IPDP vs. BUCK

Last updated Jun 24, 2026

IPDP (Dividend Performers ETF) and BUCK (Simplify Treasury Option Income ETF) are both exchange-traded funds - IPDP is a Derivative Income fund actively managed by Innovative Portfolios, while BUCK is a Government Bonds fund actively managed by Simplify. Both are actively managed. IPDP charges 1.52%/yr vs 0.35%/yr for BUCK.

Performance

IPDP vs. BUCK - Performance Comparison

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

Returns By Period

IPDP

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUCK

• 1D: 0.04%
• 1M: 0.21%
• YTD: 2.12%
• 6M: 1.99%
• 1Y: 6.93%
• 3Y*: 5.24%
• 5Y*: —
• 10Y*: —

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

IPDP vs. BUCK - Yearly Performance Comparison

	2026 (YTD)
IPDP Dividend Performers ETF	0.00%
BUCK Simplify Treasury Option Income ETF	1.45%

Return for Risk

IPDP vs. BUCK — Risk / Return Rank

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

IPDP

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

BUCK

BUCK Risk / Return Rank: 86
BUCK Sharpe Ratio Rank: 77
BUCK Sortino Ratio Rank: 82
BUCK Omega Ratio Rank: 86
BUCK Calmar Ratio Rank: 90
BUCK Martin Ratio Rank: 95

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.

IPDP vs. BUCK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dividend Performers ETF (IPDP) and Simplify Treasury Option Income ETF (BUCK). 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.

	IPDP	BUCK	Difference
Sharpe ratio: Return per unit of total volatility	—	2.34	—
Sortino ratio: Return per unit of downside risk	—	3.44	—
Omega ratio: Gain probability vs. loss probability	—	1.50	—
Calmar ratio: Return relative to maximum drawdown	—	5.32	—
Martin ratio: Return relative to average drawdown	—	28.71	—

Drawdowns

IPDP vs. BUCK - Drawdown Comparison

The maximum IPDP drawdown since its inception was 0.00%, smaller than the maximum BUCK drawdown of -5.43%. Use the drawdown chart below to compare losses from any high point for IPDP and BUCK.

Drawdown Indicators

	IPDP	BUCK	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-5.43%	+5.43%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.31%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-5.43%	—
Current Drawdown Current decline from peak	0.00%	-0.04%	+0.04%
Average Drawdown Average peak-to-trough decline	0.00%	-0.49%	+0.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.24%	—

Volatility

Volatility by Period

	IPDP	BUCK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.28%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	2.98%	-2.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	3.46%	-3.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	3.46%	-3.46%

IPDP vs. BUCK - Expense Ratio Comparison

IPDP has a 1.52% expense ratio, which is higher than BUCK's 0.35% expense ratio.

Dividends

IPDP vs. BUCK - Dividend Comparison

IPDP has not paid dividends to shareholders, while BUCK's dividend yield for the trailing twelve months is around 7.40%.

Position	TTM	2025	2024	2023	2022
BUCK Simplify Treasury Option Income ETF	7.40%	7.59%	8.84%	4.84%	0.59%
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, IPDP or BUCK?

On fees, BUCK is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IPDP or BUCK?

BUCK is cheaper with a 0.35% expense ratio, compared with 1.52% for IPDP.

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

BUCK has the higher dividend yield at 7.40%, compared with 0.00% for IPDP.

What is the main difference between IPDP and BUCK?

IPDP is categorized as Derivative Income, while BUCK is Government Bonds. They also come from different issuers: Innovative Portfolios and Simplify. Their fees differ too: 1.52% for IPDP and 0.35% for BUCK.