WGMI vs. VYMI

Last updated Jul 21, 2026

WGMI (CoinShares Bitcoin Miners ETF) and VYMI (Vanguard International High Dividend Yield ETF) are both exchange-traded funds - WGMI is a Cryptocurrency fund actively managed by CoinShares, while VYMI is a Dividend fund tracking the FTSE All-World ex US High Dividend Yield Index. WGMI is actively managed, while VYMI is passively managed. Over the past 3 years, WGMI returned 48.22%/yr vs 20.68%/yr for VYMI. At a 0.42 correlation, their price movements are largely independent. WGMI charges 0.75%/yr vs 0.07%/yr for VYMI.

Performance

WGMI vs. VYMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CoinShares Bitcoin Miners ETF (WGMI) and Vanguard International High Dividend Yield ETF (VYMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WGMI achieves a 37.71% return, which is significantly higher than VYMI's 13.64% return.

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%

VYMI

• 1D: -0.65%
• 1M: 0.98%
• 6M: 10.39%
• YTD: 13.64%
• 1Y: 30.07%
• 3Y*: 20.68%
• 5Y*: 13.43%
• 10Y*: 10.70%
• ALL TIME*: 11.03%

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

WGMI vs. VYMI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WGMI CoinShares Bitcoin Miners ETF	37.71%	72.47%	23.54%	304.08%	-82.94%
VYMI Vanguard International High Dividend Yield ETF	13.64%	38.05%	7.06%	17.07%	-10.38%

Correlation

The correlation between WGMI and VYMI is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (All Time) Calculated using the full available price history since Feb 8, 2022	0.42

The correlation between WGMI and VYMI shifts across timeframes, from 0.32 (1 year) to 0.42 (all time), reflecting how their relationship changes across market environments.

WGMI vs. VYMI - Sectors Allocation Comparison

Sectors	WGMI	VYMI
Technology	47.8%	5.2%
Financial Services	45.4%	42.4%
Utilities	4.1%	5.2%
Communication Services	2.0%	3.5%
Industrials	0.7%	6.3%
Basic Materials	-	6.4%
Consumer Cyclical	-	5.9%
Consumer Defensive	-	6.7%
Energy	-	7.9%
Healthcare	-	6.5%
Real Estate	-	1.1%

Return for Risk

WGMI vs. VYMI — Risk / Return Rank

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

WGMI

WGMI Risk / Return Rank: 45
WGMI Sharpe Ratio Rank: 47
WGMI Sortino Ratio Rank: 50
WGMI Omega Ratio Rank: 44
WGMI Calmar Ratio Rank: 50
WGMI Martin Ratio Rank: 34

VYMI

VYMI Risk / Return Rank: 85
VYMI Sharpe Ratio Rank: 89
VYMI Sortino Ratio Rank: 88
VYMI Omega Ratio Rank: 88
VYMI Calmar Ratio Rank: 78
VYMI Martin Ratio Rank: 81

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.

WGMI vs. VYMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CoinShares Bitcoin Miners ETF (WGMI) and Vanguard International High Dividend Yield ETF (VYMI). 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.

	WGMI	VYMI	Difference
Sharpe ratio: Return per unit of total volatility	1.24	2.28	-1.04
Sortino ratio: Return per unit of downside risk	1.90	3.14	-1.25
Omega ratio: Gain probability vs. loss probability	1.22	1.41	-0.19
Calmar ratio: Return relative to maximum drawdown	1.91	2.98	-1.06
Martin ratio: Return relative to average drawdown	3.77	11.59	-7.83

WGMI vs. VYMI - Sharpe Ratio Comparison

The current WGMI Sharpe Ratio is 1.24, which is lower than the VYMI Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of WGMI and VYMI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WGMI vs. VYMI - Drawdown Comparison

The maximum WGMI drawdown since its inception was -85.76%, which is greater than VYMI's maximum drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for WGMI and VYMI.

Drawdown Indicators

	WGMI	VYMI	Difference
Max Drawdown Largest peak-to-trough decline	-85.76%	-40.00%	-45.76%
Max Drawdown (1Y) Largest decline over 1 year	-50.94%	-10.14%	-40.80%
Max Drawdown (3Y) Largest decline over 3 years	-62.79%	-12.84%	-49.95%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.05%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.00%	—
Current Drawdown Current decline from peak	-26.91%	-1.14%	-25.77%
Average Drawdown Average peak-to-trough decline	-42.09%	-6.25%	-35.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.85%	2.60%	+23.25%

Volatility

WGMI vs. VYMI - Volatility Comparison

CoinShares Bitcoin Miners ETF (WGMI) has a higher volatility of 24.38% compared to Vanguard International High Dividend Yield ETF (VYMI) at 2.96%. This indicates that WGMI's price experiences larger fluctuations and is considered to be riskier than VYMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WGMI	VYMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.38%	2.96%	+21.42%
Volatility (6M) Calculated over the trailing 6-month period	57.47%	11.33%	+46.14%
Volatility (1Y) Calculated over the trailing 1-year period	78.75%	13.27%	+65.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.64%	14.83%	+66.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.64%	16.53%	+65.11%

WGMI vs. VYMI - Expense Ratio Comparison

WGMI has a 0.75% expense ratio, which is higher than VYMI's 0.07% expense ratio.

Dividends

WGMI vs. VYMI - Dividend Comparison

WGMI has not paid dividends to shareholders, while VYMI's dividend yield for the trailing twelve months is around 3.60%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
VYMI Vanguard International High Dividend Yield ETF	3.60%	3.68%	4.84%	4.58%	4.70%	4.30%	3.22%	4.20%	4.29%	3.21%	2.39%
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%

Frequently Asked Questions

Can I hold both WGMI and VYMI in my portfolio?

WGMI and VYMI have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WGMI or VYMI?

WGMI has higher volatility (24.38%) compared to VYMI (2.96%). In terms of maximum drawdown, WGMI dropped -85.76% vs VYMI's -40.00%.

Which ETF is better, WGMI or VYMI?

On 3-year performance, WGMI leads with 48.22% vs 20.68% for VYMI. On fees, VYMI is cheaper at 0.07% per year. On volatility, VYMI has been the lower-risk option at 2.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WGMI or VYMI?

Over the 3-year period, WGMI has performed better with a 48.22% return vs 20.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WGMI or VYMI?

VYMI is cheaper with a 0.07% expense ratio, compared with 0.75% for WGMI.

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

VYMI has the higher dividend yield at 3.60%, compared with 0.00% for WGMI.

What is the main difference between WGMI and VYMI?

WGMI is categorized as Cryptocurrency, while VYMI is Dividend. They also come from different issuers: CoinShares and Vanguard. Their fees differ too: 0.75% for WGMI and 0.07% for VYMI.

Which has better risk-adjusted returns?

VYMI currently has the higher Sharpe Ratio (2.28 vs 1.24), 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.