QLDY vs. IPDP

Last updated Apr 2, 2026

Compare and contrast key facts about Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) and Dividend Performers ETF (IPDP).

QLDY and IPDP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QLDY is an actively managed fund by Defiance. It was launched on Sep 17, 2025. IPDP is an actively managed fund by Innovative Portfolios. It was launched on Dec 24, 2018.

Performance

QLDY vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

QLDY vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
QLDY Defiance Nasdaq 100 LightningSpread Income ETF	-6.93%
IPDP Dividend Performers ETF	0.00%

Returns By Period

QLDY

• 1D: 1.52%
• 1M: -6.07%
• YTD: -9.50%
• 6M: -9.60%
• 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)

QLDY vs. IPDP - Expense Ratio Comparison

QLDY has a 1.04% expense ratio, which is lower than IPDP's 1.52% expense ratio.

IPDP

Dividend Performers ETF

QLDY

Defiance Nasdaq 100 LightningSpread Income ETF

Return for Risk

QLDY vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) 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

	QLDY	IPDP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.75	—	—

Dividends

QLDY vs. IPDP - Dividend Comparison

QLDY's dividend yield for the trailing twelve months is around 19.76%, while IPDP has not paid dividends to shareholders.

	TTM	2025
QLDY Defiance Nasdaq 100 LightningSpread Income ETF	19.76%	9.34%
IPDP Dividend Performers ETF	0.00%	0.00%

Drawdowns

QLDY vs. IPDP - Drawdown Comparison

The maximum QLDY drawdown since its inception was -17.44%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for QLDY and IPDP.

Drawdown Indicators

	QLDY	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-17.44%	0.00%	-17.44%
Current Drawdown Current decline from peak	-13.33%	0.00%	-13.33%
Average Drawdown Average peak-to-trough decline	-4.81%	0.00%	-4.81%

Volatility

Volatility by Period

	QLDY	IPDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.69%	0.00%	+19.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.69%	0.00%	+19.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.69%	0.00%	+19.69%