ARKW vs. ARKY

Last updated Jun 5, 2026

ARKW (ARK Next Generation Internet ETF) and ARKY (ARK 21Shares Active Bitcoin Ethereum Strategy ETF) are both exchange-traded funds - ARKW is a Mid Cap Growth Equities fund actively managed by ARK, while ARKY is a Cryptocurrency fund actively managed by ARK. Both are actively managed. ARKW charges 0.76%/yr vs 1.00%/yr for ARKY.

Performance

ARKW vs. ARKY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK Next Generation Internet ETF (ARKW) and ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ARKW

• 1D: -0.08%
• 1M: 3.39%
• YTD: -0.87%
• 6M: -4.77%
• 1Y: 19.34%
• 3Y*: 39.46%
• 5Y*: 1.88%
• 10Y*: 22.88%

ARKY

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARKW vs. ARKY - Yearly Performance Comparison

	2026 (YTD)
ARKW ARK Next Generation Internet ETF	18.12%
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF	0.00%

Return for Risk

ARKW vs. ARKY — Risk / Return Rank

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

ARKW

ARKW Risk / Return Rank: 18
ARKW Sharpe Ratio Rank: 19
ARKW Sortino Ratio Rank: 20
ARKW Omega Ratio Rank: 20
ARKW Calmar Ratio Rank: 16
ARKW Martin Ratio Rank: 14

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.

ARKW vs. ARKY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK Next Generation Internet ETF (ARKW) and ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY). 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	ARKY	Difference
Sharpe ratio: Return per unit of total volatility	0.59	—	—
Sortino ratio: Return per unit of downside risk	1.00	—	—
Omega ratio: Gain probability vs. loss probability	1.12	—	—
Calmar ratio: Return relative to maximum drawdown	0.54	—	—
Martin ratio: Return relative to average drawdown	1.10	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ARKW	ARKY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.59	—	—
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	—	—

Drawdowns

ARKW vs. ARKY - Drawdown Comparison

The maximum ARKW drawdown since its inception was -80.52%, which is greater than ARKY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for ARKW and ARKY.

Drawdown Indicators

	ARKW	ARKY	Difference
Max Drawdown Largest peak-to-trough decline	-80.52%	0.00%	-80.52%
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 Drawdown Current decline from peak	-20.55%	0.00%	-20.55%
Average Drawdown Average peak-to-trough decline	-23.98%	0.00%	-23.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.55%	—	—

Volatility

Volatility by Period

	ARKW	ARKY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.88%	—	—
Volatility (6M) Calculated over the trailing 6-month period	23.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	32.86%	0.00%	+32.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.49%	0.00%	+43.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.68%	0.00%	+37.68%

ARKW vs. ARKY - Expense Ratio Comparison

ARKW has a 0.76% expense ratio, which is lower than ARKY's 1.00% expense ratio.

Dividends

ARKW vs. ARKY - Dividend Comparison

ARKW's dividend yield for the trailing twelve months is around 1.61%, while ARKY has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKW ARK Next Generation Internet ETF	1.61%	1.59%	0.00%	0.00%	0.00%	0.17%	1.29%	0.00%	13.05%	2.05%	0.00%	2.29%
ARKY ARK 21Shares Active Bitcoin Ethereum 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%

Frequently Asked Questions

Which ETF is better, ARKW or ARKY?

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.

Which ETF is cheaper, ARKW or ARKY?

ARKW is cheaper with a 0.76% expense ratio, compared with 1.00% for ARKY.

Which ETF pays a higher dividend yield, ARKW or ARKY?

ARKW has the higher dividend yield at 1.61%, compared with 0.00% for ARKY.

What is the main difference between ARKW and ARKY?

ARKW is categorized as Mid Cap Growth Equities, while ARKY is Cryptocurrency. Their fees differ too: 0.76% for ARKW and 1.00% for ARKY.