XRPI vs. ARKD

Last updated Apr 1, 2026

Compare and contrast key facts about Volatility Shares XRP ETF (XRPI) and ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD).

XRPI and ARKD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XRPI is an actively managed fund by Volatility Shares. It was launched on May 22, 2025. ARKD is an actively managed fund by ARK. It was launched on Nov 14, 2023.

Performance

XRPI vs. ARKD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Volatility Shares XRP ETF (XRPI) and ARK 21Shares Digital Asset and Blockchain Strategy ETF (ARKD). The values are adjusted to include any dividend payments, if applicable.

XRPI vs. ARKD - Yearly Performance Comparison

	2026 (YTD)
XRPI Volatility Shares XRP ETF	-33.58%
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	-9.22%

Returns By Period

XRPI

• 1D: 1.61%
• 1M: -1.41%
• YTD: -27.87%
• 6M: -55.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARKD

• 1D: 2.93%
• 1M: -3.93%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XRPI vs. ARKD - Expense Ratio Comparison

XRPI has a 0.94% expense ratio, which is higher than ARKD's 0.90% expense ratio.

XRPI

Volatility Shares XRP ETF

ARKD

ARK 21Shares Digital Asset and Blockchain Strategy ETF

Return for Risk

XRPI vs. ARKD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Volatility Shares XRP ETF (XRPI) 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

	XRPI	ARKD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.71	-1.61	+0.90

Correlation

The correlation between XRPI and ARKD is 0.64, 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.

Dividends

XRPI vs. ARKD - Dividend Comparison

XRPI's dividend yield for the trailing twelve months is around 2.89%, while ARKD has not paid dividends to shareholders.

	TTM	2025
XRPI Volatility Shares XRP ETF	2.89%	1.54%
ARKD ARK 21Shares Digital Asset and Blockchain Strategy ETF	0.00%	0.00%

Drawdowns

XRPI vs. ARKD - Drawdown Comparison

The maximum XRPI drawdown since its inception was -69.91%, which is greater than ARKD's maximum drawdown of -14.03%. Use the drawdown chart below to compare losses from any high point for XRPI and ARKD.

Drawdown Indicators

	XRPI	ARKD	Difference
Max Drawdown Largest peak-to-trough decline	-69.91%	-14.03%	-55.88%
Current Drawdown Current decline from peak	-66.34%	-11.51%	-54.83%
Average Drawdown Average peak-to-trough decline	-34.45%	-6.67%	-27.78%

Volatility

Volatility by Period

	XRPI	ARKD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	80.74%	20.95%	+59.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	80.74%	20.95%	+59.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	80.74%	20.95%	+59.79%