WGMI Valkyrie Bitcoin Miners ETF
WGMI Fund Description
WGMI provides active exposure to companies that derive at least 50% of their revenue from bitcoin mining operations and/or services related to bitcoin mining.
WGMI Factset Analytics Insight
WGMI is an actively managed fund that invests in companies that derive 50% of their income from mining bitcoin, providing specialized chips, hardware and software or other services to companies in the bitcoin mining industry. It is important to note that this fund will not invest, directly or indirectly, in physical bitcoin or bitcoin future contracts. Equity securities included in the fund are common stocks and ADRs listed in global exchanges, which can be USD or non-USD denominated. In selecting eligible companies, the adviser evaluates companies individually and chooses those they believe are well positioned to succeed and provide the best opportunity for capital appreciation. The adviser also considers ESG factors, which tilts the portfolio to those that have sustainable business models and use renewable energy in bitcoin mining operations. The fund is non-diversified and may invest significantly in a specific industry.
WGMI Summary Data
WGMI Portfolio Data
WGMI Index Data
WGMI Portfolio Management
WGMI Tax Exposures
WGMI Fund Structure
WGMI Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of WGMI. WGMI is rated a N/A out of 5.
WGMI Sector/Industry Breakdown
WGMI Performance Statistics
WGMI Benchmark Comparison Summary
WGMI Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.