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Valkyrie Bitcoin Miners ETF (WGMI)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US91917A2078

Issuer

Valkyrie

Inception Date

Feb 7, 2022

Region

Global (Broad)

Category

Blockchain

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Cryptocurrency

Asset Class Size

Small-Cap

Asset Class Style

Growth

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
WGMI vs. SATO WGMI vs. BITQ WGMI vs. DAPP WGMI vs. BLOK WGMI vs. BITX WGMI vs. BITO WGMI vs. CRPT WGMI vs. AVDV WGMI vs. HODL WGMI vs. SMH
Popular comparisons:
WGMI vs. SATO WGMI vs. BITQ WGMI vs. DAPP WGMI vs. BLOK WGMI vs. BITX WGMI vs. BITO WGMI vs. CRPT WGMI vs. AVDV WGMI vs. HODL WGMI vs. SMH

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Valkyrie Bitcoin Miners ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-20.00%0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
61.95%
12.53%
WGMI (Valkyrie Bitcoin Miners ETF)
Benchmark (^GSPC)

Returns By Period

Valkyrie Bitcoin Miners ETF had a return of 53.94% year-to-date (YTD) and 181.15% in the last 12 months.


WGMI

YTD

53.94%

1M

27.87%

6M

61.95%

1Y

181.15%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

25.15%

1M

2.97%

6M

12.53%

1Y

31.00%

5Y (annualized)

13.95%

10Y (annualized)

11.21%

Monthly Returns

The table below presents the monthly returns of WGMI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-27.89%31.28%7.39%-23.33%17.25%28.69%1.94%-17.70%7.04%11.78%53.94%
202398.66%-12.39%19.67%12.78%5.14%17.84%23.29%-26.87%-20.63%2.15%17.56%61.56%304.08%
20220.31%-3.24%-31.95%-17.93%-37.53%27.81%-4.59%-20.72%-11.43%-25.30%-21.16%-82.93%

Expense Ratio

WGMI features an expense ratio of 0.75%, falling within the medium range.


Expense ratio chart for WGMI: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of WGMI is 58, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of WGMI is 5858
Combined Rank
The Sharpe Ratio Rank of WGMI is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of WGMI is 5858
Sortino Ratio Rank
The Omega Ratio Rank of WGMI is 5151
Omega Ratio Rank
The Calmar Ratio Rank of WGMI is 7171
Calmar Ratio Rank
The Martin Ratio Rank of WGMI is 4848
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Valkyrie Bitcoin Miners ETF (WGMI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for WGMI, currently valued at 2.05, compared to the broader market0.002.004.002.052.53
The chart of Sortino ratio for WGMI, currently valued at 2.63, compared to the broader market-2.000.002.004.006.008.0010.0012.002.633.39
The chart of Omega ratio for WGMI, currently valued at 1.30, compared to the broader market0.501.001.502.002.503.001.301.47
The chart of Calmar ratio for WGMI, currently valued at 2.82, compared to the broader market0.005.0010.0015.0020.002.823.65
The chart of Martin ratio for WGMI, currently valued at 7.04, compared to the broader market0.0020.0040.0060.0080.00100.00120.007.0416.21
WGMI
^GSPC

The current Valkyrie Bitcoin Miners ETF Sharpe ratio is 2.05. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Valkyrie Bitcoin Miners ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.05
2.53
WGMI (Valkyrie Bitcoin Miners ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Valkyrie Bitcoin Miners ETF provided a 0.20% dividend yield over the last twelve months, with an annual payout of $0.06 per share.


0.31%$0.00$0.01$0.02$0.03$0.04$0.052023
Dividends
Dividend Yield
PeriodTTM2023
Dividend$0.06$0.06

Dividend yield

0.20%0.31%

Monthly Dividends

The table displays the monthly dividend distributions for Valkyrie Bitcoin Miners ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.06$0.06

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-8.03%
-0.53%
WGMI (Valkyrie Bitcoin Miners ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Valkyrie Bitcoin Miners ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Valkyrie Bitcoin Miners ETF was 85.76%, occurring on Dec 28, 2022. Recovery took 470 trading sessions.

The current Valkyrie Bitcoin Miners ETF drawdown is 8.03%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-85.76%Feb 10, 2022222Dec 28, 2022470Nov 11, 2024692
-15.37%Nov 12, 20243Nov 14, 2024

Volatility

Volatility Chart

The current Valkyrie Bitcoin Miners ETF volatility is 30.68%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%JuneJulyAugustSeptemberOctoberNovember
30.68%
3.97%
WGMI (Valkyrie Bitcoin Miners ETF)
Benchmark (^GSPC)