MLPD vs. IPDP

Last updated Jun 4, 2026

MLPD (Global X MLP & Energy Infrastructure Covered Call ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. MLPD is passively managed, while IPDP is actively managed. MLPD charges 0.60%/yr vs 1.52%/yr for IPDP.

Performance

MLPD vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X MLP & Energy Infrastructure Covered Call ETF (MLPD) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MLPD

• 1D: 0.22%
• 1M: -0.32%
• YTD: 5.20%
• 6M: 6.70%
• 1Y: 15.24%
• 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)

MLPD vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
MLPD Global X MLP & Energy Infrastructure Covered Call ETF	2.84%
IPDP Dividend Performers ETF	0.00%

MLPD vs. IPDP - Sectors Allocation Comparison

Sectors	MLPD	IPDP
Energy	100.0%	-
Basic Materials	-	1.5%
Communication Services	-	-
Consumer Cyclical	-	3.6%
Consumer Defensive	-	3.9%
Financial Services	-	18.6%
Healthcare	-	13.6%
Industrials	-	45.1%
Real Estate	-	-
Technology	-	13.1%
Utilities	-	-

Return for Risk

MLPD vs. IPDP — Risk / Return Rank

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

MLPD

MLPD Risk / Return Rank: 62
MLPD Sharpe Ratio Rank: 62
MLPD Sortino Ratio Rank: 59
MLPD Omega Ratio Rank: 64
MLPD Calmar Ratio Rank: 64
MLPD Martin Ratio Rank: 59

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.

MLPD vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MLP & Energy Infrastructure Covered Call ETF (MLPD) 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.

	MLPD	IPDP	Difference
Sharpe ratio: Return per unit of total volatility	2.08	—	—
Sortino ratio: Return per unit of downside risk	2.78	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	3.19	—	—
Martin ratio: Return relative to average drawdown	10.41	—	—
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

	MLPD	IPDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.08	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	—	—

Drawdowns

MLPD vs. IPDP - Drawdown Comparison

The maximum MLPD drawdown since its inception was -12.90%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for MLPD and IPDP.

Drawdown Indicators

	MLPD	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-12.90%	0.00%	-12.90%
Max Drawdown (1Y) Largest decline over 1 year	-4.80%	—	—
Current Drawdown Current decline from peak	-1.77%	0.00%	-1.77%
Average Drawdown Average peak-to-trough decline	-1.12%	0.00%	-1.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.47%	—	—

Volatility

Volatility by Period

	MLPD	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.32%	—	—
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	11.40%	0.00%	+11.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.40%	0.00%	+11.40%

MLPD vs. IPDP - Expense Ratio Comparison

MLPD has a 0.60% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

MLPD vs. IPDP - Dividend Comparison

MLPD's dividend yield for the trailing twelve months is around 13.44%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025	2024
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%
MLPD Global X MLP & Energy Infrastructure Covered Call ETF	13.44%	13.45%	6.68%

Frequently Asked Questions

Which ETF is better, MLPD or IPDP?

On fees, MLPD is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MLPD or IPDP?

MLPD is cheaper with a 0.60% expense ratio, compared with 1.52% for IPDP.

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

MLPD has the higher dividend yield at 13.44%, compared with 0.00% for IPDP.

What is the main difference between MLPD and IPDP?

They also come from different issuers: Global X and Innovative Portfolios. Their fees differ too: 0.60% for MLPD and 1.52% for IPDP.