ARKB vs. BFOC

Last updated Aug 5, 2026

ARKB (ARK 21Shares Bitcoin ETF) and BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) are both exchange-traded funds - ARKB is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while BFOC is a Defined Outcome fund actively managed by First Trust. ARKB is passively managed, while BFOC is actively managed. Their correlation of 0.86 means they have usually moved in the same direction. ARKB charges 0.21%/yr vs 0.90%/yr for BFOC.

Performance

ARKB vs. BFOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK 21Shares Bitcoin ETF (ARKB) and FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKB achieves a -26.69% return, which is significantly lower than BFOC's -6.82% return.

ARKB

• 1D: 0.57%
• 1M: 4.52%
• 6M: -16.05%
• YTD: -26.69%
• 1Y: -44.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.02%

BFOC

• 1D: -0.03%
• 1M: 0.09%
• 6M: -3.48%
• YTD: -6.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARKB ARK 21Shares Bitcoin ETF	$32.37M	$33.70M	$41.78M
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	$37.66K	$47.54K	$63.36K

ARKB vs. BFOC - Yearly Performance Comparison

	2026 (YTD)	2025
ARKB ARK 21Shares Bitcoin ETF	-26.69%	-23.62%
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-6.82%	-9.75%

Correlation

The correlation between ARKB and BFOC is 0.86, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.86

Return for Risk

ARKB vs. BFOC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ARKB

ARKB Risk / Return Rank: 2
ARKB Sharpe Ratio Rank: 2
ARKB Sortino Ratio Rank: 2
ARKB Omega Ratio Rank: 2
ARKB Calmar Ratio Rank: 2
ARKB Martin Ratio Rank: 2

BFOC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ARKB vs. BFOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Bitcoin ETF (ARKB) and FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ARKB	BFOC	Difference
Sharpe ratio: Return per unit of total volatility	-1.00	—	—
Sortino ratio: Return per unit of downside risk	-1.48	—	—
Omega ratio: Gain probability vs. loss probability	0.84	—	—
Calmar ratio: Return relative to maximum drawdown	-0.83	—	—
Martin ratio: Return relative to average drawdown	-1.27	—	—

Drawdowns

ARKB vs. BFOC - Drawdown Comparison

The maximum ARKB drawdown since its inception was -53.33%, which is greater than BFOC's maximum drawdown of -18.41%. Use the drawdown chart below to compare losses from any high point for ARKB and BFOC.

Drawdown Indicators

	ARKB	BFOC	Difference
Max Drawdown Largest peak-to-trough decline	-53.33%	-18.41%	-34.92%
Max Drawdown (1Y) Largest decline over 1 year	-53.33%	—	—
Current Drawdown Current decline from peak	-48.94%	-17.69%	-31.25%
Average Drawdown Average peak-to-trough decline	-18.36%	-13.54%	-4.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	34.90%	—	—

Volatility

Volatility by Period

	ARKB	BFOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	32.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	44.25%	11.66%	+32.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.36%	11.66%	+37.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.36%	11.66%	+37.70%

ARKB vs. BFOC - Expense Ratio Comparison

ARKB has a 0.21% expense ratio, which is lower than BFOC's 0.90% expense ratio.

Dividends

ARKB vs. BFOC - Dividend Comparison

Neither ARKB nor BFOC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ARKB and BFOC in my portfolio?

ARKB and BFOC have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARKB or BFOC?

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.

Which ETF is cheaper, ARKB or BFOC?

ARKB is cheaper with a 0.21% expense ratio, compared with 0.90% for BFOC.

Which ETF pays a higher dividend yield, ARKB or BFOC?

ARKB and BFOC have nearly identical dividend yields, around 0.00%.

What is the main difference between ARKB and BFOC?

ARKB is categorized as Cryptocurrency, while BFOC is Defined Outcome. They also come from different issuers: ARK and First Trust. Their fees differ too: 0.21% for ARKB and 0.90% for BFOC.