SARK vs. WEBS
Compare and contrast key facts about Tradr Short Innovation Daily ETF (SARK) and Daily Dow Jones Internet Bear 3X Shares (WEBS).
SARK and WEBS 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. WEBS is a passively managed fund by Direxion that tracks the performance of the Dow Jones Internet Composite Index (300%). It was launched on Nov 7, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SARK or WEBS.
Correlation
The correlation between SARK and WEBS is 0.84, 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. WEBS - Performance Comparison
Key characteristics
SARK:
-0.14
WEBS:
-0.10
SARK:
0.36
WEBS:
0.36
SARK:
1.04
WEBS:
1.04
SARK:
-0.14
WEBS:
-0.07
SARK:
-0.27
WEBS:
-0.17
SARK:
40.06%
WEBS:
41.50%
SARK:
77.96%
WEBS:
67.44%
SARK:
-79.49%
WEBS:
-99.41%
SARK:
-54.40%
WEBS:
-98.74%
Returns By Period
In the year-to-date period, SARK achieves a 53.02% return, which is significantly lower than WEBS's 64.36% return.
SARK
53.02%
52.77%
-7.20%
-11.90%
N/A
N/A
WEBS
64.36%
68.02%
12.25%
-10.90%
-52.37%
N/A
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. WEBS - Expense Ratio Comparison
SARK has a 0.75% expense ratio, which is lower than WEBS's 1.07% expense ratio.
Risk-Adjusted Performance
SARK vs. WEBS — Risk-Adjusted Performance Rank
SARK
WEBS
SARK vs. WEBS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr Short Innovation Daily ETF (SARK) and Daily Dow Jones Internet Bear 3X Shares (WEBS). 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. WEBS - Dividend Comparison
SARK's dividend yield for the trailing twelve months is around 10.12%, more than WEBS's 2.80% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
SARK Tradr Short Innovation Daily ETF | 10.12% | 15.49% | 4.19% | 25.22% | 0.00% | 0.00% | 0.00% |
WEBS Daily Dow Jones Internet Bear 3X Shares | 2.80% | 6.22% | 6.73% | 0.02% | 0.00% | 0.11% | 0.11% |
Drawdowns
SARK vs. WEBS - Drawdown Comparison
The maximum SARK drawdown since its inception was -79.49%, smaller than the maximum WEBS drawdown of -99.41%. Use the drawdown chart below to compare losses from any high point for SARK and WEBS. For additional features, visit the drawdowns tool.
Volatility
SARK vs. WEBS - Volatility Comparison
Tradr Short Innovation Daily ETF (SARK) has a higher volatility of 36.47% compared to Daily Dow Jones Internet Bear 3X Shares (WEBS) at 33.92%. This indicates that SARK's price experiences larger fluctuations and is considered to be riskier than WEBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.