SUIS vs. WGMI

Last updated Jul 12, 2026

SUIS (Canary Staked SUI ETF) and WGMI (CoinShares Bitcoin Miners ETF) are both exchange-traded funds - SUIS is a Blockchain fund tracking the CoinDesk Sui USD CCIXber 60m New York Rate, while WGMI is a Cryptocurrency fund actively managed by CoinShares. SUIS is passively managed, while WGMI is actively managed. At a 0.38 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

SUIS vs. WGMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Canary Staked SUI ETF (SUIS) and CoinShares Bitcoin Miners ETF (WGMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SUIS

• 1D: 2.57%
• 1M: -1.43%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WGMI

• 1D: -2.95%
• 1M: -15.87%
• 6M: 23.28%
• YTD: 45.02%
• 1Y: 123.97%
• 3Y*: 49.90%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SUIS vs. WGMI - Yearly Performance Comparison

	2026 (YTD)
SUIS Canary Staked SUI ETF	-22.89%
WGMI CoinShares Bitcoin Miners ETF	38.75%

Correlation

The correlation between SUIS and WGMI is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 18, 2026	0.38

Return for Risk

SUIS vs. WGMI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SUIS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

WGMI

WGMI Risk / Return Rank: 51
WGMI Sharpe Ratio Rank: 56
WGMI Sortino Ratio Rank: 55
WGMI Omega Ratio Rank: 48
WGMI Calmar Ratio Rank: 58
WGMI Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SUIS vs. WGMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Canary Staked SUI ETF (SUIS) 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.

	SUIS	WGMI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.53	—
Sortino ratio: Return per unit of downside risk	—	2.11	—
Omega ratio: Gain probability vs. loss probability	—	1.25	—
Calmar ratio: Return relative to maximum drawdown	—	2.32	—
Martin ratio: Return relative to average drawdown	—	4.64	—

Drawdowns

SUIS vs. WGMI - Drawdown Comparison

The maximum SUIS drawdown since its inception was -48.70%, smaller than the maximum WGMI drawdown of -85.76%. Use the drawdown chart below to compare losses from any high point for SUIS and WGMI.

Drawdown Indicators

	SUIS	WGMI	Difference
Max Drawdown Largest peak-to-trough decline	-48.70%	-85.76%	+37.06%
Max Drawdown (1Y) Largest decline over 1 year	—	-50.94%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-62.79%	—
Current Drawdown Current decline from peak	-43.72%	-23.02%	-20.70%
Average Drawdown Average peak-to-trough decline	-19.86%	-42.16%	+22.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	25.45%	—

Volatility

Volatility by Period

	SUIS	WGMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	55.76%	—
Volatility (1Y) Calculated over the trailing 1-year period	81.08%	77.32%	+3.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.08%	81.53%	-0.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.08%	81.53%	-0.45%

SUIS vs. WGMI - Expense Ratio Comparison

Both SUIS and WGMI have an expense ratio of 0.75%.

Dividends

SUIS vs. WGMI - Dividend Comparison

Neither SUIS nor WGMI has paid dividends to shareholders.

Position	TTM	2025	2024	2023
SUIS Canary Staked SUI ETF	0.00%	0.00%	0.00%	0.00%
WGMI CoinShares Bitcoin Miners ETF	0.00%	0.00%	0.22%	0.31%

Frequently Asked Questions

Can I hold both SUIS and WGMI in my portfolio?

SUIS and WGMI have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SUIS or WGMI?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SUIS or WGMI?

SUIS and WGMI have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, SUIS or WGMI?

SUIS and WGMI have nearly identical dividend yields, around 0.00%.

What is the main difference between SUIS and WGMI?

SUIS is categorized as Blockchain, while WGMI is Cryptocurrency. They also come from different issuers: Canary and CoinShares.