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TARKTradr 2X Long Innovation ETF

Take a bet4y track recordRanked #492 of 949 in this goal

Seeks daily investment results that correspond to 200% of the daily performance of the ARK Innovation ETF.

By AXS · Launched 2022

Annual Cost

1.15%

#5,452 of 5,854 · expensive

Fund Size

$20M

#4,484 of 5,854 · small

Return (1Y)Goal

-27.9%

Track Record

4 years

#2,613 of 5,854 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$7,225-27.7%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

What it actually holds

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

CFD ARK INNOVATION ETF
47.9%
CFD ARK INNOVATION ETF
-0.9%
CFD ARK INNOVATION ETF
-1.4%
CFD ARK INNOVATION ETF
-2.0%

Asset allocation

Stocks
53.8%
Cash
46.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
72.7%High

Year-on-year price swings

Max drawdown
-77.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.38Below average
Sortino (3Y)
0.55Moderate downside risk

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks daily investment results that correspond to 200% of the daily performance of the ARK Innovation ETF.
Strategy
Actively managed ETF that seeks to achieve 200% of the daily performance of the ARK Innovation ETF through swaps. Aims for daily rebalancing to maintain this leverage.
Inception date
April 28, 2022
Fund family
AXS

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-03