ARKG vs. ARKB

Last updated Jul 17, 2026

ARKG (ARK Genomic Revolution Multi-Sector ETF) and ARKB (ARK 21Shares Bitcoin ETF) are both exchange-traded funds - ARKG is a Health & Biotech Equities fund actively managed by ARK, while ARKB is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. ARKG is actively managed, while ARKB is passively managed. Over the past year, ARKG returned 61.13% vs -46.25% for ARKB. At a 0.37 correlation, their price movements are largely independent. ARKG charges 0.75%/yr vs 0.21%/yr for ARKB.

Performance

ARKG vs. ARKB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Genomic Revolution Multi-Sector ETF (ARKG) and ARK 21Shares Bitcoin ETF (ARKB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARKG achieves a 38.38% return, which is significantly higher than ARKB's -26.62% return.

ARKG

• 1D: -2.74%
• 1M: 14.94%
• 6M: 25.05%
• YTD: 38.38%
• 1Y: 61.13%
• 3Y*: 2.52%
• 5Y*: -13.41%
• 10Y*: 9.02%

ARKB

• 1D: -1.11%
• 1M: -2.11%
• 6M: -32.63%
• YTD: -26.62%
• 1Y: -46.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARKG vs. ARKB - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ARKG ARK Genomic Revolution Multi-Sector ETF	38.38%	23.04%	-26.95%
ARKB ARK 21Shares Bitcoin ETF	-26.62%	-6.59%	86.54%

Correlation

The correlation between ARKG and ARKB is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.37

Return for Risk

ARKG vs. ARKB — Risk / Return Rank

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

ARKG

ARKG Risk / Return Rank: 49
ARKG Sharpe Ratio Rank: 51
ARKG Sortino Ratio Rank: 54
ARKG Omega Ratio Rank: 45
ARKG Calmar Ratio Rank: 55
ARKG Martin Ratio Rank: 41

ARKB

ARKB Risk / Return Rank: 2
ARKB Sharpe Ratio Rank: 1
ARKB Sortino Ratio Rank: 1
ARKB Omega Ratio Rank: 2
ARKB Calmar Ratio Rank: 2
ARKB Martin Ratio Rank: 2

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.

ARKG vs. ARKB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Genomic Revolution Multi-Sector ETF (ARKG) and ARK 21Shares Bitcoin ETF (ARKB). 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.

	ARKG	ARKB	Difference
Sharpe ratio: Return per unit of total volatility	1.43	-1.05	+2.48
Sortino ratio: Return per unit of downside risk	2.13	-1.59	+3.73
Omega ratio: Gain probability vs. loss probability	1.24	0.82	+0.42
Calmar ratio: Return relative to maximum drawdown	2.23	-0.87	+3.10
Martin ratio: Return relative to average drawdown	5.32	-1.40	+6.71

ARKG vs. ARKB - Sharpe Ratio Comparison

The current ARKG Sharpe Ratio is 1.43, which is higher than the ARKB Sharpe Ratio of -1.05. The chart below compares the historical Sharpe Ratios of ARKG and ARKB, 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

ARKG vs. ARKB - Drawdown Comparison

The maximum ARKG drawdown since its inception was -83.59%, which is greater than ARKB's maximum drawdown of -53.33%. Use the drawdown chart below to compare losses from any high point for ARKG and ARKB.

Drawdown Indicators

	ARKG	ARKB	Difference
Max Drawdown Largest peak-to-trough decline	-83.59%	-53.33%	-30.26%
Max Drawdown (1Y) Largest decline over 1 year	-27.51%	-53.33%	+25.82%
Max Drawdown (3Y) Largest decline over 3 years	-51.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-79.26%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-83.59%	—	—
Current Drawdown Current decline from peak	-64.13%	-48.90%	-15.23%
Average Drawdown Average peak-to-trough decline	-36.16%	-17.73%	-18.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.54%	33.10%	-21.56%

Volatility

ARKG vs. ARKB - Volatility Comparison

ARK Genomic Revolution Multi-Sector ETF (ARKG) has a higher volatility of 12.43% compared to ARK 21Shares Bitcoin ETF (ARKB) at 10.75%. This indicates that ARKG's price experiences larger fluctuations and is considered to be riskier than ARKB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARKG	ARKB	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.43%	10.75%	+1.68%
Volatility (6M) Calculated over the trailing 6-month period	31.47%	34.69%	-3.22%
Volatility (1Y) Calculated over the trailing 1-year period	42.93%	44.21%	-1.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.12%	49.74%	-3.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.39%	49.74%	-8.35%

ARKG vs. ARKB - Expense Ratio Comparison

ARKG has a 0.75% expense ratio, which is higher than ARKB's 0.21% expense ratio.

Dividends

ARKG vs. ARKB - Dividend Comparison

Neither ARKG nor ARKB has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARKB ARK 21Shares Bitcoin ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ARKG ARK Genomic Revolution Multi-Sector ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.62%	0.85%	3.14%	0.82%	1.34%

Frequently Asked Questions

Can I hold both ARKG and ARKB in my portfolio?

ARKG and ARKB have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARKG or ARKB?

ARKG has higher volatility (12.43%) compared to ARKB (10.75%). In terms of maximum drawdown, ARKG dropped -83.59% vs ARKB's -53.33%.

Which ETF is better, ARKG or ARKB?

On 1-year performance, ARKG leads with 61.13% vs -46.25% for ARKB. On fees, ARKB is cheaper at 0.21% per year. On volatility, ARKB has been the lower-risk option at 10.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ARKG or ARKB?

Over the 1-year period, ARKG has performed better with a 61.13% return vs -46.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ARKG or ARKB?

ARKB is cheaper with a 0.21% expense ratio, compared with 0.75% for ARKG.

Which ETF pays a higher dividend yield, ARKG or ARKB?

ARKG and ARKB have nearly identical dividend yields, around 0.00%.

What is the main difference between ARKG and ARKB?

ARKG is categorized as Health & Biotech Equities, while ARKB is Cryptocurrency. Their fees differ too: 0.75% for ARKG and 0.21% for ARKB.

Which has better risk-adjusted returns?

ARKG currently has the higher Sharpe Ratio (1.43 vs -1.05), 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.