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ARK started in 2020 SARK started near ARK's peak so the numbers will appear to favor SARK

SARK was a bet that ARK was overvalued, so they wouldn't have waited for ARK's massive gains to fully evaporate

If it were a bet that it was overvalued, the minute it reached fair valuation, the ETF should have been dissolved and distributed the funds.

The fact that it still exists means, they are happy to collect fees from gullible people who are pro/anti large-internet-personalities.