IPPP vs. EVPF

Last updated Jun 4, 2026

IPPP (Preferred-Plus ETF) and EVPF (Eaton Vance Preferred Securities and Income ETF) are both Preferred Stock/Convertible Bonds funds. Both are actively managed. IPPP charges 1.27%/yr vs 0.39%/yr for EVPF.

Performance

IPPP vs. EVPF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Preferred-Plus ETF (IPPP) and Eaton Vance Preferred Securities and Income ETF (EVPF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IPPP

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

EVPF

• 1D: 0.00%
• 1M: 0.75%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IPPP vs. EVPF - Yearly Performance Comparison

	2026 (YTD)
IPPP Preferred-Plus ETF	0.00%
EVPF Eaton Vance Preferred Securities and Income ETF	1.16%

Return for Risk

IPPP vs. EVPF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Preferred-Plus ETF (IPPP) and Eaton Vance Preferred Securities and Income ETF (EVPF). 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

	IPPP	EVPF	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.13	—

Drawdowns

IPPP vs. EVPF - Drawdown Comparison

The maximum IPPP drawdown since its inception was 0.00%, smaller than the maximum EVPF drawdown of -2.36%. Use the drawdown chart below to compare losses from any high point for IPPP and EVPF.

Drawdown Indicators

	IPPP	EVPF	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-2.36%	+2.36%
Current Drawdown Current decline from peak	0.00%	-0.17%	+0.17%
Average Drawdown Average peak-to-trough decline	0.00%	-0.52%	+0.52%

Volatility

Volatility by Period

	IPPP	EVPF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	4.31%	-4.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	4.31%	-4.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	4.31%	-4.31%

IPPP vs. EVPF - Expense Ratio Comparison

IPPP has a 1.27% expense ratio, which is higher than EVPF's 0.39% expense ratio.

Dividends

IPPP vs. EVPF - Dividend Comparison

IPPP has not paid dividends to shareholders, while EVPF's dividend yield for the trailing twelve months is around 1.08%.

Position	TTM
EVPF Eaton Vance Preferred Securities and Income ETF	1.08%
IPPP Preferred-Plus ETF	0.00%

Frequently Asked Questions

Which ETF is better, IPPP or EVPF?

On fees, EVPF is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IPPP or EVPF?

EVPF is cheaper with a 0.39% expense ratio, compared with 1.27% for IPPP.

Which ETF pays a higher dividend yield, IPPP or EVPF?

EVPF has the higher dividend yield at 1.08%, compared with 0.00% for IPPP.

What is the main difference between IPPP and EVPF?

They also come from different issuers: Innovative Portfolios and Eaton Vance. Their fees differ too: 1.27% for IPPP and 0.39% for EVPF.