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WGMI
+6.20 · +16.73%
$43.23 · NASDAQ

Valkyrie Bitcoin Miners ETF (WGMI) ETF Analysis | Equity Digital Assets

Valkyrie ETF Trust II · USA
AUM:$211.2M
#– of – in Equity Digital Assets ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 144.9% over the past year, reflecting strong price momentum.

Cost Efficiency

Ongoing charge of 0.75% — moderate cost. Consider how fees compound over long holding periods.

What is WGMI?

The fund is an actively-managed exchange-traded fund ("ETF") that will invest at least 80% of its net assets (plus borrowings for investment purposes) in securities of companies that derive at least 50% of their revenue or profits from bitcoin mining operations and/or from providing specialized chips, hardware and software or other services to companies engaged in bitcoin mining. It will not directly invest in bitcoin, or indirectly through the use of derivatives or through investments in funds or trusts that hold bitcoin.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Strong Recent Performance
WGMI delivered 144.9% over the past year. Historical returns only — past performance is not indicative of future results.
Moderate Cost
Expense ratio of 0.75%. Consider how fees compound over a long holding period.
Concentrated Holdings
Top 10 holdings account for 83.2% of the ETF — significant weight in a small number of names.
ETF Information
AUM$211.2M
Expense Ratio0.75%
Dividend Yield0.00%
Holdings22
Inception DateFeb 2022
Domicile–
Distribution–
Index–
ProviderValkyrie ETF Trust II
Beta5.12
CategoryEquity Digital Assets
CurrencyUSD
Portfolio Impact

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+7.1%
1Y
+43.9%
3Y
+241.9%
5Y
+64.0%
OpenBook InsightIf you had invested £10,000 in WGMI 5 years ago, it would have grown to £16,400 — a gain of £6,400.

Annual Returns

Calendar year performance

WGMI delivered positive returns in 4 of the last 5 calendar years.
YearWGMI
2026 YTD+1.5%
2025+65.0%
2024+27.1%
2023+296.2%
2022-82.9%
CAGR 4yr+9.1%
4/5 positive yearsAvg return: +61.4%Worst year: -82.9% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
101.6%
Very High
Momentum
-19.0%
30-day change
Support Level
42.70
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Momentum is downward with a 19.0% move over 30 days.
  • Elevated volatility indicates higher short-term price variability and risk.
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