SARK vs. YXI

Last updated Aug 5, 2026

SARK (Tradr Short Innovation Daily ETF) and YXI (ProShares Short FTSE China 50) are both exchange-traded funds - SARK is a Inverse Equities fund actively managed by AXS, while YXI is a China Equities fund tracking the FTSE China 50 Net Tax USD (TR) (-100%). SARK is actively managed, while YXI is passively managed. Over the past 3 years, SARK returned -28.52%/yr vs -10.31%/yr for YXI. Their 0.40 correlation means their historical movements had little consistent relationship. SARK charges 0.75%/yr vs 0.95%/yr for YXI.

Performance

SARK vs. YXI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr Short Innovation Daily ETF (SARK) and ProShares Short FTSE China 50 (YXI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SARK achieves a -7.36% return, which is significantly lower than YXI's 5.63% 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%

YXI

• 1D: 0.58%
• 1M: -12.38%
• 6M: 6.78%
• YTD: 5.63%
• 1Y: 4.09%
• 3Y*: -10.31%
• 5Y*: -5.27%
• 10Y*: -7.71%
• ALL TIME*: -8.22%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SARK Tradr Short Innovation Daily ETF	$5.02M	$4.74M	$6.36M
YXI ProShares Short FTSE China 50	$23.14K	$29.95K	$34.52K

SARK vs. YXI - 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%
YXI ProShares Short FTSE China 50	5.63%	-22.87%	-25.36%	12.40%	4.78%	6.10%

Correlation

The correlation between SARK and YXI is 0.36, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.36
Correlation (3Y) Balances recent behavior with more history.	0.32
Correlation (All Time) Calculated using the full available price history since Nov 9, 2021	0.40

Return for Risk

SARK vs. YXI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SARK

SARK Risk / Return Rank: 5
SARK Sharpe Ratio Rank: 6
SARK Sortino Ratio Rank: 6
SARK Omega Ratio Rank: 6
SARK Calmar Ratio Rank: 5
SARK Martin Ratio Rank: 4

YXI

YXI Risk / Return Rank: 14
YXI Sharpe Ratio Rank: 14
YXI Sortino Ratio Rank: 14
YXI Omega Ratio Rank: 14
YXI Calmar Ratio Rank: 15
YXI Martin Ratio Rank: 15

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SARK vs. YXI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr Short Innovation Daily ETF (SARK) and ProShares Short FTSE China 50 (YXI). 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	YXI	Difference
Sharpe ratio: Return per unit of total volatility	-0.41	0.20	-0.61
Sortino ratio: Return per unit of downside risk	-0.36	0.42	-0.79
Omega ratio: Gain probability vs. loss probability	0.96	1.05	-0.09
Calmar ratio: Return relative to maximum drawdown	-0.56	0.30	-0.87
Martin ratio: Return relative to average drawdown	-1.00	0.77	-1.78

SARK vs. YXI - Sharpe Ratio Comparison

The current SARK Sharpe Ratio is -0.41, which is lower than the YXI Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of SARK and YXI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SARK vs. YXI - Drawdown Comparison

The maximum SARK drawdown since its inception was -81.07%, roughly equal to the maximum YXI drawdown of -81.15%. Use the drawdown chart below to compare losses from any high point for SARK and YXI.

Drawdown Indicators

	SARK	YXI	Difference
Max Drawdown Largest peak-to-trough decline	-81.07%	-81.15%	+0.08%
Max Drawdown (1Y) Largest decline over 1 year	-26.34%	-13.55%	-12.79%
Max Drawdown (3Y) Largest decline over 3 years	-74.42%	-53.12%	-21.30%
Max Drawdown (5Y) Largest decline over 5 years	—	-57.65%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-61.63%	—
Current Drawdown Current decline from peak	-79.55%	-78.43%	-1.12%
Average Drawdown Average peak-to-trough decline	-47.59%	-54.52%	+6.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.77%	5.32%	+9.45%

Volatility

SARK vs. YXI - Volatility Comparison

Tradr Short Innovation Daily ETF (SARK) has a higher volatility of 11.78% compared to ProShares Short FTSE China 50 (YXI) at 6.80%. This indicates that SARK's price experiences larger fluctuations and is considered to be riskier than YXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SARK	YXI	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.78%	6.80%	+4.98%
Volatility (6M) Calculated over the trailing 6-month period	28.06%	15.85%	+12.21%
Volatility (1Y) Calculated over the trailing 1-year period	36.50%	21.09%	+15.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.76%	31.28%	+24.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.76%	27.48%	+28.28%

SARK vs. YXI - Expense Ratio Comparison

SARK has a 0.75% expense ratio, which is lower than YXI's 0.95% expense ratio.

Dividends

SARK vs. YXI - Dividend Comparison

SARK's dividend yield for the trailing twelve months is around 3.04%, more than YXI's 2.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
SARK Tradr Short Innovation Daily ETF	3.04%	2.82%	15.49%	12.57%	25.22%	0.00%	0.00%	0.00%	0.00%
YXI ProShares Short FTSE China 50	2.69%	3.60%	4.35%	2.66%	0.27%	0.00%	0.08%	1.01%	0.25%

Frequently Asked Questions

Can I hold both SARK and YXI in my portfolio?

SARK and YXI have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SARK or YXI?

SARK has higher volatility (11.78%) compared to YXI (6.80%). In terms of maximum drawdown, SARK dropped -81.07% vs YXI's -81.15%.

Which ETF is better, SARK or YXI?

On 3-year performance, YXI leads with -10.31% vs -28.52% for SARK. On fees, SARK is cheaper at 0.75% per year. On volatility, YXI has been the lower-risk option at 6.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SARK or YXI?

Over the 3-year period, YXI has performed better with a -10.31% return vs -28.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SARK or YXI?

SARK is cheaper with a 0.75% expense ratio, compared with 0.95% for YXI.

Which ETF pays a higher dividend yield, SARK or YXI?

SARK has the higher dividend yield at 3.04%, compared with 2.69% for YXI.

What is the main difference between SARK and YXI?

SARK is categorized as Inverse Equities, while YXI is China Equities. They also come from different issuers: AXS and ProShares. Their fees differ too: 0.75% for SARK and 0.95% for YXI.

Which has better risk-adjusted returns?

YXI currently has the higher Sharpe Ratio (0.20 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.