ARKY vs. MSBT

Last updated Jun 5, 2026

ARKY (ARK 21Shares Active Bitcoin Ethereum Strategy ETF) and MSBT (Morgan Stanley Bitcoin Trust) are both Cryptocurrency funds. ARKY is actively managed, while MSBT is passively managed. ARKY charges 1.00%/yr vs 0.14%/yr for MSBT.

Performance

ARKY vs. MSBT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) and Morgan Stanley Bitcoin Trust (MSBT). 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*: —

MSBT

• 1D: -2.77%
• 1M: -22.16%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ARKY vs. MSBT - Yearly Performance Comparison

	2026 (YTD)
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF	0.00%
MSBT Morgan Stanley Bitcoin Trust	-10.94%

Return for Risk

ARKY vs. MSBT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY) and Morgan Stanley Bitcoin Trust (MSBT). 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	MSBT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	-1.58	—

Drawdowns

ARKY vs. MSBT - Drawdown Comparison

The maximum ARKY drawdown since its inception was 0.00%, smaller than the maximum MSBT drawdown of -22.46%. Use the drawdown chart below to compare losses from any high point for ARKY and MSBT.

Drawdown Indicators

	ARKY	MSBT	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-22.46%	+22.46%
Current Drawdown Current decline from peak	0.00%	-22.46%	+22.46%
Average Drawdown Average peak-to-trough decline	0.00%	-4.38%	+4.38%

Volatility

Volatility by Period

	ARKY	MSBT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	33.13%	-33.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	33.13%	-33.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	33.13%	-33.13%

ARKY vs. MSBT - Expense Ratio Comparison

ARKY has a 1.00% expense ratio, which is higher than MSBT's 0.14% expense ratio.

Dividends

ARKY vs. MSBT - Dividend Comparison

Neither ARKY nor MSBT has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, ARKY or MSBT?

On fees, MSBT is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ARKY or MSBT?

MSBT is cheaper with a 0.14% expense ratio, compared with 1.00% for ARKY.

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

ARKY and MSBT have nearly identical dividend yields, around 0.00%.

What is the main difference between ARKY and MSBT?

They also come from different issuers: ARK and Morgan Stanley. Their fees differ too: 1.00% for ARKY and 0.14% for MSBT.