BLOX vs. ARKD

Last updated Apr 2, 2026

Compare and contrast key facts about Nicholas Crypto Income ETF (BLOX) and ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD).

BLOX and ARKD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BLOX is an actively managed fund by Nicholas. It was launched on Jun 16, 2025. ARKD is an actively managed fund by ARK. It was launched on Nov 14, 2023.

Performance

BLOX vs. ARKD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nicholas Crypto Income ETF (BLOX) and ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD). The values are adjusted to include any dividend payments, if applicable.

BLOX vs. ARKD - Yearly Performance Comparison

	2026 (YTD)
BLOX Nicholas Crypto Income ETF	-23.61%
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	-8.11%

Returns By Period

BLOX

• 1D: 0.46%
• 1M: -12.15%
• YTD: -18.45%
• 6M: -37.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARKD

• 1D: 1.22%
• 1M: -3.67%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BLOX vs. ARKD - Expense Ratio Comparison

BLOX has a 1.03% expense ratio, which is higher than ARKD's 0.90% expense ratio.

BLOX

Nicholas Crypto Income ETF

ARKD

ARK 21Shares Digital Asset and Blockchain Strategy ETF

Return for Risk

BLOX vs. ARKD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nicholas Crypto Income ETF (BLOX) and ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD). 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

	BLOX	ARKD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.25	-1.42	+1.17

Correlation

The correlation between BLOX and ARKD is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BLOX vs. ARKD - Dividend Comparison

BLOX's dividend yield for the trailing twelve months is around 42.04%, while ARKD has not paid dividends to shareholders.

	TTM	2025
BLOX Nicholas Crypto Income ETF	42.04%	22.69%
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	0.00%	0.00%

Drawdowns

BLOX vs. ARKD - Drawdown Comparison

The maximum BLOX drawdown since its inception was -47.09%, which is greater than ARKD's maximum drawdown of -14.03%. Use the drawdown chart below to compare losses from any high point for BLOX and ARKD.

Drawdown Indicators

	BLOX	ARKD	Difference
Max Drawdown Largest peak-to-trough decline	-47.09%	-14.03%	-33.06%
Current Drawdown Current decline from peak	-43.63%	-10.43%	-33.20%
Average Drawdown Average peak-to-trough decline	-16.70%	-6.73%	-9.97%

Volatility

Volatility by Period

	BLOX	ARKD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	55.26%	20.96%	+34.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.26%	20.96%	+34.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.26%	20.96%	+34.30%