FTKI vs. IPDP

Last updated Jul 16, 2026

FTKI (First Trust Small Cap BuyWrite Income ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. FTKI charges 0.85%/yr vs 1.52%/yr for IPDP.

Performance

FTKI vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Small Cap BuyWrite Income ETF (FTKI) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FTKI

• 1D: 0.04%
• 1M: 1.78%
• 6M: 11.92%
• YTD: 13.33%
• 1Y: 21.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IPDP

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

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

FTKI vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
FTKI First Trust Small Cap BuyWrite Income ETF	8.97%
IPDP Dividend Performers ETF	0.00%

FTKI vs. IPDP - Sectors Allocation Comparison

Sectors	FTKI	IPDP
Financial Services	18.6%	18.6%
Consumer Cyclical	13.8%	3.6%
Industrials	13.8%	43.0%
Technology	13.8%	13.1%
Healthcare	13.1%	13.6%
Energy	7.6%	-
Real Estate	7.6%	-
Basic Materials	4.8%	3.6%
Communication Services	3.4%	-
Consumer Defensive	1.4%	3.9%
Utilities	1.4%	-

Return for Risk

FTKI vs. IPDP — Risk / Return Rank

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

FTKI

FTKI Risk / Return Rank: 85
FTKI Sharpe Ratio Rank: 85
FTKI Sortino Ratio Rank: 86
FTKI Omega Ratio Rank: 85
FTKI Calmar Ratio Rank: 87
FTKI Martin Ratio Rank: 83

IPDP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

FTKI vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Small Cap BuyWrite Income ETF (FTKI) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FTKI	IPDP	Difference
Sharpe ratio: Return per unit of total volatility	2.19	—	—
Sortino ratio: Return per unit of downside risk	3.14	—	—
Omega ratio: Gain probability vs. loss probability	1.40	—	—
Calmar ratio: Return relative to maximum drawdown	3.93	—	—
Martin ratio: Return relative to average drawdown	13.16	—	—

Drawdowns

Drawdown Indicators

	FTKI	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-15.17%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-5.56%	—	—
Current Drawdown Current decline from peak	-0.31%	—	—
Average Drawdown Average peak-to-trough decline	-2.42%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.66%	—	—

Volatility

Volatility by Period

	FTKI	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.57%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.98%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.88%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.88%	—	—

FTKI vs. IPDP - Expense Ratio Comparison

FTKI has a 0.85% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

FTKI vs. IPDP - Dividend Comparison

FTKI's dividend yield for the trailing twelve months is around 11.23%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025
FTKI First Trust Small Cap BuyWrite Income ETF	11.23%	8.99%
IPDP Dividend Performers ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, FTKI or IPDP?

On fees, FTKI is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FTKI or IPDP?

FTKI is cheaper with a 0.85% expense ratio, compared with 1.52% for IPDP.

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

FTKI has the higher dividend yield at 11.23%, compared with 0.00% for IPDP.

What is the main difference between FTKI and IPDP?

They also come from different issuers: First Trust and Innovative Portfolios. Their fees differ too: 0.85% for FTKI and 1.52% for IPDP.