ARKB vs. BTCW
Compare and contrast key facts about ARK 21Shares Bitcoin ETF (ARKB) and Wisdom Tree Bitcoin Fund (BTCW).
ARKB and BTCW 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. BTCW is managed by WisdomTree. It was launched on Jan 11, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKB or BTCW.
Key characteristics
| ARKB | BTCW | |
|---|---|---|
| Daily Std Dev | 57.78% | 57.93% |
| Max Drawdown | -27.40% | -27.46% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between ARKB and BTCW is 1.00, 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. BTCW - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ARKB vs. BTCW - Expense Ratio Comparison
ARKB has a 0.21% expense ratio, which is lower than BTCW's 0.30% expense ratio.
Risk-Adjusted Performance
ARKB vs. BTCW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Bitcoin ETF (ARKB) and Wisdom Tree Bitcoin Fund (BTCW). 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.
Not enough dataDividends
ARKB vs. BTCW - Dividend Comparison
Neither ARKB nor BTCW has paid dividends to shareholders.
Drawdowns
ARKB vs. BTCW - Drawdown Comparison
The maximum ARKB drawdown since its inception was -27.40%, roughly equal to the maximum BTCW drawdown of -27.46%. Use the drawdown chart below to compare losses from any high point for ARKB and BTCW. For additional features, visit the drawdowns tool.
Volatility
ARKB vs. BTCW - Volatility Comparison
ARK 21Shares Bitcoin ETF (ARKB) and Wisdom Tree Bitcoin Fund (BTCW) have volatilities of 18.33% and 18.29%, 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.