ARKM-USD vs. ARKK

Last updated Jun 26, 2026

ARKM-USD (Arkham) is a cryptocurrency, while ARKK (ARK Innovation ETF) is Technology Equities fund actively managed by ARK. Over the past year, ARKM-USD returned -74.04% vs 10.13% for ARKK. At a 0.26 correlation, their price movements are largely independent.

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.

Returns By Period

In the year-to-date period, ARKM-USD achieves a -34.29% return, which is significantly lower than ARKK's -0.49% return.

ARKM-USD

• 1D: -3.36%
• 1M: -24.84%
• YTD: -34.29%
• 6M: -35.03%
• 1Y: -74.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARKK

• 1D: -0.23%
• 1M: -0.89%
• YTD: -0.49%
• 6M: -5.10%
• 1Y: 10.13%
• 3Y*: 22.58%
• 5Y*: -9.16%
• 10Y*: 16.31%

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

ARKM-USD vs. ARKK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ARKM-USD Arkham	-34.29%	-87.37%	136.81%	-21.72%
ARKK ARK Innovation ETF	-0.49%	35.49%	8.40%	6.29%

Correlation

The correlation between ARKM-USD and ARKK is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (All Time) Calculated using the full available price history since Jul 18, 2023	0.26

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: 46
ARKM-USD Sharpe Ratio Rank: 50
ARKM-USD Sortino Ratio Rank: 49
ARKM-USD Omega Ratio Rank: 48
ARKM-USD Calmar Ratio Rank: 35
ARKM-USD Martin Ratio Rank: 48

ARKK

ARKK Risk / Return Rank: 13
ARKK Sharpe Ratio Rank: 13
ARKK Sortino Ratio Rank: 14
ARKK Omega Ratio Rank: 13
ARKK Calmar Ratio Rank: 13
ARKK Martin Ratio Rank: 12

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.

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.

	ARKM-USD	ARKK	Difference
Sharpe ratio: Return per unit of total volatility	-0.70	0.28	-0.98
Sortino ratio: Return per unit of downside risk	-0.99	0.64	-1.64
Omega ratio: Gain probability vs. loss probability	0.90	1.07	-0.17
Calmar ratio: Return relative to maximum drawdown	-0.86	0.32	-1.19
Martin ratio: Return relative to average drawdown	-1.17	0.69	-1.86

ARKM-USD vs. ARKK - Sharpe Ratio Comparison

The current ARKM-USD Sharpe Ratio is -0.70, which is lower than the ARKK Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of ARKM-USD and ARKK, 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

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	-85.89%	-31.35%	-54.54%
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 Drawdown Current decline from peak	-97.10%	-50.44%	-46.66%
Average Drawdown Average peak-to-trough decline	-67.49%	-30.21%	-37.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	58.10%	14.65%	+43.45%

Volatility

ARKM-USD vs. ARKK - Volatility Comparison

Arkham (ARKM-USD) has a higher volatility of 31.06% compared to ARK Innovation ETF (ARKK) at 12.48%. 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	31.06%	12.48%	+18.58%
Volatility (6M) Calculated over the trailing 6-month period	69.37%	26.59%	+42.78%
Volatility (1Y) Calculated over the trailing 1-year period	88.26%	36.11%	+52.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	103.74%	46.46%	+57.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	103.74%	40.39%	+63.35%

Frequently Asked Questions

Can I hold both ARKM-USD and ARKK in my portfolio?

ARKM-USD and ARKK have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARKM-USD or ARKK?

ARKM-USD has higher volatility (31.06%) compared to ARKK (12.48%). In terms of maximum drawdown, ARKM-USD dropped -97.63% vs ARKK's -80.97%.

Which has better risk-adjusted returns?

ARKK currently has the higher Sharpe Ratio (0.28 vs -0.70), 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.