SARK vs. VIXY
Compare and contrast key facts about Tradr Short Innovation Daily ETF (SARK) and ProShares VIX Short-Term Futures ETF (VIXY).
SARK and VIXY 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. VIXY is a passively managed fund by ProFund Advisors LLC that tracks the performance of the S&P 500 VIX Short-Term Futures Index Total Return. It was launched on Jan 3, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SARK or VIXY.
Key characteristics
| SARK | VIXY | |
|---|---|---|
| YTD Return | -36.36% | -28.97% |
| 1Y Return | -52.20% | -44.58% |
| 3Y Return (Ann) | -9.52% | -49.25% |
| Sharpe Ratio | -0.97 | -0.61 |
| Sortino Ratio | -1.48 | -0.85 |
| Omega Ratio | 0.82 | 0.90 |
| Calmar Ratio | -0.76 | -0.47 |
| Martin Ratio | -2.47 | -1.31 |
| Ulcer Index | 21.40% | 35.93% |
| Daily Std Dev | 54.56% | 76.94% |
| Max Drawdown | -69.94% | -100.00% |
| Current Drawdown | -69.94% | -100.00% |
Correlation
The correlation between SARK and VIXY is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SARK vs. VIXY - Performance Comparison
In the year-to-date period, SARK achieves a -36.36% return, which is significantly lower than VIXY's -28.97% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SARK vs. VIXY - Expense Ratio Comparison
SARK has a 0.75% expense ratio, which is lower than VIXY's 0.85% expense ratio.
Risk-Adjusted Performance
SARK vs. VIXY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr Short Innovation Daily ETF (SARK) and ProShares VIX Short-Term Futures ETF (VIXY). 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. VIXY - Dividend Comparison
SARK's dividend yield for the trailing twelve months is around 19.76%, while VIXY has not paid dividends to shareholders.
| TTM | 2023 | 2022 | |
|---|---|---|---|
SARK Tradr Short Innovation Daily ETF | 19.76% | 12.57% | 25.22% |
VIXY ProShares VIX Short-Term Futures ETF | 0.00% | 0.00% | 0.00% |
Drawdowns
SARK vs. VIXY - Drawdown Comparison
The maximum SARK drawdown since its inception was -69.94%, smaller than the maximum VIXY drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for SARK and VIXY. For additional features, visit the drawdowns tool.
Volatility
SARK vs. VIXY - Volatility Comparison
Tradr Short Innovation Daily ETF (SARK) has a higher volatility of 28.20% compared to ProShares VIX Short-Term Futures ETF (VIXY) at 18.38%. This indicates that SARK's price experiences larger fluctuations and is considered to be riskier than VIXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.