FYEE vs. IPDP

Last updated Jun 4, 2026

FYEE (Fidelity Yield Enhanced Equity ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. FYEE charges 0.28%/yr vs 1.52%/yr for IPDP.

Performance

FYEE vs. IPDP - Performance Comparison

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

Returns By Period

FYEE

• 1D: -0.30%
• 1M: 3.22%
• YTD: 7.03%
• 6M: 8.52%
• 1Y: 24.64%
• 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)

FYEE vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
FYEE Fidelity Yield Enhanced Equity ETF	5.30%
IPDP Dividend Performers ETF	0.00%

Return for Risk

FYEE vs. IPDP — Risk / Return Rank

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

FYEE

FYEE Risk / Return Rank: 77
FYEE Sharpe Ratio Rank: 78
FYEE Sortino Ratio Rank: 76
FYEE Omega Ratio Rank: 84
FYEE Calmar Ratio Rank: 66
FYEE Martin Ratio Rank: 83

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.

FYEE vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Yield Enhanced Equity ETF (FYEE) 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.

	FYEE	IPDP	Difference
Sharpe ratio: Return per unit of total volatility	2.57	—	—
Sortino ratio: Return per unit of downside risk	3.47	—	—
Omega ratio: Gain probability vs. loss probability	1.52	—	—
Calmar ratio: Return relative to maximum drawdown	3.35	—	—
Martin ratio: Return relative to average drawdown	17.14	—	—
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

	FYEE	IPDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.57	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.24	—	—

Drawdowns

FYEE vs. IPDP - Drawdown Comparison

The maximum FYEE drawdown since its inception was -18.79%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FYEE and IPDP.

Drawdown Indicators

	FYEE	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-18.79%	0.00%	-18.79%
Max Drawdown (1Y) Largest decline over 1 year	-7.39%	—	—
Current Drawdown Current decline from peak	-0.30%	0.00%	-0.30%
Average Drawdown Average peak-to-trough decline	-2.25%	0.00%	-2.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.44%	—	—

Volatility

Volatility by Period

	FYEE	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.43%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.64%	0.00%	+9.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.84%	0.00%	+13.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.84%	0.00%	+13.84%

FYEE vs. IPDP - Expense Ratio Comparison

FYEE has a 0.28% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

FYEE vs. IPDP - Dividend Comparison

FYEE's dividend yield for the trailing twelve months is around 7.57%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025	2024
FYEE Fidelity Yield Enhanced Equity ETF	7.57%	7.08%	5.45%
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, FYEE or IPDP?

On fees, FYEE is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FYEE or IPDP?

FYEE is cheaper with a 0.28% expense ratio, compared with 1.52% for IPDP.

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

FYEE has the higher dividend yield at 7.57%, compared with 0.00% for IPDP.

What is the main difference between FYEE and IPDP?

They also come from different issuers: Fidelity and Innovative Portfolios. Their fees differ too: 0.28% for FYEE and 1.52% for IPDP.