PLTY vs WGMI
YieldMax PLTR Option Income Strategy ETF vs CoinShares Bitcoin Mining and Digital Power ETF
Which is better, PLTY or WGMI?
PLTY has been ahead.
WGMI has a lower expense ratio. PLTY 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 | PLTY | WGMI |
|---|---|---|
| Expense Ratio | 1.07% | 0.75%Best |
| AUM | $374M | $291M |
| Dividend Yield | 78.09% | 0.00% |
| Holdings | 34 | 57 |
| YTD Return | +24.09%Best | -4.30% |
| 1Y Return | +13.56%Best | -30.10% |
| 3Y Return (annualized) | - | +63.54% |
| Volatility (annualized) | 53.0%Best | 82.8% |
| Max Drawdown | -41.4%Best | -62.8% |
| $10,000 over 2 years | $31,545Best | $21,916 |
| Fund Family | YieldMax ETF | Valkyrie Funds |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 7, 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 years row, are measured over the window both funds cover: Oct 8, 2024 to Oct 9, 2026 (2 years).
PLTY 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 years both funds cover.
PLTY vs WGMI Performance
YieldMax PLTR Option Income Strategy ETF (PLTY) is an ETF from YieldMax ETF and CoinShares Bitcoin Mining and Digital Power ETF (WGMI) is an ETF from Valkyrie Funds. Over the past year PLTY returned +13.56% while WGMI returned -30.10%. Year to date, PLTY is up 24.09% versus a loss of 4.30% 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 82.8% compared with 53.0% for PLTY. 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 -41.4% for PLTY 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 0.17. They move largely independently of each other.
Fees and Cost Over Time
PLTY charges 1.07% per year while WGMI charges 0.75%. On a $10,000 position that is $107 vs $75 annually, a gap of $32 per year that compounds over a long holding period. On income, PLTY currently yields 78.09% against 0.00% for WGMI.
Holdings Overlap
We hold position weights for 2 holdings in PLTY and 28 in WGMI, totalling 27.1% and 100.0% 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 2 positions we hold weights for in PLTY and 28 in WGMI, against full books of 34 and 57.
You are not choosing between two funds in isolation.
Whichever of PLTY 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, PLTY or WGMI?
PLTY has an expense ratio of 1.07% while WGMI charges 0.75%. WGMI is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, PLTY or WGMI?
Over the past year PLTY returned +13.56% vs -30.10% for WGMI, so PLTY leads on 1-year performance. Over the longest common window we track (2 years), PLTY annualized +77.61% vs +48.04% for WGMI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PLTY or WGMI?
WGMI has been the more volatile fund at 82.8% annualized versus 53.0% for PLTY. Worst drawdown: PLTY -41.4% vs WGMI -62.8%.
Should I hold both PLTY and WGMI?
PLTY and WGMI have a monthly-return correlation of 0.17, 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, PLTY or WGMI?
PLTY yields 78.09% while WGMI yields 0.00%, so PLTY currently pays the higher dividend yield.
Is WGMI better than PLTY?
WGMI has a lower expense ratio. PLTY 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.