ARKF vs. BLCN

Last updated Jun 4, 2026

ARKF (ARK Fintech Innovation ETF) and BLCN (Siren ETF Trust Siren Nasdaq NexGen Economy ETF) are both exchange-traded funds - ARKF is a Blockchain fund actively managed by ARK, while BLCN is a Large Cap Blend Equities fund tracking the Siren NASDAQ Blockchain Economy Index. ARKF is actively managed, while BLCN is passively managed. Over the past 5 years, ARKF returned -4.19%/yr vs -9.77%/yr for BLCN. A 0.69 correlation means they provide meaningful diversification when combined. ARKF charges 0.75%/yr vs 0.68%/yr for BLCN.

Performance

ARKF vs. BLCN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Fintech Innovation ETF (ARKF) and Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKF achieves a -16.17% return, which is significantly lower than BLCN's 13.09% return.

ARKF

• 1D: -3.76%
• 1M: -7.12%
• YTD: -16.17%
• 6M: -20.39%
• 1Y: -4.73%
• 3Y*: 26.10%
• 5Y*: -4.19%
• 10Y*: —

BLCN

• 1D: 0.39%
• 1M: 10.42%
• YTD: 13.09%
• 6M: 10.14%
• 1Y: 27.10%
• 3Y*: 9.50%
• 5Y*: -9.77%
• 10Y*: —

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

ARKF vs. BLCN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ARKF ARK Fintech Innovation ETF	-16.17%	28.67%	34.34%	93.27%	-65.07%	-17.82%	108.03%	19.04%
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF	13.09%	-3.69%	5.62%	21.09%	-51.76%	4.86%	60.60%	20.30%

Correlation

The correlation between ARKF and BLCN is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (All Time) Calculated using the full available price history since Feb 5, 2019	0.69

The correlation between ARKF and BLCN shifts across timeframes, from 0.52 (1 year) to 0.69 (all time), reflecting how their relationship changes across market environments.

ARKF vs. BLCN - Sectors Allocation Comparison

Sectors	ARKF	BLCN
Technology	42.7%	57.1%
Financial Services	28.5%	7.3%
Consumer Cyclical	16.4%	4.4%
Communication Services	12.2%	3.5%
Healthcare	0.2%	-
Basic Materials	-	4.4%
Consumer Defensive	-	-
Energy	-	-
Industrials	-	16.0%
Real Estate	-	-
Utilities	-	4.2%

Return for Risk

ARKF vs. BLCN — Risk / Return Rank

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

ARKF

ARKF Risk / Return Rank: 7
ARKF Sharpe Ratio Rank: 7
ARKF Sortino Ratio Rank: 7
ARKF Omega Ratio Rank: 7
ARKF Calmar Ratio Rank: 7
ARKF Martin Ratio Rank: 8

BLCN

BLCN Risk / Return Rank: 21
BLCN Sharpe Ratio Rank: 21
BLCN Sortino Ratio Rank: 23
BLCN Omega Ratio Rank: 23
BLCN Calmar Ratio Rank: 21
BLCN Martin Ratio Rank: 18

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.

ARKF vs. BLCN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Fintech Innovation ETF (ARKF) and Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN). 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.

	ARKF	BLCN	Difference
Sharpe ratio: Return per unit of total volatility	-0.14	0.76	-0.90
Sortino ratio: Return per unit of downside risk	0.03	1.25	-1.22
Omega ratio: Gain probability vs. loss probability	1.00	1.15	-0.15
Calmar ratio: Return relative to maximum drawdown	-0.12	0.92	-1.05
Martin ratio: Return relative to average drawdown	-0.23	1.97	-2.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARKF vs. BLCN - Sharpe Ratio Comparison

The current ARKF Sharpe Ratio is -0.14, which is lower than the BLCN Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of ARKF and BLCN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ARKF	BLCN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.14	0.76	-0.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	-0.28	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.08	+0.17

Drawdowns

ARKF vs. BLCN - Drawdown Comparison

The maximum ARKF drawdown since its inception was -78.63%, which is greater than BLCN's maximum drawdown of -67.51%. Use the drawdown chart below to compare losses from any high point for ARKF and BLCN.

Drawdown Indicators

	ARKF	BLCN	Difference
Max Drawdown Largest peak-to-trough decline	-78.63%	-67.51%	-11.12%
Max Drawdown (1Y) Largest decline over 1 year	-38.50%	-29.53%	-8.97%
Max Drawdown (3Y) Largest decline over 3 years	-38.50%	-45.26%	+6.76%
Max Drawdown (5Y) Largest decline over 5 years	-75.30%	-67.51%	-7.79%
Current Drawdown Current decline from peak	-37.16%	-45.11%	+7.95%
Average Drawdown Average peak-to-trough decline	-34.96%	-30.29%	-4.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.22%	13.82%	+6.40%

Volatility

ARKF vs. BLCN - Volatility Comparison

The current volatility for ARK Fintech Innovation ETF (ARKF) is 8.36%, while Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) has a volatility of 14.45%. This indicates that ARKF experiences smaller price fluctuations and is considered to be less risky than BLCN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARKF	BLCN	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.36%	14.45%	-6.09%
Volatility (6M) Calculated over the trailing 6-month period	24.47%	29.11%	-4.64%
Volatility (1Y) Calculated over the trailing 1-year period	33.66%	36.03%	-2.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.79%	34.93%	+7.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.77%	31.22%	+8.55%

ARKF vs. BLCN - Expense Ratio Comparison

ARKF has a 0.75% expense ratio, which is higher than BLCN's 0.68% expense ratio.

Dividends

ARKF vs. BLCN - Dividend Comparison

ARKF's dividend yield for the trailing twelve months is around 0.11%, less than BLCN's 2.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
ARKF ARK Fintech Innovation ETF	0.11%	0.09%	0.00%	0.00%	0.00%	0.00%	0.37%	1.25%	0.00%
BLCN Siren ETF Trust Siren Nasdaq NexGen Economy ETF	2.66%	3.01%	0.67%	0.54%	1.28%	0.56%	0.58%	1.45%	1.16%

Frequently Asked Questions

Can I hold both ARKF and BLCN in my portfolio?

ARKF and BLCN have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARKF or BLCN?

BLCN has higher volatility (14.45%) compared to ARKF (8.36%). In terms of maximum drawdown, ARKF dropped -78.63% vs BLCN's -67.51%.

Which ETF is better, ARKF or BLCN?

On 5-year performance, ARKF leads with -4.19% vs -9.77% for BLCN. On fees, BLCN is cheaper at 0.68% per year. On volatility, ARKF has been the lower-risk option at 8.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ARKF or BLCN?

Over the 5-year period, ARKF has performed better with a -4.19% return vs -9.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ARKF or BLCN?

BLCN is cheaper with a 0.68% expense ratio, compared with 0.75% for ARKF.

Which ETF pays a higher dividend yield, ARKF or BLCN?

BLCN has the higher dividend yield at 2.66%, compared with 0.11% for ARKF.

What is the main difference between ARKF and BLCN?

ARKF is categorized as Blockchain, while BLCN is Large Cap Blend Equities. They also come from different issuers: ARK and SRN Advisors. Their fees differ too: 0.75% for ARKF and 0.68% for BLCN.

Which has better risk-adjusted returns?

BLCN currently has the higher Sharpe Ratio (0.76 vs -0.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.