EC vs. WGMI
EC (Ecopetrol S.A.) is a stock, while WGMI (CoinShares Bitcoin Miners ETF) is Cryptocurrency fund actively managed by CoinShares. Over the past 3 years, EC returned 36.49%/yr vs 49.81%/yr for WGMI. Their 0.19 correlation means their historical movements had little consistent relationship.
Performance
EC vs. WGMI - Performance Comparison
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Returns By Period
In the year-to-date period, EC achieves a 75.68% return, which is significantly higher than WGMI's 34.47% return.
EC
- 1D
- -1.58%
- 1M
- 14.08%
- 6M
- 40.04%
- YTD
- 75.68%
- 1Y
- 112.34%
- 3Y*
- 36.49%
- 5Y*
- 22.09%
- 10Y*
- 19.54%
- ALL TIME*
- 6.71%
WGMI
- 1D
- -2.67%
- 1M
- -3.25%
- 6M
- 14.20%
- YTD
- 34.47%
- 1Y
- 119.73%
- 3Y*
- 49.81%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.43%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $34.19M | $36.57M | $44.75M | |
| $36.52M | $32.75M | $41.50M |
EC vs. WGMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EC Ecopetrol S.A. | 75.68% | 58.65% | -24.25% | 41.83% | -17.46% |
WGMI CoinShares Bitcoin Miners ETF | 34.47% | 72.47% | 23.54% | 304.08% | -82.94% |
Correlation
The correlation between EC and WGMI is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.16 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (All Time) Calculated using the full available price history since Feb 8, 2022 | 0.19 |
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Return for Risk
EC vs. WGMI — Risk / Return Rank
EC
WGMI
EC vs. WGMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ecopetrol S.A. (EC) 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.
| EC | WGMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.62 | ||
| Sortino ratioReturn per unit of downside risk | +1.52 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.23 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 7.81 | 2.05 | +5.76 |
| Martin ratioReturn relative to average drawdown | 18.87 | 3.96 | +14.91 |
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Drawdowns
EC vs. WGMI - Drawdown Comparison
The maximum EC drawdown since its inception was -90.16%, which is greater than WGMI's maximum drawdown of -85.76%. Use the drawdown chart below to compare losses from any high point for EC and WGMI.
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Drawdown Indicators
| EC | WGMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.16% | -85.76% | -4.40% |
Max Drawdown (1Y)Largest decline over 1 year | -14.11% | -50.94% | +36.83% |
Max Drawdown (3Y)Largest decline over 3 years | -38.00% | -62.79% | +24.79% |
Max Drawdown (5Y)Largest decline over 5 years | -48.60% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -73.36% | — | — |
Current DrawdownCurrent decline from peak | -15.05% | -28.63% | +13.58% |
Average DrawdownAverage peak-to-trough decline | -50.95% | -41.97% | -8.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.83% | 26.29% | -20.46% |
Volatility
EC vs. WGMI - Volatility Comparison
The current volatility for Ecopetrol S.A. (EC) is 8.78%, while CoinShares Bitcoin Miners ETF (WGMI) has a volatility of 35.22%. This indicates that EC 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.
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Volatility by Period
| EC | WGMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.78% | 35.22% | -26.44% |
Volatility (6M)Calculated over the trailing 6-month period | 31.57% | 61.62% | -30.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.35% | 83.14% | -44.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.73% | 82.40% | -44.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.81% | 82.40% | -41.59% |
Dividends
EC vs. WGMI - Dividend Comparison
EC's dividend yield for the trailing twelve months is around 3.94%, while WGMI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EC Ecopetrol S.A. | 3.94% | 20.77% | 20.47% | 22.02% | 22.47% | 0.72% | 6.92% | 9.87% | 4.01% | 1.06% | 0.00% | 14.83% |
WGMI CoinShares Bitcoin Miners ETF | 0.00% | 0.00% | 0.22% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EC and WGMI have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WGMI has higher volatility (35.22%) compared to EC (8.78%). In terms of maximum drawdown, EC dropped -90.16% vs WGMI's -85.76%.
EC currently has the higher Sharpe Ratio (2.88 vs 1.25), 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.
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