HIYY vs. IPDP

Last updated Jul 12, 2026

HIYY (YieldMax HIMS Option Income Strategy ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. HIYY charges 0.99%/yr vs 1.52%/yr for IPDP.

Performance

HIYY vs. IPDP - Performance Comparison

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

Returns By Period

HIYY

• 1D: -2.64%
• 1M: 15.27%
• 6M: 5.26%
• YTD: 2.11%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IPDP

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

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

HIYY vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
HIYY YieldMax HIMS Option Income Strategy ETF	33.72%
IPDP Dividend Performers ETF	0.00%

Return for Risk

HIYY vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax HIMS Option Income Strategy ETF (HIYY) 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.

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

Drawdowns

Drawdown Indicators

	HIYY	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-73.95%	—	—
Current Drawdown Current decline from peak	-41.79%	—	—
Average Drawdown Average peak-to-trough decline	-43.76%	—	—

Volatility

Volatility by Period

	HIYY	IPDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	82.75%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	82.75%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	82.75%	—	—

HIYY vs. IPDP - Expense Ratio Comparison

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

Dividends

HIYY vs. IPDP - Dividend Comparison

HIYY's dividend yield for the trailing twelve months is around 92.74%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025
HIYY YieldMax HIMS Option Income Strategy ETF	92.74%	29.99%
IPDP Dividend Performers ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, HIYY or IPDP?

On fees, HIYY is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HIYY or IPDP?

HIYY is cheaper with a 0.99% expense ratio, compared with 1.52% for IPDP.

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

HIYY has the higher dividend yield at 92.74%, compared with 0.00% for IPDP.

What is the main difference between HIYY and IPDP?

They also come from different issuers: YieldMax and Innovative Portfolios. Their fees differ too: 0.99% for HIYY and 1.52% for IPDP.