ETHU vs WGMI
2x Ether ETF vs CoinShares Bitcoin Mining and Digital Power ETF
Which is better, ETHU or WGMI?
WGMI has been ahead.
WGMI has a lower expense ratio. WGMI led over 1Y and 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 | ETHU | WGMI |
|---|---|---|
| Expense Ratio | 2.97% | 0.75%Best |
| AUM | $1.1B | $194M |
| Dividend Yield | 1.52% | 0.00% |
| Holdings | 4 | 57 |
| YTD Return | -59.38% | -19.60%Best |
| 1Y Return | -79.97% | -47.00%Best |
| 3Y Return (annualized) | - | +55.28% |
| Volatility (annualized) | 153.0% | 79.8%Best |
| Max Drawdown | -96.5% | -62.8%Best |
| $10,000 over 2.4 years | $776 | $18,993Best |
| Fund Family | Volatility Shares, LLC | Valkyrie Funds |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 4, 2024 | Feb 7, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Jun 4, 2024 to Oct 14, 2026 (2.4 years).
ETHU 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 2.4 years both funds cover.
ETHU vs WGMI Performance
2x Ether ETF (ETHU) is an ETF from Volatility Shares, LLC and CoinShares Bitcoin Mining and Digital Power ETF (WGMI) is an ETF from Valkyrie Funds. Over the past year ETHU returned -79.97% while WGMI returned -47.00%. Year to date, ETHU is down 59.38% versus a loss of 19.60% for WGMI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ETHU has been the more volatile fund, with annualized monthly volatility of 153.0% compared with 79.8% for WGMI. 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 -96.5% for ETHU 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 0.31. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ETHU charges 2.97% per year while WGMI charges 0.75%. On a $10,000 position that is $297 vs $75 annually, a gap of $222 per year that compounds over a long holding period. On income, ETHU currently yields 1.52% against 0.00% for WGMI.
You are not choosing between two funds in isolation.
Whichever of ETHU 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, ETHU or WGMI?
ETHU has an expense ratio of 2.97% while WGMI charges 0.75%. WGMI is the cheaper option, by $222 a year on a $10,000 investment.
Which performed better, ETHU or WGMI?
Over the past year ETHU returned -79.97% vs -47.00% for WGMI, so WGMI leads on 1-year performance. Over the longest common window we track (2 years), ETHU annualized -65.53% vs +30.64% for WGMI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ETHU or WGMI?
ETHU has been the more volatile fund at 153.0% annualized versus 79.8% for WGMI. Worst drawdown: ETHU -96.5% vs WGMI -62.8%.
Should I hold both ETHU and WGMI?
ETHU and WGMI have a monthly-return correlation of 0.31, 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, ETHU or WGMI?
ETHU yields 1.52% while WGMI yields 0.00%, so ETHU currently pays the higher dividend yield.
Is WGMI better than ETHU?
WGMI has a lower expense ratio. WGMI led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.