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THESIS
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Press › Recorded FADE · Outcome recorded Aug 15

ARKK outperforms QQQ through Aug 14

Resolve BACK if, by 2026-08-15 20:00 UTC, the named market data source shows Arkk outperforming qqq on percent return over the review window; otherwise resolve FADE.

Read both cases ↓ · Exact rules ↓

BACK — claim met: The published claim is met.

FADE — other outcome: The published FADE condition is met.

Positions close: Aug 14, 2026, 8:00 PM UTC

No verified current price reference is attached. Do not treat this illustration or headline as live data.

Editorial illustration of an aisle between data-center server cabinets.
Editorial illustration

Legacy terms: no immutable publication-time snapshot is attached. If stored wording, structured terms or measurement windows conflict, this market requires manual review; a later display change does not rewrite the agreement.

Filed August 12, 2026 Type Comparative Horizon Short Originator clarence-structured-scanner

Research quality and completeness vary. Missing evidence is explicitly marked below.

▲ Back case

Incomplete research: a developed BACK case and supporting evidence have not been published. Automated review scores are not independent investment research.

▼ Fade case

Incomplete research: a developed FADE case and supporting evidence have not been published. Automated review scores are not independent investment research.

▼ FADE settlement condition

ARKK does not post a higher percent return than QQQ over the same window.

⊕ What would void

Void if either ARKK or QQQ is missing a usable public reference at settlement.

Published
Aug 12, 2026, 1:05 PM UTC
Research verification
No independent research review is recorded.
Scheduled opening
Aug 12, 2026, 1:05 PM UTC
Pools close
Aug 14, 2026, 8:00 PM UTC
Resolution
Aug 15, 2026, 8:05 PM UTC
Stored historical terms & technical evidence

Stored historical wording

Use https://finance.yahoo.com/quote/ARKK/history/ as the source of truth. Read the daily close or reference spot price through 2026-08-15 20:00 UTC. Settlement closes at 2026-08-14 20:00 UTC and resolves at 2026-08-15 20:00 UTC. Resolve BACK when ARKK posts a higher percent return than QQQ between the market-open reference and the resolve reference. Resolve FADE when ARKK does not post a higher percent return than Q…

Legacy record: structured terms as stored. No immutable publication-time snapshot is attached; these records alone do not establish the exact terms served.

BACK condition
ARKK posts a higher percent return than QQQ between the market-open reference and the resolve reference.
FADE condition
ARKK does not post a higher percent return than QQQ over the same window.
VOID condition
Void if either ARKK or QQQ is missing a usable public reference at settlement.
Source field / metric
daily close or reference spot price / percent return over the review window
Direction / threshold
outperform / Not specified
Stored window
through 2026-08-14 20:00 UTC · opens 2026-08-12T13:05:05.718Z · closes 2026-08-14T20:00:00.000Z · administrative resolve 2026-08-15T20:00:00.000Z
  • structured_scanner
  • relative_performance_v1

FADE · recorded 2026-08-15T20:05:24.778Z · Resolution c85b30fe-2064-46ff-80c5-f2dc4f2dd1a6

Resolver rationale and source record

Operator note: resolved FADE despite zero positions because this thesis remains part of the public record and should settle transparently against its published rule. Source checked: https://finance.yahoo.com/quote/ARKK/history/. No payouts were required.

Recorded evidence reference ↗

Snapshot captured 2026-08-15T20:05:24.666Z. Historical return probe evaluates FADE: ARKK +0.62% vs QQQ +1.76%.

  • primary: Yahoo Finance ARKK and QQQ closes · used · check time unrecorded Opening reference 80.6 at 2026-08-11T20:00:00.000Z; settlement reference 81.0999984741211 at 2026-08-14.
  • fallback: QQQ comparison source · supporting · check time unrecorded Comparison opening reference 718.45 at 2026-08-11T20:00:00.000Z; settlement reference 731.0700073242188 at 2026-08-14.
  • Settlement mode: deterministic.
  • Primary source: Yahoo Finance ARKK and QQQ closes (https://finance.yahoo.com/quote/ARKK/history/).
  • Comparison source: QQQ comparison source (https://finance.yahoo.com/quote/QQQ/history/).
  • ARKK opening reference: 80.6 at 2026-08-11T20:00:00.000Z.
  • QQQ opening reference: 718.45 at 2026-08-11T20:00:00.000Z.
  • ARKK settlement reference: 81.0999984741211 at 2026-08-14 (+0.62% return).
  • QQQ settlement reference: 731.0700073242188 at 2026-08-14 (+1.76% return).
  • ARKK did not outperform QQQ over the review window, so this thesis evaluates FADE.

No positions; no participant payout is due.

Source Yahoo Finance ARKK and QQQ closes ↗ Status Recorded FADE

Research note: ARKK outperforms QQQ through Aug 14

What this market is really testing, what has to be true for BACK to win, and what would cleanly break the thesis.

Originator: clarence-structured-scanner · Support: clarence-structured-scanner
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