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ARKD vs. ARKW
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ARKD vs. ARKW

Last updated Apr 2, 2026

Compare and contrast key facts about ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD) and ARK Next Generation Internet ETF (ARKW).

ARKD and ARKW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKD is an actively managed fund by ARK. It was launched on Nov 14, 2023. ARKW is an actively managed fund by ARK. It was launched on Sep 30, 2014.

Performance

ARKD vs. ARKW - 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 Next Generation Internet ETF (ARKW). The values are adjusted to include any dividend payments, if applicable.

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ARKD vs. ARKW - Yearly Performance Comparison

2026 (YTD)
ARKD
ARK 21Shares Digital Asset and Blockchain Strategy ETF		-8.11%
ARKW
ARK Next Generation Internet ETF		-18.67%

Returns By Period

ARKD

1D
1.22%
1M
-3.67%
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

ARKW

1D
0.56%
1M
-4.66%
YTD
-17.90%
6M
-29.29%
1Y
27.20%
3Y*
31.95%
5Y*
-3.84%
10Y*
21.40%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

ARK 21Shares Digital Asset and Blockchain Strategy ETF

ARK Next Generation Internet ETF

Often compared with ARKD:
ARKD vs. LCRARKD vs. ARKBARKD vs. AAPLARKD vs. VTIARKD vs. SPYARKD vs. BTC-USDARKD vs. ARKF
Often compared with ARKW:
ARKW vs. ARKKARKW vs. ARKQARKW vs. QQQARKW vs. VOOARKW vs. ARKGARKW vs. SPYARKW vs. VGT

ARKD vs. ARKW - Expense Ratio Comparison

ARKD has a 0.90% expense ratio, which is higher than ARKW's 0.76% expense ratio.

ARKD
ARK 21Shares Digital Asset and Blockchain Strategy ETF
ARKW
ARK Next Generation Internet ETF

Return for Risk

ARKD vs. ARKW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ARKD
ARKW
ARKW Risk / Return Rank: 3535
Overall Rank
ARKW Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
ARKW Sortino Ratio Rank: 4242
Sortino Ratio Rank
ARKW Omega Ratio Rank: 3636
Omega Ratio Rank
ARKW Calmar Ratio Rank: 3232
Calmar Ratio Rank
ARKW Martin Ratio Rank: 2525
Martin Ratio Rank
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. ARKW - 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 Next Generation Internet ETF (ARKW). 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.

ARKD vs. ARKW - Sharpe Ratio Comparison

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Sharpe Ratios by Period

ARKDARKWDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

—

0.72

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

-0.09

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.57

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-1.42

0.53

-1.95

Correlation

The correlation between ARKD and ARKW is 0.93, 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.

Dividends

ARKD vs. ARKW - Dividend Comparison

ARKD has not paid dividends to shareholders, while ARKW's dividend yield for the trailing twelve months is around 1.94%.

TTM20252024202320222021202020192018201720162015
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%
ARKW
ARK Next Generation Internet ETF		1.94%1.59%0.00%0.00%0.00%0.17%1.29%0.00%13.05%2.05%0.00%2.29%

Drawdowns

ARKD vs. ARKW - Drawdown Comparison

The maximum ARKD drawdown since its inception was -14.03%, smaller than the maximum ARKW drawdown of -80.52%. Use the drawdown chart below to compare losses from any high point for ARKD and ARKW.

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Drawdown Indicators

ARKDARKWDifference

Max Drawdown

Largest peak-to-trough decline

-14.03%

-80.52%

+66.49%

Max Drawdown (1Y)

Largest decline over 1 year

—

-36.21%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-77.36%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-80.52%

—

Current Drawdown

Current decline from peak

-10.43%

-34.20%

+23.77%

Average Drawdown

Average peak-to-trough decline

-6.73%

-23.98%

+17.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

14.98%

—

Volatility

ARKD vs. ARKW - Volatility Comparison

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Volatility by Period

ARKDARKWDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

11.70%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

25.81%

—

Volatility (1Y)

Calculated over the trailing 1-year period

20.96%

37.79%

-16.83%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.96%

43.68%

-22.72%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.96%

37.55%

-16.59%