CRWV vs. WGMI
CRWV (CoreWeave, Inc.) is a stock, while WGMI (CoinShares Bitcoin Miners ETF) is Cryptocurrency fund actively managed by CoinShares. Over the past year, CRWV returned -40.61% vs 97.01% for WGMI. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
CRWV vs. WGMI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CRWV achieves a 2.02% return, which is significantly lower than WGMI's 37.71% return.
CRWV
- 1D
- -0.20%
- 1M
- -38.06%
- 6M
- -27.83%
- YTD
- 2.02%
- 1Y
- -40.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 61.39%
WGMI
- 1D
- 10.78%
- 1M
- -26.91%
- 6M
- 3.21%
- YTD
- 37.71%
- 1Y
- 97.01%
- 3Y*
- 48.22%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.18%
CRWV vs. WGMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CRWV CoreWeave, Inc. | 2.02% | 83.62% |
WGMI CoinShares Bitcoin Miners ETF | 37.71% | 172.58% |
Correlation
The correlation between CRWV and WGMI is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2025 | 0.57 |
The correlation between CRWV and WGMI has been stable across timeframes, ranging from 0.57 to 0.59 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CRWV vs. WGMI — Risk / Return Rank
CRWV
WGMI
CRWV vs. WGMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CoreWeave, Inc. (CRWV) and CoinShares Bitcoin Miners ETF (WGMI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CRWV | WGMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.68 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.22 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 1.91 | -2.63 |
| Martin ratioReturn relative to average drawdown | -1.17 | 3.77 | -4.94 |
Loading charts...
Drawdowns
CRWV vs. WGMI - Drawdown Comparison
The maximum CRWV drawdown since its inception was -64.84%, smaller than the maximum WGMI drawdown of -85.76%. Use the drawdown chart below to compare losses from any high point for CRWV and WGMI.
Loading charts...
Drawdown Indicators
| CRWV | WGMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.84% | -85.76% | +20.92% |
Max Drawdown (1Y)Largest decline over 1 year | -56.61% | -50.94% | -5.67% |
Max Drawdown (3Y)Largest decline over 3 years | — | -62.79% | — |
Current DrawdownCurrent decline from peak | -60.20% | -26.91% | -33.29% |
Average DrawdownAverage peak-to-trough decline | -38.10% | -42.09% | +3.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.68% | 25.85% | +8.83% |
Volatility
CRWV vs. WGMI - Volatility Comparison
The current volatility for CoreWeave, Inc. (CRWV) is 22.14%, while CoinShares Bitcoin Miners ETF (WGMI) has a volatility of 24.38%. This indicates that CRWV experiences smaller price fluctuations and is considered to be less risky than WGMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CRWV | WGMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.14% | 24.38% | -2.24% |
Volatility (6M)Calculated over the trailing 6-month period | 65.28% | 57.47% | +7.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 93.87% | 78.75% | +15.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 112.01% | 81.64% | +30.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 112.01% | 81.64% | +30.37% |
Dividends
CRWV vs. WGMI - Dividend Comparison
Neither CRWV nor WGMI has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CRWV CoreWeave, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
WGMI CoinShares Bitcoin Miners ETF | 0.00% | 0.00% | 0.22% | 0.31% |
Frequently Asked Questions
CRWV and WGMI have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WGMI has higher volatility (24.38%) compared to CRWV (22.14%). In terms of maximum drawdown, CRWV dropped -64.84% vs WGMI's -85.76%.
WGMI currently has the higher Sharpe Ratio (1.24 vs -0.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CRWV and WGMI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer