IGME vs IVV
Bitwise GME Option Income Strategy ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IGME | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.98% | 0.03% | |
| AUM | - | $865.2B | |
| Dividend Yield | - | 1.09% | |
| Holdings | 4 | 508 | |
| YTD Return | +12.50% | +14.50% | |
| 1Y Return | +7.91% | +22.02% | |
| 3Y Return (annualized) | - | +21.80% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 33.7% | 15.1% | |
| Max Drawdown | -26.3% | -56.5% | |
| Fund Family | Bitwise | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 9, 2025 | May 15, 2000 |
IGME vs IVV Performance
Bitwise GME Option Income Strategy ETF (IGME) is a ETF from Bitwise and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year IGME returned +7.91% while IVV returned +22.02%. Year to date, IGME is up 12.50% versus a gain of 14.50% for IVV.
Risk: Volatility and Drawdowns
IGME has been the more volatile fund, with annualized monthly volatility of 33.7% compared with 15.1% for IVV. 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 -26.3% for IGME and -56.5% for IVV. 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 0.06. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IGME charges 0.98% per year while IVV charges 0.03%. On a $10,000 position that is $98 vs $3 annually, a gap of $95 per year that compounds over a long holding period.
Frequently Asked Questions
Which is cheaper, IGME or IVV?
IGME has an expense ratio of 0.98% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $95 per year of difference.
Which performed better, IGME or IVV?
Over the past year IGME returned +7.91% vs +22.02% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IGME annualized -11.40% vs +7.07% for IVV. Past performance does not guarantee future results.
Which is riskier, IGME or IVV?
IGME has been the more volatile fund at 33.7% annualized versus 15.1% for IVV. Worst drawdown: IGME -26.3% vs IVV -56.5%.
Should I hold both IGME and IVV?
IGME and IVV have a monthly-return correlation of 0.06, so combining them can provide real diversification depending on your allocation goals.
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