GDOG vs. ARKY

Last updated Jun 4, 2026

GDOG (Grayscale Dogecoin Trust ETF) and ARKY (ARK 21Shares Active Bitcoin Ethereum Strategy ETF) are both Cryptocurrency funds. GDOG is passively managed, while ARKY is actively managed. GDOG charges 0.35%/yr vs 1.00%/yr for ARKY.

Performance

GDOG vs. ARKY - Performance Comparison

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

Returns By Period

GDOG

• 1D: -2.62%
• 1M: -17.02%
• YTD: -21.87%
• 6M: -39.30%
• 1Y: —
• 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)

GDOG vs. ARKY - Yearly Performance Comparison

	2026 (YTD)
GDOG Grayscale Dogecoin Trust ETF	-7.23%
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF	0.00%

Return for Risk

GDOG vs. ARKY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Dogecoin Trust ETF (GDOG) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GDOG	ARKY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.86	—	—

Drawdowns

GDOG vs. ARKY - Drawdown Comparison

The maximum GDOG drawdown since its inception was -42.91%, which is greater than ARKY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for GDOG and ARKY.

Drawdown Indicators

	GDOG	ARKY	Difference
Max Drawdown Largest peak-to-trough decline	-42.91%	0.00%	-42.91%
Current Drawdown Current decline from peak	-41.16%	0.00%	-41.16%
Average Drawdown Average peak-to-trough decline	-28.48%	0.00%	-28.48%

Volatility

Volatility by Period

	GDOG	ARKY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	73.98%	0.00%	+73.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.98%	0.00%	+73.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.98%	0.00%	+73.98%

GDOG vs. ARKY - Expense Ratio Comparison

GDOG has a 0.35% expense ratio, which is lower than ARKY's 1.00% expense ratio.

Dividends

GDOG vs. ARKY - Dividend Comparison

Neither GDOG nor ARKY has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, GDOG or ARKY?

On fees, GDOG is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GDOG or ARKY?

GDOG is cheaper with a 0.35% expense ratio, compared with 1.00% for ARKY.

Which ETF pays a higher dividend yield, GDOG or ARKY?

GDOG and ARKY have nearly identical dividend yields, around 0.00%.

What is the main difference between GDOG and ARKY?

They also come from different issuers: Grayscale and ARK. Their fees differ too: 0.35% for GDOG and 1.00% for ARKY.