TTOP vs. ARKY

Last updated Apr 1, 2026

Compare and contrast key facts about 21Shares FTSE Crypto 10 Index ETF (TTOP) and ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY).

TTOP and ARKY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TTOP is a passively managed fund by 21Shares that tracks the performance of the FTSE Crypto 10 Select Index. It was launched on Nov 12, 2025. ARKY is an actively managed fund by ARK. It was launched on Nov 14, 2023.

Performance

TTOP vs. ARKY - Performance Comparison

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

TTOP vs. ARKY - Yearly Performance Comparison

	2026 (YTD)
TTOP 21Shares FTSE Crypto 10 Index ETF	-2.85%
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF	0.00%

Returns By Period

TTOP

• 1D: 2.05%
• 1M: 3.84%
• YTD: -23.82%
• 6M: —
• 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)

TTOP vs. ARKY - Expense Ratio Comparison

TTOP has a 0.50% expense ratio, which is lower than ARKY's 1.00% expense ratio.

ARKY

ARK 21Shares Active Bitcoin Ethereum Strategy ETF

TTOP

21Shares FTSE Crypto 10 Index ETF

Return for Risk

TTOP vs. ARKY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 21Shares FTSE Crypto 10 Index ETF (TTOP) 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

	TTOP	ARKY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.11	—	—

Dividends

TTOP vs. ARKY - Dividend Comparison

Neither TTOP nor ARKY has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

TTOP vs. ARKY - Drawdown Comparison

The maximum TTOP drawdown since its inception was -37.32%, which is greater than ARKY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for TTOP and ARKY.

Drawdown Indicators

	TTOP	ARKY	Difference
Max Drawdown Largest peak-to-trough decline	-37.32%	0.00%	-37.32%
Current Drawdown Current decline from peak	-32.34%	0.00%	-32.34%
Average Drawdown Average peak-to-trough decline	-18.20%	0.00%	-18.20%

Volatility

Volatility by Period

	TTOP	ARKY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	59.13%	0.00%	+59.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.13%	0.00%	+59.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.13%	0.00%	+59.13%