TARK vs. TMF
Compare and contrast key facts about Tradr 2X Long Innovation ETF (TARK) and Direxion Daily 20-Year Treasury Bull 3X (TMF).
TARK and TMF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TARK is an actively managed fund by AXS Investments. It was launched on Apr 28, 2022. TMF is a passively managed fund by Direxion that tracks the performance of the NYSE 20 Year Plus Treasury Bond Index (300%). It was launched on Apr 16, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TARK or TMF.
Key characteristics
| TARK | TMF | |
|---|---|---|
| YTD Return | -33.20% | -3.94% |
| 1Y Return | -0.60% | 11.81% |
| Sharpe Ratio | -0.04 | 0.19 |
| Daily Std Dev | 72.47% | 49.41% |
| Max Drawdown | -77.82% | -92.04% |
| Current Drawdown | -64.01% | -87.21% |
Correlation
The correlation between TARK and TMF is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TARK vs. TMF - Performance Comparison
In the year-to-date period, TARK achieves a -33.20% return, which is significantly lower than TMF's -3.94% 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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TARK vs. TMF - Expense Ratio Comparison
TARK has a 1.15% expense ratio, which is higher than TMF's 1.09% expense ratio.
Risk-Adjusted Performance
TARK vs. TMF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long Innovation ETF (TARK) and Direxion Daily 20-Year Treasury Bull 3X (TMF). 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
TARK vs. TMF - Dividend Comparison
TARK has not paid dividends to shareholders, while TMF's dividend yield for the trailing twelve months is around 2.05%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TARK Tradr 2X Long Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TMF Direxion Daily 20-Year Treasury Bull 3X | 2.05% | 2.82% | 1.62% | 0.13% | 2.23% | 0.94% | 1.49% | 0.41% | 0.00% | 0.00% | 0.00% | 0.57% |
Drawdowns
TARK vs. TMF - Drawdown Comparison
The maximum TARK drawdown since its inception was -77.82%, smaller than the maximum TMF drawdown of -92.04%. Use the drawdown chart below to compare losses from any high point for TARK and TMF. For additional features, visit the drawdowns tool.
Volatility
TARK vs. TMF - Volatility Comparison
Tradr 2X Long Innovation ETF (TARK) has a higher volatility of 21.16% compared to Direxion Daily 20-Year Treasury Bull 3X (TMF) at 10.07%. This indicates that TARK's price experiences larger fluctuations and is considered to be riskier than TMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.