IVVW vs. IPDP

Last updated Jun 4, 2026

IVVW (iShares S&P 500 BuyWrite ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. IVVW is passively managed, while IPDP is actively managed. IVVW charges 0.25%/yr vs 1.52%/yr for IPDP.

Performance

IVVW vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P 500 BuyWrite ETF (IVVW) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IVVW

• 1D: -0.02%
• 1M: 1.90%
• YTD: 4.84%
• 6M: 6.58%
• 1Y: 20.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IPDP

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

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

IVVW vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
IVVW iShares S&P 500 BuyWrite ETF	3.67%
IPDP Dividend Performers ETF	0.00%

IVVW vs. IPDP - Sectors Allocation Comparison

Sectors	IVVW	IPDP
Technology	35.6%	13.1%
Financial Services	11.8%	18.6%
Communication Services	11.2%	-
Consumer Cyclical	10.1%	3.6%
Healthcare	8.5%	13.6%
Industrials	8.3%	45.1%
Consumer Defensive	4.9%	3.9%
Energy	3.5%	-
Utilities	2.4%	-
Real Estate	1.9%	-
Basic Materials	1.8%	1.5%

Return for Risk

IVVW vs. IPDP — Risk / Return Rank

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

IVVW

IVVW Risk / Return Rank: 82
IVVW Sharpe Ratio Rank: 82
IVVW Sortino Ratio Rank: 83
IVVW Omega Ratio Rank: 91
IVVW Calmar Ratio Rank: 69
IVVW Martin Ratio Rank: 87

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.

IVVW vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 BuyWrite ETF (IVVW) and Dividend Performers ETF (IPDP). 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.

	IVVW	IPDP	Difference
Sharpe ratio: Return per unit of total volatility	2.73	—	—
Sortino ratio: Return per unit of downside risk	3.77	—	—
Omega ratio: Gain probability vs. loss probability	1.61	—	—
Calmar ratio: Return relative to maximum drawdown	3.47	—	—
Martin ratio: Return relative to average drawdown	19.13	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IVVW	IPDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.07	—	—

Drawdowns

IVVW vs. IPDP - Drawdown Comparison

The maximum IVVW drawdown since its inception was -16.79%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for IVVW and IPDP.

Drawdown Indicators

	IVVW	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-16.79%	0.00%	-16.79%
Max Drawdown (1Y) Largest decline over 1 year	-5.81%	—	—
Current Drawdown Current decline from peak	-0.09%	0.00%	-0.09%
Average Drawdown Average peak-to-trough decline	-1.75%	0.00%	-1.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.05%	—	—

Volatility

Volatility by Period

	IVVW	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.07%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.40%	0.00%	+7.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.66%	0.00%	+12.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.66%	0.00%	+12.66%

IVVW vs. IPDP - Expense Ratio Comparison

IVVW has a 0.25% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

IVVW vs. IPDP - Dividend Comparison

IVVW's dividend yield for the trailing twelve months is around 19.70%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025	2024
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%
IVVW iShares S&P 500 BuyWrite ETF	19.70%	18.55%	13.72%

Frequently Asked Questions

Which ETF is better, IVVW or IPDP?

On fees, IVVW is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IVVW or IPDP?

IVVW is cheaper with a 0.25% expense ratio, compared with 1.52% for IPDP.

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

IVVW has the higher dividend yield at 19.70%, compared with 0.00% for IPDP.

What is the main difference between IVVW and IPDP?

They also come from different issuers: iShares and Innovative Portfolios. Their fees differ too: 0.25% for IVVW and 1.52% for IPDP.