ARKB vs FSMD

Comparison between ARK 21Shares Bitcoin ETF (ARKB, ETF) and FIDELITY SMALL-MID MULTIFACTOR ETF (FSMD, ETF).

ARKB vs FSMD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ARKB(ETF)	FSMD(ETF)
Net Assets	$2.40B	$2.40B
Expense Ratio	0.21%	0.15%
Max Drawdown	52.04%	40.93%
Sharpe Ratio	-1.11	1.33
5Y Beta	1.27	0.95
P/E Ratio	N/A	20.12
Forward P/E	N/A	15.40
5Y Dividends CAGR	N/A	10.63%
5Y EPS CAGR	N/A	15.81%
Debt to Equity	N/A	29.89%
P/S Ratio	N/A	1.61
P/B Ratio	N/A	2.63

Net Assets

ARKB

$2.40B

FSMD

$2.40B

Expense Ratio

ARKB

0.21%

Winner

FSMD

0.15%

Max Drawdown

ARKB

52.04%

Winner

FSMD

40.93%

Sharpe Ratio

ARKB

-1.11

Winner

FSMD

1.33

5Y Beta

ARKB

1.27

Winner

FSMD

0.95

P/E Ratio

ARKB

N/A

FSMD

20.12

Forward P/E

ARKB

N/A

FSMD

15.40

5Y Dividends CAGR

ARKB

N/A

FSMD

10.63%

5Y EPS CAGR

ARKB

N/A

FSMD

15.81%

Debt to Equity

ARKB

N/A

FSMD

29.89%

P/S Ratio

ARKB

N/A

FSMD

1.61

P/B Ratio

ARKB

N/A

FSMD

2.63

ARKB vs FSMD - Historical Returns

Returns include dividend reinvestment.

Period	ARKB	FSMD
1 month	-21.34%	+4.42%
3 months	-9.88%	+17.32%
6 months	-29.62%	+15.59%
1 year	-40.64%	+27.74%
5 years(CAGR)	N/A	+10.01%
Max(CAGR)	+13.30%	+12.12%

ARKB

-21.34%

Winner

FSMD

+4.42%

ARKB

-9.88%

Winner

FSMD

+17.32%

ARKB

-29.62%

Winner

FSMD

+15.59%

ARKB

-40.64%

Winner

FSMD

+27.74%

5Y(CAGR)

ARKB

N/A

FSMD

+10.01%

Max(CAGR)

Winner

ARKB

+13.30%

FSMD

+12.12%

ARKB vs FSMD - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	ARKB	FSMD
2026	-29.24%	+16.66%
2025	-10.43%	+8.92%
2024	+99.46%	+15.63%
2023	N/A	+17.73%
2022	N/A	-11.54%
2021	N/A	+27.63%
2020	N/A	+8.61%
2019	N/A	+8.81%

ARKB vs FSMD Drawdown Comparison

The maximum drawdown for ARKB was -52.04%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for FSMD was -40.66%, occurring on Mar 23, 2020. Recovery took 194 trading sessions.

The current ARKB drawdown is -49.45%.

Rank	ARKB	FSMD
#1	-52.04% Oct 6, 2025 - Jun 5, 2026	-40.66% Feb 19, 2020 - Nov 23, 2020
#2	-28.15% Dec 17, 2024 - May 20, 2025	-22.16% Nov 25, 2024 - Sep 11, 2025
#3	-27.40% Mar 13, 2024 - Nov 6, 2024	-20.63% Nov 16, 2021 - Dec 14, 2023
#4	-16.13% Jan 11, 2024 - Feb 9, 2024	-8.43% Feb 26, 2026 - Apr 13, 2026
#5	-11.95% Aug 13, 2025 - Oct 6, 2025	-7.33% May 3, 2019 - Jul 24, 2019
#6	-8.48% Mar 4, 2024 - Mar 8, 2024	-7.32% Jul 31, 2024 - Aug 30, 2024
#7	-8.44% May 22, 2025 - Jul 9, 2025	-7.15% Mar 28, 2024 - May 15, 2024
#8	-8.30% Nov 22, 2024 - Dec 6, 2024	-6.03% Jul 26, 2019 - Oct 28, 2019
#9	-5.72% Jul 14, 2025 - Aug 13, 2025	-5.92% Sep 18, 2025 - Dec 10, 2025
#10	-5.32% Dec 6, 2024 - Dec 11, 2024	-5.53% Jun 11, 2021 - Aug 11, 2021
#11	-2.56% Nov 13, 2024 - Nov 15, 2024	-5.44% Mar 15, 2021 - Apr 14, 2021
#12	-2.04% Feb 20, 2024 - Feb 22, 2024	-5.01% Sep 2, 2021 - Oct 20, 2021
#13	-1.86% Feb 22, 2024 - Feb 26, 2024	-4.72% Aug 30, 2024 - Sep 19, 2024
#14	-1.67% Feb 12, 2024 - Feb 14, 2024	-4.70% May 7, 2021 - Jun 8, 2021
#15	-1.46% Dec 11, 2024 - Dec 13, 2024	-4.49% Feb 24, 2021 - Mar 10, 2021