Correlation
The correlation between BETH and ARKY is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
BETH vs. ARKY
Compare and contrast key facts about ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) and ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY).
BETH and ARKY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BETH is an actively managed fund by ProShares. It was launched on Oct 2, 2023. ARKY is an actively managed fund by ARK. It was launched on Nov 14, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BETH or ARKY.
Performance
BETH vs. ARKY - Performance Comparison
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Key characteristics
Returns By Period
BETH
5.34%
14.64%
-0.57%
26.35%
N/A
N/A
N/A
ARKY
N/A
N/A
N/A
N/A
N/A
N/A
N/A
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BETH vs. ARKY - Expense Ratio Comparison
BETH has a 0.95% expense ratio, which is lower than ARKY's 1.00% expense ratio.
Risk-Adjusted Performance
BETH vs. ARKY — Risk-Adjusted Performance Rank
BETH
ARKY
BETH vs. ARKY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Bitcoin & Ether Market Cap Weight Strategy ETF (BETH) and ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY). 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
BETH vs. ARKY - Dividend Comparison
BETH's dividend yield for the trailing twelve months is around 18.16%, while ARKY has not paid dividends to shareholders.
| TTM | 2024 | 2023 | |
|---|---|---|---|
BETH ProShares Bitcoin & Ether Market Cap Weight Strategy ETF | 18.16% | 19.71% | 0.36% |
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF | 23.54% | 19.02% | 0.00% |
Drawdowns
BETH vs. ARKY - Drawdown Comparison
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Volatility
BETH vs. ARKY - Volatility Comparison
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