ARKB vs. ARKD
ARKB (ARK 21Shares Bitcoin ETF ) and ARKD (ARK 21Shares Digital Asset and Blockchain Strategy ETF) are both Cryptocurrency funds from ARK. ARKB is passively managed, while ARKD is actively managed. A 0.65 correlation means they provide meaningful diversification when combined. ARKB charges 0.21%/yr vs 0.90%/yr for ARKD.
Performance
ARKB vs. ARKD - Performance Comparison
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Returns By Period
ARKB
- 1D
- -2.74%
- 1M
- -18.40%
- YTD
- -25.34%
- 6M
- -29.82%
- 1Y
- -38.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARKD
- 1D
- -1.44%
- 1M
- -0.46%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARKB vs. ARKD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ARKB ARK 21Shares Bitcoin ETF | -27.22% |
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF | -2.04% |
Correlation
The correlation between ARKB and ARKD is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 5, 2026 | 0.65 |
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Return for Risk
ARKB vs. ARKD — Risk / Return Rank
ARKB
ARKD
ARKB vs. ARKD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Bitcoin ETF (ARKB) and ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD). 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.
| ARKB | ARKD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.86 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.79 | — | — |
| Martin ratioReturn relative to average drawdown | -1.36 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ARKB | ARKD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.89 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | -0.25 | +0.55 |
Drawdowns
ARKB vs. ARKD - Drawdown Comparison
The maximum ARKB drawdown since its inception was -49.30%, which is greater than ARKD's maximum drawdown of -14.03%. Use the drawdown chart below to compare losses from any high point for ARKB and ARKD.
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Drawdown Indicators
| ARKB | ARKD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.30% | -14.03% | -35.27% |
Max Drawdown (1Y)Largest decline over 1 year | -49.30% | — | — |
Current DrawdownCurrent decline from peak | -48.01% | -4.51% | -43.50% |
Average DrawdownAverage peak-to-trough decline | -15.99% | -6.21% | -9.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.40% | — | — |
Volatility
ARKB vs. ARKD - Volatility Comparison
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Volatility by Period
| ARKB | ARKD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.44% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 34.31% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 43.54% | 19.81% | +23.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.94% | 19.81% | +30.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.94% | 19.81% | +30.13% |
ARKB vs. ARKD - Expense Ratio Comparison
ARKB has a 0.21% expense ratio, which is lower than ARKD's 0.90% expense ratio.
Dividends
ARKB vs. ARKD - Dividend Comparison
Neither ARKB nor ARKD has paid dividends to shareholders.
Frequently Asked Questions
ARKB and ARKD have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ARKB is cheaper at 0.21% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ARKB is cheaper with a 0.21% expense ratio, compared with 0.90% for ARKD.
ARKB and ARKD have nearly identical dividend yields, around 0.00%.
Their fees differ too: 0.21% for ARKB and 0.90% for ARKD.
Find the right allocation for ARKB and ARKD
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