ETFOX vs. IPDP

Last updated Jun 3, 2026

ETFOX (North Square Tactical Growth Fund) and IPDP (Dividend Performers ETF) are both funds - ETFOX is a Tactical Allocation fund managed by Stadion Funds, while IPDP is a Derivative Income fund actively managed by Innovative Portfolios. ETFOX charges 1.30%/yr vs 1.52%/yr for IPDP.

Performance

ETFOX vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in North Square Tactical Growth Fund (ETFOX) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ETFOX

• 1D: 0.25%
• 1M: 4.39%
• YTD: 9.18%
• 6M: 9.39%
• 1Y: 22.23%
• 3Y*: 15.92%
• 5Y*: 8.53%
• 10Y*: 9.73%

IPDP

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ETFOX vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
ETFOX North Square Tactical Growth Fund	7.40%
IPDP Dividend Performers ETF	0.00%

Return for Risk

ETFOX vs. IPDP — Risk / Return Rank

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

ETFOX

ETFOX Risk / Return Rank: 57
ETFOX Sharpe Ratio Rank: 59
ETFOX Sortino Ratio Rank: 56
ETFOX Omega Ratio Rank: 54
ETFOX Calmar Ratio Rank: 54
ETFOX Martin Ratio Rank: 60

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.

ETFOX vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for North Square Tactical Growth Fund (ETFOX) 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.

	ETFOX	IPDP	Difference
Sharpe ratio Return per unit of total volatility	2.28	—	—
Sortino ratio Return per unit of downside risk	3.16	—	—
Omega ratio Gain probability vs. loss probability	1.41	—	—
Calmar ratio Return relative to maximum drawdown	2.83	—	—
Martin ratio Return relative to average drawdown	11.97	—	—
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

	ETFOX	IPDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	—	—

Drawdowns

ETFOX vs. IPDP - Drawdown Comparison

The maximum ETFOX drawdown since its inception was -41.32%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for ETFOX and IPDP.

Drawdown Indicators

	ETFOX	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-41.32%	0.00%	-41.32%
Max Drawdown (1Y) Largest decline over 1 year	-8.15%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.63%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.86%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-18.47%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.43%	0.00%	-5.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.93%	—	—

Volatility

Volatility by Period

	ETFOX	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.47%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.14%	0.00%	+10.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.42%	0.00%	+12.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.40%	0.00%	+12.40%

ETFOX vs. IPDP - Expense Ratio Comparison

ETFOX has a 1.30% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

ETFOX vs. IPDP - Dividend Comparison

ETFOX's dividend yield for the trailing twelve months is around 1.19%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ETFOX North Square Tactical Growth Fund	1.19%	1.29%	2.36%	0.98%	7.75%	4.75%	0.02%	4.81%	2.65%	0.00%	0.20%	0.64%
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%