ARKB vs. EEMV
ARKB (ARK 21Shares Bitcoin ETF) and EEMV (iShares MSCI Emerging Markets Min Vol Factor ETF) are both exchange-traded funds - ARKB is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while EEMV is a Asia Pacific Equities fund tracking the MSCI Emerging Markets Minimum Volatility Index. Both are passively managed. Over the past year, ARKB returned -36.82% vs 27.78% for EEMV. At a 0.34 correlation, their price movements are largely independent. ARKB charges 0.21%/yr vs 0.25%/yr for EEMV.
Performance
ARKB vs. EEMV - Performance Comparison
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Returns By Period
In the year-to-date period, ARKB achieves a -23.93% return, which is significantly lower than EEMV's 20.09% return.
ARKB
- 1D
- 4.79%
- 1M
- -15.85%
- YTD
- -23.93%
- 6M
- -22.44%
- 1Y
- -36.82%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EEMV
- 1D
- 2.55%
- 1M
- 7.71%
- YTD
- 20.09%
- 6M
- 21.21%
- 1Y
- 27.78%
- 3Y*
- 14.32%
- 5Y*
- 6.38%
- 10Y*
- 7.04%
ARKB vs. EEMV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ARKB ARK 21Shares Bitcoin ETF | -23.93% | -6.59% | 86.54% |
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF | 20.09% | 13.45% | 9.78% |
Correlation
The correlation between ARKB and EEMV is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.34 |
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Return for Risk
ARKB vs. EEMV — Risk / Return Rank
ARKB
EEMV
ARKB vs. EEMV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Bitcoin ETF (ARKB) and iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV). 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 | EEMV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.74 | ||
| Sortino ratioReturn per unit of downside risk | -3.76 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.39 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.71 | 3.03 | -3.74 |
| Martin ratioReturn relative to average drawdown | -1.24 | 10.90 | -12.14 |
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Drawdowns
ARKB vs. EEMV - Drawdown Comparison
The maximum ARKB drawdown since its inception was -52.04%, which is greater than EEMV's maximum drawdown of -31.56%. Use the drawdown chart below to compare losses from any high point for ARKB and EEMV.
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Drawdown Indicators
| ARKB | EEMV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.04% | -31.56% | -20.48% |
Max Drawdown (1Y)Largest decline over 1 year | -52.04% | -9.22% | -42.82% |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.47% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.90% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.56% | — |
Current DrawdownCurrent decline from peak | -47.03% | 0.00% | -47.03% |
Average DrawdownAverage peak-to-trough decline | -16.61% | -7.96% | -8.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.75% | 2.56% | +27.19% |
Volatility
ARKB vs. EEMV - Volatility Comparison
ARK 21Shares Bitcoin ETF (ARKB) has a higher volatility of 12.88% compared to iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) at 8.16%. This indicates that ARKB's price experiences larger fluctuations and is considered to be riskier than EEMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARKB | EEMV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.88% | 8.16% | +4.72% |
Volatility (6M)Calculated over the trailing 6-month period | 34.67% | 13.51% | +21.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.23% | 14.67% | +29.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.14% | 12.22% | +37.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.14% | 13.99% | +36.15% |
ARKB vs. EEMV - Expense Ratio Comparison
ARKB has a 0.21% expense ratio, which is lower than EEMV's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ARKB vs. EEMV - Dividend Comparison
ARKB has not paid dividends to shareholders, while EEMV's dividend yield for the trailing twelve months is around 3.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARKB ARK 21Shares Bitcoin ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF | 3.07% | 2.65% | 3.50% | 2.75% | 1.93% | 2.14% | 2.45% | 2.63% | 2.46% | 2.34% | 2.79% | 2.55% |
Frequently Asked Questions
ARKB and EEMV have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARKB has higher volatility (12.88%) compared to EEMV (8.16%). In terms of maximum drawdown, ARKB dropped -52.04% vs EEMV's -31.56%.
On 1-year performance, EEMV leads with 27.78% vs -36.82% for ARKB. On fees, ARKB is cheaper at 0.21% per year. On volatility, EEMV has been the lower-risk option at 8.16%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EEMV has performed better with a 27.78% return vs -36.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ARKB is cheaper with a 0.21% expense ratio, compared with 0.25% for EEMV.
EEMV has the higher dividend yield at 3.07%, compared with 0.00% for ARKB.
ARKB is categorized as Cryptocurrency, while EEMV is Asia Pacific Equities. ARKB tracks CME CF Bitcoin Reference Rate - New York Variant, while EEMV tracks MSCI Emerging Markets Minimum Volatility Index. They also come from different issuers: ARK and iShares. Their fees differ too: 0.21% for ARKB and 0.25% for EEMV.
EEMV currently has the higher Sharpe Ratio (1.91 vs -0.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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