IBLC vs. ARKB
Compare and contrast key facts about iShares Blockchain and Tech ETF (IBLC) and ARK 21Shares Bitcoin ETF (ARKB).
IBLC and ARKB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBLC is a passively managed fund by iShares that tracks the performance of the ICE FactSet Global Blockchain Technologies Index. It was launched on Apr 25, 2022. ARKB is a passively managed fund by ARK Investment Management that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 10, 2024. Both IBLC and ARKB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBLC or ARKB.
Correlation
The correlation between IBLC and ARKB is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IBLC vs. ARKB - Performance Comparison
Key characteristics
IBLC:
0.23
ARKB:
1.46
IBLC:
0.83
ARKB:
2.15
IBLC:
1.09
ARKB:
1.25
IBLC:
0.40
ARKB:
2.97
IBLC:
0.84
ARKB:
6.72
IBLC:
17.75%
ARKB:
12.09%
IBLC:
65.04%
ARKB:
56.10%
IBLC:
-62.54%
ARKB:
-27.40%
IBLC:
-21.15%
ARKB:
-11.80%
Returns By Period
In the year-to-date period, IBLC achieves a 4.53% return, which is significantly higher than ARKB's 0.74% return.
IBLC
4.53%
-7.29%
22.97%
16.80%
N/A
N/A
ARKB
0.74%
-10.19%
57.92%
80.80%
N/A
N/A
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IBLC vs. ARKB - Expense Ratio Comparison
IBLC has a 0.47% expense ratio, which is higher than ARKB's 0.21% expense ratio.
Risk-Adjusted Performance
IBLC vs. ARKB — Risk-Adjusted Performance Rank
IBLC
ARKB
IBLC vs. ARKB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Blockchain and Tech ETF (IBLC) 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.
Dividends
IBLC vs. ARKB - Dividend Comparison
IBLC's dividend yield for the trailing twelve months is around 1.53%, while ARKB has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
IBLC iShares Blockchain and Tech ETF | 1.53% | 1.60% | 1.79% | 0.84% |
ARKB ARK 21Shares Bitcoin ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IBLC vs. ARKB - Drawdown Comparison
The maximum IBLC drawdown since its inception was -62.54%, which is greater than ARKB's maximum drawdown of -27.40%. Use the drawdown chart below to compare losses from any high point for IBLC and ARKB. For additional features, visit the drawdowns tool.
Volatility
IBLC vs. ARKB - Volatility Comparison
iShares Blockchain and Tech ETF (IBLC) has a higher volatility of 17.02% compared to ARK 21Shares Bitcoin ETF (ARKB) at 9.83%. This indicates that IBLC's price experiences larger fluctuations and is considered to be riskier than ARKB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.