EEMV vs. ARKB
EEMV (iShares MSCI Emerging Markets Min Vol Factor ETF) and ARKB (ARK 21Shares Bitcoin ETF) are both exchange-traded funds - EEMV is a Asia Pacific Equities fund tracking the MSCI Emerging Markets Minimum Volatility Index, while ARKB is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, EEMV returned 27.78% vs -36.82% for ARKB. At a 0.34 correlation, their price movements are largely independent. EEMV charges 0.25%/yr vs 0.21%/yr for ARKB.
Performance
EEMV vs. ARKB - Performance Comparison
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Returns By Period
In the year-to-date period, EEMV achieves a 20.09% return, which is significantly higher than ARKB's -23.93% return.
EEMV
- 1D
- 2.55%
- 1M
- 7.71%
- YTD
- 20.09%
- 6M
- 21.21%
- 1Y
- 27.78%
- 3Y*
- 14.32%
- 5Y*
- 6.38%
- 10Y*
- 7.04%
ARKB
- 1D
- 4.79%
- 1M
- -15.85%
- YTD
- -23.93%
- 6M
- -22.44%
- 1Y
- -36.82%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EEMV vs. ARKB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF | 20.09% | 13.45% | 9.78% |
ARKB ARK 21Shares Bitcoin ETF | -23.93% | -6.59% | 86.54% |
Correlation
The correlation between EEMV and ARKB is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.34 |
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Return for Risk
EEMV vs. ARKB — Risk / Return Rank
EEMV
ARKB
EEMV vs. ARKB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EEMV | ARKB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.74 | ||
| Sortino ratioReturn per unit of downside risk | +3.76 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 0.87 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | -0.71 | +3.74 |
| Martin ratioReturn relative to average drawdown | 10.90 | -1.24 | +12.14 |
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Drawdowns
EEMV vs. ARKB - Drawdown Comparison
The maximum EEMV drawdown since its inception was -31.56%, smaller than the maximum ARKB drawdown of -52.04%. Use the drawdown chart below to compare losses from any high point for EEMV and ARKB.
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Drawdown Indicators
| EEMV | ARKB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.56% | -52.04% | +20.48% |
Max Drawdown (1Y)Largest decline over 1 year | -9.22% | -52.04% | +42.82% |
Max Drawdown (3Y)Largest decline over 3 years | -12.47% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.90% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.56% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -47.03% | +47.03% |
Average DrawdownAverage peak-to-trough decline | -7.96% | -16.61% | +8.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 29.75% | -27.19% |
Volatility
EEMV vs. ARKB - Volatility Comparison
The current volatility for iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) is 8.16%, while ARK 21Shares Bitcoin ETF (ARKB) has a volatility of 12.88%. This indicates that EEMV experiences smaller price fluctuations and is considered to be less risky than ARKB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EEMV | ARKB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.16% | 12.88% | -4.72% |
Volatility (6M)Calculated over the trailing 6-month period | 13.51% | 34.67% | -21.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.67% | 44.23% | -29.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.22% | 50.14% | -37.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.99% | 50.14% | -36.15% |
EEMV vs. ARKB - Expense Ratio Comparison
EEMV has a 0.25% expense ratio, which is higher than ARKB's 0.21% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EEMV vs. ARKB - Dividend Comparison
EEMV's dividend yield for the trailing twelve months is around 3.07%, while ARKB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARKB ARK 21Shares Bitcoin ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF | 3.07% | 2.65% | 3.50% | 2.75% | 1.93% | 2.14% | 2.45% | 2.63% | 2.46% | 2.34% | 2.79% | 2.55% |
Frequently Asked Questions
EEMV and ARKB have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARKB has higher volatility (12.88%) compared to EEMV (8.16%). In terms of maximum drawdown, EEMV dropped -31.56% vs ARKB's -52.04%.
On 1-year performance, EEMV leads with 27.78% vs -36.82% for ARKB. On fees, ARKB is cheaper at 0.21% per year. On volatility, EEMV has been the lower-risk option at 8.16%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EEMV has performed better with a 27.78% return vs -36.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ARKB is cheaper with a 0.21% expense ratio, compared with 0.25% for EEMV.
EEMV has the higher dividend yield at 3.07%, compared with 0.00% for ARKB.
EEMV is categorized as Asia Pacific Equities, while ARKB is Cryptocurrency. EEMV tracks MSCI Emerging Markets Minimum Volatility Index, while ARKB tracks CME CF Bitcoin Reference Rate - New York Variant. They also come from different issuers: iShares and ARK. Their fees differ too: 0.25% for EEMV and 0.21% for ARKB.
EEMV currently has the higher Sharpe Ratio (1.91 vs -0.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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