AXS Short Innovation ETF Celebrates One Year Anniversary, Up 111%

The AXS Short Innovation Daily ETF (SARK) is celebrating its one year anniversary this week and showing a very positive track record. Over the year SARK has obtained $361 in assets under management and is up more than 111%. SARK uses swap contracts to follow the inverse performance of the Ark Innovation ETF (ARKK).

ETF Newz Says:

The massive growth for SARK can be attributed to large rate hikes which boosted Treasury yields.

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