A detailed analysis of published data on the N 2 , Ar, and He content and Ar and He isotopic composition of fumarolic fluids from Vulcano crater (south Italy) supports a model with two endmembers comprising magmatic and hydrothermal fluids with correspondingly low and high H 2 O content. The magmatic component with the highest 3 He/ 4 He and highest absolute concentrations of N 2 , Ar, and He also has the lowest N 2 /Ar and N 2 /He ratios (∼300 and ∼500, respectively). In contrast, the hydrothermal endmember, with the lower 3 He/ 4 He and lower absolute N 2 , Ar, and He abundances, has high N 2 /Ar (∼1,000) and high N 2 /He (>3,000) ratios. The hydrothermal component is also characterized by the highest 40 Ar/ 36 Ar ratios (>1,000) and is proposed to be the main carrier of metamorphic gases from the arc crust.