MSST vs. IPDP

Last updated Aug 4, 2026

MSST (YieldMax MSTR Performance & Distribution Target 25 ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. MSST charges 0.99%/yr vs 1.52%/yr for IPDP.

Performance

MSST vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax MSTR Performance & Distribution Target 25 ETF (MSST) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MSST

• 1D: 2.21%
• 1M: -2.15%
• 6M: -31.56%
• YTD: -35.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

IPDP

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
MSST YieldMax MSTR Performance & Distribution Target 25 ETF	$41.31K	$30.03K	$53.26K

MSST vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
MSST YieldMax MSTR Performance & Distribution Target 25 ETF	-10.86%
IPDP Dividend Performers ETF	0.00%

Return for Risk

MSST vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax MSTR Performance & Distribution Target 25 ETF (MSST) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Drawdown Indicators

	MSST	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-58.68%	—	—
Current Drawdown Current decline from peak	-51.18%	—	—
Average Drawdown Average peak-to-trough decline	-28.63%	—	—

Volatility

Volatility by Period

	MSST	IPDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	72.81%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.81%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.81%	—	—

MSST vs. IPDP - Expense Ratio Comparison

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

Dividends

MSST vs. IPDP - Dividend Comparison

MSST's dividend yield for the trailing twelve months is around 26.98%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025
IPDP Dividend Performers ETF	0.00%	0.00%
MSST YieldMax MSTR Performance & Distribution Target 25 ETF	26.98%	2.71%

Frequently Asked Questions

Which ETF is better, MSST or IPDP?

On fees, MSST 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, MSST or IPDP?

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

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

MSST has the higher dividend yield at 26.98%, compared with 0.00% for IPDP.

What is the main difference between MSST and IPDP?

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