WGMI vs ZALT
CoinShares Bitcoin Mining and Digital Power ETF vs Innovator US Equity 10 Buffer ETF - Quarterly
Which is better, WGMI or ZALT?
Each has led over a different period.
ZALT has a lower expense ratio. WGMI led over 3Y and the full window, ZALT over 1Y.
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 | WGMI | ZALT |
|---|---|---|
| Expense Ratio | 0.75% | 0.69%Best |
| AUM | $194M | $794M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 57 | 18 |
| YTD Return | -19.60% | +6.44%Best |
| 1Y Return | -47.00% | +9.12%Best |
| 3Y Return (annualized) | +55.28%Best | +10.33% |
| Volatility (annualized) | 84.7% | 3.8%Best |
| Max Drawdown | -62.8% | -8.2%Best |
| $10,000 over 3 years | $35,104Best | $13,518 |
| Fund Family | Valkyrie Funds | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Feb 7, 2022 | Oct 2, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 2, 2023 to Oct 14, 2026 (3 years).
WGMI vs ZALT 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
WGMI vs ZALT Performance
CoinShares Bitcoin Mining and Digital Power ETF (WGMI) is an ETF from Valkyrie Funds and Innovator US Equity 10 Buffer ETF - Quarterly (ZALT) is an ETF from Innovator ETFs Trust. Over the past year WGMI returned -47.00% while ZALT returned +9.12%. Year to date, WGMI is down 19.60% versus a gain of 6.44% for ZALT.
Over three years, WGMI compounded at +55.28% per year against +10.33% for ZALT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WGMI has been the more volatile fund, with annualized monthly volatility of 84.7% compared with 3.8% for ZALT. 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 -62.8% for WGMI and -8.2% for ZALT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
WGMI charges 0.75% per year while ZALT charges 0.69%. On a $10,000 position that is $75 vs $69 annually, a gap of $6 per year that compounds over a long holding period. On income, WGMI currently yields 0.00% against 0.00% for ZALT.
You are not choosing between two funds in isolation.
Whichever of WGMI and ZALT 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, WGMI or ZALT?
WGMI has an expense ratio of 0.75% while ZALT charges 0.69%. ZALT is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, WGMI or ZALT?
Over the past year WGMI returned -47.00% vs +9.12% for ZALT, so ZALT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, WGMI or ZALT?
WGMI has been the more volatile fund at 84.7% annualized versus 3.8% for ZALT. Worst drawdown: WGMI -62.8% vs ZALT -8.2%.
Should I hold both WGMI and ZALT?
WGMI and ZALT have a monthly-return correlation of 0.57, 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, WGMI or ZALT?
WGMI yields 0.00% while ZALT yields 0.00%, so ZALT currently pays the higher dividend yield.
Is ZALT better than WGMI?
ZALT has a lower expense ratio. WGMI led over 3Y and the full window, ZALT over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.