XRPT vs. ARKY

Last updated Apr 2, 2026

Compare and contrast key facts about Volatility Shares 2x XRP ETF (XRPT) and ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY).

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

Performance

XRPT vs. ARKY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Volatility Shares 2x XRP ETF (XRPT) and ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY). The values are adjusted to include any dividend payments, if applicable.

XRPT vs. ARKY - Yearly Performance Comparison

	2026 (YTD)
XRPT Volatility Shares 2x XRP ETF	-19.19%
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF	0.00%

Returns By Period

XRPT

• 1D: 1.34%
• 1M: -10.27%
• YTD: -58.49%
• 6M: -87.47%
• 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)

XRPT vs. ARKY - Expense Ratio Comparison

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

ARKY

ARK 21Shares Active Bitcoin Ethereum Strategy ETF

XRPT

Volatility Shares 2x XRP ETF

Return for Risk

XRPT vs. ARKY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Volatility Shares 2x XRP ETF (XRPT) 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

	XRPT	ARKY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.57	—	—

Dividends

XRPT vs. ARKY - Dividend Comparison

XRPT's dividend yield for the trailing twelve months is around 3.52%, while ARKY has not paid dividends to shareholders.

	TTM	2025
XRPT Volatility Shares 2x XRP ETF	3.52%	1.23%
ARKY ARK 21Shares Active Bitcoin Ethereum Strategy ETF	0.00%	0.00%

Drawdowns

XRPT vs. ARKY - Drawdown Comparison

The maximum XRPT drawdown since its inception was -93.94%, which is greater than ARKY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for XRPT and ARKY.

Drawdown Indicators

	XRPT	ARKY	Difference
Max Drawdown Largest peak-to-trough decline	-93.94%	0.00%	-93.94%
Current Drawdown Current decline from peak	-93.00%	0.00%	-93.00%
Average Drawdown Average peak-to-trough decline	-57.01%	0.00%	-57.01%

Volatility

Volatility by Period

	XRPT	ARKY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	159.44%	0.00%	+159.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	159.44%	0.00%	+159.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	159.44%	0.00%	+159.44%