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.
Correlation
The correlation between SARK and SPY is 1.00, 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.
Performance
SARK vs. SPY - Performance Comparison
Key characteristics
SARK:
-0.45
SPY:
0.51
SARK:
-0.23
SPY:
0.86
SARK:
0.97
SPY:
1.13
SARK:
-0.45
SPY:
0.55
SARK:
-0.87
SPY:
2.26
SARK:
41.33%
SPY:
4.55%
SARK:
80.22%
SPY:
20.08%
SARK:
-79.49%
SPY:
-55.19%
SARK:
-64.28%
SPY:
-9.89%
Returns By Period
In the year-to-date period, SARK achieves a 19.85% return, which is significantly higher than SPY's -5.76% return.
SARK
19.85%
13.72%
-23.16%
-36.20%
N/A
N/A
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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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 Rank
SARK
SPY
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 12.92%, more than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SARK Tradr Short Innovation Daily ETF | 12.92% | 15.49% | 12.57% | 25.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
SARK vs. SPY - Drawdown Comparison
The maximum SARK drawdown since its inception was -79.49%, 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 31.74% compared to SPDR S&P 500 ETF (SPY) at 15.12%. 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.