TARK vs. FTEC
TARK (Tradr 2X Long Innovation ETF) and FTEC (Fidelity MSCI Information Technology Index ETF) are both exchange-traded funds - TARK is a Leveraged Equities fund actively managed by AXS, while FTEC is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. TARK is actively managed, while FTEC is passively managed. Over the past 3 years, TARK returned 8.87%/yr vs 28.44%/yr for FTEC. A 0.72 correlation means they provide meaningful diversification when combined. TARK charges 1.15%/yr vs 0.08%/yr for FTEC.
Performance
TARK vs. FTEC - Performance Comparison
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Returns By Period
In the year-to-date period, TARK achieves a -8.01% return, which is significantly lower than FTEC's 23.14% return.
TARK
- 1D
- -5.15%
- 1M
- 5.19%
- 6M
- -19.36%
- YTD
- -8.01%
- 1Y
- -4.62%
- 3Y*
- 8.87%
- 5Y*
- —
- 10Y*
- —
FTEC
- 1D
- -2.12%
- 1M
- -0.92%
- 6M
- 21.21%
- YTD
- 23.14%
- 1Y
- 39.05%
- 3Y*
- 28.44%
- 5Y*
- 18.71%
- 10Y*
- 24.46%
TARK vs. FTEC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TARK Tradr 2X Long Innovation ETF | -8.01% | 41.00% | -4.85% | 121.37% | -71.31% |
FTEC Fidelity MSCI Information Technology Index ETF | 23.14% | 22.11% | 29.40% | 53.30% | -12.36% |
Correlation
The correlation between TARK and FTEC is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since May 2, 2022 | 0.72 |
The correlation between TARK and FTEC has been stable across timeframes, ranging from 0.70 to 0.72 - a consistent structural relationship.
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Return for Risk
TARK vs. FTEC — Risk / Return Rank
TARK
FTEC
TARK vs. FTEC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long Innovation ETF (TARK) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.
| TARK | FTEC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.74 | ||
| Sortino ratioReturn per unit of downside risk | -1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.28 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | 2.41 | -2.49 |
| Martin ratioReturn relative to average drawdown | -0.15 | 7.04 | -7.18 |
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Drawdowns
TARK vs. FTEC - Drawdown Comparison
The maximum TARK drawdown since its inception was -77.82%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for TARK and FTEC.
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Drawdown Indicators
| TARK | FTEC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.82% | -34.95% | -42.87% |
Max Drawdown (1Y)Largest decline over 1 year | -57.57% | -16.26% | -41.31% |
Max Drawdown (3Y)Largest decline over 3 years | -65.55% | -27.30% | -38.25% |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.95% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.95% | — |
Current DrawdownCurrent decline from peak | -39.47% | -8.03% | -31.44% |
Average DrawdownAverage peak-to-trough decline | -50.62% | -5.57% | -45.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.80% | 5.56% | +26.24% |
Volatility
TARK vs. FTEC - Volatility Comparison
Tradr 2X Long Innovation ETF (TARK) has a higher volatility of 19.55% compared to Fidelity MSCI Information Technology Index ETF (FTEC) at 9.63%. This indicates that TARK's price experiences larger fluctuations and is considered to be riskier than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TARK | FTEC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.55% | 9.63% | +9.92% |
Volatility (6M)Calculated over the trailing 6-month period | 53.71% | 19.41% | +34.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 71.83% | 23.43% | +48.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.35% | 25.73% | +64.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.35% | 24.90% | +65.45% |
TARK vs. FTEC - Expense Ratio Comparison
TARK has a 1.15% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Dividends
TARK vs. FTEC - Dividend Comparison
TARK's dividend yield for the trailing twelve months is around 32.61%, more than FTEC's 0.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTEC Fidelity MSCI Information Technology Index ETF | 0.36% | 0.43% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% |
TARK Tradr 2X Long Innovation ETF | 32.61% | 30.00% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TARK and FTEC have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TARK has higher volatility (19.55%) compared to FTEC (9.63%). In terms of maximum drawdown, TARK dropped -77.82% vs FTEC's -34.95%.
On 3-year performance, FTEC leads with 28.44% vs 8.87% for TARK. On fees, FTEC is cheaper at 0.08% per year. On volatility, FTEC has been the lower-risk option at 9.63%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, FTEC has performed better with a 28.44% return vs 8.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FTEC is cheaper with a 0.08% expense ratio, compared with 1.15% for TARK.
TARK has the higher dividend yield at 32.61%, compared with 0.36% for FTEC.
TARK is categorized as Leveraged Equities, while FTEC is Technology Equities. They also come from different issuers: AXS and Fidelity. Their fees differ too: 1.15% for TARK and 0.08% for FTEC.
FTEC currently has the higher Sharpe Ratio (1.68 vs -0.06), 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.
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