IGME vs. IPDP

Last updated Jun 6, 2026

IGME (Bitwise GME Option Income Strategy ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. IGME charges 0.96%/yr vs 1.52%/yr for IPDP.

Performance

IGME vs. IPDP - Performance Comparison

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

Returns By Period

IGME

• 1D: -1.86%
• 1M: -10.54%
• YTD: 12.57%
• 6M: 1.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IPDP

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IGME vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
IGME Bitwise GME Option Income Strategy ETF	-6.72%
IPDP Dividend Performers ETF	0.00%

Return for Risk

IGME vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise GME Option Income Strategy ETF (IGME) and Dividend Performers ETF (IPDP). 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.

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

Sharpe Ratios by Period

	IGME	IPDP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.44	—	—

Drawdowns

IGME vs. IPDP - Drawdown Comparison

The maximum IGME drawdown since its inception was -26.33%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for IGME and IPDP.

Drawdown Indicators

	IGME	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-26.33%	0.00%	-26.33%
Current Drawdown Current decline from peak	-15.22%	0.00%	-15.22%
Average Drawdown Average peak-to-trough decline	-14.49%	0.00%	-14.49%

Volatility

Volatility by Period

	IGME	IPDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	35.50%	0.00%	+35.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.50%	0.00%	+35.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.50%	0.00%	+35.50%

IGME vs. IPDP - Expense Ratio Comparison

IGME has a 0.96% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

IGME vs. IPDP - Dividend Comparison

IGME's dividend yield for the trailing twelve months is around 88.20%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025
IGME Bitwise GME Option Income Strategy ETF	88.20%	69.25%
IPDP Dividend Performers ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, IGME or IPDP?

On fees, IGME is cheaper at 0.96% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IGME or IPDP?

IGME is cheaper with a 0.96% expense ratio, compared with 1.52% for IPDP.

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

IGME has the higher dividend yield at 88.20%, compared with 0.00% for IPDP.

What is the main difference between IGME and IPDP?

They also come from different issuers: Bitwise and Innovative Portfolios. Their fees differ too: 0.96% for IGME and 1.52% for IPDP.