BSOL vs. IGME

Last updated Jun 24, 2026

BSOL (Bitwise Solana Staking ETF) and IGME (Bitwise GME Option Income Strategy ETF) are both exchange-traded funds - BSOL is a Cryptocurrency fund tracking the Solana (SOL) spot price, while IGME is a Derivative Income fund actively managed by Bitwise. BSOL is passively managed, while IGME is actively managed. At a 0.13 correlation, their price movements are largely independent. BSOL charges 0.20%/yr vs 0.96%/yr for IGME.

Performance

BSOL vs. IGME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Solana Staking ETF (BSOL) and Bitwise GME Option Income Strategy ETF (IGME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSOL achieves a -43.17% return, which is significantly lower than IGME's 11.29% return.

BSOL

• 1D: -5.48%
• 1M: -18.32%
• YTD: -43.17%
• 6M: -43.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IGME

• 1D: 0.26%
• 1M: -0.71%
• YTD: 11.29%
• 6M: 4.89%
• 1Y: 3.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BSOL vs. IGME - Yearly Performance Comparison

	2026 (YTD)	2025
BSOL Bitwise Solana Staking ETF	-43.17%	-38.11%
IGME Bitwise GME Option Income Strategy ETF	11.29%	-13.12%

Correlation

The correlation between BSOL and IGME is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 28, 2025	0.13

Return for Risk

BSOL vs. IGME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BSOL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IGME

IGME Risk / Return Rank: 10
IGME Sharpe Ratio Rank: 11
IGME Sortino Ratio Rank: 11
IGME Omega Ratio Rank: 10
IGME Calmar Ratio Rank: 10
IGME Martin Ratio Rank: 10

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BSOL vs. IGME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Solana Staking ETF (BSOL) and Bitwise GME Option Income Strategy ETF (IGME). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BSOL	IGME	Difference
Sharpe ratio: Return per unit of total volatility	—	0.12	—
Sortino ratio: Return per unit of downside risk	—	0.37	—
Omega ratio: Gain probability vs. loss probability	—	1.04	—
Calmar ratio: Return relative to maximum drawdown	—	0.13	—
Martin ratio: Return relative to average drawdown	—	0.27	—

Drawdowns

BSOL vs. IGME - Drawdown Comparison

The maximum BSOL drawdown since its inception was -67.62%, which is greater than IGME's maximum drawdown of -26.33%. Use the drawdown chart below to compare losses from any high point for BSOL and IGME.

Drawdown Indicators

	BSOL	IGME	Difference
Max Drawdown Largest peak-to-trough decline	-67.62%	-26.33%	-41.29%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.70%	—
Current Drawdown Current decline from peak	-64.83%	-16.19%	-48.64%
Average Drawdown Average peak-to-trough decline	-46.95%	-14.43%	-32.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	12.44%	—

Volatility

Volatility by Period

	BSOL	IGME	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	19.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	76.29%	27.01%	+49.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.29%	34.82%	+41.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	76.29%	34.82%	+41.47%

BSOL vs. IGME - Expense Ratio Comparison

BSOL has a 0.20% expense ratio, which is lower than IGME's 0.96% expense ratio.

Dividends

BSOL vs. IGME - Dividend Comparison

BSOL has not paid dividends to shareholders, while IGME's dividend yield for the trailing twelve months is around 89.22%.

Position	TTM	2025
BSOL Bitwise Solana Staking ETF	0.00%	0.00%
IGME Bitwise GME Option Income Strategy ETF	89.22%	69.25%

Frequently Asked Questions

Can I hold both BSOL and IGME in my portfolio?

BSOL and IGME have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BSOL or IGME?

On fees, BSOL is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSOL or IGME?

BSOL is cheaper with a 0.20% expense ratio, compared with 0.96% for IGME.

Which ETF pays a higher dividend yield, BSOL or IGME?

IGME has the higher dividend yield at 89.22%, compared with 0.00% for BSOL.

What is the main difference between BSOL and IGME?

BSOL is categorized as Cryptocurrency, while IGME is Derivative Income. Their fees differ too: 0.20% for BSOL and 0.96% for IGME.