ARKD vs. BTRN

Last updated Jul 12, 2026

ARKD (ARK 21Shares Digital Asset and Blockchain Strategy ETF) and BTRN (Global X Bitcoin Trend Strategy ETF) are both Cryptocurrency funds. ARKD is actively managed, while BTRN is passively managed. At a 0.37 correlation, their price movements are largely independent. ARKD charges 0.90%/yr vs 0.95%/yr for BTRN.

Performance

ARKD vs. BTRN - 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 Global X Bitcoin Trend Strategy ETF (BTRN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ARKD

• 1D: -0.72%
• 1M: 3.05%
• 6M: -1.50%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTRN

• 1D: 0.32%
• 1M: -0.82%
• 6M: -9.62%
• YTD: -9.90%
• 1Y: -24.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARKD vs. BTRN - Yearly Performance Comparison

	2026 (YTD)
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	0.21%
BTRN Global X Bitcoin Trend Strategy ETF	-9.90%

Correlation

The correlation between ARKD and BTRN is 0.37, 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 2, 2026	0.37

Return for Risk

ARKD vs. BTRN — Risk / Return Rank

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

ARKD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BTRN

BTRN Risk / Return Rank: 1
BTRN Sharpe Ratio Rank: 0
BTRN Sortino Ratio Rank: 1
BTRN Omega Ratio Rank: 1
BTRN Calmar Ratio Rank: 2
BTRN Martin Ratio Rank: 2

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. BTRN - 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 Global X Bitcoin Trend Strategy ETF (BTRN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ARKD	BTRN	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.20	—
Sortino ratio: Return per unit of downside risk	—	-1.64	—
Omega ratio: Gain probability vs. loss probability	—	0.77	—
Calmar ratio: Return relative to maximum drawdown	—	-0.82	—
Martin ratio: Return relative to average drawdown	—	-1.29	—

Drawdowns

ARKD vs. BTRN - Drawdown Comparison

The maximum ARKD drawdown since its inception was -14.03%, smaller than the maximum BTRN drawdown of -36.97%. Use the drawdown chart below to compare losses from any high point for ARKD and BTRN.

Drawdown Indicators

	ARKD	BTRN	Difference
Max Drawdown Largest peak-to-trough decline	-14.03%	-36.97%	+22.94%
Max Drawdown (1Y) Largest decline over 1 year	—	-26.45%	—
Current Drawdown Current decline from peak	-3.08%	-25.80%	+22.72%
Average Drawdown Average peak-to-trough decline	-5.76%	-14.88%	+9.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	16.74%	—

Volatility

Volatility by Period

	ARKD	BTRN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.59%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.15%	18.09%	+2.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.15%	30.30%	-10.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.15%	30.30%	-10.15%

ARKD vs. BTRN - Expense Ratio Comparison

ARKD has a 0.90% expense ratio, which is lower than BTRN's 0.95% expense ratio.

Dividends

ARKD vs. BTRN - Dividend Comparison

ARKD has not paid dividends to shareholders, while BTRN's dividend yield for the trailing twelve months is around 31.16%.

Position	TTM	2025	2024
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	0.00%	0.00%	0.00%
BTRN Global X Bitcoin Trend Strategy ETF	31.16%	27.76%	2.56%

Frequently Asked Questions

Can I hold both ARKD and BTRN in my portfolio?

ARKD and BTRN have a correlation of 0.37, 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 BTRN?

On fees, ARKD is cheaper at 0.90% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARKD or BTRN?

ARKD is cheaper with a 0.90% expense ratio, compared with 0.95% for BTRN.

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

BTRN has the higher dividend yield at 31.16%, compared with 0.00% for ARKD.

What is the main difference between ARKD and BTRN?

They also come from different issuers: ARK and Global X. Their fees differ too: 0.90% for ARKD and 0.95% for BTRN.