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Launched · SEC filings

Tradr 2X Long Innovation ETF

TARKNasdaqCThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$51.56−0.97 (−1.84%)

At close: Oct 13, 2026, 4:00 PM

C41/ 100

Rank 38 of 99 in Leveraged Long (2x & Other)

C41/100Rank 38 of 99inLeveraged Long (2x & Other)
Intraday session: down, 34 prints from 52.53 to 51.56. Range 50.99 to 51.88. Use the arrow keys to read each point.51.0051.2551.7552.0052.2510 AM12 PM2 PM4 PM
Expense ratio
1.15%
Fund size
$1M
1Y total return
−17.9%
Yield · Last 12 months
28.00%
Holdings
2
Avg volume · 30D
0M sh
NAV per share
$52.56
52W range
low $30.70high $88.78
Launched
Filings
SEC EDGAR

The ETF.net TARK Grade

C

Score 41 out of 100

Category
Leveraged Long (2x & Other)⁠
Rank
38 of 99
Six-pillar profile for TARK. Scores out of 100: Cost 37, Risk 29, Mission 76, Tradability 63, Holdings 31, Durability 40. Strongest: Mission (76). Weakest: Risk (29). Leans toward Mission.

Score 41 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D37 out of 100
    Rank 63 of 99

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A76 out of 100
    Rank 6 of 10

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D29 out of 100
    Rank 78 of 96

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B63 out of 100
    Rank 29 of 99

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D31 out of 100
    Rank 19 of 23

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C40 out of 100
    Rank 64 of 99

Our read on TARK

ETF.net Research

CMost leveraged ETFs bolt 2x onto an index. TARK bolts it onto another ETF: it aims for two times the daily move of the ARK Innovation ETF, reset every single trading day.

Stated mandate

The Fund seeks daily investment results equal to two times the daily performance of the ARK Innovation ETF. It targets this result for one trading day only.

Why people hold it

  1. 01Unusual plumbing: the reference is another fund's basket rather than a fixed index, so the exposure shifts whenever ARK's portfolio shifts.tradretfs.com
  2. 02One ticker in a regular brokerage account does the leverage work: no margin loan to arrange, no borrowing on your side, inside a standard 1940 Act fund.tradretfs.com
  3. 03The mandate is stated bluntly in the prospectus: two times daily performance, targeted for one trading day only. No fuzziness about what the fund is built to do.tradretfs.com
  4. 04Live since 2022, so the daily-reset mechanics have a multi-year record on a famously jumpy corner of the market.

Worth knowing

  1. 01The 2x target applies to a single day. Hold longer and compounding takes over, so multi-day results can drift well away from twice the reference fund's move.tradretfs.com
  2. 02Fees sit at the pricier end of the leveraged shelf: 1.15% a year, against under 1% at big peers like QLD (0.98%) and FAS (0.92%).
  3. 03It is one of the smaller and less actively traded names in the leveraged lineup, which can mean wider spreads than the household-name 2x and 3x funds.

TARK Holdings

As of Oct 13, 2026
Asset class
Other
Holdings
2
Top-10 weight
1452%
Largest holding
Net Other Assets1412.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Net Other Assets1411.99%8,445,829$8M141
002—Cfd Ark Innovation Etf40.11%-942,765$240K1

Showing 1–2 of 2 holdings

TARK Performance

Launched May 2, 2022

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.
TARK$8,214
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. TARK $8,214. SPY $12,044. Use the arrow keys to read each point.$4,517$8,567$12,618Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for TARK. Periods over one year show the average yearly return.
PeriodTARK
Year to date+8.2%
1 month+6.7%
3 months+11.6%
1 year−17.9%
3 yearsper year+36.7%
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TARK
YearReturn barTARK
2026 YTD+8.2%
2025+42.0%
2024−4.8%
2023+121.4%
2022−73.4%

Since listing, May 2, 2022

TARK in the news

Filtered to TARK · Leveraged Long (2x & Other)

TARK Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
28.00%Last 12 months
Payout per share
$14.71Last 12 months
Last payment
$14.71 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 23, 2024 $0.26; Dec 23, 2025 $14.71. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 26, 2025$14.71
Dec 23, 2024Dec 27, 2024$0.26

TARK Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
84.1%
Annualised · 36 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.68
vs 3-month T-bills · to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−77.8%
53 months · trough Dec 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
5.06
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

TARK Cost

Expense ratio1.15%
  • The middle half of Leveraged Long (2x & Other) funds
  • Median 1.00%

62 of the 95 Leveraged Long (2x & Other) funds charge less.

TARK costs $115.00 a year on $10,000. The median Leveraged Long (2x & Other) fund costs $100.00.

Other funds in Leveraged Long (2x & Other)

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