GLDY vs. IPDP

Last updated Apr 1, 2026

Compare and contrast key facts about Defiance Gold Enhanced Options Income ETF (GLDY) and Dividend Performers ETF (IPDP).

GLDY and IPDP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLDY is an actively managed fund by Defiance. It was launched on Apr 1, 2025. IPDP is an actively managed fund by Innovative Portfolios. It was launched on Dec 24, 2018.

Performance

GLDY vs. IPDP - Performance Comparison

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

GLDY vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
GLDY Defiance Gold Enhanced Options Income ETF	-1.56%
IPDP Dividend Performers ETF	0.00%

Returns By Period

GLDY

• 1D: 1.38%
• 1M: -7.41%
• YTD: 1.71%
• 6M: 7.35%
• 1Y: —
• 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)

GLDY vs. IPDP - Expense Ratio Comparison

GLDY has a 0.99% expense ratio, which is lower than IPDP's 1.52% expense ratio.

IPDP

Dividend Performers ETF

GLDY

Defiance Gold Enhanced Options Income ETF

Return for Risk

GLDY vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Gold Enhanced Options Income ETF (GLDY) 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.

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

Sharpe Ratios by Period

	GLDY	IPDP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	—	—

Dividends

GLDY vs. IPDP - Dividend Comparison

GLDY's dividend yield for the trailing twelve months is around 48.03%, while IPDP has not paid dividends to shareholders.

	TTM	2025
GLDY Defiance Gold Enhanced Options Income ETF	48.03%	37.38%
IPDP Dividend Performers ETF	0.00%	0.00%

Drawdowns

GLDY vs. IPDP - Drawdown Comparison

The maximum GLDY drawdown since its inception was -13.43%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for GLDY and IPDP.

Drawdown Indicators

	GLDY	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-13.43%	0.00%	-13.43%
Current Drawdown Current decline from peak	-9.56%	0.00%	-9.56%
Average Drawdown Average peak-to-trough decline	-2.82%	0.00%	-2.82%

Volatility

Volatility by Period

	GLDY	IPDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.99%	0.00%	+19.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.99%	0.00%	+19.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.99%	0.00%	+19.99%