Valkyrie ETF Trust II Valkyrie Bitcoin Miners ETF (WGMI US)
WGMI US$32.78
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Performance
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 32.78
- Change
- ▲ 1.53 (4.90)
- Bid / Ask
- 27.90 - 32.86
- Volume
- 360,342
- Turnover
- 10,637,930
- Open
- 31.88
- Day Range
- 30.64 - 32.83
- VWAP
- 31.55
- Prev Close
- 31.25
- Last Trade
- 28/10 4:00pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$156.6M
OCT 2026
Distributions
Annually
Since inception
4.7 yrs
FEB 2022
- Legal name
- CoinShares Bitcoin Mining and Digital Power ETF
- Issuer
- CoinShares
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Actively managed
- Morningstar category
- Equity Digital Assets
- Category index
- Morningstar US Market TR USD
- Benchmark
- S&P 500 (TR) (1970)
- ETF net assets
- $156.6M
- Units on issue
- 5.4M
- Management fee
- 0.75% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 7 FEB 2022
- Listed
- 8 FEB 2022
- Index provider
- Standard and Poors
Objective and strategy
The investment seeks to provide investors with total return. 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 Bitcoin Mining and Digital Power Companies. The fund’s selection universe includes common stock and American Depositary Receipts (“ADRs”) listed on global securities exchanges, including U.S. dollar denominated and non-U.S. dollar denominated securities issued by U.S. and non-U.S. companies, including companies operating in emerging market countries. The fund is non-diversified.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 87.49%Non-US equity 12.38%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 99.87 | 99.87 | 0.00 |
| Bond | 0.00 | 0.00 | 0.00 |
| Cash | -5.85 | 0.00 | 5.85 |
| Other | 5.98 | 5.98 | 0.00 |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 37.33%Sensitive 59.64%Defensive 3.03%
- Basic Materials
- 0.00%
- Consumer Cyclical
- 0.00%
- Financial Services
- 37.33%
- Real Estate
- 0.00%
- Communication Services
- 8.08%
- Energy
- 0.00%
- Industrials
- 0.85%
- Technology
- 50.71%
- Consumer Defensive
- 0.00%
- Healthcare
- 0.00%
- Utilities
- 3.03%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 100.00%Emerging markets 0.00%
- North America
- 90.63%
- Latin America
- 0.00%
- United Kingdom
- 0.00%
- Europe Developed
- 3.53%
- Europe Emerging
- 0.00%
- Africa / Middle East
- 0.00%
- Japan
- 0.00%
- Australasia
- 4.54%
- Asia Developed
- 1.30%
- Asia Emerging
- 0.00%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
- United States
- 87.60%
- Australia
- 4.54%
- Other Countries
- 3.53%
- Canada
- 3.03%
- Taiwan
- 1.20%
- Singapore
- 0.10%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
- Style
- Small Growth
Size score
79
Small
Mid
Large
Value-growth score
214
Value
Blend
Growth
Economic moat
Wide 20%Narrow 4%None 76%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 5.08%
- Large
- 4.56%
- Mid
- 16.38%
- Small
- 40.21%
- Micro
- 33.77%
Giant 5%Large 5%Mid 16%Small 40%Micro 34%
- Average market cap
- $8.11B
- Number of holdings
- 29
- Shares held
- 28
Portfolio statistics · 22 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Price / book
- 4.13
- Price / sales
- 4.56
- Dividend yield
- 0.02%
- Assets in top 10
- 60.84%
- Return on equity
- -30.59%
Top holdings · top 10 = 63.29% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| Cipher Digital Inc CIFR | 11.94 | FEB 2026 | 32.0M | USD | 2.0M | Technology | United States | |
| Nebius Group NV Shs Class-A- NBIS | 7.94 | MAR 2026 | 21.3M | USD | 90,337 | Communication Services | United States | |
| CoreWeave Inc Ordinary Shares - Class A CRWV | 7.42 | MAR 2026 | 19.9M | USD | 228,502 | Technology | United States | |
