As of: 06/23/2022

SARK

Tuttle Capital Short Innovation ETF

Do you think disruptive innovation is overbought? Do you believe that ultra-high growth stock valuations have reached uncomfortably lofty levels? Does the bull thesis for transformational industries such as next-gen internet, electric vehicles, genomics, and fintech seem stretched? If so, consider the Tuttle Capital Short Innovation ETF (Nasdaq: SARK). SARK is an attractive opportunity that allows investors of all types to obtain short exposure to a concentrated portfolio of secular growth companies.

SARK is an actively managed exchange traded fund that attempts to achieve the inverse (-1x) of the return of the ARK Innovation ETF (NYSE Arca: ARKK) for a single day, not for any other period.

Listing Date11/09/2021
Primary ExchangeNasdaq
Gross Expense Ratio0.75%
30 Day Median Bid-Ask0.04%
Management StyleInverse/Active Equity
Options AvailableYes
CUSIP19423L565
ISINUS19423L5654

Market Closing Price

$58.88

NAV Price

$58.88

Market Price Change

-$4.58 | -7.22%

NAV Price Change

-$4.48 | -7.07%

Net Assets

$416,590,858

Shares Outstanding

7,075,000

Fund Performance

As of: 06/23/2022

Price Per Share (USD)

As of:
05/31/2022
1 month3 months6 months1 yearYTDSince Inception
NAV-1.79%34.38%78.83%XX.XX66.58%106.13%
Market Price-1.48%34.62%78.87%XX.XX66.59%106.23%

Performance Disclosure

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained above.

Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.

Market performance is the price at which shares in the ETF can be brought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.

As of:
03/31/2022
1 month3 months6 months1 yearYTDSince
Inception
NAV0.54%24.64%XX.XXXX.XX24.64%54.23%
Market Price0.65%24.56%XX.XXXX.XX24.56%54.20%

Performance Disclosure

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained above.

Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.

Market performance is the price at which shares in the ETF can be brought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.

The Advisor

Tuttle Capital Management, LLC (TCM) serves as the Advisor to the Tuttle Capital Short Innovation ETF (Nasdaq: SARK). TCM is an industry leader in offering thematic and actively managed ETFs. TCM utilizes informed agility when managing portfolios, an approach that, from an informed standpoint, can assess and blend effective elements from multiple investment styles, and, from a position of agility, aims to stay in harmony with market trends without being too passive or too active.

Our uncertain global economy presents a new paradigm for investing. Growth is important, and knowing how to protect the wealth you have accumulated is equally important.

At Tuttle Capital Management, not losing money is as important as making money.

Press

Tuttle Capital Short Innovation ETF Launches on Nasdaq

The Tuttle Capital Short Innovation ETF (Nasdaq: SARK) will start trading on the Nasdaq today. This distinctive exposure allows investors to potentially profit from a decline in a portfolio of companies involved in disruptive industries such as electric vehicles, next-gen internet, genomics and fintech.

What is the symbol for the Tuttle Capital Short Innovation ETF?

SARK

When did SARK start trading?

SARK’s first day of trading was November 9, 2021.

On which exchange is SARK listed?

The primary listing is on Nasdaq.

Does SARK track an index?

No. SARK is an actively managed inverse ETF. 

Why did you launch SARK?

Many investors, including financial advisors, have difficulty or are outright unable to short stocks or ETFs. SARK offers a convenient one-ticker solution for investors of all shapes and sizes to obtain short exposure to a concentrated portfolio of disruptive growth stocks.

What is the management fee for SARK?

SARK’s management fee is 0.75%

Where can I find the one-pager for SARK?

The SARK fact sheet can be found here.

How can I buy or sell SARK?

Check with your financial advisor or online broker to see if SARK is available on their platform. If it isn’t, please contact us. We are constantly working with brokerage platforms to help on-board our ETF.

What type of order should I use when trading SARK?

While a limit order is the most conservative route, it may take longer for your order to get executed. If you have specific questions about a larger order size, please call your financial advisor or feel free to contact us.

Can I trade options on SARK?

Yes. SARK options began trading on December 1, 2021.

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