TDAQ vs. IPDP

Last updated Jun 4, 2026

TDAQ (TappAlpha Innovation 100 Growth & Daily Income ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. TDAQ charges 0.68%/yr vs 1.52%/yr for IPDP.

Performance

TDAQ vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TDAQ

• 1D: -0.48%
• 1M: 10.56%
• YTD: 20.13%
• 6M: 19.09%
• 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)

TDAQ vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF	21.30%
IPDP Dividend Performers ETF	0.00%

TDAQ vs. IPDP - Sectors Allocation Comparison

Sectors	TDAQ	IPDP
Technology	54.2%	13.1%
Communication Services	15.5%	-
Consumer Cyclical	12.2%	3.6%
Consumer Defensive	7.6%	3.9%
Healthcare	4.2%	13.6%
Industrials	2.8%	45.1%
Utilities	1.4%	-
Basic Materials	1.2%	1.5%
Energy	0.6%	-
Financial Services	0.2%	18.6%
Real Estate	0.1%	-

Return for Risk

TDAQ vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) 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

	TDAQ	IPDP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.55	—	—

Drawdowns

TDAQ vs. IPDP - Drawdown Comparison

The maximum TDAQ drawdown since its inception was -11.31%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for TDAQ and IPDP.

Drawdown Indicators

	TDAQ	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-11.31%	0.00%	-11.31%
Current Drawdown Current decline from peak	-0.48%	0.00%	-0.48%
Average Drawdown Average peak-to-trough decline	-2.25%	0.00%	-2.25%

Volatility

Volatility by Period

	TDAQ	IPDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.14%	0.00%	+17.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.14%	0.00%	+17.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.14%	0.00%	+17.14%

TDAQ vs. IPDP - Expense Ratio Comparison

TDAQ has a 0.68% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

TDAQ vs. IPDP - Dividend Comparison

TDAQ's dividend yield for the trailing twelve months is around 10.10%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025
IPDP Dividend Performers ETF	0.00%	0.00%
TDAQ TappAlpha Innovation 100 Growth & Daily Income ETF	10.10%	4.32%

Frequently Asked Questions

Which ETF is better, TDAQ or IPDP?

On fees, TDAQ is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDAQ or IPDP?

TDAQ is cheaper with a 0.68% expense ratio, compared with 1.52% for IPDP.

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

TDAQ has the higher dividend yield at 10.10%, compared with 0.00% for IPDP.

What is the main difference between TDAQ and IPDP?

They also come from different issuers: TappAlpha and Innovative Portfolios. Their fees differ too: 0.68% for TDAQ and 1.52% for IPDP.