| Hut 8 Corp HUT | 6.50 | FEB 2026 | 17.4M | USD | 202,614 | Financial Services | United States | |
| Keel Infrastructure Corp KEEL | 6.17 | FEB 2026 | 16.5M | CAD | 4.7M | Technology | United States | |
| IREN Ltd IREN | 4.83 | FEB 2026 | 12.9M | USD | 316,667 | Financial Services | Australia | |
| HIVE Digital Technologies Ltd HIVE | 4.77 | FEB 2026 | 12.8M | CAD | 4.3M | Financial Services | United States | |
| MARA Holdings Inc MARA | 4.63 | FEB 2026 | 12.4M | USD | 1.1M | Financial Services | United States | |
| Riot Platforms Inc RIOT | 4.56 | FEB 2026 | 12.2M | USD | 606,650 | Financial Services | United States | |
| Cleanspark Inc CLSK | 4.52 | FEB 2026 | 12.1M | USD | 941,824 | Financial Services | United States |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
4.7
3M
-28.7
6M
29.3
YTD
17.6
1Y
1.6
3Y
69.2
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | 4.65 | 4.49 | 4.72 | 19 / 17 |
| 3 months | -28.70 | -28.76 | -28.57 | 100 / 17 |
| 6 months | 29.33 | 29.04 | 29.82 | 50 / 17 |
| Year to date | 17.57 | 17.40 | 18.23 | 19 / 17 |
| 1 year | 1.60 | 1.56 | 2.37 | 13 / 17 |
| 3 years p.a. | 69.23 | 69.29 | 70.50 | 1 / 11 |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.
Total Capital
2023
304.1
2024
23.6
2025
72.2
| Year | Total % | Capital % | Rank in category |
|---|---|---|---|
| 2025 | 72.17 | 72.17 | 1 / 15 |
| 2024 | 23.64 | 23.37 | 79 / 14 |
| 2023 | 304.05 | 302.82 | 5 / 13 |
Risk statistics · 30 SEP 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | -22.90 | 8.13 | — | — |
| Beta | 3.78 | 4.51 | — | — |
| R-squared | 43.94 | 42.76 | — | — |
| Standard deviation | 81.03 | 82.82 | — | — |
| Sharpe ratio | 0.31 | 0.97 | — | — |
| Sortino ratio | 0.61 | 1.92 | — | — |
| Tracking error | 72.41 | 75.50 | — | — |
| Information ratio | -0.21 | 0.63 | — | — |
| Upside capture % | 144.61 | 357.21 | — | — |
| Downside capture % | 352.66 | 494.85 | — | — |
| Maximum drawdown % | -39.19 | -55.83 | — | — |
Measured against MSCI ACWI NR USD with USTREAS T-Bill Auction Ave 3 Mon as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
189.5
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
- Market impact cost %
- 0.006
- Best quarter
- 127.52% · OCT 2025
- Worst quarter
- -64.93% · JUN 2022
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.75% p.a.
- PDS dated
- 18 AUG 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
- Latest distribution
- 0.0493
- Ex Date
- 24 DEC 2024
- Record Date
- 24 DEC 2024
- Pay Date
- 31 DEC 2024
- NAV at ex date
- 25.25
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2023
0.0
2022
0.1
| Year | Per unit ($) |
|---|---|
| 2023 | 0.0493 |
| 2022 | 0.0550 |
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
| Ex Date | Per unit ($) |
|---|---|
| 24 DEC 2024 | 0.0493 |
| 20 DEC 2023 | 0.0550 |
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
- Portfolio covered
- 52.3%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
- Negligible
- 0.00%
- Low
- 25.36%
- Medium
- 60.11%
- High
- 11.97%
- Severe
- 2.57%
0.00% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
1.88
Low
Medium
High
Severe
- Carbon risk
- Low Risk
- Fossil fuel involvement
- 0.00%
- Category average
- 0.56%
- Portfolio covered
- 49.0%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Rafael Zayas
- Austin Wen
- Bill Cannon
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 3
- Average tenure
- 3.9 years
- Longest tenure
- 4.7 years
- Longest serving
- Austin Wen, Bill Cannon · since 7 FEB 2022
- Most recent appointment
- Rafael Zayas · since 22 APR 2024
- Managed since
- 7 FEB 2022
- Other funds managed
- 76
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
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