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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 138 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 159 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 95.


Top Performing IMST Alternatives (YTD)

IMST is at -25.05% YTD. There are 210 ETFs in the Derivative Income category with higher YTD returns, going as high as 19,132.59%.


Lowest Volatility Alternatives to IMST

IMST has 58.04% 1-year volatility. There are 243 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.98%.


Lowest Drawdown Alternatives to IMST

IMST has a 1-year max drawdown of -70.68%. There are 157 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 BITW, BITQ, BITC and span 4 categories. AUM among these funds goes as high as $619M.


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
-27.80%
906.57MFeb 2024IMST vs MSTY
NEOS Bitcoin High Income ETFCryptocurrency, Derivative Income
2
-26.19%
1.11BOct 2024IMST vs BTCI
REX MSTR Growth & Income ETFLeveraged Equities, Derivative Income
1
-28.10%
2.67MJun 2025IMST vs MSII
Roundhill MSTR WeeklyPay ETFDerivative Income, Leveraged Equities
-40.29%
48.57MJul 2025IMST vs MSTW
Bitwise Bitcoin ETFCryptocurrency
2
-28.85%
2.43BJan 2024IMST vs BITB
Strategy Inc
6
-31.66%
IMST vs MSTR
ProShares Bitcoin Strategy ETFCryptocurrency
2
-29.93%
1.42BOct 2021IMST vs BITO
Bitwise MARA Option Income Strategy ETFDerivative Income
5
30.57%
2.81MApr 2025IMST vs IMRA
Mackenzie NASDAQ 100 Index ETFNasdaq-100
20.59%
Aug 2025IMST vs QQQQ.TO
ARMOUR Residential REIT, Inc.
67
3.06%
IMST vs ARR
Innovator Equity Premium Income Daily PutWrite ETFDerivative Income
70
4.74%
16.91MMar 2025IMST vs SPUT
YieldMax TSM Option Income Strategy ETFDerivative Income
84
35.90%
129.82MAug 2024IMST vs TSMY
Schwab Ultra-Short Income ETFUltrashort Bond
99
1.51%
241.46MAug 2024IMST vs SCUS
NEOS Russell 2000 High Income ETFDerivative Income
79
16.33%
955.66MJun 2024IMST vs IWMI
Parametric Equity Premium Income ETFDerivative Income
34
6.57%
398.58MOct 2023IMST vs PAPI
Global X NASDAQ 100 Risk Managed Income ETFNasdaq-100, Derivative Income
51
2.46%
16.07MAug 2021IMST vs QRMI
Roundhill COST WeeklyPay ETFDerivative Income, Leveraged Equities
11.52%
12.45MOct 2025IMST vs COSW
Invesco S&P 500 BuyWrite ETFDerivative Income, S&P 500
79
4.40%
347.16MDec 2007IMST vs PBP
Invesco QQQ Income Advantage ETFDerivative Income
67
12.34%
768.95MJul 2024IMST vs QQA

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