Tuttle Capital Short Innovation ETF
$-0.18 (-0.36%) Today
52 Week High
52 Week Low
7 Days Mentions
"Up significantly" Remember these words and trade accordingly. ARKK is responding to daily market moves well, so the last thing I would do is short it. Unless you believe the market is going to crash? I looked at SARK a few days ago, curious to see its' holdings. No holdings listed, so I'll assume they are inversing major holdings.
I imagine they both trade sideways, ARKK going steadily up as SARK has to cover whatever their positions were before ARKK sold and bought SARK? Theoretically it’s free gains for Cathie but she probably can’t for legal reasons
I havent heard about SARK wtf? but to answer your question. it depends what you mean by ETF. people seem to use Index funds interchangeably with etf. an ETF is a general term for a basket of securities. an Index fund is something specific usually used to refer to a market index. so going with the fact that people generally use ETF to track a bullish sentiment, and usually used interchangeably with a market index, if you invest in an inverse ETF, you are literally betting the economy drops