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ARKM-USD vs. ARKX
Performance
Return for Risk
Drawdowns
Volatility

Performance

ARKM-USD vs. ARKX - Performance Comparison

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

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Returns By Period

In the year-to-date period, ARKM-USD achieves a -23.48% return, which is significantly lower than ARKX's 17.46% return.


ARKM-USD

1D
-8.90%
1M
8.87%
YTD
-23.48%
6M
-42.53%
1Y
-74.59%
3Y*
5Y*
10Y*

ARKX

1D
-6.38%
1M
0.65%
YTD
17.46%
6M
19.82%
1Y
62.33%
3Y*
33.13%
5Y*
10.39%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

ARKM-USD vs. ARKX - Yearly Performance Comparison


2026 (YTD)202520242023
ARKM-USD
Arkham
-23.48%-87.37%136.81%-10.53%
ARKX
ARK Space Exploration & Innovation ETF
17.46%48.46%26.67%-1.03%

Correlation

The correlation between ARKM-USD and ARKX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.25

Correlation (All Time)
Calculated using the full available price history since Jul 19, 2023

0.21

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Return for Risk

ARKM-USD vs. ARKX — 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: 4444
Overall Rank
ARKM-USD Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
ARKM-USD Sortino Ratio Rank: 4545
Sortino Ratio Rank
ARKM-USD Omega Ratio Rank: 4646
Omega Ratio Rank
ARKM-USD Calmar Ratio Rank: 3838
Calmar Ratio Rank
ARKM-USD Martin Ratio Rank: 4444
Martin Ratio Rank

ARKX
ARKX Risk / Return Rank: 5454
Overall Rank
ARKX Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
ARKX Sortino Ratio Rank: 5252
Sortino Ratio Rank
ARKX Omega Ratio Rank: 4848
Omega Ratio Rank
ARKX Calmar Ratio Rank: 6363
Calmar Ratio Rank
ARKX Martin Ratio Rank: 5050
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.

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

This table presents a comparison of risk-adjusted performance metrics for Arkham (ARKM-USD) and ARK Space Exploration & Innovation ETF (ARKX). 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-USDARKXDifference
Sharpe ratioReturn per unit of total volatility

-2.59

Sortino ratioReturn per unit of downside risk

-3.47

Omega ratioGain probability vs. loss probability

0.90

1.29

-0.39

Calmar ratioReturn relative to maximum drawdown

-0.87

3.07

-3.94

Martin ratioReturn relative to average drawdown

-1.23

8.23

-9.46

ARKM-USD vs. ARKX - Sharpe Ratio Comparison

The current ARKM-USD Sharpe Ratio is -0.70, which is lower than the ARKX Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of ARKM-USD and ARKX, 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


ARKM-USDARKXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.70

1.89

-2.59

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.37

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.34

0.38

-0.72

Drawdowns

ARKM-USD vs. ARKX - Drawdown Comparison

The maximum ARKM-USD drawdown since its inception was -97.63%, which is greater than ARKX's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for ARKM-USD and ARKX.


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Drawdown Indicators


ARKM-USDARKXDifference

Max Drawdown

Largest peak-to-trough decline

-97.63%

-43.61%

-54.02%

Max Drawdown (1Y)

Largest decline over 1 year

-85.89%

-20.42%

-65.47%

Max Drawdown (3Y)

Largest decline over 3 years

-25.47%

Max Drawdown (5Y)

Largest decline over 5 years

-43.61%

Current Drawdown

Current decline from peak

-96.63%

-9.80%

-86.83%

Average Drawdown

Average peak-to-trough decline

-65.77%

-19.97%

-45.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

67.28%

7.60%

+59.68%

Volatility

ARKM-USD vs. ARKX - Volatility Comparison

Arkham (ARKM-USD) has a higher volatility of 34.52% compared to ARK Space Exploration & Innovation ETF (ARKX) at 12.24%. This indicates that ARKM-USD's price experiences larger fluctuations and is considered to be riskier than ARKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ARKM-USDARKXDifference

Volatility (1M)

Calculated over the trailing 1-month period

34.52%

12.24%

+22.28%

Volatility (6M)

Calculated over the trailing 6-month period

67.73%

25.81%

+41.92%

Volatility (1Y)

Calculated over the trailing 1-year period

88.42%

33.16%

+55.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

104.01%

27.86%

+76.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

104.01%

27.55%

+76.46%

Frequently Asked Questions


ARKM-USD and ARKX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ARKM-USD has higher volatility (34.52%) compared to ARKX (12.24%). In terms of maximum drawdown, ARKM-USD dropped -97.63% vs ARKX's -43.61%.

ARKX currently has the higher Sharpe Ratio (1.89 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.

Portfolio Optimizer

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