What does Tuttle Capital Short Innovation ETF do?

AXS Short Innovation Daily ETF (NASDAQ:SARK) is an exchange-traded fund designed to profit from short-term declines in innovative companies. It aims to deliver the opposite daily return of the ARK Innovation ETF (ARKK) by using inverse exposure. This means SARK goes up when ARKK, which invests in disruptive technologies, goes down. SARK targets knowledgeable investors seeking short-term gains or a hedge against their holdings in innovative companies. However, due to compounding effects, SARK's returns may differ significantly from -100% of ARKK's performance over extended periods.
Tuttle Capital Short Innovation ETF company media

Company Snapshot

key

Ownership

Public
people

Employees

16
pie chart

Sector

ETF
location pin

Head Office

Westport, United States
founded flag

Year Founded

2021

What does Tuttle Capital Short Innovation ETF specialise in?

/Investment Services /Exchange Traded Fund /Short Selling /Innovation Focused /Risk Management /Financial Planning

What are the products and/or services of Tuttle Capital Short Innovation ETF?

Overview of Tuttle Capital Short Innovation ETF offerings
Inverse Exposure: SARK provides daily inverse exposure to the ARK Innovation ETF (ARKK). This means it aims to deliver the opposite daily return of ARKK.
Short-Term Focus: SARK is designed for short-term trading and intraday strategies, not long-term investment goals.
Hedging Potential: SARK can be used as a hedge against existing holdings in innovative companies by potentially offsetting losses if those companies' prices decline.
Market Volatility Targeting: SARK profits from downward movements in the innovative technology sector.
Actively Managed: Unlike some ETFs, SARK is actively managed by a team that makes decisions about its holdings.
Cost-Effective Access: SARK offers a relatively low-cost way to gain exposure to an inverse innovation strategy compared to individually shorting stocks.