ARKY vs. BITO

Last updated Jun 5, 2026

ARKY (ARK 21Shares Active Bitcoin Ethereum Strategy ETF) and BITO (ProShares Bitcoin Strategy ETF) are both Cryptocurrency funds. Both are actively managed. ARKY charges 1.00%/yr vs 0.95%/yr for BITO.

Performance

ARKY vs. BITO - Performance Comparison

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

Returns By Period

ARKY

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

BITO

• 1D: -2.81%
• 1M: -22.52%
• YTD: -28.44%
• 6M: -32.46%
• 1Y: -41.98%
• 3Y*: 26.82%
• 5Y*: —
• 10Y*: —

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

ARKY vs. BITO - Yearly Performance Comparison

	2026 (YTD)
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF	0.00%
BITO ProShares Bitcoin Strategy ETF	-10.27%

Return for Risk

ARKY vs. BITO — Risk / Return Rank

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

BITO

BITO Risk / Return Rank: 2
BITO Sharpe Ratio Rank: 2
BITO Sortino Ratio Rank: 2
BITO Omega Ratio Rank: 2
BITO Calmar Ratio Rank: 2
BITO Martin Ratio Rank: 2

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.

ARKY vs. BITO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) and ProShares Bitcoin Strategy ETF (BITO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ARKY	BITO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.10	—

Drawdowns

ARKY vs. BITO - Drawdown Comparison

The maximum ARKY drawdown since its inception was 0.00%, smaller than the maximum BITO drawdown of -77.86%. Use the drawdown chart below to compare losses from any high point for ARKY and BITO.

Drawdown Indicators

	ARKY	BITO	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-77.86%	+77.86%
Max Drawdown (1Y) Largest decline over 1 year	—	-50.64%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-50.64%	—
Current Drawdown Current decline from peak	0.00%	-50.64%	+50.64%
Average Drawdown Average peak-to-trough decline	0.00%	-36.75%	+36.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	29.27%	—

Volatility

Volatility by Period

	ARKY	BITO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	33.71%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	43.61%	-43.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	55.10%	-55.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	55.10%	-55.10%

ARKY vs. BITO - Expense Ratio Comparison

ARKY has a 1.00% expense ratio, which is higher than BITO's 0.95% expense ratio.

Dividends

ARKY vs. BITO - Dividend Comparison

ARKY has not paid dividends to shareholders, while BITO's dividend yield for the trailing twelve months is around 69.59%.

Position	TTM	2025	2024	2023
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF	0.00%	0.00%	0.00%	0.00%
BITO ProShares Bitcoin Strategy ETF	69.59%	78.29%	61.59%	15.14%

Frequently Asked Questions

Which ETF is better, ARKY or BITO?

On fees, BITO is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARKY or BITO?

BITO is cheaper with a 0.95% expense ratio, compared with 1.00% for ARKY.

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

BITO has the higher dividend yield at 69.59%, compared with 0.00% for ARKY.

What is the main difference between ARKY and BITO?

They also come from different issuers: ARK and ProShares. Their fees differ too: 1.00% for ARKY and 0.95% for BITO.