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ARKD vs. BITC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

ARKD vs. BITC - 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 Bitwise Bitcoin Strategy Optimum Roll ETF (BITC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


ARKD

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

BITC

1D
-0.04%
1M
-6.33%
YTD
6.94%
6M
-0.82%
1Y
-15.12%
3Y*
39.11%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

ARKD vs. BITC - Yearly Performance Comparison


Correlation

The correlation between ARKD and BITC is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.44

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Return for Risk

ARKD vs. BITC — Risk / Return Rank

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

ARKD

BITC
BITC Risk / Return Rank: 44
Overall Rank
BITC Sharpe Ratio Rank: 44
Sharpe Ratio Rank
BITC Sortino Ratio Rank: 44
Sortino Ratio Rank
BITC Omega Ratio Rank: 33
Omega Ratio Rank
BITC Calmar Ratio Rank: 44
Calmar Ratio Rank
BITC Martin Ratio Rank: 55
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. BITC - 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 Bitwise Bitcoin Strategy Optimum Roll ETF (BITC). 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. BITC - Sharpe Ratio Comparison


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Sharpe Ratios by Period


ARKDBITCDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.59

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.04

0.68

-0.71

Drawdowns

ARKD vs. BITC - Drawdown Comparison

The maximum ARKD drawdown since its inception was -14.03%, smaller than the maximum BITC drawdown of -38.51%. Use the drawdown chart below to compare losses from any high point for ARKD and BITC.


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Drawdown Indicators


ARKDBITCDifference

Max Drawdown

Largest peak-to-trough decline

-14.03%

-38.51%

+24.48%

Max Drawdown (1Y)

Largest decline over 1 year

-26.51%

Max Drawdown (3Y)

Largest decline over 3 years

-38.51%

Current Drawdown

Current decline from peak

-2.83%

-26.50%

+23.67%

Average Drawdown

Average peak-to-trough decline

-6.18%

-16.38%

+10.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.41%

Volatility

ARKD vs. BITC - Volatility Comparison


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Volatility by Period


ARKDBITCDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.92%

Volatility (6M)

Calculated over the trailing 6-month period

19.98%

Volatility (1Y)

Calculated over the trailing 1-year period

19.90%

25.54%

-5.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.90%

46.63%

-26.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.90%

46.63%

-26.73%

ARKD vs. BITC - Expense Ratio Comparison

ARKD has a 0.90% expense ratio, which is higher than BITC's 0.88% expense ratio.


Dividends

ARKD vs. BITC - Dividend Comparison

ARKD has not paid dividends to shareholders, while BITC's dividend yield for the trailing twelve months is around 3.14%.


PositionTTM202520242023
ARKD
ARK 21Shares Digital Asset and Blockchain Strategy ETF
0.00%0.00%0.00%0.00%
BITC
Bitwise Bitcoin Strategy Optimum Roll ETF
3.14%3.36%42.68%5.82%

Frequently Asked Questions


ARKD and BITC have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, BITC is cheaper at 0.88% per year. The better choice depends on whether you care most about return, fees, risk, or income.

BITC is cheaper with a 0.88% expense ratio, compared with 0.90% for ARKD.

BITC has the higher dividend yield at 3.14%, compared with 0.00% for ARKD.

They also come from different issuers: ARK and Bitwise. Their fees differ too: 0.90% for ARKD and 0.88% for BITC.

Portfolio Optimizer

Find the right allocation for ARKD and BITC

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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