BTGD vs. ARKY

Last updated Apr 1, 2026

Compare and contrast key facts about STKD Bitcoin & Gold ETF (BTGD) and ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY).

BTGD and ARKY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BTGD is an actively managed fund by Quantify Funds. It was launched on Oct 15, 2024. ARKY is an actively managed fund by ARK. It was launched on Nov 14, 2023.

Performance

BTGD vs. ARKY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in STKD Bitcoin & Gold ETF (BTGD) and ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY). The values are adjusted to include any dividend payments, if applicable.

BTGD vs. ARKY - Yearly Performance Comparison

	2026 (YTD)
BTGD STKD Bitcoin & Gold ETF	-10.73%
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF	0.00%

Returns By Period

BTGD

• 1D: 5.80%
• 1M: -9.91%
• YTD: -20.27%
• 6M: -34.23%
• 1Y: 5.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARKY

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BTGD vs. ARKY - Expense Ratio Comparison

Both BTGD and ARKY have an expense ratio of 1.00%.

BTGD

STKD Bitcoin & Gold ETF

ARKY

ARK 21Shares Active Bitcoin Ethereum Strategy ETF

Return for Risk

BTGD vs. ARKY — Risk / Return Rank

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

BTGD

BTGD Risk / Return Rank: 17
BTGD Sharpe Ratio Rank: 15
BTGD Sortino Ratio Rank: 21
BTGD Omega Ratio Rank: 20
BTGD Calmar Ratio Rank: 15
BTGD Martin Ratio Rank: 14

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.

BTGD vs. ARKY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STKD Bitcoin & Gold ETF (BTGD) 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.

	BTGD	ARKY	Difference
Sharpe ratio Return per unit of total volatility	0.10	—	—
Sortino ratio Return per unit of downside risk	0.54	—	—
Omega ratio Gain probability vs. loss probability	1.07	—	—
Calmar ratio Return relative to maximum drawdown	0.11	—	—
Martin ratio Return relative to average drawdown	0.27	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BTGD	ARKY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.10	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	—	—

Dividends

BTGD vs. ARKY - Dividend Comparison

BTGD's dividend yield for the trailing twelve months is around 4.22%, while ARKY has not paid dividends to shareholders.

	TTM	2025	2024
BTGD STKD Bitcoin & Gold ETF	4.22%	3.36%	0.19%
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF	0.00%	0.00%	0.00%

Drawdowns

BTGD vs. ARKY - Drawdown Comparison

The maximum BTGD drawdown since its inception was -45.14%, which is greater than ARKY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BTGD and ARKY.

Drawdown Indicators

	BTGD	ARKY	Difference
Max Drawdown Largest peak-to-trough decline	-45.14%	0.00%	-45.14%
Max Drawdown (1Y) Largest decline over 1 year	-45.14%	—	—
Current Drawdown Current decline from peak	-41.60%	0.00%	-41.60%
Average Drawdown Average peak-to-trough decline	-11.98%	0.00%	-11.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.83%	—	—

Volatility

Volatility by Period

	BTGD	ARKY	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	48.05%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	56.78%	0.00%	+56.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.74%	0.00%	+56.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.74%	0.00%	+56.74%