ARKF vs. TOXR

Last updated Jun 24, 2026

ARKF (ARK Fintech Innovation ETF) and TOXR (21Shares XRP ETF) are both exchange-traded funds - ARKF is a Blockchain fund actively managed by ARK, while TOXR is a Cryptocurrency fund tracking the CME CF XRP-Dollar Reference Rate - New York Variant. ARKF is actively managed, while TOXR is passively managed. A 0.65 correlation means they provide meaningful diversification when combined. ARKF charges 0.75%/yr vs 0.30%/yr for TOXR.

Performance

ARKF vs. TOXR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Fintech Innovation ETF (ARKF) and 21Shares XRP ETF (TOXR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKF achieves a -18.35% return, which is significantly higher than TOXR's -39.89% return.

ARKF

• 1D: -1.37%
• 1M: -4.80%
• YTD: -18.35%
• 6M: -20.79%
• 1Y: -19.31%
• 3Y*: 24.85%
• 5Y*: -6.28%
• 10Y*: —

TOXR

• 1D: -2.98%
• 1M: -17.51%
• YTD: -39.89%
• 6M: -41.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARKF vs. TOXR - Yearly Performance Comparison

	2026 (YTD)	2025
ARKF ARK Fintech Innovation ETF	-18.35%	-6.25%
TOXR 21Shares XRP ETF	-39.89%	-8.28%

Correlation

The correlation between ARKF and TOXR is 0.65, 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 11, 2025	0.65

Return for Risk

ARKF vs. TOXR — 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: 4
ARKF Sortino Ratio Rank: 4
ARKF Omega Ratio Rank: 4
ARKF Calmar Ratio Rank: 5
ARKF Martin Ratio Rank: 5

TOXR

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

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. TOXR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Fintech Innovation ETF (ARKF) and 21Shares XRP ETF (TOXR). 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	TOXR	Difference
Sharpe ratio: Return per unit of total volatility	-0.58	—	—
Sortino ratio: Return per unit of downside risk	-0.63	—	—
Omega ratio: Gain probability vs. loss probability	0.93	—	—
Calmar ratio: Return relative to maximum drawdown	-0.50	—	—
Martin ratio: Return relative to average drawdown	-0.90	—	—

Drawdowns

ARKF vs. TOXR - Drawdown Comparison

The maximum ARKF drawdown since its inception was -78.63%, which is greater than TOXR's maximum drawdown of -52.62%. Use the drawdown chart below to compare losses from any high point for ARKF and TOXR.

Drawdown Indicators

	ARKF	TOXR	Difference
Max Drawdown Largest peak-to-trough decline	-78.63%	-52.62%	-26.01%
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	-38.80%	-52.46%	+13.66%
Average Drawdown Average peak-to-trough decline	-34.96%	-33.09%	-1.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.58%	—	—

Volatility

Volatility by Period

	ARKF	TOXR	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.86%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	33.47%	73.62%	-40.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.93%	73.62%	-30.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.75%	73.62%	-33.87%

ARKF vs. TOXR - Expense Ratio Comparison

ARKF has a 0.75% expense ratio, which is higher than TOXR's 0.30% expense ratio.

Dividends

ARKF vs. TOXR - Dividend Comparison

ARKF's dividend yield for the trailing twelve months is around 0.11%, while TOXR 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%
TOXR 21Shares XRP 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 TOXR in my portfolio?

ARKF and TOXR have a correlation of 0.65, 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 TOXR?

On fees, TOXR is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARKF or TOXR?

TOXR is cheaper with a 0.30% expense ratio, compared with 0.75% for ARKF.

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

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

What is the main difference between ARKF and TOXR?

ARKF is categorized as Blockchain, while TOXR is Cryptocurrency. They also come from different issuers: ARK and 21Shares. Their fees differ too: 0.75% for ARKF and 0.30% for TOXR.