TARK

Tradr 2X Long Innovation ETF

Tradr · $33.7m in assets, October 8, 2026

TARK, the Tradr 2X Long Innovation ETF, is a $34 million ETF whose main story is pure narrative flow. Over the past year it returned −18.0%, against +16.8% for broad US ETFs. Figures to October 2, 2026; past performance, not a recommendation.

TARK · the ETFFRI OCT 2Market price total return
−2.0% a yearTotal return since launch, May 2022
−18.0%Last 12 months
+15.0%Year to date
89.4%Volatility since launch

The narrative it carries

This is its only narrative.

Pure narrative flow →

Disruptive innovation, online consumers, betting and stocks chosen by social sentiment: where the retail crowd puts its money.

Pure narrative flow · the narrative this week
53.0WARM level, 9 of 22
last four weeks
99ETFs carry it
98.2%held by the top five
ARKKlargest holder, 91.7%
$93.4 bncapital, 13th of 22

The band is where this narrative’s level sits among the 22 this week. QUIET means less talked about, not falling.

Who owns the capital
ARKK 91.7%IBUY 2.0%BUZZ 1.7%MILN 1.4%SOCL 1.4%94 other ETFs 1.8%98.2%top five
#ETFSHAREASSETS1 YEARCOST
1ARKK91.7%$7.92bn+0.7%0.75%
2IBUY2.0%$120.1m−13.8%0.65%
3BUZZ1.7%$102.7m+3.4%0.76%
4MILN1.4%$87.1m−14.8%0.50%
5SOCL1.4%$85.0m−28.3%0.65%
94 other ETFs1.8%
TARK carries this narrative but holds no Share of Narrative, because only unlevered long exposure counts.

Share is each ETF’s slice of the capital carrying this narrative. 1 year is market price total return; cost is the expense ratio. See all 99 ETFs on the narrative page →

FRI OCT 2MARKET PRICE TOTAL RETURN

1M3MYTD1Y3Y*5Y*
TARK+13.3%+15.4%+15.0%−18.0%+37.9%–
Pure narrative flowits narrative+6.7%+9.4%+14.8%−0.4%+31.0%−3.6%
The marketbroad US ETFs+0.8%+2.6%+14.6%+16.8%+22.9%+12.9%

1M, 3M, 1Y, 3Y, 5Y: one month to five years. YTD: year to date. * A year, annualised. A dash means the ETF has not traded for the whole period. Since it started trading on May 2, 2022: −2.0% a year.

$10,000 invested May 31, 2022

TARK $12,816Pure narrative flow $20,276The market $19,685
$0$10,000$20,000$30,000May 2022May 2023May 2024May 2025May 2026$0$10,000$20,000$30,000May 2022May 2024May 2026

Year by year

TARKPure narrative flowThe market
-100%0%100%200%TARK 2023: +121.4%Narrative 2023: +66.7%The market 2023: +27.9%2023TARK 2024: -4.8%Narrative 2024: +9.6%The market 2024: +23.1%2024TARK 2025: +42.0%Narrative 2025: +34.6%The market 2025: +16.8%2025TARK YTD: +15.0%Narrative YTD: +14.8%The market YTD: +14.6%YTD-100%0%100%200%TARK 2023: +121.4%Narrative 2023: +66.7%The market 2023: +27.9%2023TARK 2024: -4.8%Narrative 2024: +9.6%The market 2024: +23.1%2024TARK 2025: +42.0%Narrative 2025: +34.6%The market 2025: +16.8%2025TARK YTD: +15.0%Narrative YTD: +14.8%The market YTD: +14.6%YTD

Total return in each calendar year; this year is year to date. A year appears only if TARK traded for all of it.

Total return on the market price, with each distribution reinvested on its ex-date. Not the NAV return the issuer publishes; the two differ when the ETF trades above or below the value of its holdings. The narrative is the asset-weighted return of the unlevered ETFs that carry it. The market is the asset-weighted return of broad US index ETFs. Past performance is no guarantee of future results.

Common questions

What story is TARK selling?

TARK’s main story is pure narrative flow, which covers disruptive innovation, online consumers, betting and stocks chosen by social sentiment: where the retail crowd puts its money.

Which ETFs compete with TARK?

The ETFs whose weekly returns move most like TARK’s over the past 3 years are ARKK (1.00), ARKT (0.99) and OARK (0.96).

How has TARK performed against its story?

Over the past year TARK returned −18.0%, the ETFs carrying pure narrative flow −0.4% and broad US ETFs +16.8%, to October 2, 2026. Its weekly returns have a correlation of 1.00 with the story. Past performance only.

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Narrative figures are from the weekly board. Performance is market price total return as of October 2, 2026. Assets are StoryVector’s weekly figure. Classification and measurement. Not investment advice. How the measurement works →