IPDP vs. QQA

Last updated Apr 1, 2026

Compare and contrast key facts about Dividend Performers ETF (IPDP) and Invesco QQQ Income Advantage ETF (QQA).

IPDP and QQA 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. QQA is an actively managed fund by Invesco. It was launched on Jul 17, 2024.

Performance

IPDP vs. QQA - Performance Comparison

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

IPDP vs. QQA - Yearly Performance Comparison

	2026 (YTD)
IPDP Dividend Performers ETF	0.00%
QQA Invesco QQQ Income Advantage ETF	-3.54%

Returns By Period

IPDP

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

QQA

• 1D: 3.03%
• 1M: -3.44%
• YTD: -3.46%
• 6M: -0.18%
• 1Y: 20.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IPDP vs. QQA - Expense Ratio Comparison

IPDP has a 1.52% expense ratio, which is higher than QQA's 0.29% expense ratio.

IPDP

Dividend Performers ETF

QQA

Invesco QQQ Income Advantage ETF

Return for Risk

IPDP vs. QQA — Risk / Return Rank

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

QQA

QQA Risk / Return Rank: 72
QQA Sharpe Ratio Rank: 65
QQA Sortino Ratio Rank: 70
QQA Omega Ratio Rank: 71
QQA Calmar Ratio Rank: 73
QQA Martin Ratio Rank: 82

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. QQA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dividend Performers ETF (IPDP) and Invesco QQQ Income Advantage ETF (QQA). 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	QQA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.64	—

Dividends

IPDP vs. QQA - Dividend Comparison

IPDP has not paid dividends to shareholders, while QQA's dividend yield for the trailing twelve months is around 10.53%.

	TTM	2025	2024
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%
QQA Invesco QQQ Income Advantage ETF	10.53%	9.78%	4.29%

Drawdowns

IPDP vs. QQA - Drawdown Comparison

The maximum IPDP drawdown since its inception was 0.00%, smaller than the maximum QQA drawdown of -19.73%. Use the drawdown chart below to compare losses from any high point for IPDP and QQA.

Drawdown Indicators

	IPDP	QQA	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-19.73%	+19.73%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.55%	—
Current Drawdown Current decline from peak	0.00%	-5.99%	+5.99%
Average Drawdown Average peak-to-trough decline	0.00%	-2.62%	+2.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.41%	—

Volatility

Volatility by Period

	IPDP	QQA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.76%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	18.99%	-18.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	18.85%	-18.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	18.85%	-18.85%