IPDP vs. FTQI

Last updated Jul 17, 2026

IPDP (Dividend Performers ETF) and FTQI (First Trust Nasdaq BuyWrite Income ETF) are both exchange-traded funds - IPDP is a Derivative Income fund actively managed by Innovative Portfolios, while FTQI is a Nasdaq-100 fund tracking the NASDAQ-100 Index. IPDP is actively managed, while FTQI is passively managed. IPDP charges 1.52%/yr vs 0.75%/yr for FTQI.

Performance

IPDP vs. FTQI - Performance Comparison

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

Returns By Period

IPDP

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

FTQI

• 1D: -0.72%
• 1M: 1.28%
• 6M: 11.68%
• YTD: 12.76%
• 1Y: 26.34%
• 3Y*: 16.62%
• 5Y*: 12.26%
• 10Y*: 7.85%

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

IPDP vs. FTQI - Yearly Performance Comparison

	2026 (YTD)
IPDP Dividend Performers ETF	0.00%
FTQI First Trust Nasdaq BuyWrite Income ETF	14.32%

IPDP vs. FTQI - Sectors Allocation Comparison

Sectors	IPDP	FTQI
Industrials	43.0%	4.1%
Financial Services	18.6%	5.5%
Healthcare	13.6%	6.0%
Technology	13.1%	49.4%
Consumer Defensive	3.9%	6.2%
Basic Materials	3.6%	1.4%
Consumer Cyclical	3.6%	10.5%
Communication Services	-	11.8%
Energy	-	2.3%
Real Estate	-	1.3%
Utilities	-	1.5%

Return for Risk

IPDP vs. FTQI — 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.

FTQI

FTQI Risk / Return Rank: 91
FTQI Sharpe Ratio Rank: 90
FTQI Sortino Ratio Rank: 89
FTQI Omega Ratio Rank: 90
FTQI Calmar Ratio Rank: 89
FTQI Martin Ratio Rank: 94

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. FTQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dividend Performers ETF (IPDP) and First Trust Nasdaq BuyWrite Income ETF (FTQI). 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	FTQI	Difference
Sharpe ratio: Return per unit of total volatility	—	2.43	—
Sortino ratio: Return per unit of downside risk	—	3.37	—
Omega ratio: Gain probability vs. loss probability	—	1.45	—
Calmar ratio: Return relative to maximum drawdown	—	4.24	—
Martin ratio: Return relative to average drawdown	—	20.07	—

Drawdowns

Drawdown Indicators

	IPDP	FTQI	Difference
Max Drawdown Largest peak-to-trough decline	—	-19.42%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-6.24%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.42%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-19.42%	—
Current Drawdown Current decline from peak	—	-0.85%	—
Average Drawdown Average peak-to-trough decline	—	-3.73%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.32%	—

Volatility

Volatility by Period

	IPDP	FTQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.83%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	10.87%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	14.82%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	12.98%	—

IPDP vs. FTQI - Expense Ratio Comparison

IPDP has a 1.52% expense ratio, which is higher than FTQI's 0.75% expense ratio.

Dividends

IPDP vs. FTQI - Dividend Comparison

IPDP has not paid dividends to shareholders, while FTQI's dividend yield for the trailing twelve months is around 10.92%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTQI First Trust Nasdaq BuyWrite Income ETF	10.92%	11.46%	11.66%	11.49%	9.85%	3.05%	3.27%	2.95%	3.27%	2.74%	3.02%	3.54%
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, IPDP or FTQI?

On fees, FTQI is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IPDP or FTQI?

FTQI is cheaper with a 0.75% expense ratio, compared with 1.52% for IPDP.

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

FTQI has the higher dividend yield at 10.92%, compared with 0.00% for IPDP.

What is the main difference between IPDP and FTQI?

IPDP is categorized as Derivative Income, while FTQI is Nasdaq-100. They also come from different issuers: Innovative Portfolios and First Trust. Their fees differ too: 1.52% for IPDP and 0.75% for FTQI.