BITK vs. IPDP

Last updated Jun 5, 2026

BITK (Tuttle Capital Bitcoin 0DTE Covered Call ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. BITK charges 0.99%/yr vs 1.52%/yr for IPDP.

Performance

BITK vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BITK

• 1D: -2.63%
• 1M: -21.00%
• YTD: -30.56%
• 6M: -35.37%
• 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)

BITK vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	-11.58%
IPDP Dividend Performers ETF	0.00%

Return for Risk

BITK vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK) 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

	BITK	IPDP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.27	—	—

Drawdowns

BITK vs. IPDP - Drawdown Comparison

The maximum BITK drawdown since its inception was -53.87%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BITK and IPDP.

Drawdown Indicators

	BITK	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-53.87%	0.00%	-53.87%
Current Drawdown Current decline from peak	-53.87%	0.00%	-53.87%
Average Drawdown Average peak-to-trough decline	-34.97%	0.00%	-34.97%

Volatility

Volatility by Period

	BITK	IPDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	49.52%	0.00%	+49.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.52%	0.00%	+49.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.52%	0.00%	+49.52%

BITK vs. IPDP - Expense Ratio Comparison

BITK has a 0.99% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

BITK vs. IPDP - Dividend Comparison

BITK's dividend yield for the trailing twelve months is around 46.03%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025
BITK Tuttle Capital Bitcoin 0DTE Covered Call ETF	46.03%	23.15%
IPDP Dividend Performers ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, BITK or IPDP?

On fees, BITK is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BITK or IPDP?

BITK is cheaper with a 0.99% expense ratio, compared with 1.52% for IPDP.

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

BITK has the higher dividend yield at 46.03%, compared with 0.00% for IPDP.

What is the main difference between BITK and IPDP?

They also come from different issuers: Tuttle Capital Management and Innovative Portfolios. Their fees differ too: 0.99% for BITK and 1.52% for IPDP.