Data as of .
SATO vs WGMI: which is really different?
SATO and WGMI hold 25% of their weight in the same names, and WGMI returned more over the year.
ETFIQ Off-Index Score: WGMI scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
25% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, SATO and WGMI hold 25% of their money in the same securities at the same weight.
| Holding | SATO | WGMI |
|---|---|---|
| Bitdeer Technologies Group | 2.85% | 4.69% |
| MARA Holdings Inc | 2.76% | 4.78% |
| Hive Digital Technologies Ltd | 2.54% | 4.49% |
| Cleanspark Inc | 2.41% | 4.60% |
| Riot Platforms Inc | 2.38% | 4.93% |
| Hut 8 Corp | 2.29% | 10.81% |
| Cipher Digital Inc | 2.12% | 18.17% |
| IREN Ltd | 2.00% | 10.09% |
| Galaxy Digital Inc | 2.27% | 0.64% |
| Terawulf Inc | 0.64% | 2.83% |
| Taiwan Semiconductor Manufacturing Co Ltd | 0.62% | 0.67% |
| Digi Power X Inc | 0.61% | 4.13% |
| Only in SATO | Only in WGMI |
|---|---|
| POWERSHARES CAYMAN FUND 15.23% | Keel Infrastructure Corp 10.74% |
| Strive Inc 4.60% | ChronoScale Corp 2.17% |
| Nakamoto Inc 3.49% | Nebius Group NV 2.00% |
| Strategy Inc 3.05% | Whitefiber Inc 1.90% |
| BTCS Inc 2.87% | CoreWeave Inc 0.88% |
| SHARPLINK INC 2.84% | AirJoule Technologies Corp 0.68% |
| BitMine Immersion Technologies Inc 2.73% | Cango Inc/KY 0.10% |
| Bullish 2.68% | BitFuFu Inc 0.07% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| SATO | WGMI | SATO | WGMI | SATO | WGMI | |
| 3 months | +8.0% | −31.4% | +5.8 pts | −33.6 pts | +10.5 pts | −28.9 pts |
| 6 months | +30.4% | +31.4% | +12.4 pts | +13.3 pts | +6.2 pts | +7.1 pts |
| 1 year | −15.6% | +20.4% | −32.1 pts | +3.9 pts | −37.3 pts | −1.3 pts |
| 3 years | +209.3% | +380.3% | +130.9 pts | +301.9 pts | +111.1 pts | +282.1 pts |
| Since launch | +6.5% | +84.0% | −79.2 pts | +4.0 pts | −98.1 pts | −22.5 pts |
| SATO Invesco Alerian Galaxy Crypto Economy ETF Holds 60 stocks in blockchain and crypto equities, 9% of its weight in S&P 500 companies | WGMI CoinShares Bitcoin Mining ETF Holds 27 stocks in blockchain and crypto equities, 2% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Invesco | CoinShares |
| Theme | Blockchain and crypto equities | Blockchain and crypto equities |
| In the S&P 500 | 8.6% | 2.5% |
| Active share vs the S&P 500 | 95.5% | 97.9% |
| In the Nasdaq-100 | 6.2% | 2.0% |
| Holdings | 60 | 27 |
| Top ten, share of the fund | 43.8% | 77.4% |
| Expense ratio | 0.66% | 0.75% |
| Fee for the differing part | 0.69% | 0.77% |
| Total return, 1 year | −15.6% | +20.4% |
| vs the S&P 500 | −32.1 pts | +3.9 pts |
| vs the Nasdaq-100 | −37.3 pts | −1.3 pts |
| Below its high | −31.7% | −31.4% |
| Net assets | $9m | $344m |
SATO in plain words
By weight, 9% of SATO's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 44% of the fund across 60 positions, as published by its issuer for Sep 19, 2026. Over the year to Sep 18, 2026 the fund returned −15.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 32.1 pts. It sits 31.7% below its all-time high of Oct 6, 2025.
WGMI in plain words
By weight, 2% of WGMI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 77% of the fund across 27 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +20.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 3.9 pts. It sits 31.4% below its all-time high of Jun 18, 2026.
Questions people ask
- Do SATO and WGMI hold the same stocks?
- By their latest filings, 25% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, SATO or WGMI?
- SATO has 9% of its weight in S&P 500 names and WGMI has 2%, so WGMI differs more from the index.
- Which is cheaper, SATO or WGMI?
- SATO charges 0.66% a year and WGMI charges 0.75%, so SATO is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, SATO against WGMI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/sato-vs-wgmi Free to use with attribution; the underlying files are at Open data.