VOO vs WGMI
Vanguard S&P 500 ETF vs CoinShares Bitcoin Mining ETF
Quick Verdict
VOO has a lower expense ratio. WGMI delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | VOO | WGMI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.75% | |
| AUM | $997.4B | $234M | |
| Dividend Yield | 1.08% | 0.00% | |
| Holdings | 509 | 26 | |
| YTD Return | +12.25% | +11.58% | |
| 1Y Return | +20.92% | +72.06% | |
| 3Y Return (annualized) | +21.79% | +61.51% | |
| 5Y Return (annualized) | +13.05% | - | |
| Volatility (annualized) | 14.1% | 93.1% | |
| Max Drawdown | -34.3% | -85.8% | |
| Fund Family | Vanguard (US) | Valkyrie Funds | |
| Category | Equity | Alternative | |
| Inception | Sep 7, 2010 | Feb 7, 2022 |
VOO vs WGMI Performance
Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and CoinShares Bitcoin Mining ETF (WGMI) is a ETF from Valkyrie Funds. Over the past year VOO returned +20.92% while WGMI returned +72.06%. Year to date, VOO is up 12.25% versus a gain of 11.58% for WGMI.
Over three years, VOO compounded at +21.79% per year against +61.51% for WGMI. Across the full 5-year window we track, VOO has the edge at +13.45% annualized vs +13.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WGMI has been the more volatile fund, with annualized monthly volatility of 93.1% compared with 14.1% for VOO. 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 -34.3% for VOO and -85.8% for WGMI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
VOO charges 0.03% per year while WGMI charges 0.75%. On a $10,000 position that is $3 vs $75 annually, a gap of $72 per year that compounds over a long holding period. On income, VOO currently yields 1.08% against 0.00% for WGMI.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, VOO or WGMI?
VOO has an expense ratio of 0.03% while WGMI charges 0.75%. VOO is the cheaper option. On a $10,000 investment, that is $72 per year of difference.
Which performed better, VOO or WGMI?
Over the past year VOO returned +20.92% vs +72.06% for WGMI, so WGMI leads on 1-year performance. Over the longest common window we track (5 years), VOO annualized +13.45% vs +13.07% for WGMI. Past performance does not guarantee future results.
Which is riskier, VOO or WGMI?
WGMI has been the more volatile fund at 93.1% annualized versus 14.1% for VOO. Worst drawdown: VOO -34.3% vs WGMI -85.8%.
Should I hold both VOO and WGMI?
VOO and WGMI have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between VOO and WGMI?
VOO and WGMI share 2 common holdings with a 2.6% weight overlap. Combined, they hold 530 unique securities.
Which pays a higher dividend, VOO or WGMI?
VOO yields 1.08% while WGMI yields 0.00%, so VOO currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.