DIVP vs. IPDP

Last updated Jun 4, 2026

DIVP (Cullen Enhanced Equity Income ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. DIVP charges 0.55%/yr vs 1.52%/yr for IPDP.

Performance

DIVP vs. IPDP - Performance Comparison

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

Returns By Period

DIVP

• 1D: -0.39%
• 1M: 2.18%
• YTD: 7.90%
• 6M: 9.10%
• 1Y: 14.04%
• 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)

DIVP vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
DIVP Cullen Enhanced Equity Income ETF	0.07%
IPDP Dividend Performers ETF	0.00%

DIVP vs. IPDP - Sectors Allocation Comparison

Sectors	DIVP	IPDP
Healthcare	17.9%	13.6%
Financial Services	16.1%	18.6%
Energy	11.6%	-
Industrials	9.3%	45.1%
Consumer Defensive	9.0%	3.9%
Technology	8.6%	13.1%
Communication Services	8.0%	-
Real Estate	6.5%	-
Utilities	6.3%	-
Consumer Cyclical	4.4%	3.6%
Basic Materials	2.4%	1.5%

Return for Risk

DIVP vs. IPDP — Risk / Return Rank

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

DIVP

DIVP Risk / Return Rank: 39
DIVP Sharpe Ratio Rank: 39
DIVP Sortino Ratio Rank: 40
DIVP Omega Ratio Rank: 35
DIVP Calmar Ratio Rank: 46
DIVP Martin Ratio Rank: 36

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.

DIVP vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cullen Enhanced Equity Income ETF (DIVP) 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.

	DIVP	IPDP	Difference
Sharpe ratio: Return per unit of total volatility	1.39	—	—
Sortino ratio: Return per unit of downside risk	2.07	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	2.25	—	—
Martin ratio: Return relative to average drawdown	5.48	—	—
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

	DIVP	IPDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	—	—

Drawdowns

DIVP vs. IPDP - Drawdown Comparison

The maximum DIVP drawdown since its inception was -12.26%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for DIVP and IPDP.

Drawdown Indicators

	DIVP	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-12.26%	0.00%	-12.26%
Max Drawdown (1Y) Largest decline over 1 year	-6.28%	—	—
Current Drawdown Current decline from peak	-0.77%	0.00%	-0.77%
Average Drawdown Average peak-to-trough decline	-2.44%	0.00%	-2.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	—	—

Volatility

Volatility by Period

	DIVP	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.43%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.13%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.13%	0.00%	+10.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.78%	0.00%	+11.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.78%	0.00%	+11.78%

DIVP vs. IPDP - Expense Ratio Comparison

DIVP has a 0.55% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

DIVP vs. IPDP - Dividend Comparison

DIVP's dividend yield for the trailing twelve months is around 5.69%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025	2024
DIVP Cullen Enhanced Equity Income ETF	5.69%	6.06%	5.92%
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, DIVP or IPDP?

On fees, DIVP is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DIVP or IPDP?

DIVP is cheaper with a 0.55% expense ratio, compared with 1.52% for IPDP.

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

DIVP has the higher dividend yield at 5.69%, compared with 0.00% for IPDP.

What is the main difference between DIVP and IPDP?

They also come from different issuers: Cullen and Innovative Portfolios. Their fees differ too: 0.55% for DIVP and 1.52% for IPDP.