XRPI vs. ARKY

Last updated Jun 3, 2026

XRPI (Volatility Shares XRP ETF) and ARKY (ARK 21Shares Active Bitcoin Ethereum Strategy ETF) are both Cryptocurrency funds. Both are actively managed. XRPI charges 0.94%/yr vs 1.00%/yr for ARKY.

Performance

XRPI vs. ARKY - Performance Comparison

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

Returns By Period

XRPI

• 1D: -5.89%
• 1M: -12.91%
• YTD: -35.15%
• 6M: -45.70%
• 1Y: -50.91%
• 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)

XRPI vs. ARKY - Yearly Performance Comparison

	2026 (YTD)
XRPI Volatility Shares XRP ETF	-17.61%
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF	0.00%

Return for Risk

XRPI vs. ARKY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XRPI

XRPI Risk / Return Rank: 3
XRPI Sharpe Ratio Rank: 3
XRPI Sortino Ratio Rank: 3
XRPI Omega Ratio Rank: 3
XRPI Calmar Ratio Rank: 3
XRPI Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XRPI vs. ARKY - Risk-Adjusted Trends Comparison

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

	XRPI	ARKY	Difference
Sharpe ratio Return per unit of total volatility	-0.67	—	—
Sortino ratio Return per unit of downside risk	-0.84	—	—
Omega ratio Gain probability vs. loss probability	0.91	—	—
Calmar ratio Return relative to maximum drawdown	-0.73	—	—
Martin ratio Return relative to average drawdown	-1.12	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XRPI	ARKY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.67	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.74	—	—

Drawdowns

XRPI vs. ARKY - Drawdown Comparison

The maximum XRPI drawdown since its inception was -69.91%, which is greater than ARKY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for XRPI and ARKY.

Drawdown Indicators

	XRPI	ARKY	Difference
Max Drawdown Largest peak-to-trough decline	-69.91%	0.00%	-69.91%
Max Drawdown (1Y) Largest decline over 1 year	-69.91%	—	—
Current Drawdown Current decline from peak	-69.74%	0.00%	-69.74%
Average Drawdown Average peak-to-trough decline	-39.64%	0.00%	-39.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	45.91%	—	—

Volatility

Volatility by Period

	XRPI	ARKY	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.84%	—	—
Volatility (6M) Calculated over the trailing 6-month period	52.17%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	76.03%	0.00%	+76.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.59%	0.00%	+75.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.59%	0.00%	+75.59%

XRPI vs. ARKY - Expense Ratio Comparison

XRPI has a 0.94% expense ratio, which is lower than ARKY's 1.00% expense ratio.

Dividends

XRPI vs. ARKY - Dividend Comparison

XRPI's dividend yield for the trailing twelve months is around 3.65%, while ARKY has not paid dividends to shareholders.

Position	TTM	2025
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF	0.00%	0.00%
XRPI Volatility Shares XRP ETF	3.65%	1.54%

Frequently Asked Questions

Which ETF is better, XRPI or ARKY?

On fees, XRPI is cheaper at 0.94% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XRPI or ARKY?

XRPI is cheaper with a 0.94% expense ratio, compared with 1.00% for ARKY.

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

XRPI has the higher dividend yield at 3.65%, compared with 0.00% for ARKY.

What is the main difference between XRPI and ARKY?

They also come from different issuers: Volatility Shares and ARK. Their fees differ too: 0.94% for XRPI and 1.00% for ARKY.