ARKX vs. ARKM-USD
ARKX (ARK Space Exploration & Innovation ETF) is Aerospace & Defense fund actively managed by ARK, while ARKM-USD (Arkham) is a cryptocurrency. Over the past year, ARKX returned 46.62% vs -72.87% for ARKM-USD. At a 0.22 correlation, their price movements are largely independent.
Performance
ARKX vs. ARKM-USD - Performance Comparison
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Returns By Period
In the year-to-date period, ARKX achieves a 13.18% return, which is significantly higher than ARKM-USD's -30.86% return.
ARKX
- 1D
- -1.68%
- 1M
- -7.40%
- YTD
- 13.18%
- 6M
- 8.86%
- 1Y
- 46.62%
- 3Y*
- 32.05%
- 5Y*
- 9.28%
- 10Y*
- —
ARKM-USD
- 1D
- -3.97%
- 1M
- -11.03%
- YTD
- -30.86%
- 6M
- -35.64%
- 1Y
- -72.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARKX vs. ARKM-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ARKX ARK Space Exploration & Innovation ETF | 13.18% | 48.46% | 26.67% | -0.45% |
ARKM-USD Arkham | -30.86% | -87.37% | 136.81% | -21.72% |
Correlation
The correlation between ARKX and ARKM-USD is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2023 | 0.22 |
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Return for Risk
ARKX vs. ARKM-USD — Risk / Return Rank
ARKX
ARKM-USD
ARKX vs. ARKM-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK Space Exploration & Innovation ETF (ARKX) and Arkham (ARKM-USD). 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.
| ARKX | ARKM-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.07 | ||
| Sortino ratioReturn per unit of downside risk | +2.88 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.91 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 2.29 | -0.85 | +3.14 |
| Martin ratioReturn relative to average drawdown | 5.93 | -1.16 | +7.09 |
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Drawdowns
ARKX vs. ARKM-USD - Drawdown Comparison
The maximum ARKX drawdown since its inception was -43.61%, smaller than the maximum ARKM-USD drawdown of -97.63%. Use the drawdown chart below to compare losses from any high point for ARKX and ARKM-USD.
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Drawdown Indicators
| ARKX | ARKM-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.61% | -97.63% | +54.02% |
Max Drawdown (1Y)Largest decline over 1 year | -20.42% | -85.89% | +65.47% |
Max Drawdown (3Y)Largest decline over 3 years | -25.47% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -43.61% | — | — |
Current DrawdownCurrent decline from peak | -13.09% | -96.95% | +83.86% |
Average DrawdownAverage peak-to-trough decline | -19.87% | -67.43% | +47.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.88% | 57.97% | -50.09% |
Volatility
ARKX vs. ARKM-USD - Volatility Comparison
The current volatility for ARK Space Exploration & Innovation ETF (ARKX) is 13.12%, while Arkham (ARKM-USD) has a volatility of 32.24%. This indicates that ARKX experiences smaller price fluctuations and is considered to be less risky than ARKM-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARKX | ARKM-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.12% | 32.24% | -19.12% |
Volatility (6M)Calculated over the trailing 6-month period | 26.61% | 69.36% | -42.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.88% | 89.03% | -55.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.15% | 103.81% | -75.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.71% | 103.81% | -76.10% |
Frequently Asked Questions
ARKX and ARKM-USD have a correlation of 0.26, 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 (32.24%) compared to ARKX (13.12%). In terms of maximum drawdown, ARKX dropped -43.61% vs ARKM-USD's -97.63%.
ARKX currently has the higher Sharpe Ratio (1.38 vs -0.69), 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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