ARKW vs. GBTC
Compare and contrast key facts about ARK Next Generation Internet ETF (ARKW) and Grayscale Bitcoin Trust (BTC) (GBTC).
ARKW is an actively managed fund by ARK Investment Management. It was launched on Sep 30, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKW or GBTC.
Correlation
The correlation between ARKW and GBTC is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ARKW vs. GBTC - Performance Comparison
Key characteristics
ARKW:
0.46
GBTC:
0.11
ARKW:
0.85
GBTC:
0.57
ARKW:
1.11
GBTC:
1.07
ARKW:
0.26
GBTC:
0.18
ARKW:
1.87
GBTC:
0.40
ARKW:
8.70%
GBTC:
15.71%
ARKW:
34.92%
GBTC:
55.49%
ARKW:
-80.01%
GBTC:
-89.91%
ARKW:
-46.92%
GBTC:
-20.72%
Returns By Period
In the year-to-date period, ARKW achieves a -10.34% return, which is significantly lower than GBTC's -9.27% return.
ARKW
-10.34%
-9.56%
16.17%
17.91%
15.60%
18.65%
GBTC
-9.27%
0.83%
36.73%
8.01%
54.40%
N/A
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Risk-Adjusted Performance
ARKW vs. GBTC — Risk-Adjusted Performance Rank
ARKW
GBTC
ARKW vs. GBTC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Next Generation Internet ETF (ARKW) and Grayscale Bitcoin Trust (BTC) (GBTC). 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.
Dividends
ARKW vs. GBTC - Dividend Comparison
Neither ARKW nor GBTC has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
ARKW ARK Next Generation Internet ETF | 0.00% | 0.00% | 0.00% | 0.00% | 2.79% | 1.29% | 0.00% | 13.06% | 2.05% | 0.00% | 2.29% |
GBTC Grayscale Bitcoin Trust (BTC) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.23% | 0.00% | 0.00% |
Drawdowns
ARKW vs. GBTC - Drawdown Comparison
The maximum ARKW drawdown since its inception was -80.01%, smaller than the maximum GBTC drawdown of -89.91%. Use the drawdown chart below to compare losses from any high point for ARKW and GBTC. For additional features, visit the drawdowns tool.
Volatility
ARKW vs. GBTC - Volatility Comparison
ARK Next Generation Internet ETF (ARKW) and Grayscale Bitcoin Trust (BTC) (GBTC) have volatilities of 16.89% and 16.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.