HIGH vs. IPDP

Last updated Jun 4, 2026

HIGH (Simplify Enhanced Income ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. HIGH charges 0.51%/yr vs 1.52%/yr for IPDP.

Performance

HIGH vs. IPDP - Performance Comparison

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

Returns By Period

HIGH

• 1D: -0.32%
• 1M: 1.63%
• YTD: -0.38%
• 6M: -1.48%
• 1Y: -3.46%
• 3Y*: 3.02%
• 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)

HIGH vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
HIGH Simplify Enhanced Income ETF	0.35%
IPDP Dividend Performers ETF	0.00%

HIGH vs. IPDP - Sectors Allocation Comparison

Sectors	HIGH	IPDP
Financial Services	71.3%	18.6%
Basic Materials	-	1.5%
Communication Services	-	-
Consumer Cyclical	-	3.6%
Consumer Defensive	-	3.9%
Energy	-	-
Healthcare	-	13.6%
Industrials	-	45.1%
Real Estate	-	-
Technology	-	13.1%
Utilities	-	-

Return for Risk

HIGH vs. IPDP — Risk / Return Rank

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

HIGH

HIGH Risk / Return Rank: 5
HIGH Sharpe Ratio Rank: 5
HIGH Sortino Ratio Rank: 4
HIGH Omega Ratio Rank: 4
HIGH Calmar Ratio Rank: 5
HIGH Martin Ratio Rank: 6

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.

HIGH vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Enhanced Income ETF (HIGH) 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.

	HIGH	IPDP	Difference
Sharpe ratio: Return per unit of total volatility	-0.39	—	—
Sortino ratio: Return per unit of downside risk	-0.51	—	—
Omega ratio: Gain probability vs. loss probability	0.94	—	—
Calmar ratio: Return relative to maximum drawdown	-0.37	—	—
Martin ratio: Return relative to average drawdown	-0.53	—	—
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

	HIGH	IPDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	—	—

Drawdowns

HIGH vs. IPDP - Drawdown Comparison

The maximum HIGH drawdown since its inception was -9.50%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for HIGH and IPDP.

Drawdown Indicators

	HIGH	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-9.50%	0.00%	-9.50%
Max Drawdown (1Y) Largest decline over 1 year	-9.50%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-9.50%	—	—
Current Drawdown Current decline from peak	-7.11%	0.00%	-7.11%
Average Drawdown Average peak-to-trough decline	-2.37%	0.00%	-2.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.53%	—	—

Volatility

Volatility by Period

	HIGH	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.83%	0.00%	+8.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.56%	0.00%	+9.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.56%	0.00%	+9.56%

HIGH vs. IPDP - Expense Ratio Comparison

HIGH has a 0.51% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

HIGH vs. IPDP - Dividend Comparison

HIGH's dividend yield for the trailing twelve months is around 7.33%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
HIGH Simplify Enhanced Income ETF	7.33%	7.71%	8.34%	9.40%	0.62%
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, HIGH or IPDP?

On fees, HIGH is cheaper at 0.51% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HIGH or IPDP?

HIGH is cheaper with a 0.51% expense ratio, compared with 1.52% for IPDP.

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

HIGH has the higher dividend yield at 7.33%, compared with 0.00% for IPDP.

What is the main difference between HIGH and IPDP?

They also come from different issuers: Simplify and Innovative Portfolios. Their fees differ too: 0.51% for HIGH and 1.52% for IPDP.