WGMI vs. BITX

In the year-to-date period, WGMI achieves a -18.39% return, which is significantly lower than BITX's 20.55% return.

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WGMI has a 0.75% expense ratio, which is lower than BITX's 1.85% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Valkyrie Bitcoin Miners ETF (WGMI) and Volatility Shares 2x Bitcoin Strategy ETF (BITX). 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.

The current WGMI Sharpe Ratio is 0.07, which is lower than the BITX Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of WGMI and BITX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

WGMI's dividend yield for the trailing twelve months is around 0.27%, less than BITX's 9.55% yield.

The maximum WGMI drawdown since its inception was -85.76%, which is greater than BITX's maximum drawdown of -61.28%. Use the drawdown chart below to compare losses from any high point for WGMI and BITX. For additional features, visit the drawdowns tool.

Valkyrie Bitcoin Miners ETF (WGMI) and Volatility Shares 2x Bitcoin Strategy ETF (BITX) have volatilities of 16.28% and 16.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.