ARKZ vs. FETH
Compare and contrast key facts about ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ) and Fidelity Ethereum Fund (FETH).
ARKZ and FETH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ARKZ is an actively managed fund by ARK. It was launched on Nov 13, 2023. FETH is a passively managed fund by Fidelity that tracks the performance of the Fidelity Ethereum Reference Rate Index. It was launched on Jul 22, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARKZ or FETH.
Correlation
The correlation between ARKZ and FETH is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ARKZ vs. FETH - Performance Comparison
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Key characteristics
ARKZ:
74.82%
FETH:
77.62%
ARKZ:
-66.91%
FETH:
-64.00%
ARKZ:
-44.80%
FETH:
-39.49%
Returns By Period
In the year-to-date period, ARKZ achieves a -28.35% return, which is significantly lower than FETH's -26.40% return.
ARKZ
-28.35%
56.24%
-30.41%
-21.21%
N/A
N/A
FETH
-26.40%
57.02%
-26.99%
N/A
N/A
N/A
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ARKZ vs. FETH - Expense Ratio Comparison
ARKZ has a 0.70% expense ratio, which is higher than FETH's 0.00% expense ratio.
Risk-Adjusted Performance
ARKZ vs. FETH — Risk-Adjusted Performance Rank
ARKZ
FETH
ARKZ vs. FETH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ) and Fidelity Ethereum Fund (FETH). 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.
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Dividends
ARKZ vs. FETH - Dividend Comparison
ARKZ's dividend yield for the trailing twelve months is around 3.92%, while FETH has not paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
ARKZ ARK 21Shares Active Ethereum Futures Strategy ETF | 3.92% | 2.88% | 0.19% |
FETH Fidelity Ethereum Fund | 0.00% | 0.00% | 0.00% |
Drawdowns
ARKZ vs. FETH - Drawdown Comparison
The maximum ARKZ drawdown since its inception was -66.91%, roughly equal to the maximum FETH drawdown of -64.00%. Use the drawdown chart below to compare losses from any high point for ARKZ and FETH. For additional features, visit the drawdowns tool.
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Volatility
ARKZ vs. FETH - Volatility Comparison
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