Valkyrie Bitcoin Miners ETF (WGMI)
WGMI is an actively managed ETF by Valkyrie. WGMI launched on Feb 7, 2022 and has a 0.75% expense ratio.
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 |
Expense Ratio
WGMI features an expense ratio of 0.75%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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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. SMH, WGMI vs. HODL
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.
Returns By Period
Valkyrie Bitcoin Miners ETF had a return of 67.39% year-to-date (YTD) and 215.93% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 67.39% | 25.82% |
| 1 month | 59.17% | 3.20% |
| 6 months | 110.55% | 14.94% |
| 1 year | 215.93% | 35.92% |
| 5 years (annualized) | N/A | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -27.89% | 31.28% | 7.39% | -23.33% | 17.25% | 28.69% | 1.94% | -17.70% | 7.04% | 11.78% | 67.39% | ||
| 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 | 0.31% | -3.24% | -31.95% | -17.93% | -37.53% | 27.81% | -4.59% | -20.72% | -11.43% | -25.30% | -21.16% | -82.93% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of WGMI is 60, 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.
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.
Dividends
Dividend History
Valkyrie Bitcoin Miners ETF provided a 0.18% dividend yield over the last twelve months, with an annual payout of $0.06 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $0.06 | $0.06 |
Dividend yield | 0.18% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -85.76% | Feb 10, 2022 | 222 | Dec 28, 2022 | 470 | Nov 11, 2024 | 692 |
Volatility
Volatility Chart
The current Valkyrie Bitcoin Miners ETF volatility is 27.65%, 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.