ARKY vs. ARKB
Compare and contrast key facts about ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) and ARK 21Shares Bitcoin ETF (ARKB).
ARKY and ARKB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKY is an actively managed fund by ARK. It was launched on Nov 14, 2023. ARKB is a passively managed fund by ARK Investment Management that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 10, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKY or ARKB.
Correlation
The correlation between ARKY and ARKB is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ARKY vs. ARKB - Performance Comparison
Key characteristics
ARKY:
1.41
ARKB:
2.49
ARKY:
1.17
ARKB:
1.29
ARKY:
20.83%
ARKB:
11.99%
ARKY:
59.24%
ARKB:
56.63%
ARKY:
-42.10%
ARKB:
-27.40%
ARKY:
-12.69%
ARKB:
-9.60%
Returns By Period
In the year-to-date period, ARKY achieves a 0.79% return, which is significantly lower than ARKB's 3.25% return.
ARKY
0.79%
-9.13%
13.34%
50.00%
N/A
N/A
ARKB
3.25%
-5.17%
47.63%
119.56%
N/A
N/A
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ARKY vs. ARKB - Expense Ratio Comparison
ARKY has a 1.00% expense ratio, which is higher than ARKB's 0.21% expense ratio.
Risk-Adjusted Performance
ARKY vs. ARKB — Risk-Adjusted Performance Rank
ARKY
ARKB
ARKY vs. ARKB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) and ARK 21Shares Bitcoin ETF (ARKB). 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.
Not enough dataDividends
ARKY vs. ARKB - Dividend Comparison
ARKY's dividend yield for the trailing twelve months is around 18.87%, while ARKB has not paid dividends to shareholders.
| TTM | 2024 | |
|---|---|---|
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF | 18.87% | 19.02% |
ARKB ARK 21Shares Bitcoin ETF | 0.00% | 0.00% |
Drawdowns
ARKY vs. ARKB - Drawdown Comparison
The maximum ARKY drawdown since its inception was -42.10%, which is greater than ARKB's maximum drawdown of -27.40%. Use the drawdown chart below to compare losses from any high point for ARKY and ARKB. For additional features, visit the drawdowns tool.
Volatility
ARKY vs. ARKB - Volatility Comparison
ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) and ARK 21Shares Bitcoin ETF (ARKB) have volatilities of 15.57% and 15.39%, 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.