ARKM-USD vs. ARKK

Last updated Apr 2, 2026

Compare and contrast key facts about Arkham (ARKM-USD) and ARK Innovation ETF (ARKK).

ARKK is an actively managed fund by ARK. It was launched on Oct 31, 2014.

Performance

ARKM-USD vs. ARKK - Performance Comparison

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

ARKM-USD vs. ARKK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ARKM-USD Arkham	-44.28%	-87.37%	136.81%	-10.53%
ARKK ARK Innovation ETF	-11.08%	35.49%	8.40%	5.91%

Returns By Period

In the year-to-date period, ARKM-USD achieves a -44.28% return, which is significantly lower than ARKK's -11.08% return.

ARKM-USD

• 1D: 0.52%
• 1M: -10.55%
• YTD: -44.28%
• 6M: -81.53%
• 1Y: -80.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARKK

• 1D: 1.20%
• 1M: -7.84%
• YTD: -11.08%
• 6M: -21.31%
• 1Y: 43.10%
• 3Y*: 19.58%
• 5Y*: -10.51%
• 10Y*: 14.48%

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

Return for Risk

ARKM-USD vs. ARKK — Risk / Return Rank

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

ARKM-USD

ARKM-USD Risk / Return Rank: 35
ARKM-USD Sharpe Ratio Rank: 27
ARKM-USD Sortino Ratio Rank: 20
ARKM-USD Omega Ratio Rank: 19
ARKM-USD Calmar Ratio Rank: 51
ARKM-USD Martin Ratio Rank: 56

ARKK

ARKK Risk / Return Rank: 51
ARKK Sharpe Ratio Rank: 55
ARKK Sortino Ratio Rank: 63
ARKK Omega Ratio Rank: 49
ARKK Calmar Ratio Rank: 52
ARKK Martin Ratio Rank: 38

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.

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

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

	ARKM-USD	ARKK	Difference
Sharpe ratio Return per unit of total volatility	-0.75	1.02	-1.77
Sortino ratio Return per unit of downside risk	-1.35	1.66	-3.00
Omega ratio Gain probability vs. loss probability	0.87	1.20	-0.33
Calmar ratio Return relative to maximum drawdown	-1.07	1.40	-2.47
Martin ratio Return relative to average drawdown	-1.55	3.60	-5.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARKM-USD vs. ARKK - Sharpe Ratio Comparison

The current ARKM-USD Sharpe Ratio is -0.75, which is lower than the ARKK Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of ARKM-USD and ARKK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ARKM-USD	ARKK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.75	1.02	-1.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.23	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.40	0.32	-0.72

Correlation

The correlation between ARKM-USD and ARKK is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

ARKM-USD vs. ARKK - Drawdown Comparison

The maximum ARKM-USD drawdown since its inception was -97.63%, which is greater than ARKK's maximum drawdown of -80.97%. Use the drawdown chart below to compare losses from any high point for ARKM-USD and ARKK.

Drawdown Indicators

	ARKM-USD	ARKK	Difference
Max Drawdown Largest peak-to-trough decline	-97.63%	-80.97%	-16.66%
Max Drawdown (1Y) Largest decline over 1 year	-88.09%	-31.35%	-56.74%
Max Drawdown (5Y) Largest decline over 5 years	—	-77.23%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-80.97%	—
Current Drawdown Current decline from peak	-97.54%	-55.71%	-41.83%
Average Drawdown Average peak-to-trough decline	-63.74%	-29.81%	-33.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	59.35%	12.16%	+47.19%

Volatility

ARKM-USD vs. ARKK - Volatility Comparison

Arkham (ARKM-USD) has a higher volatility of 17.11% compared to ARK Innovation ETF (ARKK) at 12.59%. This indicates that ARKM-USD's price experiences larger fluctuations and is considered to be riskier than ARKK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARKM-USD	ARKK	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.11%	12.59%	+4.52%
Volatility (6M) Calculated over the trailing 6-month period	80.32%	27.62%	+52.70%
Volatility (1Y) Calculated over the trailing 1-year period	89.09%	42.55%	+46.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	104.89%	46.38%	+58.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	104.89%	40.11%	+64.78%