- ISIN
- US91917A2078
- Issuer
- Valkyrie
- Inception Date
- Feb 7, 2022
- Region
- Global (Broad)
- Category
- Cryptocurrency
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Accumulating
- Asset Class
- Cryptocurrency
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $395M
Share Price Chart
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Performance
WGMI Performance Chart
Valkyrie Bitcoin Miners ETF (WGMI) is up 60.9% since the beginning of the year. WGMI is currently trading at $62 per share.
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Returns By Period
Valkyrie Bitcoin Miners ETF (WGMI) has returned 60.94% so far this year and 238.41% over the past 12 months.
Valkyrie Bitcoin Miners ETF
- 1D
- -11.20%
- 1M
- 1.37%
- YTD
- 60.94%
- 6M
- 35.27%
- 1Y
- 238.41%
- 3Y*
- 78.99%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- 0.25%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WGMI Monthly Returns History
Based on dividend-adjusted daily data since Feb 8, 2022, WGMI's average daily return is +0.21%, while the average monthly return is +4.74%. At this rate, an investment would double in approximately 1.2 years.
Historically, 55% of months were positive and 45% were negative. The best month was Jan 2023 with a return of +98.7%, while the worst month was Jun 2022 at -37.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, WGMI closed higher 48% of trading days. The best single day was Jan 12, 2023 with a return of +21.3%, while the worst single day was Jan 27, 2025 at -20.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 17.74% | -11.50% | -12.69% | 38.34% | 41.35% | -9.55% | 60.94% | ||||||
| 2025 | 1.62% | -20.98% | -28.34% | 7.13% | 20.39% | 38.07% | 11.08% | 21.22% | 44.48% | 29.72% | -15.61% | -20.98% | 72.47% |
| 2024 | -27.89% | 31.28% | 7.39% | -23.33% | 17.25% | 28.69% | 1.94% | -17.70% | 7.04% | 11.78% | 37.13% | -23.69% | 23.54% |
| 2023 | 98.66% | -12.39% | 19.67% | 12.78% | 5.14% | 17.84% | 23.29% | -26.87% | -20.63% | 2.15% | 17.56% | 61.56% | 304.08% |
| 2022 | -2.92% | -3.24% | -31.95% | -17.93% | -37.52% | 27.80% | -4.59% | -20.72% | -11.44% | -25.30% | -21.16% | -83.48% |
Benchmark Metrics
Valkyrie Bitcoin Miners ETF has an annualized alpha of 91.55%, beta of 3.68, and R2 of 0.35 versus S&P 500 Index. Calculated based on daily prices since February 09, 2022.
- This ETF captured 1902.65% of S&P 500 Index gains and 359.27% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.35 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 91.55%
- Beta
- 3.68
- R²
- 0.35
- Upside Capture
- 1,902.65%
- Downside Capture
- 359.27%
Expense Ratio
WGMI has an expense ratio of 0.75%, placing it in the medium range.
Return for Risk
Risk / Return Rank
WGMI ranks 75 for risk / return — better than 75% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Valkyrie Bitcoin Miners ETF (WGMI) and compare them to S&P 500 Index.
| WGMI | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.38 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.71 | — | — |
| Martin ratioReturn relative to average drawdown | 9.55 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Valkyrie Bitcoin Miners ETF provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.05 | $0.06 |
Dividend yield | 0.00% | 0.00% | 0.22% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
| 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.
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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 13.87%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -85.76%Dec 2022 | 10mo 21d | 1y 10mo | 2y 9moFeb 2022 - Nov 2024 |
2025 selloff2025 | -62.79%Apr 2025 | 4mo | 4mo 27d | 8mo 27dDec 2024 - Sep 2025 |
2026 bear market2026 | -50.94%Mar 2026 | 5mo 15d | 1mo 28d | 7mo 13dOct 2025 - May 2026 |
2024 correction2024 | -16.66%Nov 2024 | 14d | 10d | 24dNov 2024 - Dec 2024 |
2026 correction2026 | -13.87%Jun 2026 | 2d | — | 3d 2hJun 2026 - now |
Drawdown Indicators
| WGMI | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.76% | -9.10% | -76.66% |
Max Drawdown (1Y)Largest decline over 1 year | -50.94% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -62.79% | — | — |
Current DrawdownCurrent decline from peak | -13.87% | -2.97% | -10.90% |
Average DrawdownAverage peak-to-trough decline | -42.84% | -1.13% | -41.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.10% | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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