IPDP vs. QQA

Last updated Jun 4, 2026

IPDP (Dividend Performers ETF) and QQA (Invesco QQQ Income Advantage ETF) are both Derivative Income funds. Both are actively managed. IPDP charges 1.52%/yr vs 0.29%/yr for QQA.

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.

Returns By Period

IPDP

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

QQA

• 1D: -0.10%
• 1M: 7.03%
• YTD: 14.57%
• 6M: 14.20%
• 1Y: 32.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IPDP vs. QQA - Yearly Performance Comparison

	2026 (YTD)
IPDP Dividend Performers ETF	0.00%
QQA Invesco QQQ Income Advantage ETF	14.47%

IPDP vs. QQA - Sectors Allocation Comparison

Sectors	IPDP	QQA
Industrials	45.1%	2.8%
Financial Services	18.6%	0.2%
Healthcare	13.6%	4.2%
Technology	13.1%	53.8%
Consumer Defensive	3.9%	7.7%
Consumer Cyclical	3.6%	12.3%
Basic Materials	1.5%	1.1%
Communication Services	-	15.8%
Energy	-	0.6%
Real Estate	-	0.1%
Utilities	-	1.4%

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: 77
QQA Sharpe Ratio Rank: 77
QQA Sortino Ratio Rank: 75
QQA Omega Ratio Rank: 76
QQA Calmar Ratio Rank: 73
QQA Martin Ratio Rank: 81

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	—	2.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.18	—

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	—	-8.76%	—
Current Drawdown Current decline from peak	0.00%	-0.10%	+0.10%
Average Drawdown Average peak-to-trough decline	0.00%	-2.44%	+2.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.95%	—

Volatility

Volatility by Period

	IPDP	QQA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.91%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	12.59%	-12.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	18.27%	-18.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	18.27%	-18.27%

IPDP vs. QQA - Expense Ratio Comparison

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

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 9.29%.

Position	TTM	2025	2024
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%
QQA Invesco QQQ Income Advantage ETF	9.29%	9.78%	4.29%

Frequently Asked Questions

Which ETF is better, IPDP or QQA?

On fees, QQA is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IPDP or QQA?

QQA is cheaper with a 0.29% expense ratio, compared with 1.52% for IPDP.

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

QQA has the higher dividend yield at 9.29%, compared with 0.00% for IPDP.

What is the main difference between IPDP and QQA?

They also come from different issuers: Innovative Portfolios and Invesco. Their fees differ too: 1.52% for IPDP and 0.29% for QQA.