FSMD vs ARKB

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

FSMD vs ARKB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FSMD(ETF)	ARKB(ETF)
Net Assets	$2.40B	$2.40B
Expense Ratio	0.15%	0.21%
Max Drawdown	40.93%	52.04%
Sharpe Ratio	1.42	-1.09
5Y Beta	0.95	1.27
P/E Ratio	20.12	N/A
Forward P/E	15.40	N/A
5Y Dividends CAGR	10.63%	N/A
5Y EPS CAGR	15.81%	N/A
Debt to Equity	29.89%	N/A
P/S Ratio	1.61	N/A
P/B Ratio	2.63	N/A

Net Assets

FSMD

$2.40B

ARKB

$2.40B

Expense Ratio

Winner

FSMD

0.15%

ARKB

0.21%

Max Drawdown

Winner

FSMD

40.93%

ARKB

52.04%

Sharpe Ratio

Winner

FSMD

1.42

ARKB

-1.09

5Y Beta

Winner

FSMD

0.95

ARKB

1.27

P/E Ratio

FSMD

20.12

ARKB

N/A

Forward P/E

FSMD

15.40

ARKB

N/A

5Y Dividends CAGR

FSMD

10.63%

ARKB

N/A

5Y EPS CAGR

FSMD

15.81%

ARKB

N/A

Debt to Equity

FSMD

29.89%

ARKB

N/A

P/S Ratio

FSMD

1.61

ARKB

N/A

P/B Ratio

FSMD

2.63

ARKB

N/A

FSMD vs ARKB - Historical Returns

Returns include dividend reinvestment.

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

Winner

FSMD

+4.42%

ARKB

-21.34%

Winner

FSMD

+17.32%

ARKB

-9.88%

Winner

FSMD

+15.59%

ARKB

-29.62%

Winner

FSMD

+27.74%

ARKB

-40.64%

5Y(CAGR)

FSMD

+10.01%

ARKB

N/A

Max(CAGR)

FSMD

+12.12%

Winner

ARKB

+13.30%

FSMD vs ARKB - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

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

FSMD vs ARKB Drawdown Comparison

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

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

The current ARKB drawdown is -49.45%.

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