BUYW vs. IPDP

Last updated Jun 4, 2026

BUYW (Main Buywrite ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. BUYW charges 1.29%/yr vs 1.52%/yr for IPDP.

Performance

BUYW vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Main Buywrite ETF (BUYW) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BUYW

• 1D: 0.35%
• 1M: 0.99%
• YTD: 3.39%
• 6M: 4.27%
• 1Y: 9.76%
• 3Y*: 8.73%
• 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)

BUYW vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
BUYW Main Buywrite ETF	2.66%
IPDP Dividend Performers ETF	0.00%

BUYW vs. IPDP - Sectors Allocation Comparison

Sectors	BUYW	IPDP
Technology	24.0%	13.1%
Communication Services	16.9%	-
Financial Services	15.3%	18.6%
Energy	13.6%	-
Healthcare	13.0%	13.6%
Consumer Cyclical	6.4%	3.6%
Industrials	4.4%	45.1%
Consumer Defensive	3.2%	3.9%
Utilities	1.3%	-
Basic Materials	1.0%	1.5%
Real Estate	1.0%	-

Return for Risk

BUYW vs. IPDP — Risk / Return Rank

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

BUYW

BUYW Risk / Return Rank: 71
BUYW Sharpe Ratio Rank: 59
BUYW Sortino Ratio Rank: 66
BUYW Omega Ratio Rank: 66
BUYW Calmar Ratio Rank: 75
BUYW Martin Ratio Rank: 89

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.

BUYW vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Main Buywrite ETF (BUYW) 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.

	BUYW	IPDP	Difference
Sharpe ratio: Return per unit of total volatility	2.03	—	—
Sortino ratio: Return per unit of downside risk	3.08	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	3.79	—	—
Martin ratio: Return relative to average drawdown	20.24	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BUYW	IPDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.03	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	—	—

Drawdowns

BUYW vs. IPDP - Drawdown Comparison

The maximum BUYW drawdown since its inception was -9.36%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BUYW and IPDP.

Drawdown Indicators

	BUYW	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-9.36%	0.00%	-9.36%
Max Drawdown (1Y) Largest decline over 1 year	-2.59%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-9.36%	—	—
Current Drawdown Current decline from peak	-0.21%	0.00%	-0.21%
Average Drawdown Average peak-to-trough decline	-0.61%	0.00%	-0.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.48%	—	—

Volatility

Volatility by Period

	BUYW	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.02%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.85%	0.00%	+4.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.47%	0.00%	+8.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.47%	0.00%	+8.47%

BUYW vs. IPDP - Expense Ratio Comparison

BUYW has a 1.29% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

BUYW vs. IPDP - Dividend Comparison

BUYW's dividend yield for the trailing twelve months is around 5.91%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
BUYW Main Buywrite ETF	5.91%	5.89%	5.93%	5.95%	0.50%
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, BUYW or IPDP?

On fees, BUYW is cheaper at 1.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BUYW or IPDP?

BUYW is cheaper with a 1.29% expense ratio, compared with 1.52% for IPDP.

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

BUYW has the higher dividend yield at 5.91%, compared with 0.00% for IPDP.

What is the main difference between BUYW and IPDP?

They also come from different issuers: Main Funds and Innovative Portfolios. Their fees differ too: 1.29% for BUYW and 1.52% for IPDP.