IGME vs QQQ
Bitwise GME Option Income Strategy ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | IGME | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.96% | 0.18% | |
| AUM | $1M | $496.3B | |
| Dividend Yield | 77.03% | 0.44% | |
| Holdings | 2 | 108 | |
| YTD Return | +12.50% | +19.52% | |
| 1Y Return | +7.91% | +26.68% | |
| 3Y Return (annualized) | - | +26.64% | |
| 5Y Return (annualized) | - | +15.36% | |
| Volatility (annualized) | 33.7% | 30.6% | |
| Max Drawdown | -26.3% | -83.0% | |
| Fund Family | Bitwise | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 9, 2025 | Mar 10, 1999 |
IGME vs QQQ Performance
Bitwise GME Option Income Strategy ETF (IGME) is a ETF from Bitwise and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IGME returned +7.91% while QQQ returned +26.68%. Year to date, IGME is up 12.50% versus a gain of 19.52% for QQQ.
Risk: Volatility and Drawdowns
IGME has been the more volatile fund, with annualized monthly volatility of 33.7% compared with 30.6% for QQQ. 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 -83.0% for QQQ. 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 -0.01. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IGME charges 0.96% per year while QQQ charges 0.18%. On a $10,000 position that is $96 vs $18 annually, a gap of $78 per year that compounds over a long holding period. On income, IGME currently yields 77.03% against 0.44% for QQQ.
Frequently Asked Questions
Which is cheaper, IGME or QQQ?
IGME has an expense ratio of 0.96% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $78 per year of difference.
Which performed better, IGME or QQQ?
Over the past year IGME returned +7.91% vs +26.68% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), IGME annualized -11.40% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, IGME or QQQ?
IGME has been the more volatile fund at 33.7% annualized versus 30.6% for QQQ. Worst drawdown: IGME -26.3% vs QQQ -83.0%.
Should I hold both IGME and QQQ?
IGME and QQQ have a monthly-return correlation of -0.01, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IGME or QQQ?
IGME yields 77.03% while QQQ yields 0.44%, so IGME currently pays the higher dividend yield.
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