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ARKK vs. BTC-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

ARKK vs. BTC-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Innovation ETF (ARKK) and Bitcoin (BTC-USD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ARKK achieves a -3.16% return, which is significantly higher than BTC-USD's -29.97% return. Over the past 10 years, ARKK has underperformed BTC-USD with an annualized return of 14.98%, while BTC-USD has yielded a comparatively higher 59.37% annualized return.


ARKK

1D
-6.97%
1M
-6.40%
YTD
-3.16%
6M
-9.06%
1Y
32.17%
3Y*
20.73%
5Y*
-7.16%
10Y*
14.98%

BTC-USD

1D
-3.97%
1M
-24.76%
YTD
-29.97%
6M
-31.42%
1Y
-39.67%
3Y*
31.02%
5Y*
11.35%
10Y*
59.37%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ARKK vs. BTC-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
ARKK
ARK Innovation ETF
-3.16%35.49%8.40%69.04%-66.97%-23.60%152.71%35.08%3.52%87.33%
BTC-USD
Bitcoin
-29.97%-6.27%120.76%155.82%-64.23%59.40%304.57%94.10%-73.37%1,324.24%

Correlation

The correlation between ARKK and BTC-USD is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.49

Correlation (3Y)
Calculated over the trailing 3-year period

0.39

Correlation (5Y)
Calculated over the trailing 5-year period

0.37

Correlation (10Y)
Calculated over the trailing 10-year period

0.24

Correlation (All Time)
Calculated using the full available price history since Nov 1, 2014

0.22

Over the past year, ARKK and BTC-USD have become more correlated (0.49) than their long-term average of 0.22, meaning their price movements have been converging.

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Return for Risk

ARKK vs. BTC-USD — Risk / Return Rank

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

ARKK
ARKK Risk / Return Rank: 2424
Overall Rank
ARKK Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
ARKK Sortino Ratio Rank: 2626
Sortino Ratio Rank
ARKK Omega Ratio Rank: 2424
Omega Ratio Rank
ARKK Calmar Ratio Rank: 2323
Calmar Ratio Rank
ARKK Martin Ratio Rank: 2020
Martin Ratio Rank

BTC-USD
BTC-USD Risk / Return Rank: 3030
Overall Rank
BTC-USD Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
BTC-USD Sortino Ratio Rank: 3333
Sortino Ratio Rank
BTC-USD Omega Ratio Rank: 3333
Omega Ratio Rank
BTC-USD Calmar Ratio Rank: 4848
Calmar Ratio Rank
BTC-USD Martin Ratio Rank: 2222
Martin Ratio Rank
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.

ARKK vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Innovation ETF (ARKK) and Bitcoin (BTC-USD). 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.


ARKKBTC-USDDifference
Sharpe ratioReturn per unit of total volatility

+1.80

Sortino ratioReturn per unit of downside risk

+2.69

Omega ratioGain probability vs. loss probability

1.16

0.87

+0.30

Calmar ratioReturn relative to maximum drawdown

1.03

-0.78

+1.81

Martin ratioReturn relative to average drawdown

2.28

-1.39

+3.67

ARKK vs. BTC-USD - Sharpe Ratio Comparison

The current ARKK Sharpe Ratio is 0.87, which is higher than the BTC-USD Sharpe Ratio of -0.93. The chart below compares the historical Sharpe Ratios of ARKK and BTC-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


ARKKBTC-USDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.87

-0.93

+1.80

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.16

0.21

-0.36

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.37

0.87

-0.50

Sharpe Ratio (All Time)

Calculated using the full available price history

0.34

1.13

-0.79

Drawdowns

ARKK vs. BTC-USD - Drawdown Comparison

The maximum ARKK drawdown since its inception was -80.97%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for ARKK and BTC-USD.


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Drawdown Indicators


ARKKBTC-USDDifference

Max Drawdown

Largest peak-to-trough decline

-80.97%

-85.30%

+4.33%

Max Drawdown (1Y)

Largest decline over 1 year

-31.35%

-50.87%

+19.52%

Max Drawdown (3Y)

Largest decline over 3 years

-39.56%

-50.87%

+11.31%

Max Drawdown (5Y)

Largest decline over 5 years

-77.23%

-76.67%

-0.56%

Max Drawdown (10Y)

Largest decline over 10 years

-80.97%

-83.80%

+2.83%

Current Drawdown

Current decline from peak

-51.77%

-50.87%

-0.90%

Average Drawdown

Average peak-to-trough decline

-30.13%

-42.29%

+12.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.14%

34.02%

-19.88%

Volatility

ARKK vs. BTC-USD - Volatility Comparison

ARK Innovation ETF (ARKK) has a higher volatility of 11.30% compared to Bitcoin (BTC-USD) at 10.54%. This indicates that ARKK's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ARKKBTC-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.30%

10.54%

+0.76%

Volatility (6M)

Calculated over the trailing 6-month period

26.00%

34.26%

-8.26%

Volatility (1Y)

Calculated over the trailing 1-year period

37.11%

35.65%

+1.46%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

46.38%

44.98%

+1.40%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

40.32%

56.70%

-16.38%

Frequently Asked Questions


ARKK and BTC-USD have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ARKK has higher volatility (11.30%) compared to BTC-USD (10.54%). In terms of maximum drawdown, ARKK dropped -80.97% vs BTC-USD's -85.30%.

ARKK currently has the higher Sharpe Ratio (0.87 vs -0.93), 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.

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