SARK vs. SPY
Compare and contrast key facts about Tradr Short Innovation Daily ETF (SARK) and SPDR S&P 500 ETF (SPY).
SARK and SPY 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 Investments. It was launched on Nov 5, 2021. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SARK or SPY.
Key characteristics
| SARK | SPY | |
|---|---|---|
| YTD Return | -36.36% | 27.16% |
| 1Y Return | -52.20% | 37.73% |
| 3Y Return (Ann) | -9.52% | 10.28% |
| Sharpe Ratio | -0.97 | 3.25 |
| Sortino Ratio | -1.48 | 4.32 |
| Omega Ratio | 0.82 | 1.61 |
| Calmar Ratio | -0.76 | 4.74 |
| Martin Ratio | -2.47 | 21.51 |
| Ulcer Index | 21.40% | 1.85% |
| Daily Std Dev | 54.56% | 12.20% |
| Max Drawdown | -69.94% | -55.19% |
| Current Drawdown | -69.94% | 0.00% |
Correlation
The correlation between SARK and SPY 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.
Performance
SARK vs. SPY - Performance Comparison
In the year-to-date period, SARK achieves a -36.36% return, which is significantly lower than SPY's 27.16% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SARK vs. SPY - Expense Ratio Comparison
SARK has a 0.75% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
SARK vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr Short Innovation Daily ETF (SARK) and SPDR S&P 500 ETF (SPY). 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.
Dividends
SARK vs. SPY - Dividend Comparison
SARK's dividend yield for the trailing twelve months is around 19.76%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SARK Tradr Short Innovation Daily ETF | 19.76% | 12.57% | 25.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
SARK vs. SPY - Drawdown Comparison
The maximum SARK drawdown since its inception was -69.94%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for SARK and SPY. For additional features, visit the drawdowns tool.
Volatility
SARK vs. SPY - Volatility Comparison
Tradr Short Innovation Daily ETF (SARK) has a higher volatility of 28.20% compared to SPDR S&P 500 ETF (SPY) at 3.92%. This indicates that SARK's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.