CHPY vs. IPDP

Last updated Jun 4, 2026

CHPY (YieldMax Semiconductor Portfolio Option Income ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. CHPY charges 0.99%/yr vs 1.52%/yr for IPDP.

Performance

CHPY vs. IPDP - Performance Comparison

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

Returns By Period

CHPY

• 1D: 1.14%
• 1M: 29.53%
• YTD: 85.77%
• 6M: 85.49%
• 1Y: 149.72%
• 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)

CHPY vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
CHPY YieldMax Semiconductor Portfolio Option Income ETF	65.37%
IPDP Dividend Performers ETF	0.00%

Return for Risk

CHPY vs. IPDP — Risk / Return Rank

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

CHPY

CHPY Risk / Return Rank: 97
CHPY Sharpe Ratio Rank: 98
CHPY Sortino Ratio Rank: 96
CHPY Omega Ratio Rank: 96
CHPY Calmar Ratio Rank: 97
CHPY Martin Ratio Rank: 97

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.

CHPY vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Semiconductor Portfolio Option Income ETF (CHPY) 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.

	CHPY	IPDP	Difference
Sharpe ratio: Return per unit of total volatility	5.47	—	—
Sortino ratio: Return per unit of downside risk	5.76	—	—
Omega ratio: Gain probability vs. loss probability	1.81	—	—
Calmar ratio: Return relative to maximum drawdown	12.38	—	—
Martin ratio: Return relative to average drawdown	47.28	—	—
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

	CHPY	IPDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.83	—	—

Drawdowns

CHPY vs. IPDP - Drawdown Comparison

The maximum CHPY drawdown since its inception was -12.17%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for CHPY and IPDP.

Drawdown Indicators

	CHPY	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-12.17%	0.00%	-12.17%
Max Drawdown (1Y) Largest decline over 1 year	-12.17%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.98%	0.00%	-1.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	—	—

Volatility

Volatility by Period

	CHPY	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.59%	0.00%	+27.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.17%	0.00%	+33.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.17%	0.00%	+33.17%

CHPY vs. IPDP - Expense Ratio Comparison

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

Dividends

CHPY vs. IPDP - Dividend Comparison

CHPY's dividend yield for the trailing twelve months is around 28.40%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025
CHPY YieldMax Semiconductor Portfolio Option Income ETF	28.40%	28.19%
IPDP Dividend Performers ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, CHPY or IPDP?

On fees, CHPY 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, CHPY or IPDP?

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

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

CHPY has the higher dividend yield at 28.40%, compared with 0.00% for IPDP.

What is the main difference between CHPY and IPDP?

They also come from different issuers: YieldMax and Innovative Portfolios. Their fees differ too: 0.99% for CHPY and 1.52% for IPDP.