IPDP vs. MAIN
Compare and contrast key facts about Dividend Performers ETF (IPDP) and Main Street Capital Corporation (MAIN).
IPDP is an actively managed fund by Innovative Portfolios. It was launched on Dec 24, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IPDP or MAIN.
Correlation
The correlation between IPDP and MAIN is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IPDP vs. MAIN - Performance Comparison
Key characteristics
IPDP:
0.07
MAIN:
1.11
IPDP:
0.29
MAIN:
1.56
IPDP:
1.04
MAIN:
1.23
IPDP:
0.08
MAIN:
1.11
IPDP:
0.36
MAIN:
4.70
IPDP:
5.13%
MAIN:
4.96%
IPDP:
25.89%
MAIN:
20.94%
IPDP:
-31.85%
MAIN:
-64.53%
IPDP:
-16.96%
MAIN:
-14.29%
Returns By Period
In the year-to-date period, IPDP achieves a -9.91% return, which is significantly lower than MAIN's -6.90% return.
IPDP
-9.91%
-9.50%
-13.03%
2.92%
N/A
N/A
MAIN
-6.90%
-7.50%
5.70%
22.11%
26.61%
14.16%
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Risk-Adjusted Performance
IPDP vs. MAIN — Risk-Adjusted Performance Rank
IPDP
MAIN
IPDP vs. MAIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dividend Performers ETF (IPDP) and Main Street Capital Corporation (MAIN). 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.
Dividends
IPDP vs. MAIN - Dividend Comparison
IPDP's dividend yield for the trailing twelve months is around 4.51%, less than MAIN's 7.79% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPDP Dividend Performers ETF | 4.51% | 3.97% | 1.88% | 2.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MAIN Main Street Capital Corporation | 7.79% | 7.02% | 8.55% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.02% | 7.42% | 9.15% | 8.72% |
Drawdowns
IPDP vs. MAIN - Drawdown Comparison
The maximum IPDP drawdown since its inception was -31.85%, smaller than the maximum MAIN drawdown of -64.53%. Use the drawdown chart below to compare losses from any high point for IPDP and MAIN. For additional features, visit the drawdowns tool.
Volatility
IPDP vs. MAIN - Volatility Comparison
Dividend Performers ETF (IPDP) has a higher volatility of 20.63% compared to Main Street Capital Corporation (MAIN) at 13.42%. This indicates that IPDP's price experiences larger fluctuations and is considered to be riskier than MAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.