ARKM-USD vs. ARKX
ARKM-USD (Arkham) is a cryptocurrency, while ARKX (ARK Space Exploration & Innovation ETF) is Aerospace & Defense fund actively managed by ARK. Over the past 3 years, ARKM-USD returned -45.04%/yr vs 24.85%/yr for ARKX. At a 0.22 correlation, their price movements are largely independent.
Performance
ARKM-USD vs. ARKX - Performance Comparison
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Returns By Period
In the year-to-date period, ARKM-USD achieves a -37.94% return, which is significantly lower than ARKX's 4.55% return.
ARKM-USD
- 1D
- -0.36%
- 1M
- -16.45%
- 6M
- -47.53%
- YTD
- -37.94%
- 1Y
- -80.64%
- 3Y*
- -45.04%
- 5Y*
- —
- 10Y*
- —
ARKX
- 1D
- -1.53%
- 1M
- -12.20%
- 6M
- -13.85%
- YTD
- 4.55%
- 1Y
- 10.42%
- 3Y*
- 24.85%
- 5Y*
- 8.57%
- 10Y*
- —
ARKM-USD vs. ARKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ARKM-USD Arkham | -37.94% | -87.37% | 136.81% | -21.72% |
ARKX ARK Space Exploration & Innovation ETF | 4.55% | 48.46% | 26.67% | -0.45% |
Correlation
The correlation between ARKM-USD and ARKX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2023 | 0.22 |
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Return for Risk
ARKM-USD vs. ARKX — Risk / Return Rank
ARKM-USD
ARKX
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.
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 | ARKX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -2.08 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.08 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | 0.51 | -1.45 |
| Martin ratioReturn relative to average drawdown | -1.21 | 1.20 | -2.41 |
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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-USD | ARKX | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 | -97.63% | -25.47% | -72.16% |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.61% | — |
Current DrawdownCurrent decline from peak | -97.26% | -19.71% | -77.55% |
Average DrawdownAverage peak-to-trough decline | -68.09% | -19.80% | -48.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 59.31% | 8.74% | +50.57% |
Volatility
ARKM-USD vs. ARKX - Volatility Comparison
Arkham (ARKM-USD) has a higher volatility of 15.03% compared to ARK Space Exploration & Innovation ETF (ARKX) at 8.71%. 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-USD | ARKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.03% | 8.71% | +6.32% |
Volatility (6M)Calculated over the trailing 6-month period | 67.11% | 26.09% | +41.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 86.60% | 34.13% | +52.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 102.87% | 28.33% | +74.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 102.87% | 27.76% | +75.11% |
Frequently Asked Questions
ARKM-USD and ARKX have a correlation of 0.27, 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 (15.03%) compared to ARKX (8.71%). In terms of maximum drawdown, ARKM-USD dropped -97.63% vs ARKX's -43.61%.
ARKX currently has the higher Sharpe Ratio (0.31 vs -0.77), 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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