ARKW vs. ARKD
ARKW (ARK Next Generation Internet ETF) and ARKD (ARK 21Shares Digital Asset and Blockchain Strategy ETF) are both exchange-traded funds - ARKW is a Mid Cap Growth Equities fund actively managed by ARK, while ARKD is a Cryptocurrency fund actively managed by ARK. Both are actively managed. Their correlation of 0.93 suggests significant overlap in exposure. ARKW charges 0.76%/yr vs 0.90%/yr for ARKD.
Performance
ARKW vs. ARKD - Performance Comparison
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Returns By Period
ARKW
- 1D
- -2.98%
- 1M
- 2.53%
- YTD
- -0.79%
- 6M
- -3.36%
- 1Y
- 19.55%
- 3Y*
- 40.12%
- 5Y*
- 1.89%
- 10Y*
- 22.99%
ARKD
- 1D
- -1.44%
- 1M
- -0.46%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARKW vs. ARKD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ARKW ARK Next Generation Internet ETF | -1.71% |
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF | -2.04% |
Correlation
The correlation between ARKW and ARKD is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jan 5, 2026 | 0.93 |
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Return for Risk
ARKW vs. ARKD — Risk / Return Rank
ARKW
ARKD
ARKW vs. ARKD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Next Generation Internet ETF (ARKW) and ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD). 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.
| ARKW | ARKD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.12 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.54 | — | — |
| Martin ratioReturn relative to average drawdown | 1.12 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ARKW | ARKD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.04 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | -0.25 | +0.82 |
Drawdowns
ARKW vs. ARKD - Drawdown Comparison
The maximum ARKW drawdown since its inception was -80.52%, which is greater than ARKD's maximum drawdown of -14.03%. Use the drawdown chart below to compare losses from any high point for ARKW and ARKD.
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Drawdown Indicators
| ARKW | ARKD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.52% | -14.03% | -66.49% |
Max Drawdown (1Y)Largest decline over 1 year | -36.21% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -36.21% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -77.36% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -80.52% | — | — |
Current DrawdownCurrent decline from peak | -20.48% | -4.51% | -15.97% |
Average DrawdownAverage peak-to-trough decline | -23.98% | -6.21% | -17.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.52% | — | — |
Volatility
ARKW vs. ARKD - Volatility Comparison
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Volatility by Period
| ARKW | ARKD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.95% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 23.54% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 32.93% | 19.81% | +13.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.49% | 19.81% | +23.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.69% | 19.81% | +17.88% |
ARKW vs. ARKD - Expense Ratio Comparison
ARKW has a 0.76% expense ratio, which is lower than ARKD's 0.90% expense ratio.
Dividends
ARKW vs. ARKD - Dividend Comparison
ARKW's dividend yield for the trailing twelve months is around 1.60%, while ARKD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARKD ARK 21Shares Digital Asset and Blockchain Strategy 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% |
ARKW ARK Next Generation Internet ETF | 1.60% | 1.59% | 0.00% | 0.00% | 0.00% | 0.17% | 1.29% | 0.00% | 13.05% | 2.05% | 0.00% | 2.29% |
Frequently Asked Questions
With a correlation of 0.93, ARKW and ARKD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, ARKW is cheaper at 0.76% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ARKW is cheaper with a 0.76% expense ratio, compared with 0.90% for ARKD.
ARKW has the higher dividend yield at 1.60%, compared with 0.00% for ARKD.
ARKW is categorized as Mid Cap Growth Equities, while ARKD is Cryptocurrency. Their fees differ too: 0.76% for ARKW and 0.90% for ARKD.
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