WEBS vs. SARK
Compare and contrast key facts about Daily Dow Jones Internet Bear 3X Shares (WEBS) and Tradr Short Innovation Daily ETF (SARK).
WEBS and SARK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SARK is an actively managed fund by AXS Investments. It was launched on Nov 5, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WEBS or SARK.
Correlation
The correlation between WEBS and SARK 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
WEBS vs. SARK - Performance Comparison
Key characteristics
WEBS:
-0.49
SARK:
-0.34
WEBS:
-0.42
SARK:
-0.04
WEBS:
0.96
SARK:
1.00
WEBS:
-0.31
SARK:
-0.32
WEBS:
-0.74
SARK:
-0.65
WEBS:
41.24%
SARK:
39.76%
WEBS:
62.48%
SARK:
74.89%
WEBS:
-99.41%
SARK:
-79.49%
WEBS:
-99.06%
SARK:
-63.69%
Returns By Period
The year-to-date returns for both stocks are quite close, with WEBS having a 22.37% return and SARK slightly lower at 21.83%.
WEBS
22.37%
27.24%
-21.83%
-29.93%
-54.84%
N/A
SARK
21.83%
24.64%
-27.43%
-26.96%
N/A
N/A
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WEBS vs. SARK - Expense Ratio Comparison
WEBS has a 1.07% expense ratio, which is higher than SARK's 0.75% expense ratio.
Risk-Adjusted Performance
WEBS vs. SARK — Risk-Adjusted Performance Rank
WEBS
SARK
WEBS vs. SARK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Daily Dow Jones Internet Bear 3X Shares (WEBS) and Tradr Short Innovation Daily ETF (SARK). 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
WEBS vs. SARK - Dividend Comparison
WEBS's dividend yield for the trailing twelve months is around 3.37%, less than SARK's 12.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
WEBS Daily Dow Jones Internet Bear 3X Shares | 3.37% | 5.73% | 4.36% | 0.17% | 0.00% | 0.11% | 0.11% |
SARK Tradr Short Innovation Daily ETF | 12.71% | 15.49% | 12.57% | 8.41% | 0.00% | 0.00% | 0.00% |
Drawdowns
WEBS vs. SARK - Drawdown Comparison
The maximum WEBS drawdown since its inception was -99.41%, which is greater than SARK's maximum drawdown of -79.49%. Use the drawdown chart below to compare losses from any high point for WEBS and SARK. For additional features, visit the drawdowns tool.
Volatility
WEBS vs. SARK - Volatility Comparison
The current volatility for Daily Dow Jones Internet Bear 3X Shares (WEBS) is 28.53%, while Tradr Short Innovation Daily ETF (SARK) has a volatility of 32.52%. This indicates that WEBS experiences smaller price fluctuations and is considered to be less risky than SARK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.