ARKB vs. BTC-USD
Compare and contrast key facts about ARK 21Shares Bitcoin ETF (ARKB) and Bitcoin (BTC-USD).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKB or BTC-USD.
Correlation
The correlation between ARKB and BTC-USD is 0.76, 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.
Performance
ARKB vs. BTC-USD - Performance Comparison
Key characteristics
ARKB:
56.95%
BTC-USD:
44.11%
ARKB:
-27.40%
BTC-USD:
-93.07%
ARKB:
0.00%
BTC-USD:
0.00%
Returns By Period
ARKB
N/A
16.43%
65.57%
N/A
N/A
N/A
BTC-USD
151.13%
18.14%
62.94%
149.02%
71.27%
78.13%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ARKB vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Bitcoin ETF (ARKB) and Bitcoin (BTC-USD). 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.
Drawdowns
ARKB vs. BTC-USD - Drawdown Comparison
The maximum ARKB drawdown since its inception was -27.40%, smaller than the maximum BTC-USD drawdown of -93.07%. Use the drawdown chart below to compare losses from any high point for ARKB and BTC-USD. For additional features, visit the drawdowns tool.
Volatility
ARKB vs. BTC-USD - Volatility Comparison
ARK 21Shares Bitcoin ETF (ARKB) has a higher volatility of 13.98% compared to Bitcoin (BTC-USD) at 12.45%. This indicates that ARKB's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.