
• 3Y*: -24.59%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -11.17%

HOOD

• 1D: -0.05%
• 1M: -23.21%
• 6M: -12.99%
• YTD: -23.47%
• 1Y: -13.35%
• 3Y*: 88.76%
• 5Y*: 19.75%
• 10Y*: —
• ALL TIME*: 17.88%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HOOD Robinhood Markets, Inc.	$1.93B	$2.33B	$2.54B
SARK Tradr Short Innovation Daily ETF	$4.94M	$4.74M	$6.45M

SARK vs. HOOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SARK Tradr Short Innovation Daily ETF	0.17%	-25.93%	-36.90%	-46.32%	83.35%	24.05%
HOOD Robinhood Markets, Inc.	-23.47%	203.54%	192.46%	56.51%	-54.17%	-53.24%

Correlation

The correlation between SARK and HOOD is -0.78, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.78
Correlation (3Y) Balances recent behavior with more history.	-0.75
Correlation (All Time) Calculated using the full available price history since Nov 9, 2021	-0.77

The correlation between SARK and HOOD has been stable across timeframes, ranging from -0.78 to -0.75 - a consistent structural relationship.

Return for Risk

SARK vs. HOOD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SARK

SARK Risk / Return Rank: 9
SARK Sharpe Ratio Rank: 8
SARK Sortino Ratio Rank: 9
SARK Omega Ratio Rank: 9
SARK Calmar Ratio Rank: 8
SARK Martin Ratio Rank: 8

HOOD

HOOD Risk / Return Rank: 36
HOOD Sharpe Ratio Rank: 35
HOOD Sortino Ratio Rank: 37
HOOD Omega Ratio Rank: 36
HOOD Calmar Ratio Rank: 35
HOOD Martin Ratio Rank: 36

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SARK vs. HOOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr Short Innovation Daily ETF (SARK) and Robinhood Markets, Inc. (HOOD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SARK	HOOD	Difference
Sharpe ratio: Return per unit of total volatility	-0.16	-0.23	+0.07
Sortino ratio: Return per unit of downside risk	0.02	0.15	-0.13
Omega ratio: Gain probability vs. loss probability	1.00	1.02	-0.01
Calmar ratio: Return relative to maximum drawdown	-0.23	-0.28	+0.05
Martin ratio: Return relative to average drawdown	-0.38	-0.47	+0.09

SARK vs. HOOD - Sharpe Ratio Comparison

The current SARK Sharpe Ratio is -0.16, which is comparable to the HOOD Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of SARK and HOOD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SARK vs. HOOD - Drawdown Comparison

The maximum SARK drawdown since its inception was -81.07%, smaller than the maximum HOOD drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for SARK and HOOD.

Drawdown Indicators

	SARK	HOOD	Difference
Max Drawdown Largest peak-to-trough decline	-81.07%	-90.21%	+9.14%
Max Drawdown (1Y) Largest decline over 1 year	-26.34%	-57.26%	+30.92%
Max Drawdown (3Y) Largest decline over 3 years	-74.42%	-57.26%	-17.16%
Max Drawdown (5Y) Largest decline over 5 years	—	-90.21%	—
Current Drawdown Current decline from peak	-77.89%	-43.22%	-34.67%
Average Drawdown Average peak-to-trough decline	-47.53%	-60.10%	+12.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.44%	33.81%	-18.37%

Volatility

SARK vs. HOOD - Volatility Comparison

The current volatility for Tradr Short Innovation Daily ETF (SARK) is 10.43%, while Robinhood Markets, Inc. (HOOD) has a volatility of 17.67%. This indicates that SARK experiences smaller price fluctuations and is considered to be less risky than HOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SARK	HOOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.43%	17.67%	-7.24%
Volatility (6M) Calculated over the trailing 6-month period	27.70%	53.55%	-25.85%
Volatility (1Y) Calculated over the trailing 1-year period	36.55%	70.22%	-33.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.75%	73.87%	-18.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.75%	73.91%	-18.16%

Dividends

SARK vs. HOOD - Dividend Comparison

SARK's dividend yield for the trailing twelve months is around 2.81%, while HOOD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
HOOD Robinhood Markets, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%
SARK Tradr Short Innovation Daily ETF	2.81%	2.82%	15.49%	12.57%	25.22%

Frequently Asked Questions

Can I hold both SARK and HOOD in my portfolio?

SARK and HOOD have a correlation of -0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SARK or HOOD?

HOOD has higher volatility (17.67%) compared to SARK (10.43%). In terms of maximum drawdown, SARK dropped -81.07% vs HOOD's -90.21%.

Which has better risk-adjusted returns?

SARK currently has the higher Sharpe Ratio (-0.16 vs -0.23), 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.