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WGMI vs. AVDV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

WGMI vs. AVDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Valkyrie Bitcoin Miners ETF (WGMI) and Avantis International Small Cap Value ETF (AVDV). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
61.95%
0.98%
WGMI
AVDV

Returns By Period

In the year-to-date period, WGMI achieves a 53.94% return, which is significantly higher than AVDV's 9.06% return.


WGMI

YTD

53.94%

1M

27.87%

6M

61.95%

1Y

181.15%

5Y (annualized)

N/A

10Y (annualized)

N/A

AVDV

YTD

9.06%

1M

-0.62%

6M

0.98%

1Y

17.52%

5Y (annualized)

7.79%

10Y (annualized)

N/A

Key characteristics


WGMIAVDV
Sharpe Ratio2.051.24
Sortino Ratio2.631.71
Omega Ratio1.301.22
Calmar Ratio2.822.16
Martin Ratio7.046.22
Ulcer Index25.72%2.82%
Daily Std Dev88.56%14.15%
Max Drawdown-85.76%-43.01%
Current Drawdown-8.03%-5.91%

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WGMI vs. AVDV - Expense Ratio Comparison

WGMI has a 0.75% expense ratio, which is higher than AVDV's 0.36% expense ratio.


WGMI
Valkyrie Bitcoin Miners ETF
Expense ratio chart for WGMI: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for AVDV: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%

Correlation

-0.50.00.51.00.5

The correlation between WGMI and AVDV is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

WGMI vs. AVDV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Valkyrie Bitcoin Miners ETF (WGMI) and Avantis International Small Cap Value ETF (AVDV). 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.


Sharpe ratio
The chart of Sharpe ratio for WGMI, currently valued at 2.05, compared to the broader market0.002.004.002.051.24
The chart of Sortino ratio for WGMI, currently valued at 2.63, compared to the broader market-2.000.002.004.006.008.0010.0012.002.631.71
The chart of Omega ratio for WGMI, currently valued at 1.30, compared to the broader market0.501.001.502.002.503.001.301.22
The chart of Calmar ratio for WGMI, currently valued at 2.82, compared to the broader market0.005.0010.0015.0020.002.822.16
The chart of Martin ratio for WGMI, currently valued at 7.04, compared to the broader market0.0020.0040.0060.0080.00100.007.046.22
WGMI
AVDV

The current WGMI Sharpe Ratio is 2.05, which is higher than the AVDV Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of WGMI and AVDV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
2.05
1.24
WGMI
AVDV

Dividends

WGMI vs. AVDV - Dividend Comparison

WGMI's dividend yield for the trailing twelve months is around 0.20%, less than AVDV's 3.10% yield.


TTM20232022202120202019
WGMI
Valkyrie Bitcoin Miners ETF
0.20%0.31%0.00%0.00%0.00%0.00%
AVDV
Avantis International Small Cap Value ETF
3.10%3.29%3.17%2.39%1.67%0.36%

Drawdowns

WGMI vs. AVDV - Drawdown Comparison

The maximum WGMI drawdown since its inception was -85.76%, which is greater than AVDV's maximum drawdown of -43.01%. Use the drawdown chart below to compare losses from any high point for WGMI and AVDV. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-8.03%
-5.91%
WGMI
AVDV

Volatility

WGMI vs. AVDV - Volatility Comparison

Valkyrie Bitcoin Miners ETF (WGMI) has a higher volatility of 30.68% compared to Avantis International Small Cap Value ETF (AVDV) at 3.55%. This indicates that WGMI's price experiences larger fluctuations and is considered to be riskier than AVDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%JuneJulyAugustSeptemberOctoberNovember
30.68%
3.55%
WGMI
AVDV