VYM vs WGMI
Vanguard High Dividend Yield ETF vs CoinShares Bitcoin Mining and Digital Power ETF
Which is better, VYM or WGMI?
Large Cap Value against Multi Alternative.
VYM has a lower expense ratio. VYM led over 1Y and the full window, WGMI over 3Y. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 63.4%.
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 | VYM | WGMI |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.75% |
| AUM | $78.9B | $194M |
| Dividend Yield | 2.37% | 0.00% |
| Holdings | 608 | 57 |
| YTD Return | +11.83%Best | -19.60% |
| 1Y Return | +15.96%Best | -47.00% |
| 3Y Return (annualized) | +18.60% | +55.28%Best |
| 5Y Return (annualized) | +11.51% | - |
| Volatility (annualized) | 13.9%Best | 92.7% |
| Max Drawdown | -15.8%Best | -85.8% |
| $10,000 over 4.7 years | $16,152Best | $12,583 |
| Top 10 Weight | 25.8%Best | 63.4% |
| Fund Family | Vanguard (US) | Valkyrie Funds |
| Category | Equity | Alternative |
| Style | Large Cap Value | Multi Alternative |
| Inception | Nov 10, 2006 | Feb 7, 2022 |
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Feb 8, 2022 to Oct 14, 2026 (4.7 years).
VYM 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 4.7 years both funds cover.
VYM vs WGMI Performance
Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US) and CoinShares Bitcoin Mining and Digital Power ETF (WGMI) is an ETF from Valkyrie Funds. Over the past year VYM returned +15.96% while WGMI returned -47.00%. Year to date, VYM is up 11.83% versus a loss of 19.60% for WGMI.
Over three years, VYM compounded at +18.60% per year against +55.28% 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 92.7% compared with 13.9% for VYM. 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 -15.8% for VYM and -85.8% 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 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VYM charges 0.04% per year while WGMI charges 0.75%. On a $10,000 position that is $4 vs $75 annually, a gap of $71 per year that compounds over a long holding period. On income, VYM currently yields 2.37% against 0.00% for WGMI.
Holdings Overlap
We hold position weights for 602 holdings in VYM and 28 in WGMI, totalling 100.0% 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 602 positions we hold weights for in VYM and 28 in WGMI, against full books of 608 and 57.
What only one of them owns
Our book lists 19 positions for WGMI that do not appear in our book for VYM (63.4% of the fund), and 573 for VYM that do not appear in WGMI (97.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of VYM 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, VYM or WGMI?
VYM has an expense ratio of 0.04% while WGMI charges 0.75%. VYM is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, VYM or WGMI?
Over the past year VYM returned +15.96% vs -47.00% for WGMI, so VYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VYM or WGMI?
WGMI has been the more volatile fund at 92.7% annualized versus 13.9% for VYM. Worst drawdown: VYM -15.8% vs WGMI -85.8%.
Should I hold both VYM and WGMI?
VYM and WGMI have a monthly-return correlation of 0.41, 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, VYM or WGMI?
VYM yields 2.37% while WGMI yields 0.00%, so VYM currently pays the higher dividend yield.
Is WGMI better than VYM?
VYM has a lower expense ratio. VYM led over 1Y and the full window, WGMI over 3Y. VYM is less concentrated, with 25.8% of the fund in its ten largest positions against 63.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.