Performance analysis of WGMI (COINSHARES BITCOIN MINING ETF)
Annual Return
Over the past 3 years, WGMI has had an average annual return of +86.27%, outperforming the benchmark SPY, which returned +22.45% annual.
Since Feb 8, 2022, WGMI has had an average annual return of +25.08%, outperforming the benchmark SPY, which returned +14.18% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +84.78% | +72.47% | +23.51% | +304.18% | -83.48% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +17.74% | -11.50% | -12.68% | +38.34% | +41.35% | +3.86% | +84.78% | ||||||
| 2025 | +1.62% | -20.98% | -28.34% | +7.14% | +20.37% | +38.08% | +11.09% | +21.22% | +44.48% | +29.72% | -15.61% | -20.98% | +72.47% |
| 2024 | -27.89% | +31.28% | +7.39% | -23.34% | +17.26% | +28.70% | +1.94% | -17.70% | +7.04% | +11.78% | +37.13% | -23.71% | +23.51% |
| 2023 | +98.73% | -12.40% | +19.68% | +12.78% | +5.13% | +17.86% | +23.28% | -26.88% | -20.62% | +2.15% | +17.55% | +61.55% | +304.18% |
| 2022 | -2.92% | -3.24% | -31.95% | -17.93% | -37.53% | +27.83% | -4.61% | -20.72% | -11.43% | -25.30% | -21.18% | -83.48% |
Drawdown analysis of WGMI (COINSHARES BITCOIN MINING ETF)
The maximum drawdown for the WGMI was -85.76%, occurring on Dec 28, 2022. Recovery took 470 trading sessions.
The current WGMI drawdown is -1.11%.
Since Feb 8, 2022 WGMI has experienced the following drawdowns:
- 50% or more: 3 times
- 40% or more: 3 times
- 30% or more: 3 times
- 20% or more: 3 times
- 10% or more: 4 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -85.76% | Feb 9, 2022 | 222 | Dec 28, 2022 | 470 | Nov 11, 2024 | 692 |
| -62.79% | Dec 6, 2024 | 82 | Apr 8, 2025 | 100 | Sep 2, 2025 | 182 |
| -50.94% | Oct 15, 2025 | 113 | Mar 30, 2026 | 40 | May 27, 2026 | 153 |
| -16.66% | Nov 11, 2024 | 11 | Nov 26, 2024 | 7 | Dec 6, 2024 | 18 |
| -9.75% | Sep 24, 2025 | 2 | Sep 26, 2025 | 3 | Oct 1, 2025 | 5 |
| -7.81% | Sep 2, 2025 | 2 | Sep 4, 2025 | 3 | Sep 9, 2025 | 5 |
| -3.87% | Oct 9, 2025 | 1 | Oct 10, 2025 | 1 | Oct 13, 2025 | 2 |
| -2.44% | Sep 22, 2025 | 1 | Sep 23, 2025 | 1 | Sep 24, 2025 | 2 |
| -1.69% | May 28, 2026 | 1 | May 29, 2026 | 1 | Jun 1, 2026 | 2 |
| -1.11% | Jun 2, 2026 | 1 | Jun 3, 2026 | Ongoing | Ongoing | Ongoing |
| -0.12% | Sep 17, 2025 | 1 | Sep 18, 2025 | 1 | Sep 19, 2025 | 2 |