EHY vs. ARKD

Last updated Jun 4, 2026

EHY (Amplify Ethereum Max Income Covered Call ETF) and ARKD (ARK 21Shares Digital Asset and Blockchain Strategy ETF) are both Cryptocurrency funds. Both are actively managed. A 0.70 correlation means they provide meaningful diversification when combined. EHY charges 0.75%/yr vs 0.90%/yr for ARKD.

Performance

EHY vs. ARKD - Performance Comparison

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

Returns By Period

EHY

• 1D: -6.90%
• 1M: -26.11%
• YTD: -38.15%
• 6M: -36.98%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARKD

• 1D: -1.44%
• 1M: -0.46%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EHY vs. ARKD - Yearly Performance Comparison

	2026 (YTD)
EHY Amplify Ethereum Max Income Covered Call ETF	-40.12%
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	-2.04%

Correlation

The correlation between EHY and ARKD is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 5, 2026	0.70

Return for Risk

EHY vs. ARKD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Ethereum Max Income Covered Call ETF (EHY) 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

	EHY	ARKD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.21	-0.25	-0.96

Drawdowns

EHY vs. ARKD - Drawdown Comparison

The maximum EHY drawdown since its inception was -54.05%, which is greater than ARKD's maximum drawdown of -14.03%. Use the drawdown chart below to compare losses from any high point for EHY and ARKD.

Drawdown Indicators

	EHY	ARKD	Difference
Max Drawdown Largest peak-to-trough decline	-54.05%	-14.03%	-40.02%
Current Drawdown Current decline from peak	-54.05%	-4.51%	-49.54%
Average Drawdown Average peak-to-trough decline	-33.13%	-6.21%	-26.92%

Volatility

Volatility by Period

	EHY	ARKD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	58.36%	19.81%	+38.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.36%	19.81%	+38.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.36%	19.81%	+38.55%

EHY vs. ARKD - Expense Ratio Comparison

EHY has a 0.75% expense ratio, which is lower than ARKD's 0.90% expense ratio.

Dividends

EHY vs. ARKD - Dividend Comparison

EHY's dividend yield for the trailing twelve months is around 48.29%, while ARKD has not paid dividends to shareholders.

Position	TTM	2025
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	0.00%	0.00%
EHY Amplify Ethereum Max Income Covered Call ETF	48.29%	8.87%

Frequently Asked Questions

Can I hold both EHY and ARKD in my portfolio?

EHY and ARKD have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EHY or ARKD?

On fees, EHY is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EHY or ARKD?

EHY is cheaper with a 0.75% expense ratio, compared with 0.90% for ARKD.

Which ETF pays a higher dividend yield, EHY or ARKD?

EHY has the higher dividend yield at 48.29%, compared with 0.00% for ARKD.

What is the main difference between EHY and ARKD?

They also come from different issuers: Amplify and ARK. Their fees differ too: 0.75% for EHY and 0.90% for ARKD.