IGME vs SCHD
Bitwise GME Option Income Strategy ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | IGME | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.98% | 0.06% | |
| AUM | - | $103.7B | |
| Dividend Yield | - | 3.31% | |
| Holdings | 4 | 104 | |
| YTD Return | +12.50% | +25.33% | |
| 1Y Return | +7.91% | +32.31% | |
| 3Y Return (annualized) | - | +15.40% | |
| 5Y Return (annualized) | - | +9.70% | |
| Volatility (annualized) | 33.7% | 13.6% | |
| Max Drawdown | -26.3% | -33.4% | |
| Fund Family | Bitwise | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jun 9, 2025 | Oct 20, 2011 |
IGME vs SCHD Performance
Bitwise GME Option Income Strategy ETF (IGME) is a ETF from Bitwise and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year IGME returned +7.91% while SCHD returned +32.31%. Year to date, IGME is up 12.50% versus a gain of 25.33% for SCHD.
Risk: Volatility and Drawdowns
IGME has been the more volatile fund, with annualized monthly volatility of 33.7% compared with 13.6% for SCHD. 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 -33.4% for SCHD. 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 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IGME charges 0.98% per year while SCHD charges 0.06%. On a $10,000 position that is $98 vs $6 annually, a gap of $92 per year that compounds over a long holding period.
Frequently Asked Questions
Which is cheaper, IGME or SCHD?
IGME has an expense ratio of 0.98% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $92 per year of difference.
Which performed better, IGME or SCHD?
Over the past year IGME returned +7.91% vs +32.31% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), IGME annualized -11.40% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, IGME or SCHD?
IGME has been the more volatile fund at 33.7% annualized versus 13.6% for SCHD. Worst drawdown: IGME -26.3% vs SCHD -33.4%.
Should I hold both IGME and SCHD?
IGME and SCHD have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
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