ARKY vs. IBIT

Last updated Apr 1, 2026

Compare and contrast key facts about ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) and iShares Bitcoin Trust ETF (IBIT).

ARKY and IBIT 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. IBIT is a passively managed fund by iShares that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 5, 2024.

Performance

ARKY vs. IBIT - Performance Comparison

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

ARKY vs. IBIT - Yearly Performance Comparison

	2026 (YTD)
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF	0.00%
IBIT iShares Bitcoin Trust ETF	-3.18%

Returns By Period

ARKY

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

IBIT

• 1D: 1.96%
• 1M: 3.31%
• YTD: -22.62%
• 6M: -40.89%
• 1Y: -17.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARKY vs. IBIT - Expense Ratio Comparison

ARKY has a 1.00% expense ratio, which is higher than IBIT's 0.25% expense ratio.

ARKY

ARK 21Shares Active Bitcoin Ethereum Strategy ETF

IBIT

iShares Bitcoin Trust ETF

Return for Risk

ARKY vs. IBIT — Risk / Return Rank

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

IBIT

IBIT Risk / Return Rank: 6
IBIT Sharpe Ratio Rank: 5
IBIT Sortino Ratio Rank: 6
IBIT Omega Ratio Rank: 7
IBIT Calmar Ratio Rank: 6
IBIT Martin Ratio Rank: 6

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. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) and iShares Bitcoin Trust ETF (IBIT). 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	IBIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.40	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.35	—

Dividends

ARKY vs. IBIT - Dividend Comparison

Neither ARKY nor IBIT has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ARKY vs. IBIT - Drawdown Comparison

The maximum ARKY drawdown since its inception was 0.00%, smaller than the maximum IBIT drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for ARKY and IBIT.

Drawdown Indicators

	ARKY	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-49.36%	+49.36%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.36%	—
Current Drawdown Current decline from peak	0.00%	-46.11%	+46.11%
Average Drawdown Average peak-to-trough decline	0.00%	-14.13%	+14.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	23.09%	—

Volatility

Volatility by Period

	ARKY	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.99%	—
Volatility (6M) Calculated over the trailing 6-month period	—	36.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	45.42%	-45.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	51.26%	-51.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	51.26%	-51.26%