ARKD vs. ARKK

Last updated Jun 5, 2026

ARKD (ARK 21Shares Digital Asset and Blockchain Strategy ETF) and ARKK (ARK Innovation ETF) are both exchange-traded funds - ARKD is a Cryptocurrency fund actively managed by ARK, while ARKK is a Technology Equities fund actively managed by ARK. Both are actively managed. With a 0.98 correlation, they move nearly in lockstep. ARKD charges 0.90%/yr vs 0.75%/yr for ARKK.

Performance

ARKD vs. ARKK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD) and ARK Innovation ETF (ARKK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ARKD

• 1D: 1.76%
• 1M: 2.65%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARKK

• 1D: 2.44%
• 1M: 4.56%
• YTD: 4.10%
• 6M: -3.12%
• 1Y: 38.10%
• 3Y*: 24.28%
• 5Y*: -5.81%
• 10Y*: 15.82%

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

ARKD vs. ARKK - Yearly Performance Comparison

	2026 (YTD)
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	-0.32%
ARKK ARK Innovation ETF	2.25%

Correlation

The correlation between ARKD and ARKK is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 5, 2026	0.98

Return for Risk

ARKD vs. ARKK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARKK

ARKK Risk / Return Rank: 28
ARKK Sharpe Ratio Rank: 30
ARKK Sortino Ratio Rank: 31
ARKK Omega Ratio Rank: 28
ARKK Calmar Ratio Rank: 26
ARKK Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARKD vs. ARKK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD) and ARK Innovation ETF (ARKK). 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.

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

Sharpe Ratios by Period

	ARKD	ARKK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.05	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.13	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.39	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	0.35	-0.39

Drawdowns

ARKD vs. ARKK - Drawdown Comparison

The maximum ARKD drawdown since its inception was -14.03%, smaller than the maximum ARKK drawdown of -80.97%. Use the drawdown chart below to compare losses from any high point for ARKD and ARKK.

Drawdown Indicators

	ARKD	ARKK	Difference
Max Drawdown Largest peak-to-trough decline	-14.03%	-80.97%	+66.94%
Max Drawdown (1Y) Largest decline over 1 year	—	-31.35%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-39.56%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-77.23%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-80.97%	—
Current Drawdown Current decline from peak	-2.83%	-48.15%	+45.32%
Average Drawdown Average peak-to-trough decline	-6.18%	-30.13%	+23.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	14.09%	—

Volatility

Volatility by Period

	ARKD	ARKK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.47%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.18%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.90%	36.42%	-16.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.90%	46.29%	-26.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.90%	40.26%	-20.36%

ARKD vs. ARKK - Expense Ratio Comparison

ARKD has a 0.90% expense ratio, which is higher than ARKK's 0.75% expense ratio.

Dividends

ARKD vs. ARKK - Dividend Comparison

Neither ARKD nor ARKK has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKD ARK 21Shares Digital Asset and Blockchain Strategy 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%
ARKK ARK Innovation ETF	0.00%	0.00%	0.00%	0.70%	0.00%	0.55%	1.64%	0.38%	3.14%	1.32%	0.00%	2.27%

Frequently Asked Questions

Can I hold both ARKD and ARKK in my portfolio?

With a correlation of 0.98, ARKD and ARKK move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ARKD or ARKK?

On fees, ARKK is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARKD or ARKK?

ARKK is cheaper with a 0.75% expense ratio, compared with 0.90% for ARKD.

Which ETF pays a higher dividend yield, ARKD or ARKK?

ARKD and ARKK have nearly identical dividend yields, around 0.00%.

What is the main difference between ARKD and ARKK?

ARKD is categorized as Cryptocurrency, while ARKK is Technology Equities. Their fees differ too: 0.90% for ARKD and 0.75% for ARKK.