ARKK vs. IBIT
ARKK (ARK Innovation ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - ARKK is a Technology Equities fund actively managed by ARK, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. ARKK is actively managed, while IBIT is passively managed. Over the past year, ARKK returned 21.98% vs -40.63% for IBIT. A 0.57 correlation means they provide meaningful diversification when combined. ARKK charges 0.75%/yr vs 0.25%/yr for IBIT.
Performance
ARKK vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, ARKK achieves a -1.65% return, which is significantly higher than IBIT's -27.41% return.
ARKK
- 1D
- 0.25%
- 1M
- -3.07%
- YTD
- -1.65%
- 6M
- -5.90%
- 1Y
- 21.98%
- 3Y*
- 19.87%
- 5Y*
- -7.96%
- 10Y*
- 15.57%
IBIT
- 1D
- -0.03%
- 1M
- -20.12%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARKK vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ARKK ARK Innovation ETF | -1.65% | 35.49% | 15.04% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between ARKK and IBIT is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.57 |
The correlation between ARKK and IBIT has been stable across timeframes, ranging from 0.57 to 0.63 - a consistent structural relationship.
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Return for Risk
ARKK vs. IBIT — Risk / Return Rank
ARKK
IBIT
ARKK vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Innovation ETF (ARKK) and iShares Bitcoin Trust ETF (IBIT). 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.
| ARKK | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.53 | ||
| Sortino ratioReturn per unit of downside risk | +2.36 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.85 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.70 | -0.78 | +1.49 |
| Martin ratioReturn relative to average drawdown | 1.53 | -1.37 | +2.90 |
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Drawdowns
ARKK vs. IBIT - Drawdown Comparison
The maximum ARKK drawdown since its inception was -80.97%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for ARKK and IBIT.
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Drawdown Indicators
| ARKK | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.97% | -52.11% | -28.86% |
Max Drawdown (1Y)Largest decline over 1 year | -31.35% | -52.11% | +20.76% |
Max Drawdown (3Y)Largest decline over 3 years | -39.56% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -77.23% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -80.97% | — | — |
Current DrawdownCurrent decline from peak | -51.01% | -49.45% | -1.56% |
Average DrawdownAverage peak-to-trough decline | -30.16% | -16.53% | -13.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.39% | 29.64% | -15.25% |
Volatility
ARKK vs. IBIT - Volatility Comparison
ARK Innovation ETF (ARKK) and iShares Bitcoin Trust ETF (IBIT) have volatilities of 11.81% and 12.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARKK | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.81% | 12.07% | -0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 26.30% | 34.45% | -8.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.28% | 44.10% | -7.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.40% | 50.26% | -3.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.34% | 50.26% | -9.92% |
ARKK vs. IBIT - Expense Ratio Comparison
ARKK has a 0.75% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
ARKK vs. IBIT - Dividend Comparison
Neither ARKK nor IBIT has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.70% | 0.00% | 0.55% | 1.64% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ARKK and IBIT have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (12.07%) compared to ARKK (11.81%). In terms of maximum drawdown, ARKK dropped -80.97% vs IBIT's -52.11%.
On 1-year performance, ARKK leads with 21.98% vs -40.63% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, ARKK has been the lower-risk option at 11.81%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ARKK has performed better with a 21.98% return vs -40.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIT is cheaper with a 0.25% expense ratio, compared with 0.75% for ARKK.
ARKK and IBIT have nearly identical dividend yields, around 0.00%.
ARKK is categorized as Technology Equities, while IBIT is Cryptocurrency. They also come from different issuers: ARK and iShares. Their fees differ too: 0.75% for ARKK and 0.25% for IBIT.
ARKK currently has the higher Sharpe Ratio (0.61 vs -0.92), 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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