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ARKB vs. ARKA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ARKB and ARKA is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

ARKB vs. ARKA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK 21Shares Bitcoin ETF (ARKB) and ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ARKB:

1.23

ARKA:

0.99

Sortino Ratio

ARKB:

1.91

ARKA:

1.66

Omega Ratio

ARKB:

1.22

ARKA:

1.19

Calmar Ratio

ARKB:

2.39

ARKA:

1.81

Martin Ratio

ARKB:

5.24

ARKA:

3.87

Ulcer Index

ARKB:

12.85%

ARKA:

14.17%

Daily Std Dev

ARKB:

53.67%

ARKA:

54.24%

Max Drawdown

ARKB:

-28.15%

ARKA:

-30.23%

Current Drawdown

ARKB:

-1.82%

ARKA:

-5.37%

Returns By Period

In the year-to-date period, ARKB achieves a 12.14% return, which is significantly higher than ARKA's 8.88% return.


ARKB

YTD

12.14%

1M

25.05%

6M

16.78%

1Y

65.52%

5Y*

N/A

10Y*

N/A

ARKA

YTD

8.88%

1M

23.53%

6M

11.59%

1Y

53.14%

5Y*

N/A

10Y*

N/A

*Annualized

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ARKB vs. ARKA - Expense Ratio Comparison

ARKB has a 0.21% expense ratio, which is lower than ARKA's 0.70% expense ratio.


Risk-Adjusted Performance

ARKB vs. ARKA — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARKB
The Risk-Adjusted Performance Rank of ARKB is 8787
Overall Rank
The Sharpe Ratio Rank of ARKB is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of ARKB is 8787
Sortino Ratio Rank
The Omega Ratio Rank of ARKB is 8383
Omega Ratio Rank
The Calmar Ratio Rank of ARKB is 9494
Calmar Ratio Rank
The Martin Ratio Rank of ARKB is 8484
Martin Ratio Rank

ARKA
The Risk-Adjusted Performance Rank of ARKA is 8282
Overall Rank
The Sharpe Ratio Rank of ARKA is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of ARKA is 8484
Sortino Ratio Rank
The Omega Ratio Rank of ARKA is 7777
Omega Ratio Rank
The Calmar Ratio Rank of ARKA is 9191
Calmar Ratio Rank
The Martin Ratio Rank of ARKA is 7878
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ARKB vs. ARKA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Bitcoin ETF (ARKB) and ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA). 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.


The current ARKB Sharpe Ratio is 1.23, which is comparable to the ARKA Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of ARKB and ARKA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

ARKB vs. ARKA - Dividend Comparison

ARKB has not paid dividends to shareholders, while ARKA's dividend yield for the trailing twelve months is around 26.62%.


TTM20242023
ARKB
ARK 21Shares Bitcoin ETF
0.00%0.00%0.00%
ARKA
ARK 21Shares Active Bitcoin Futures Strategy ETF
26.62%28.48%0.41%

Drawdowns

ARKB vs. ARKA - Drawdown Comparison

The maximum ARKB drawdown since its inception was -28.15%, smaller than the maximum ARKA drawdown of -30.23%. Use the drawdown chart below to compare losses from any high point for ARKB and ARKA. For additional features, visit the drawdowns tool.


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Volatility

ARKB vs. ARKA - Volatility Comparison

ARK 21Shares Bitcoin ETF (ARKB) and ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA) have volatilities of 9.03% and 9.07%, 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.


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