To The Moon

Inverse ETF SARK $Tuttle Capital Short Innovation ETF(SARK)$

When the markets seems poised to erase the gains of the last week, today’s recommendation will be the inverse ETF SARK, the Tuttle Capital Short Innovation ETF (expense ratio 0.75%) that bets against Cathie Wood’s disruptive tech ARK Innovation ETF ( $ARK Innovation ETF(ARKK)$). 

AXS Investments managing director Matt Tuttle launched the short ETF in response to demand for a way for investors to go against Cathie Wood’s ETF. The short ETF (SARK) has year-to-date returns of 77.77% compared to Cathie Wood’s ARKK with year-to-date returns of -56.18%.

Do note there are some risks to inverse ETFs and these are not really designed for long term holdings. If your portfolio is exposed to volatility during this bear market (or correction phase), short funds can help to cushion the impact of the redness in the market.