ARKB vs. ARKA
Compare and contrast key facts about ARK 21Shares Bitcoin ETF (ARKB) and ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA).
ARKB and ARKA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKB is a passively managed fund by ARK Investment Management that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 10, 2024. ARKA is an actively managed fund by ARK. It was launched on Nov 13, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKB or ARKA.
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
Key characteristics
ARKB:
0.79
ARKA:
0.60
ARKB:
1.42
ARKA:
1.20
ARKB:
1.16
ARKA:
1.14
ARKB:
1.53
ARKA:
1.09
ARKB:
3.37
ARKA:
2.35
ARKB:
12.77%
ARKA:
13.99%
ARKB:
54.22%
ARKA:
54.70%
ARKB:
-28.15%
ARKA:
-30.23%
ARKB:
-10.64%
ARKA:
-13.21%
Returns By Period
In the year-to-date period, ARKB achieves a 2.06% return, which is significantly higher than ARKA's -0.14% return.
ARKB
2.06%
10.29%
42.78%
46.99%
N/A
N/A
ARKA
-0.14%
9.64%
37.31%
36.91%
N/A
N/A
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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
ARKB
ARKA
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.
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 29.03%.
| TTM | 2024 | 2023 | |
|---|---|---|---|
ARKB ARK 21Shares Bitcoin ETF | 0.00% | 0.00% | 0.00% |
ARKA ARK 21Shares Active Bitcoin Futures Strategy ETF | 29.03% | 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.
Volatility
ARKB vs. ARKA - Volatility Comparison
ARK 21Shares Bitcoin ETF (ARKB) and ARK 21Shares Active Bitcoin Futures Strategy ETF (ARKA) have volatilities of 16.32% and 16.24%, 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.