HOOY vs. IPDP

Last updated Apr 2, 2026

Compare and contrast key facts about YieldMax HOOD Option Income Strategy ETF (HOOY) and Dividend Performers ETF (IPDP).

HOOY and IPDP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HOOY is an actively managed fund by YieldMax. It was launched on May 7, 2025. IPDP is an actively managed fund by Innovative Portfolios. It was launched on Dec 24, 2018.

Performance

HOOY vs. IPDP - Performance Comparison

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

HOOY vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
HOOY YieldMax HOOD Option Income Strategy ETF	-8.14%
IPDP Dividend Performers ETF	0.00%

Returns By Period

HOOY

• 1D: 1.58%
• 1M: -5.12%
• YTD: -30.55%
• 6M: -44.01%
• 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)

HOOY vs. IPDP - Expense Ratio Comparison

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

IPDP

Dividend Performers ETF

HOOY

YieldMax HOOD Option Income Strategy ETF

Return for Risk

HOOY vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax HOOD Option Income Strategy ETF (HOOY) 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

	HOOY	IPDP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	—	—

Dividends

HOOY vs. IPDP - Dividend Comparison

HOOY's dividend yield for the trailing twelve months is around 158.59%, while IPDP has not paid dividends to shareholders.

	TTM	2025
HOOY YieldMax HOOD Option Income Strategy ETF	158.59%	82.87%
IPDP Dividend Performers ETF	0.00%	0.00%

Drawdowns

HOOY vs. IPDP - Drawdown Comparison

The maximum HOOY drawdown since its inception was -51.54%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for HOOY and IPDP.

Drawdown Indicators

	HOOY	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-51.54%	0.00%	-51.54%
Current Drawdown Current decline from peak	-48.25%	0.00%	-48.25%
Average Drawdown Average peak-to-trough decline	-15.91%	0.00%	-15.91%

Volatility

Volatility by Period

	HOOY	IPDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	53.30%	0.00%	+53.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.30%	0.00%	+53.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.30%	0.00%	+53.30%