ARKD vs. ARKX
ARKD (ARK 21Shares Digital Asset and Blockchain Strategy ETF) and ARKX (ARK Space Exploration & Innovation ETF) are both exchange-traded funds - ARKD is a Cryptocurrency fund actively managed by ARK, while ARKX is a Aerospace & Defense fund actively managed by ARK. Both are actively managed. A 0.77 correlation means they provide meaningful diversification when combined. ARKD charges 0.90%/yr vs 0.75%/yr for ARKX.
Performance
ARKD vs. ARKX - Performance Comparison
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Returns By Period
ARKD
- 1D
- 1.76%
- 1M
- 2.65%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARKX
- 1D
- 1.45%
- 1M
- 12.71%
- YTD
- 25.47%
- 6M
- 27.09%
- 1Y
- 71.59%
- 3Y*
- 37.08%
- 5Y*
- 11.85%
- 10Y*
- —
ARKD vs. ARKX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF | -0.32% |
ARKX ARK Space Exploration & Innovation ETF | 21.12% |
Correlation
The correlation between ARKD and ARKX is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 5, 2026 | 0.77 |
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Return for Risk
ARKD vs. ARKX — Risk / Return Rank
ARKD
ARKX
ARKD vs. ARKX - 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 Space Exploration & Innovation ETF (ARKX). 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.
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Sharpe Ratios by Period
| ARKD | ARKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.21 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.43 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.04 | 0.44 | -0.47 |
Drawdowns
ARKD vs. ARKX - Drawdown Comparison
The maximum ARKD drawdown since its inception was -14.03%, smaller than the maximum ARKX drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for ARKD and ARKX.
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Drawdown Indicators
| ARKD | ARKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.03% | -43.61% | +29.58% |
Max Drawdown (1Y)Largest decline over 1 year | — | -20.42% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -25.47% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.61% | — |
Current DrawdownCurrent decline from peak | -2.83% | -3.66% | +0.83% |
Average DrawdownAverage peak-to-trough decline | -6.18% | -19.97% | +13.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.57% | — |
Volatility
ARKD vs. ARKX - Volatility Comparison
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Volatility by Period
| ARKD | ARKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 10.97% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 25.02% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.90% | 32.49% | -12.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.90% | 27.72% | -7.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.90% | 27.42% | -7.52% |
ARKD vs. ARKX - Expense Ratio Comparison
ARKD has a 0.90% expense ratio, which is higher than ARKX's 0.75% expense ratio.
Dividends
ARKD vs. ARKX - Dividend Comparison
Neither ARKD nor ARKX has paid dividends to shareholders.
Frequently Asked Questions
ARKD and ARKX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ARKX is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ARKX is cheaper with a 0.75% expense ratio, compared with 0.90% for ARKD.
ARKD and ARKX have nearly identical dividend yields, around 0.00%.
ARKD is categorized as Cryptocurrency, while ARKX is Aerospace & Defense. Their fees differ too: 0.90% for ARKD and 0.75% for ARKX.
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