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Bitwise Funds Trust (IMST) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IMST. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to IMST

IMST charges 0.99% annually. There are 129 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.


Best Risk-Adjusted Alternatives to IMST

IMST has a PortfoliosLab risk / return rank of 1. There are 140 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 97.


Top Performing IMST Alternatives (YTD)

IMST is at -14.98% YTD. There are 193 ETFs in the Derivative Income category with higher YTD returns, going as high as 363.23%.


Lowest Volatility Alternatives to IMST

IMST has 56.91% 1-year volatility. There are 227 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 0.00%.


Lowest Drawdown Alternatives to IMST

IMST has a 1-year max drawdown of -69.86%. There are 138 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -1.31%.


Other ETFs from Bitwise

The 10 most viewed Bitwise ETFs shown here include BITC, AETH, ICOI and span 3 categories. AUM among these funds goes as high as $296M.


Often Compared With IMST

Investors most often compare IMST with MSTY, BTCI, MSII. These 19 comparison targets span 6 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
YieldMax™ MSTR Option Income Strategy ETFDerivative Income
1
-14.73%
1.29BFeb 2024IMST vs MSTY
NEOS Bitcoin High Income ETFCryptocurrency, Derivative Income
2
-22.74%
1.24BOct 2024IMST vs BTCI
REX MSTR Growth & Income ETFLeveraged Equities, Derivative Income
-21.10%
3.93MJun 2025IMST vs MSII
Roundhill MSTR WeeklyPay ETFDerivative Income, Leveraged Equities
-23.56%
65.39MJul 2025IMST vs MSTW
Bitwise Bitcoin ETFCryptocurrency
2
-25.38%
4.73BJan 2024IMST vs BITB
Strategy Inc
6
-16.72%
IMST vs MSTR
ProShares Bitcoin Strategy ETFCryptocurrency
2
-26.37%
1.70BOct 2021IMST vs BITO
Mackenzie NASDAQ 100 Index ETFNasdaq-100
21.51%
Aug 2025IMST vs QQQQ.TO
ARMOUR Residential REIT, Inc.
67
3.25%
IMST vs ARR
Innovator Equity Premium Income Daily PutWrite ETFDerivative Income
85
7.26%
17.17MMar 2025IMST vs SPUT
NEOS Russell 2000 High Income ETFDerivative Income
73
13.36%
906.31MJun 2024IMST vs IWMI
Parametric Equity Premium Income ETFDerivative Income
33
5.81%
388.80MOct 2023IMST vs PAPI
Global X NASDAQ 100 Risk Managed Income ETFNasdaq-100, Derivative Income
48
2.60%
15.90MAug 2021IMST vs QRMI
Invesco S&P 500 BuyWrite ETFDerivative Income, S&P 500
82
4.90%
344.74MDec 2007IMST vs PBP
Schwab Ultra-Short Income ETFUltrashort Bond
99
1.43%
236.90MAug 2024IMST vs SCUS
Amplify CWP Enhanced Dividend Income ETFDerivative Income
61
5.53%
7.11BDec 2016IMST vs DIVO
Roundhill COST WeeklyPay ETFDerivative Income, Leveraged Equities
12.13%
12.25MOct 2025IMST vs COSW
Kurv Yield Premium Strategy Google ETFDerivative Income
86
12.36%
22.71MOct 2023IMST vs GOOP
Kensington Hedged Premium Income ETFDerivative Income
60
5.45%
Sep 2024IMST vs KHPI

Compare IMST with Any Fund or Stock

Compare IMST with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.


 

Diversifiers

Pair IMST with funds that move differently

Bitwise Funds Trust alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IMST.

Explore IMST Diversifiers