BFOC vs. ARKB

Last updated Jun 4, 2026

BFOC (FT Vest Bitcoin Strategy Floor15 ETF - October) and ARKB (ARK 21Shares Bitcoin ETF ) are both exchange-traded funds - BFOC is a Defined Outcome fund actively managed by First Trust, while ARKB is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. BFOC is actively managed, while ARKB is passively managed. Their correlation of 0.90 suggests significant overlap in exposure. BFOC charges 0.90%/yr vs 0.21%/yr for ARKB.

Performance

BFOC vs. ARKB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC) and ARK 21Shares Bitcoin ETF (ARKB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BFOC achieves a -7.39% return, which is significantly higher than ARKB's -25.34% return.

BFOC

• 1D: -0.24%
• 1M: -2.82%
• YTD: -7.39%
• 6M: -9.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARKB

• 1D: -2.74%
• 1M: -18.40%
• YTD: -25.34%
• 6M: -29.82%
• 1Y: -38.64%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BFOC vs. ARKB - Yearly Performance Comparison

	2026 (YTD)	2025
BFOC FT Vest Bitcoin Strategy Floor15 ETF - October	-7.39%	-9.76%
ARKB ARK 21Shares Bitcoin ETF	-25.34%	-25.63%

Correlation

The correlation between BFOC and ARKB is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.90

Return for Risk

BFOC vs. ARKB — Risk / Return Rank

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

ARKB

ARKB Risk / Return Rank: 2
ARKB Sharpe Ratio Rank: 2
ARKB Sortino Ratio Rank: 2
ARKB Omega Ratio Rank: 2
ARKB Calmar Ratio Rank: 2
ARKB 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.

BFOC vs. ARKB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Bitcoin Strategy Floor15 ETF - October (BFOC) and ARK 21Shares Bitcoin ETF (ARKB). 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

	BFOC	ARKB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.88	0.30	-2.18

Drawdowns

BFOC vs. ARKB - Drawdown Comparison

The maximum BFOC drawdown since its inception was -18.20%, smaller than the maximum ARKB drawdown of -49.30%. Use the drawdown chart below to compare losses from any high point for BFOC and ARKB.

Drawdown Indicators

	BFOC	ARKB	Difference
Max Drawdown Largest peak-to-trough decline	-18.20%	-49.30%	+31.10%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.30%	—
Current Drawdown Current decline from peak	-18.20%	-48.01%	+29.81%
Average Drawdown Average peak-to-trough decline	-12.52%	-15.99%	+3.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.40%	—

Volatility

Volatility by Period

	BFOC	ARKB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.31%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.61%	43.54%	-30.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.61%	49.94%	-37.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.61%	49.94%	-37.33%

BFOC vs. ARKB - Expense Ratio Comparison

BFOC has a 0.90% expense ratio, which is higher than ARKB's 0.21% expense ratio.

Dividends

BFOC vs. ARKB - Dividend Comparison

Neither BFOC nor ARKB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BFOC and ARKB in my portfolio?

With a correlation of 0.90, BFOC and ARKB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BFOC or ARKB?

On fees, ARKB is cheaper at 0.21% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BFOC or ARKB?

ARKB is cheaper with a 0.21% expense ratio, compared with 0.90% for BFOC.

Which ETF pays a higher dividend yield, BFOC or ARKB?

BFOC and ARKB have nearly identical dividend yields, around 0.00%.

What is the main difference between BFOC and ARKB?

BFOC is categorized as Defined Outcome, while ARKB is Cryptocurrency. They also come from different issuers: First Trust and ARK. Their fees differ too: 0.90% for BFOC and 0.21% for ARKB.