ARKD vs. BITO
Compare and contrast key facts about ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD) and ProShares Bitcoin Strategy ETF (BITO).
ARKD and BITO 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. BITO is an actively managed fund by ProShares. It was launched on Oct 19, 2021.
Performance
ARKD vs. BITO - Performance Comparison
Loading graphics...
ARKD vs. BITO - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF | -8.11% |
BITO ProShares Bitcoin Strategy ETF | -24.71% |
Returns By Period
ARKD
- 1D
- 1.22%
- 1M
- -3.67%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BITO
- 1D
- 0.60%
- 1M
- -1.72%
- YTD
- -22.79%
- 6M
- -43.10%
- 1Y
- -23.27%
- 3Y*
- 24.87%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ARKD vs. BITO - Expense Ratio Comparison
ARKD has a 0.90% expense ratio, which is lower than BITO's 0.95% expense ratio.
Return for Risk
ARKD vs. BITO — Risk / Return Rank
ARKD
BITO
ARKD vs. BITO - 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 ProShares Bitcoin Strategy ETF (BITO). 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.
Loading graphics...
Sharpe Ratios by Period
| ARKD | BITO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -1.42 | -0.08 | -1.34 |
Correlation
The correlation between ARKD and BITO is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
ARKD vs. BITO - Dividend Comparison
ARKD has not paid dividends to shareholders, while BITO's dividend yield for the trailing twelve months is around 80.47%.
| TTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF | 0.00% | 0.00% | 0.00% | 0.00% |
BITO ProShares Bitcoin Strategy ETF | 80.47% | 78.29% | 61.59% | 15.14% |
Drawdowns
ARKD vs. BITO - Drawdown Comparison
The maximum ARKD drawdown since its inception was -14.03%, smaller than the maximum BITO drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for ARKD and BITO.
Loading graphics...
Drawdown Indicators
| ARKD | BITO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.03% | -77.86% | +63.83% |
Max Drawdown (1Y)Largest decline over 1 year | — | -50.05% | — |
Current DrawdownCurrent decline from peak | -10.43% | -46.75% | +36.32% |
Average DrawdownAverage peak-to-trough decline | -6.73% | -36.57% | +29.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 23.73% | — |
Volatility
ARKD vs. BITO - Volatility Comparison
Loading graphics...
Volatility by Period
| ARKD | BITO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 12.84% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 36.71% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.96% | 45.32% | -24.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.96% | 55.77% | -34.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.96% | 55.77% | -34.81% |