ARKB vs. IBIT
Compare and contrast key facts about ARK 21Shares Bitcoin ETF (ARKB) and iShares Bitcoin Trust (IBIT).
ARKB and IBIT 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. IBIT is a passively managed fund by iShares that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 5, 2024. Both ARKB and IBIT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKB or IBIT.
Correlation
The correlation between ARKB and IBIT 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. IBIT - Performance Comparison
Key characteristics
ARKB:
0.45
IBIT:
0.45
ARKB:
1.02
IBIT:
1.02
ARKB:
1.12
IBIT:
1.12
ARKB:
0.89
IBIT:
0.88
ARKB:
1.94
IBIT:
1.93
ARKB:
12.51%
IBIT:
12.59%
ARKB:
54.10%
IBIT:
54.32%
ARKB:
-27.40%
IBIT:
-27.51%
ARKB:
-18.56%
IBIT:
-18.64%
Returns By Period
The year-to-date returns for both investments are quite close, with ARKB having a -6.98% return and IBIT slightly higher at -6.86%.
ARKB
-6.98%
1.07%
44.29%
31.51%
N/A
N/A
IBIT
-6.86%
1.04%
44.30%
31.41%
N/A
N/A
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ARKB vs. IBIT - Expense Ratio Comparison
ARKB has a 0.21% expense ratio, which is lower than IBIT'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%.
Risk-Adjusted Performance
ARKB vs. IBIT — Risk-Adjusted Performance Rank
ARKB
IBIT
ARKB vs. IBIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Bitcoin ETF (ARKB) and iShares Bitcoin Trust (IBIT). 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.
Dividends
ARKB vs. IBIT - Dividend Comparison
Neither ARKB nor IBIT has paid dividends to shareholders.
Drawdowns
ARKB vs. IBIT - Drawdown Comparison
The maximum ARKB drawdown since its inception was -27.40%, roughly equal to the maximum IBIT drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for ARKB and IBIT. For additional features, visit the drawdowns tool.
Volatility
ARKB vs. IBIT - Volatility Comparison
ARK 21Shares Bitcoin ETF (ARKB) and iShares Bitcoin Trust (IBIT) have volatilities of 16.61% and 16.90%, 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.