As of: 08/05/2022
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 Date | 11/09/2021 |
Primary Exchange | Nasdaq |
Gross Expense Ratio | 0.75% |
30 Day Median Bid-Ask | 0.04% |
Management Style | Inverse/Active Equity |
Options Available | Yes |
CUSIP | 19423L565 |
ISIN | US19423L5654 |
Market Closing Price
NAV Price
Market Price Change
-$2.61 | -4.99%
NAV Price Change
-$2.54 | -4.88%
Net Assets
Shares Outstanding
Fund Performance
As of: 08/05/2022
Price Per Share (USD)
As of:
07/31/20221 month 3 months 6 months 1 year YTD Since Inception
NAV -15.07% -13.04% 22.54% XX.XX 47.50% 82.57%
Market Price -14.92% -12.74% 22.46% XX.XX 47.55% 82.67%
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:
06/30/20221 month 3 months 6 months 1 year YTD Since
Inception
NAV 4.26% 39.35% 73.68% XX.XX 73.68% 114.91%
Market Price 4.11% 39.23% 73.42% XX.XX 73.42% 114.70%
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 (SARK) Breaks $100 million AUM Barrier
Tuttle Capital Management LLC (“TCM”) is pleased to announce that its Tuttle Capital Short Innovation ETF (Nasdaq: SARK) has surpassed $100 million in assets under management (AUM).
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.