SDTY vs. IPDP

Last updated Jun 4, 2026

SDTY (YieldMax S&P 500 0DTE Covered Call Strategy ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. SDTY charges 1.01%/yr vs 1.52%/yr for IPDP.

Performance

SDTY vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SDTY

• 1D: -0.51%
• 1M: 4.38%
• YTD: 8.45%
• 6M: 8.89%
• 1Y: 25.63%
• 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)

SDTY vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
SDTY YieldMax S&P 500 0DTE Covered Call Strategy ETF	7.01%
IPDP Dividend Performers ETF	0.00%

SDTY vs. IPDP - Sectors Allocation Comparison

Sectors	SDTY	IPDP
Technology	35.6%	13.1%
Financial Services	11.8%	18.6%
Communication Services	11.2%	-
Consumer Cyclical	10.1%	3.6%
Healthcare	8.5%	13.6%
Industrials	8.3%	45.1%
Consumer Defensive	4.9%	3.9%
Energy	3.5%	-
Utilities	2.4%	-
Real Estate	1.9%	-
Basic Materials	1.8%	1.5%

Return for Risk

SDTY vs. IPDP — Risk / Return Rank

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

SDTY

SDTY Risk / Return Rank: 70
SDTY Sharpe Ratio Rank: 71
SDTY Sortino Ratio Rank: 70
SDTY Omega Ratio Rank: 72
SDTY Calmar Ratio Rank: 64
SDTY Martin Ratio Rank: 72

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.

SDTY vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY) 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.

	SDTY	IPDP	Difference
Sharpe ratio: Return per unit of total volatility	2.34	—	—
Sortino ratio: Return per unit of downside risk	3.21	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	3.21	—	—
Martin ratio: Return relative to average drawdown	13.58	—	—
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

	SDTY	IPDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.34	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	—	—

Drawdowns

SDTY vs. IPDP - Drawdown Comparison

The maximum SDTY drawdown since its inception was -18.63%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SDTY and IPDP.

Drawdown Indicators

	SDTY	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-18.63%	0.00%	-18.63%
Max Drawdown (1Y) Largest decline over 1 year	-8.02%	—	—
Current Drawdown Current decline from peak	-0.62%	0.00%	-0.62%
Average Drawdown Average peak-to-trough decline	-3.02%	0.00%	-3.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	—	—

Volatility

Volatility by Period

	SDTY	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.39%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.00%	0.00%	+11.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.79%	0.00%	+16.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.79%	0.00%	+16.79%

SDTY vs. IPDP - Expense Ratio Comparison

SDTY has a 1.01% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

SDTY vs. IPDP - Dividend Comparison

SDTY's dividend yield for the trailing twelve months is around 25.97%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025
IPDP Dividend Performers ETF	0.00%	0.00%
SDTY YieldMax S&P 500 0DTE Covered Call Strategy ETF	25.97%	22.00%

Frequently Asked Questions

Which ETF is better, SDTY or IPDP?

On fees, SDTY is cheaper at 1.01% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SDTY or IPDP?

SDTY is cheaper with a 1.01% expense ratio, compared with 1.52% for IPDP.

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

SDTY has the higher dividend yield at 25.97%, compared with 0.00% for IPDP.

What is the main difference between SDTY and IPDP?

They also come from different issuers: YieldMax and Innovative Portfolios. Their fees differ too: 1.01% for SDTY and 1.52% for IPDP.