IPDP vs. FYEE

Last updated Apr 1, 2026

Compare and contrast key facts about Dividend Performers ETF (IPDP) and Fidelity Yield Enhanced Equity ETF (FYEE).

IPDP and FYEE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IPDP is an actively managed fund by Innovative Portfolios. It was launched on Dec 24, 2018. FYEE is an actively managed fund by Fidelity. It was launched on Apr 9, 2024.

Performance

IPDP vs. FYEE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dividend Performers ETF (IPDP) and Fidelity Yield Enhanced Equity ETF (FYEE). The values are adjusted to include any dividend payments, if applicable.

IPDP vs. FYEE - Yearly Performance Comparison

	2026 (YTD)
IPDP Dividend Performers ETF	0.00%
FYEE Fidelity Yield Enhanced Equity ETF	-4.13%

Returns By Period

IPDP

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

FYEE

• 1D: 2.88%
• 1M: -3.70%
• YTD: -2.56%
• 6M: 1.84%
• 1Y: 17.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IPDP vs. FYEE - Expense Ratio Comparison

IPDP has a 1.52% expense ratio, which is higher than FYEE's 0.28% expense ratio.

IPDP

Dividend Performers ETF

FYEE

Fidelity Yield Enhanced Equity ETF

Return for Risk

IPDP vs. FYEE — Risk / Return Rank

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

FYEE

FYEE Risk / Return Rank: 69
FYEE Sharpe Ratio Rank: 63
FYEE Sortino Ratio Rank: 64
FYEE Omega Ratio Rank: 75
FYEE Calmar Ratio Rank: 63
FYEE Martin Ratio Rank: 78

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. FYEE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dividend Performers ETF (IPDP) and Fidelity Yield Enhanced Equity ETF (FYEE). 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

	IPDP	FYEE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.93	—

Dividends

IPDP vs. FYEE - Dividend Comparison

IPDP has not paid dividends to shareholders, while FYEE's dividend yield for the trailing twelve months is around 8.31%.

	TTM	2025	2024
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%
FYEE Fidelity Yield Enhanced Equity ETF	8.31%	7.08%	5.45%

Drawdowns

IPDP vs. FYEE - Drawdown Comparison

The maximum IPDP drawdown since its inception was 0.00%, smaller than the maximum FYEE drawdown of -18.79%. Use the drawdown chart below to compare losses from any high point for IPDP and FYEE.

Drawdown Indicators

	IPDP	FYEE	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-18.79%	+18.79%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.60%	—
Current Drawdown Current decline from peak	0.00%	-4.72%	+4.72%
Average Drawdown Average peak-to-trough decline	0.00%	-2.40%	+2.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.20%	—

Volatility

Volatility by Period

	IPDP	FYEE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.48%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	15.89%	-15.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	14.32%	-14.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	14.32%	-14.32%