ARKD vs. BFOC

Last updated Jun 5, 2026

ARKD (ARK 21Shares Digital Asset and Blockchain Strategy ETF) and BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) are both exchange-traded funds - ARKD is a Cryptocurrency fund actively managed by ARK, while BFOC is a Defined Outcome fund actively managed by First Trust. Both are actively managed. A 0.61 correlation means they provide meaningful diversification when combined. Both charge a 0.90% expense ratio.

Performance

ARKD vs. BFOC - 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 FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC). 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*: —

BFOC

• 1D: 0.00%
• 1M: -3.29%
• YTD: -7.39%
• 6M: -9.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARKD vs. BFOC - Yearly Performance Comparison

	2026 (YTD)
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	-0.32%
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-8.18%

Correlation

The correlation between ARKD and BFOC is 0.61, 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	0.61

Return for Risk

ARKD vs. BFOC - 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 FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC). 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	BFOC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	-1.87	+1.84

Drawdowns

ARKD vs. BFOC - Drawdown Comparison

The maximum ARKD drawdown since its inception was -14.03%, smaller than the maximum BFOC drawdown of -18.20%. Use the drawdown chart below to compare losses from any high point for ARKD and BFOC.

Drawdown Indicators

	ARKD	BFOC	Difference
Max Drawdown Largest peak-to-trough decline	-14.03%	-18.20%	+4.17%
Current Drawdown Current decline from peak	-2.83%	-18.20%	+15.37%
Average Drawdown Average peak-to-trough decline	-6.18%	-12.55%	+6.37%

Volatility

Volatility by Period

	ARKD	BFOC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.90%	12.57%	+7.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.90%	12.57%	+7.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.90%	12.57%	+7.33%

ARKD vs. BFOC - Expense Ratio Comparison

Both ARKD and BFOC have an expense ratio of 0.90%.

Dividends

ARKD vs. BFOC - Dividend Comparison

Neither ARKD nor BFOC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ARKD and BFOC in my portfolio?

ARKD and BFOC have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARKD or BFOC?

Both ETFs have the same 0.90% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARKD or BFOC?

ARKD and BFOC have the same expense ratio: 0.90% per year.

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

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

What is the main difference between ARKD and BFOC?

ARKD is categorized as Cryptocurrency, while BFOC is Defined Outcome. They also come from different issuers: ARK and First Trust.