MARO vs. IPDP

Last updated Jun 4, 2026

MARO (YieldMax MARA Option Income Strategy ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. MARO charges 0.99%/yr vs 1.52%/yr for IPDP.

Performance

MARO vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax MARA Option Income Strategy ETF (MARO) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MARO

• 1D: -2.22%
• 1M: 12.47%
• YTD: 27.88%
• 6M: -0.14%
• 1Y: -26.17%
• 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)

MARO vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
MARO YieldMax MARA Option Income Strategy ETF	45.95%
IPDP Dividend Performers ETF	0.00%

Return for Risk

MARO vs. IPDP — Risk / Return Rank

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

MARO

MARO Risk / Return Rank: 5
MARO Sharpe Ratio Rank: 5
MARO Sortino Ratio Rank: 6
MARO Omega Ratio Rank: 6
MARO Calmar Ratio Rank: 5
MARO Martin Ratio Rank: 6

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.

MARO vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax MARA Option Income Strategy ETF (MARO) 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.

	MARO	IPDP	Difference
Sharpe ratio Return per unit of total volatility	-0.43	—	—
Sortino ratio Return per unit of downside risk	-0.27	—	—
Omega ratio Gain probability vs. loss probability	0.97	—	—
Calmar ratio Return relative to maximum drawdown	-0.40	—	—
Martin ratio Return relative to average drawdown	-0.68	—	—
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

	MARO	IPDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.54	—	—

Drawdowns

MARO vs. IPDP - Drawdown Comparison

The maximum MARO drawdown since its inception was -71.75%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for MARO and IPDP.

Drawdown Indicators

	MARO	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-71.75%	0.00%	-71.75%
Max Drawdown (1Y) Largest decline over 1 year	-65.51%	—	—
Current Drawdown Current decline from peak	-51.27%	0.00%	-51.27%
Average Drawdown Average peak-to-trough decline	-41.97%	0.00%	-41.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.58%	—	—

Volatility

Volatility by Period

	MARO	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	46.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	61.49%	0.00%	+61.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.15%	0.00%	+65.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.15%	0.00%	+65.15%

MARO vs. IPDP - Expense Ratio Comparison

MARO has a 0.99% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

MARO vs. IPDP - Dividend Comparison

MARO's dividend yield for the trailing twelve months is around 183.99%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025
IPDP Dividend Performers ETF	0.00%	0.00%
MARO YieldMax MARA Option Income Strategy ETF	183.99%	277.68%

Frequently Asked Questions

Which ETF is better, MARO or IPDP?

On fees, MARO is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MARO or IPDP?

MARO is cheaper with a 0.99% expense ratio, compared with 1.52% for IPDP.

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

MARO has the higher dividend yield at 183.99%, compared with 0.00% for IPDP.

What is the main difference between MARO and IPDP?

They also come from different issuers: YieldMax and Innovative Portfolios. Their fees differ too: 0.99% for MARO and 1.52% for IPDP.