ARKD vs. CEPI

Last updated Jul 12, 2026

ARKD (ARK 21Shares Digital Asset and Blockchain Strategy ETF) and CEPI (REX Crypto Equity Premium Income ETF) are both Cryptocurrency funds. Both are actively managed. Their correlation of 0.82 suggests significant overlap in exposure. ARKD charges 0.90%/yr vs 0.85%/yr for CEPI.

Performance

ARKD vs. CEPI - 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 REX Crypto Equity Premium Income ETF (CEPI). 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*: —

CEPI

• 1D: -0.41%
• 1M: -2.25%
• 6M: 13.96%
• YTD: 18.82%
• 1Y: 21.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARKD vs. CEPI - Yearly Performance Comparison

	2026 (YTD)
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	0.21%
CEPI REX Crypto Equity Premium Income ETF	18.82%

Correlation

The correlation between ARKD and CEPI is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 2, 2026	0.82

Return for Risk

ARKD vs. CEPI — 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.

CEPI

CEPI Risk / Return Rank: 24
CEPI Sharpe Ratio Rank: 25
CEPI Sortino Ratio Rank: 25
CEPI Omega Ratio Rank: 26
CEPI Calmar Ratio Rank: 24
CEPI Martin Ratio Rank: 22

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. CEPI - 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 REX Crypto Equity Premium Income ETF (CEPI). 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	CEPI	Difference
Sharpe ratio: Return per unit of total volatility	—	0.75	—
Sortino ratio: Return per unit of downside risk	—	1.16	—
Omega ratio: Gain probability vs. loss probability	—	1.15	—
Calmar ratio: Return relative to maximum drawdown	—	0.93	—
Martin ratio: Return relative to average drawdown	—	2.20	—

Drawdowns

ARKD vs. CEPI - Drawdown Comparison

The maximum ARKD drawdown since its inception was -14.03%, smaller than the maximum CEPI drawdown of -29.48%. Use the drawdown chart below to compare losses from any high point for ARKD and CEPI.

Drawdown Indicators

	ARKD	CEPI	Difference
Max Drawdown Largest peak-to-trough decline	-14.03%	-29.48%	+15.45%
Max Drawdown (1Y) Largest decline over 1 year	—	-22.47%	—
Current Drawdown Current decline from peak	-3.08%	-4.64%	+1.56%
Average Drawdown Average peak-to-trough decline	-5.76%	-8.30%	+2.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.50%	—

Volatility

Volatility by Period

	ARKD	CEPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.17%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.98%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.15%	27.84%	-7.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.15%	31.50%	-11.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.15%	31.50%	-11.35%

ARKD vs. CEPI - Expense Ratio Comparison

ARKD has a 0.90% expense ratio, which is higher than CEPI's 0.85% expense ratio.

Dividends

ARKD vs. CEPI - Dividend Comparison

ARKD has not paid dividends to shareholders, while CEPI's dividend yield for the trailing twelve months is around 45.23%.

Position	TTM	2025
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	0.00%	0.00%
CEPI REX Crypto Equity Premium Income ETF	45.23%	50.78%

Frequently Asked Questions

Can I hold both ARKD and CEPI in my portfolio?

ARKD and CEPI have a correlation of 0.82, 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 CEPI?

On fees, CEPI is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARKD or CEPI?

CEPI is cheaper with a 0.85% expense ratio, compared with 0.90% for ARKD.

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

CEPI has the higher dividend yield at 45.23%, compared with 0.00% for ARKD.

What is the main difference between ARKD and CEPI?

They also come from different issuers: ARK and REX. Their fees differ too: 0.90% for ARKD and 0.85% for CEPI.