SLTY vs. IPDP

Last updated Jun 4, 2026

SLTY (YieldMax Ultra Short Option Income Strategy ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. SLTY charges 1.24%/yr vs 1.52%/yr for IPDP.

Performance

SLTY vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Ultra Short Option Income Strategy ETF (SLTY) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SLTY

• 1D: 0.65%
• 1M: -1.73%
• YTD: -6.01%
• 6M: -5.54%
• 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)

SLTY vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
SLTY YieldMax Ultra Short Option Income Strategy ETF	2.89%
IPDP Dividend Performers ETF	0.00%

Return for Risk

SLTY vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Ultra Short Option Income Strategy ETF (SLTY) 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

	SLTY	IPDP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.19	—	—

Drawdowns

SLTY vs. IPDP - Drawdown Comparison

The maximum SLTY drawdown since its inception was -20.88%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SLTY and IPDP.

Drawdown Indicators

	SLTY	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-20.88%	0.00%	-20.88%
Current Drawdown Current decline from peak	-17.45%	0.00%	-17.45%
Average Drawdown Average peak-to-trough decline	-13.72%	0.00%	-13.72%

Volatility

Volatility by Period

	SLTY	IPDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.42%	0.00%	+18.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.42%	0.00%	+18.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.42%	0.00%	+18.42%

SLTY vs. IPDP - Expense Ratio Comparison

SLTY has a 1.24% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

SLTY vs. IPDP - Dividend Comparison

SLTY's dividend yield for the trailing twelve months is around 74.24%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025
IPDP Dividend Performers ETF	0.00%	0.00%
SLTY YieldMax Ultra Short Option Income Strategy ETF	74.24%	29.68%

Frequently Asked Questions

Which ETF is better, SLTY or IPDP?

On fees, SLTY is cheaper at 1.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SLTY or IPDP?

SLTY is cheaper with a 1.24% expense ratio, compared with 1.52% for IPDP.

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

SLTY has the higher dividend yield at 74.24%, compared with 0.00% for IPDP.

What is the main difference between SLTY and IPDP?

They also come from different issuers: YieldMax and Innovative Portfolios. Their fees differ too: 1.24% for SLTY and 1.52% for IPDP.