ARKF vs. SBIT

Last updated Jul 14, 2026

ARKF (ARK Fintech Innovation ETF) and SBIT (Proshares Ultrashort Bitcoin ETF) are both exchange-traded funds - ARKF is a Blockchain fund actively managed by ARK, while SBIT is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index (-200%). ARKF is actively managed, while SBIT is passively managed. Over the past year, ARKF returned -18.91% vs 124.12% for SBIT. At a correlation of -0.62, they often move in opposite directions. ARKF charges 0.75%/yr vs 0.95%/yr for SBIT.

Performance

ARKF vs. SBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Fintech Innovation ETF (ARKF) and Proshares Ultrashort Bitcoin ETF (SBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKF achieves a -13.25% return, which is significantly lower than SBIT's 44.00% return.

ARKF

• 1D: -0.74%
• 1M: 6.19%
• 6M: -16.15%
• YTD: -13.25%
• 1Y: -18.91%
• 3Y*: 20.97%
• 5Y*: -4.30%
• 10Y*: —

SBIT

• 1D: 5.38%
• 1M: 1.44%
• 6M: 58.27%
• YTD: 44.00%
• 1Y: 124.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARKF vs. SBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ARKF ARK Fintech Innovation ETF	-13.25%	28.67%	24.00%
SBIT Proshares Ultrashort Bitcoin ETF	44.00%	-25.11%	-73.74%

Correlation

The correlation between ARKF and SBIT is -0.68, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.68
Correlation (All Time) Calculated using the full available price history since Apr 2, 2024	-0.62

The correlation between ARKF and SBIT has been stable across timeframes, ranging from -0.68 to -0.62 - a consistent structural relationship.

Return for Risk

ARKF vs. SBIT — Risk / Return Rank

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

ARKF

ARKF Risk / Return Rank: 5
ARKF Sharpe Ratio Rank: 5
ARKF Sortino Ratio Rank: 5
ARKF Omega Ratio Rank: 5
ARKF Calmar Ratio Rank: 5
ARKF Martin Ratio Rank: 5

SBIT

SBIT Risk / Return Rank: 52
SBIT Sharpe Ratio Rank: 51
SBIT Sortino Ratio Rank: 52
SBIT Omega Ratio Rank: 48
SBIT Calmar Ratio Rank: 66
SBIT Martin Ratio Rank: 45

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. SBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Fintech Innovation ETF (ARKF) and Proshares Ultrashort Bitcoin ETF (SBIT). 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.

	ARKF	SBIT	Difference
Sharpe ratio: Return per unit of total volatility	-0.56	1.41	-1.98
Sortino ratio: Return per unit of downside risk	-0.61	2.05	-2.66
Omega ratio: Gain probability vs. loss probability	0.93	1.25	-0.32
Calmar ratio: Return relative to maximum drawdown	-0.49	2.60	-3.10
Martin ratio: Return relative to average drawdown	-0.83	5.92	-6.76

ARKF vs. SBIT - Sharpe Ratio Comparison

The current ARKF Sharpe Ratio is -0.56, which is lower than the SBIT Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of ARKF and SBIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ARKF vs. SBIT - Drawdown Comparison

The maximum ARKF drawdown since its inception was -78.63%, smaller than the maximum SBIT drawdown of -91.35%. Use the drawdown chart below to compare losses from any high point for ARKF and SBIT.

Drawdown Indicators

	ARKF	SBIT	Difference
Max Drawdown Largest peak-to-trough decline	-78.63%	-91.35%	+12.72%
Max Drawdown (1Y) Largest decline over 1 year	-38.50%	-47.94%	+9.44%
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	-34.97%	-77.15%	+42.18%
Average Drawdown Average peak-to-trough decline	-34.97%	-68.83%	+33.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.71%	21.04%	+1.67%

Volatility

ARKF vs. SBIT - Volatility Comparison

The current volatility for ARK Fintech Innovation ETF (ARKF) is 8.81%, while Proshares Ultrashort Bitcoin ETF (SBIT) has a volatility of 22.98%. This indicates that ARKF experiences smaller price fluctuations and is considered to be less risky than SBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARKF	SBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.81%	22.98%	-14.17%
Volatility (6M) Calculated over the trailing 6-month period	25.64%	68.89%	-43.25%
Volatility (1Y) Calculated over the trailing 1-year period	33.71%	88.51%	-54.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.98%	96.89%	-53.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.68%	96.89%	-57.21%

ARKF vs. SBIT - Expense Ratio Comparison

ARKF has a 0.75% expense ratio, which is lower than SBIT's 0.95% expense ratio.

Dividends

ARKF vs. SBIT - Dividend Comparison

ARKF's dividend yield for the trailing twelve months is around 0.10%, less than SBIT's 3.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ARKF ARK Fintech Innovation ETF	0.10%	0.09%	0.00%	0.00%	0.00%	0.00%	0.37%	1.25%
SBIT Proshares Ultrashort Bitcoin ETF	3.97%	0.52%	1.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ARKF and SBIT in my portfolio?

ARKF and SBIT have a correlation of -0.68, 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 SBIT?

SBIT has higher volatility (22.98%) compared to ARKF (8.81%). In terms of maximum drawdown, ARKF dropped -78.63% vs SBIT's -91.35%.

Which ETF is better, ARKF or SBIT?

On 1-year performance, SBIT leads with 124.12% vs -18.91% for ARKF. On fees, ARKF is cheaper at 0.75% per year. On volatility, ARKF has been the lower-risk option at 8.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ARKF or SBIT?

Over the 1-year period, SBIT has performed better with a 124.12% return vs -18.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ARKF or SBIT?

ARKF is cheaper with a 0.75% expense ratio, compared with 0.95% for SBIT.

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

SBIT has the higher dividend yield at 3.97%, compared with 0.10% for ARKF.

What is the main difference between ARKF and SBIT?

ARKF is categorized as Blockchain, while SBIT is Cryptocurrency. They also come from different issuers: ARK and ProShares. Their fees differ too: 0.75% for ARKF and 0.95% for SBIT.

Which has better risk-adjusted returns?

SBIT currently has the higher Sharpe Ratio (1.41 vs -0.56), 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.