ARKA vs. IBIT
Compare and contrast key facts about ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA) and iShares Bitcoin Trust (IBIT).
ARKA and IBIT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKA is an actively managed fund by ARK. It was launched on Nov 13, 2023. IBIT is a passively managed fund by iShares that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 5, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKA or IBIT.
Performance
ARKA vs. IBIT - Performance Comparison
Returns By Period
ARKA
100.11%
35.36%
28.02%
125.95%
N/A
N/A
IBIT
N/A
36.02%
32.63%
N/A
N/A
N/A
Key characteristics
| ARKA | IBIT | |
|---|---|---|
| Daily Std Dev | 57.63% | 57.67% |
| Max Drawdown | -30.23% | -27.51% |
| Current Drawdown | -8.48% | -8.48% |
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ARKA vs. IBIT - Expense Ratio Comparison
ARKA has a 0.70% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Correlation
The correlation between ARKA and IBIT is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
ARKA vs. IBIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA) and iShares Bitcoin Trust (IBIT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Not enough dataDividends
ARKA vs. IBIT - Dividend Comparison
ARKA's dividend yield for the trailing twelve months is around 25.37%, while IBIT has not paid dividends to shareholders.
| TTM | 2023 | |
|---|---|---|
ARKA ARK 21Shares Active Bitcoin Futures Strategy ETF | 25.37% | 0.41% |
IBIT iShares Bitcoin Trust | 0.00% | 0.00% |
Drawdowns
ARKA vs. IBIT - Drawdown Comparison
The maximum ARKA drawdown since its inception was -30.23%, which is greater than IBIT's maximum drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for ARKA and IBIT. For additional features, visit the drawdowns tool.
Volatility
ARKA vs. IBIT - Volatility Comparison
ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA) and iShares Bitcoin Trust (IBIT) have volatilities of 19.45% and 19.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.