SDVD vs. IPDP

Last updated Jun 4, 2026

SDVD (FT Vest SMID Rising Dividend Achievers Target Income ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. SDVD is passively managed, while IPDP is actively managed. SDVD charges 0.85%/yr vs 1.52%/yr for IPDP.

Performance

SDVD vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SDVD

• 1D: -0.22%
• 1M: -1.53%
• YTD: 7.75%
• 6M: 8.14%
• 1Y: 19.64%
• 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)

SDVD vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF	-2.35%
IPDP Dividend Performers ETF	0.00%

Return for Risk

SDVD vs. IPDP — Risk / Return Rank

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

SDVD

SDVD Risk / Return Rank: 43
SDVD Sharpe Ratio Rank: 39
SDVD Sortino Ratio Rank: 43
SDVD Omega Ratio Rank: 38
SDVD Calmar Ratio Rank: 47
SDVD Martin Ratio Rank: 47

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.

SDVD vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) 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.

	SDVD	IPDP	Difference
Sharpe ratio: Return per unit of total volatility	1.38	—	—
Sortino ratio: Return per unit of downside risk	2.13	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	2.25	—	—
Martin ratio: Return relative to average drawdown	7.65	—	—
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

	SDVD	IPDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	—	—

Drawdowns

SDVD vs. IPDP - Drawdown Comparison

The maximum SDVD drawdown since its inception was -24.17%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SDVD and IPDP.

Drawdown Indicators

	SDVD	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-24.17%	0.00%	-24.17%
Max Drawdown (1Y) Largest decline over 1 year	-8.76%	—	—
Current Drawdown Current decline from peak	-3.31%	0.00%	-3.31%
Average Drawdown Average peak-to-trough decline	-4.86%	0.00%	-4.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	—	—

Volatility

Volatility by Period

	SDVD	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.31%	0.00%	+14.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.19%	0.00%	+18.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.19%	0.00%	+18.19%

SDVD vs. IPDP - Expense Ratio Comparison

SDVD has a 0.85% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

SDVD vs. IPDP - Dividend Comparison

SDVD's dividend yield for the trailing twelve months is around 8.95%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%	0.00%
SDVD FT Vest SMID Rising Dividend Achievers Target Income ETF	8.95%	8.36%	9.26%	3.18%

Frequently Asked Questions

Which ETF is better, SDVD or IPDP?

On fees, SDVD is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SDVD or IPDP?

SDVD is cheaper with a 0.85% expense ratio, compared with 1.52% for IPDP.

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

SDVD has the higher dividend yield at 8.95%, compared with 0.00% for IPDP.

What is the main difference between SDVD and IPDP?

They also come from different issuers: First Trust and Innovative Portfolios. Their fees differ too: 0.85% for SDVD and 1.52% for IPDP.