EDGE vs. IPDP

Last updated Jun 4, 2026

EDGE (MRBL Enhanced Equity ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. EDGE charges 0.74%/yr vs 1.52%/yr for IPDP.

Performance

EDGE vs. IPDP - Performance Comparison

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

Returns By Period

EDGE

• 1D: -0.24%
• 1M: 3.49%
• YTD: 9.19%
• 6M: 10.97%
• 1Y: 28.99%
• 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)

EDGE vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
EDGE MRBL Enhanced Equity ETF	7.41%
IPDP Dividend Performers ETF	0.00%

Return for Risk

EDGE vs. IPDP — Risk / Return Rank

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

EDGE

EDGE Risk / Return Rank: 80
EDGE Sharpe Ratio Rank: 81
EDGE Sortino Ratio Rank: 80
EDGE Omega Ratio Rank: 86
EDGE Calmar Ratio Rank: 66
EDGE Martin Ratio Rank: 85

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.

EDGE vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MRBL Enhanced Equity ETF (EDGE) 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.

	EDGE	IPDP	Difference
Sharpe ratio: Return per unit of total volatility	2.58	—	—
Sortino ratio: Return per unit of downside risk	3.55	—	—
Omega ratio: Gain probability vs. loss probability	1.53	—	—
Calmar ratio: Return relative to maximum drawdown	3.23	—	—
Martin ratio: Return relative to average drawdown	17.20	—	—
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

	EDGE	IPDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.58	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.06	—	—

Drawdowns

EDGE vs. IPDP - Drawdown Comparison

The maximum EDGE drawdown since its inception was -20.66%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for EDGE and IPDP.

Drawdown Indicators

	EDGE	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-20.66%	0.00%	-20.66%
Max Drawdown (1Y) Largest decline over 1 year	-9.01%	—	—
Current Drawdown Current decline from peak	-0.24%	0.00%	-0.24%
Average Drawdown Average peak-to-trough decline	-2.85%	0.00%	-2.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.69%	—	—

Volatility

Volatility by Period

	EDGE	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.28%	0.00%	+11.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.95%	0.00%	+15.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.95%	0.00%	+15.95%

EDGE vs. IPDP - Expense Ratio Comparison

EDGE has a 0.74% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

EDGE vs. IPDP - Dividend Comparison

Neither EDGE nor IPDP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, EDGE or IPDP?

On fees, EDGE is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EDGE or IPDP?

EDGE is cheaper with a 0.74% expense ratio, compared with 1.52% for IPDP.

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

EDGE and IPDP have nearly identical dividend yields, around 0.00%.

What is the main difference between EDGE and IPDP?

They also come from different issuers: MRBL and Innovative Portfolios. Their fees differ too: 0.74% for EDGE and 1.52% for IPDP.