WGMI vs ZJUL
CoinShares Bitcoin Mining and Digital Power ETF vs Innovator Equity Defined Protection ETF - 1 Yr July
Which is better, WGMI or ZJUL?
Each has led over a different period.
WGMI has a lower expense ratio. WGMI led over the full window, ZJUL 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 | ZJUL |
|---|---|---|
| Expense Ratio | 0.75%Best | 0.79% |
| AUM | $194M | $194M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 57 | 21 |
| YTD Return | -19.60% | +4.45%Best |
| 1Y Return | -47.00% | +5.64%Best |
| 3Y Return (annualized) | +55.28% | - |
| Volatility (annualized) | 81.3% | 3.3%Best |
| Max Drawdown | -62.8% | -5.5%Best |
| $10,000 over 2.3 years | $14,707Best | $11,691 |
| Fund Family | Valkyrie Funds | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Feb 7, 2022 | Jul 1, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jul 1, 2024 to Oct 14, 2026 (2.3 years).
WGMI vs ZJUL 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 ZJUL Performance
CoinShares Bitcoin Mining and Digital Power ETF (WGMI) is an ETF from Valkyrie Funds and Innovator Equity Defined Protection ETF - 1 Yr July (ZJUL) is an ETF from Innovator ETFs Trust. Over the past year WGMI returned -47.00% while ZJUL returned +5.64%. Year to date, WGMI is down 19.60% versus a gain of 4.45% for ZJUL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WGMI has been the more volatile fund, with annualized monthly volatility of 81.3% compared with 3.3% for ZJUL. 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 -5.5% for ZJUL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
WGMI charges 0.75% per year while ZJUL charges 0.79%. On a $10,000 position that is $75 vs $79 annually, a gap of $4 per year that compounds over a long holding period. On income, WGMI currently yields 0.00% against 0.00% for ZJUL.
Holdings Overlap
We hold position weights for 28 holdings in WGMI and 1 in ZJUL, totalling 99.9% and 100.1% 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 28 positions we hold weights for in WGMI and 1 in ZJUL, against full books of 57 and 21.
You are not choosing between two funds in isolation.
Whichever of WGMI and ZJUL 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 ZJUL?
WGMI has an expense ratio of 0.75% while ZJUL charges 0.79%. WGMI is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, WGMI or ZJUL?
Over the past year WGMI returned -47.00% vs +5.64% for ZJUL, so ZJUL leads on 1-year performance. Over the longest common window we track (2 years), WGMI annualized +18.26% vs +7.03% for ZJUL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, WGMI or ZJUL?
WGMI has been the more volatile fund at 81.3% annualized versus 3.3% for ZJUL. Worst drawdown: WGMI -62.8% vs ZJUL -5.5%.
Should I hold both WGMI and ZJUL?
WGMI and ZJUL have a monthly-return correlation of 0.55, 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 ZJUL?
WGMI yields 0.00% while ZJUL yields 0.00%, so ZJUL currently pays the higher dividend yield.
Is ZJUL better than WGMI?
WGMI has a lower expense ratio. WGMI led over the full window, ZJUL over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.