AAPY vs WGMI
Kurv Yield Premium Strategy Apple ETF vs CoinShares Bitcoin Mining and Digital Power ETF
Which is better, AAPY or WGMI?
Each has led over a different period.
WGMI has a lower expense ratio. AAPY led over 1Y, WGMI over the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AAPY | WGMI |
|---|---|---|
| Expense Ratio | 0.99% | 0.75%Best |
| AUM | $8M | $194M |
| Dividend Yield | 11.04% | 0.00% |
| Holdings | 10 | 57 |
| YTD Return | +18.66%Best | -19.60% |
| 1Y Return | +29.83%Best | -47.00% |
| 3Y Return (annualized) | - | +55.28% |
| Volatility (annualized) | 18.4%Best | 78.4% |
| Max Drawdown | -29.2%Best | -62.8% |
| $10,000 over 2.7 years | $15,233 | $26,039Best |
| Fund Family | Kurv | Valkyrie Funds |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 27, 2023 | Feb 7, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Feb 7, 2024 to Oct 14, 2026 (2.7 years).
AAPY vs WGMI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.7 years both funds cover.
AAPY vs WGMI Performance
Kurv Yield Premium Strategy Apple ETF (AAPY) is an ETF from Kurv and CoinShares Bitcoin Mining and Digital Power ETF (WGMI) is an ETF from Valkyrie Funds. Over the past year AAPY returned +29.83% while WGMI returned -47.00%. Year to date, AAPY is up 18.66% versus a loss of 19.60% for WGMI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WGMI has been the more volatile fund, with annualized monthly volatility of 78.4% compared with 18.4% for AAPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -29.2% for AAPY and -62.8% for WGMI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AAPY charges 0.99% per year while WGMI charges 0.75%. On a $10,000 position that is $99 vs $75 annually, a gap of $24 per year that compounds over a long holding period. On income, AAPY currently yields 11.04% against 0.00% for WGMI.
Holdings Overlap
We hold position weights for 1 holding in AAPY and 28 in WGMI, totalling 30.8% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in AAPY and 28 in WGMI, against full books of 10 and 57.
You are not choosing between two funds in isolation.
Whichever of AAPY and WGMI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AAPY or WGMI?
AAPY has an expense ratio of 0.99% while WGMI charges 0.75%. WGMI is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, AAPY or WGMI?
Over the past year AAPY returned +29.83% vs -47.00% for WGMI, so AAPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AAPY or WGMI?
WGMI has been the more volatile fund at 78.4% annualized versus 18.4% for AAPY. Worst drawdown: AAPY -29.2% vs WGMI -62.8%.
Should I hold both AAPY and WGMI?
AAPY and WGMI have a monthly-return correlation of 0.39, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AAPY or WGMI?
AAPY yields 11.04% while WGMI yields 0.00%, so AAPY currently pays the higher dividend yield.
Is WGMI better than AAPY?
WGMI has a lower expense ratio. AAPY led over 1Y, WGMI over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.