SARK vs. IWV
SARK (Tradr Short Innovation Daily ETF) and IWV (iShares Russell 3000 ETF) are both exchange-traded funds - SARK is a Inverse Equities fund actively managed by AXS, while IWV is a Large Cap Blend Equities fund tracking the Russell 3000 Index. SARK is actively managed, while IWV is passively managed. Over the past 3 years, SARK returned -28.52%/yr vs 20.87%/yr for IWV. Their -0.77 correlation means they have often moved in opposite directions in the past. SARK charges 0.75%/yr vs 0.20%/yr for IWV.
Performance
SARK vs. IWV - Performance Comparison
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Returns By Period
In the year-to-date period, SARK achieves a -7.36% return, which is significantly lower than IWV's 13.98% return.
SARK
- 1D
- -4.39%
- 1M
- 4.63%
- 6M
- -11.06%
- YTD
- -7.36%
- 1Y
- -14.81%
- 3Y*
- -28.52%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -12.60%
IWV
- 1D
- 1.86%
- 1M
- 3.25%
- 6M
- 12.53%
- YTD
- 13.98%
- 1Y
- 23.54%
- 3Y*
- 20.87%
- 5Y*
- 12.21%
- 10Y*
- 14.70%
- ALL TIME*
- 8.69%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $80.14M | $77.22M | $99.27M | |
| $5.02M | $4.74M | $6.36M |
SARK vs. IWV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SARK Tradr Short Innovation Daily ETF | -7.36% | -25.93% | -36.90% | -46.32% | 83.35% | 24.05% |
IWV iShares Russell 3000 ETF | 13.98% | 16.96% | 23.49% | 25.82% | -19.28% | -0.09% |
Correlation
The correlation between SARK and IWV is -0.79, 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. | -0.79 |
Correlation (3Y) Balances recent behavior with more history. | -0.77 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2021 | -0.77 |
The correlation between SARK and IWV has been stable across timeframes, ranging from -0.79 to -0.77 - a consistent structural relationship.
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Return for Risk
SARK vs. IWV — Risk / Return Rank
SARK
IWV
SARK vs. IWV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr Short Innovation Daily ETF (SARK) and iShares Russell 3000 ETF (IWV). 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 | IWV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.23 | ||
| Sortino ratioReturn per unit of downside risk | -2.90 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.33 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 2.66 | -3.22 |
| Martin ratioReturn relative to average drawdown | -1.00 | 11.51 | -12.51 |
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Drawdowns
SARK vs. IWV - Drawdown Comparison
The maximum SARK drawdown since its inception was -81.07%, which is greater than IWV's maximum drawdown of -55.61%. Use the drawdown chart below to compare losses from any high point for SARK and IWV.
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Drawdown Indicators
| SARK | IWV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.07% | -55.61% | -25.46% |
Max Drawdown (1Y)Largest decline over 1 year | -26.34% | -8.89% | -17.45% |
Max Drawdown (3Y)Largest decline over 3 years | -74.42% | -19.28% | -55.14% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.22% | — |
Current DrawdownCurrent decline from peak | -79.55% | 0.00% | -79.55% |
Average DrawdownAverage peak-to-trough decline | -47.59% | -10.53% | -37.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.77% | 2.05% | +12.72% |
Volatility
SARK vs. IWV - Volatility Comparison
Tradr Short Innovation Daily ETF (SARK) has a higher volatility of 11.78% compared to iShares Russell 3000 ETF (IWV) at 4.01%. This indicates that SARK's price experiences larger fluctuations and is considered to be riskier than IWV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SARK | IWV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.78% | 4.01% | +7.77% |
Volatility (6M)Calculated over the trailing 6-month period | 28.06% | 10.35% | +17.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.50% | 13.06% | +23.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.76% | 17.37% | +38.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.76% | 18.41% | +37.35% |
SARK vs. IWV - Expense Ratio Comparison
SARK has a 0.75% expense ratio, which is higher than IWV's 0.20% expense ratio.
Dividends
SARK vs. IWV - Dividend Comparison
SARK's dividend yield for the trailing twelve months is around 3.04%, more than IWV's 0.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWV iShares Russell 3000 ETF | 0.85% | 0.96% | 1.08% | 1.30% | 1.56% | 1.04% | 1.30% | 1.69% | 1.97% | 1.58% | 1.79% | 1.99% |
SARK Tradr Short Innovation Daily ETF | 3.04% | 2.82% | 15.49% | 12.57% | 25.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SARK and IWV have a correlation of -0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SARK has higher volatility (11.78%) compared to IWV (4.01%). In terms of maximum drawdown, SARK dropped -81.07% vs IWV's -55.61%.
On 3-year performance, IWV leads with 20.87% vs -28.52% for SARK. On fees, IWV is cheaper at 0.20% per year. On volatility, IWV has been the lower-risk option at 4.01%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IWV has performed better with a 20.87% return vs -28.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IWV is cheaper with a 0.20% expense ratio, compared with 0.75% for SARK.
SARK has the higher dividend yield at 3.04%, compared with 0.85% for IWV.
SARK is categorized as Inverse Equities, while IWV is Large Cap Blend Equities. They also come from different issuers: AXS and iShares. Their fees differ too: 0.75% for SARK and 0.20% for IWV.
IWV currently has the higher Sharpe Ratio (1.82 vs -0.41), 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.
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