ARKF vs. IREG

Last updated Jun 4, 2026

ARKF (ARK Fintech Innovation ETF) and IREG (Leverage Shares 2X Long IREN Daily ETF) are both exchange-traded funds - ARKF is a Blockchain fund actively managed by ARK, while IREG is a Leveraged Equities fund actively managed by Leverage Shares. Both are actively managed. A 0.50 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

ARKF vs. IREG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Fintech Innovation ETF (ARKF) and Leverage Shares 2X Long IREN Daily ETF (IREG). 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 IREG's 76.42% return.

ARKF

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

IREG

• 1D: -3.13%
• 1M: 56.03%
• YTD: 76.42%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARKF vs. IREG - Yearly Performance Comparison

	2026 (YTD)	2025
ARKF ARK Fintech Innovation ETF	-16.17%	-2.51%
IREG Leverage Shares 2X Long IREN Daily ETF	76.42%	3.65%

Correlation

The correlation between ARKF and IREG is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 17, 2025	0.50

Return for Risk

ARKF vs. IREG — 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

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. IREG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Fintech Innovation ETF (ARKF) and Leverage Shares 2X Long IREN Daily ETF (IREG). 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	IREG	Difference
Sharpe ratio: Return per unit of total volatility	-0.14	—	—
Sortino ratio: Return per unit of downside risk	0.03	—	—
Omega ratio: Gain probability vs. loss probability	1.00	—	—
Calmar ratio: Return relative to maximum drawdown	-0.12	—	—
Martin ratio: Return relative to average drawdown	-0.23	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ARKF	IREG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.14	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	1.33	-1.08

Drawdowns

ARKF vs. IREG - Drawdown Comparison

The maximum ARKF drawdown since its inception was -78.63%, roughly equal to the maximum IREG drawdown of -80.08%. Use the drawdown chart below to compare losses from any high point for ARKF and IREG.

Drawdown Indicators

	ARKF	IREG	Difference
Max Drawdown Largest peak-to-trough decline	-78.63%	-80.08%	+1.45%
Max Drawdown (1Y) Largest decline over 1 year	-38.50%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-38.50%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-75.30%	—	—
Current Drawdown Current decline from peak	-37.16%	-29.69%	-7.47%
Average Drawdown Average peak-to-trough decline	-34.96%	-44.09%	+9.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.22%	—	—

Volatility

Volatility by Period

	ARKF	IREG	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.36%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.47%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	33.66%	208.00%	-174.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.79%	208.00%	-165.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.77%	208.00%	-168.23%

ARKF vs. IREG - Expense Ratio Comparison

Both ARKF and IREG have an expense ratio of 0.75%.

Dividends

ARKF vs. IREG - Dividend Comparison

ARKF's dividend yield for the trailing twelve months is around 0.11%, while IREG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ARKF ARK Fintech Innovation ETF	0.11%	0.09%	0.00%	0.00%	0.00%	0.00%	0.37%	1.25%
IREG Leverage Shares 2X Long IREN Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ARKF and IREG in my portfolio?

ARKF and IREG have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ARKF or IREG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARKF or IREG?

ARKF and IREG have the same expense ratio: 0.75% per year.

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

ARKF has the higher dividend yield at 0.11%, compared with 0.00% for IREG.

What is the main difference between ARKF and IREG?

ARKF is categorized as Blockchain, while IREG is Leveraged Equities. They also come from different issuers: ARK and Leverage Shares.