IPDP vs. BUYW

Last updated Jun 24, 2026

IPDP (Dividend Performers ETF) and BUYW (Main Buywrite ETF) are both Derivative Income funds. Both are actively managed. IPDP charges 1.52%/yr vs 1.29%/yr for BUYW.

Performance

IPDP vs. BUYW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dividend Performers ETF (IPDP) and Main Buywrite ETF (BUYW). 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*: —

BUYW

• 1D: 0.35%
• 1M: 0.35%
• YTD: 3.75%
• 6M: 4.11%
• 1Y: 9.91%
• 3Y*: 8.68%
• 5Y*: —
• 10Y*: —

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

IPDP vs. BUYW - Yearly Performance Comparison

	2026 (YTD)
IPDP Dividend Performers ETF	0.00%
BUYW Main Buywrite ETF	3.66%

IPDP vs. BUYW - Sectors Allocation Comparison

Sectors	IPDP	BUYW
Industrials	45.1%	4.4%
Financial Services	18.6%	14.5%
Healthcare	13.6%	13.0%
Technology	13.1%	26.6%
Consumer Defensive	3.9%	3.0%
Consumer Cyclical	3.6%	6.4%
Basic Materials	1.5%	1.0%
Communication Services	-	16.4%
Energy	-	12.7%
Real Estate	-	0.9%
Utilities	-	1.2%

Return for Risk

IPDP vs. BUYW — 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.

BUYW

BUYW Risk / Return Rank: 77
BUYW Sharpe Ratio Rank: 66
BUYW Sortino Ratio Rank: 74
BUYW Omega Ratio Rank: 74
BUYW Calmar Ratio Rank: 78
BUYW Martin Ratio Rank: 91

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. BUYW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dividend Performers ETF (IPDP) and Main Buywrite ETF (BUYW). 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	BUYW	Difference
Sharpe ratio: Return per unit of total volatility	—	2.06	—
Sortino ratio: Return per unit of downside risk	—	3.13	—
Omega ratio: Gain probability vs. loss probability	—	1.41	—
Calmar ratio: Return relative to maximum drawdown	—	3.84	—
Martin ratio: Return relative to average drawdown	—	20.54	—

Drawdowns

IPDP vs. BUYW - Drawdown Comparison

The maximum IPDP drawdown since its inception was 0.00%, smaller than the maximum BUYW drawdown of -9.36%. Use the drawdown chart below to compare losses from any high point for IPDP and BUYW.

Drawdown Indicators

	IPDP	BUYW	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-9.36%	+9.36%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.36%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-0.60%	+0.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.48%	—

Volatility

Volatility by Period

	IPDP	BUYW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.84%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	4.84%	-4.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	8.43%	-8.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	8.43%	-8.43%

IPDP vs. BUYW - Expense Ratio Comparison

IPDP has a 1.52% expense ratio, which is higher than BUYW's 1.29% expense ratio.

Dividends

IPDP vs. BUYW - Dividend Comparison

IPDP has not paid dividends to shareholders, while BUYW's dividend yield for the trailing twelve months is around 5.89%.

Position	TTM	2025	2024	2023	2022
BUYW Main Buywrite ETF	5.89%	5.89%	5.93%	5.95%	0.50%
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, IPDP or BUYW?

On fees, BUYW is cheaper at 1.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IPDP or BUYW?

BUYW is cheaper with a 1.29% expense ratio, compared with 1.52% for IPDP.

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

BUYW has the higher dividend yield at 5.89%, compared with 0.00% for IPDP.

What is the main difference between IPDP and BUYW?

They also come from different issuers: Innovative Portfolios and Main Funds. Their fees differ too: 1.52% for IPDP and 1.29% for BUYW.