The idea of making an “inverse index fund” by doing the opposite of what Jim Cramer, Dennis Gartman, or any other contra-indicator out there is a tired, oft-cited joke.
Someone decided to actually do this for real, however, with bumbling media starlet Cathie Wood by created the Tuttle Capital Short Innovation ETF (NASDAQ:SARK) fund.
Let’s just say the 100% return in the span of half a year is applause-worthy.