MSTW vs. IPDP

Last updated Jun 3, 2026

MSTW (Roundhill MSTR WeeklyPay ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. MSTW charges 0.99%/yr vs 1.52%/yr for IPDP.

Performance

MSTW vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill MSTR WeeklyPay ETF (MSTW) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MSTW

• 1D: -10.09%
• 1M: -27.42%
• YTD: -16.42%
• 6M: -33.03%
• 1Y: —
• 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)

MSTW vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
MSTW Roundhill MSTR WeeklyPay ETF	-2.82%
IPDP Dividend Performers ETF	0.00%

Return for Risk

MSTW vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill MSTR WeeklyPay ETF (MSTW) 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.

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

Sharpe Ratios by Period

	MSTW	IPDP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.92	—	—

Drawdowns

MSTW vs. IPDP - Drawdown Comparison

The maximum MSTW drawdown since its inception was -81.85%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for MSTW and IPDP.

Drawdown Indicators

	MSTW	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-81.85%	0.00%	-81.85%
Current Drawdown Current decline from peak	-76.11%	0.00%	-76.11%
Average Drawdown Average peak-to-trough decline	-54.38%	0.00%	-54.38%

Volatility

Volatility by Period

	MSTW	IPDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	88.79%	0.00%	+88.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	88.79%	0.00%	+88.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	88.79%	0.00%	+88.79%

MSTW vs. IPDP - Expense Ratio Comparison

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

Dividends

MSTW vs. IPDP - Dividend Comparison

MSTW's dividend yield for the trailing twelve months is around 219.17%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025
IPDP Dividend Performers ETF	0.00%	0.00%
MSTW Roundhill MSTR WeeklyPay ETF	219.17%	106.94%

Frequently Asked Questions

Which ETF is better, MSTW or IPDP?

On fees, MSTW 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, MSTW or IPDP?

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

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

MSTW has the higher dividend yield at 219.17%, compared with 0.00% for IPDP.

What is the main difference between MSTW and IPDP?

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