SLON vs. ARKY

Last updated Jun 4, 2026

SLON (ProShares Ultra Solana ETF) and ARKY (ARK 21Shares Active Bitcoin Ethereum Strategy ETF) are both Cryptocurrency funds. SLON is passively managed, while ARKY is actively managed. SLON charges 2.14%/yr vs 1.00%/yr for ARKY.

Performance

SLON vs. ARKY - Performance Comparison

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

Returns By Period

SLON

• 1D: -9.37%
• 1M: -30.10%
• YTD: -74.41%
• 6M: -81.15%
• 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)

SLON vs. ARKY - Yearly Performance Comparison

	2026 (YTD)
SLON ProShares Ultra Solana ETF	-40.98%
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF	0.00%

Return for Risk

SLON vs. ARKY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Solana ETF (SLON) 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

	SLON	ARKY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.63	—	—

Drawdowns

SLON vs. ARKY - Drawdown Comparison

The maximum SLON drawdown since its inception was -95.19%, which is greater than ARKY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SLON and ARKY.

Drawdown Indicators

	SLON	ARKY	Difference
Max Drawdown Largest peak-to-trough decline	-95.19%	0.00%	-95.19%
Current Drawdown Current decline from peak	-95.19%	0.00%	-95.19%
Average Drawdown Average peak-to-trough decline	-63.84%	0.00%	-63.84%

Volatility

Volatility by Period

	SLON	ARKY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	146.78%	0.00%	+146.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	146.78%	0.00%	+146.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	146.78%	0.00%	+146.78%

SLON vs. ARKY - Expense Ratio Comparison

SLON has a 2.14% expense ratio, which is higher than ARKY's 1.00% expense ratio.

Dividends

SLON vs. ARKY - Dividend Comparison

SLON's dividend yield for the trailing twelve months is around 22.44%, while ARKY has not paid dividends to shareholders.

Position	TTM	2025
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF	0.00%	0.00%
SLON ProShares Ultra Solana ETF	22.44%	5.74%

Frequently Asked Questions

Which ETF is better, SLON or ARKY?

On fees, ARKY is cheaper at 1.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SLON or ARKY?

ARKY is cheaper with a 1.00% expense ratio, compared with 2.14% for SLON.

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

SLON has the higher dividend yield at 22.44%, compared with 0.00% for ARKY.

What is the main difference between SLON and ARKY?

They also come from different issuers: ProShares and ARK. Their fees differ too: 2.14% for SLON and 1.00% for ARKY.