TLTI vs. IPDP

Last updated Jun 25, 2026

TLTI (NEOS Enhanced Income 20+ Year Treasury Bond ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. TLTI charges 0.58%/yr vs 1.52%/yr for IPDP.

Performance

TLTI vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Enhanced Income 20+ Year Treasury Bond ETF (TLTI) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TLTI

• 1D: 1.22%
• 1M: 3.49%
• YTD: 3.05%
• 6M: 2.06%
• 1Y: 5.98%
• 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)

TLTI vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
TLTI NEOS Enhanced Income 20+ Year Treasury Bond ETF	2.47%
IPDP Dividend Performers ETF	0.00%

Return for Risk

TLTI vs. IPDP — Risk / Return Rank

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

TLTI

TLTI Risk / Return Rank: 20
TLTI Sharpe Ratio Rank: 20
TLTI Sortino Ratio Rank: 19
TLTI Omega Ratio Rank: 18
TLTI Calmar Ratio Rank: 21
TLTI Martin Ratio Rank: 20

IPDP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

TLTI vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Enhanced Income 20+ Year Treasury Bond ETF (TLTI) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TLTI	IPDP	Difference
Sharpe ratio: Return per unit of total volatility	0.64	—	—
Sortino ratio: Return per unit of downside risk	0.99	—	—
Omega ratio: Gain probability vs. loss probability	1.11	—	—
Calmar ratio: Return relative to maximum drawdown	0.91	—	—
Martin ratio: Return relative to average drawdown	2.13	—	—

Drawdowns

TLTI vs. IPDP - Drawdown Comparison

The maximum TLTI drawdown since its inception was -8.70%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for TLTI and IPDP.

Drawdown Indicators

	TLTI	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-8.70%	0.00%	-8.70%
Max Drawdown (1Y) Largest decline over 1 year	-6.60%	—	—
Current Drawdown Current decline from peak	-1.58%	0.00%	-1.58%
Average Drawdown Average peak-to-trough decline	-3.60%	0.00%	-3.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	—	—

Volatility

Volatility by Period

	TLTI	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.57%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.66%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.33%	0.00%	+9.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.13%	0.00%	+11.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.13%	0.00%	+11.13%

TLTI vs. IPDP - Expense Ratio Comparison

TLTI has a 0.58% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

TLTI vs. IPDP - Dividend Comparison

TLTI's dividend yield for the trailing twelve months is around 6.69%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025	2024
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%
TLTI NEOS Enhanced Income 20+ Year Treasury Bond ETF	6.69%	6.33%	0.57%

Frequently Asked Questions

Which ETF is better, TLTI or IPDP?

On fees, TLTI is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TLTI or IPDP?

TLTI is cheaper with a 0.58% expense ratio, compared with 1.52% for IPDP.

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

TLTI has the higher dividend yield at 6.69%, compared with 0.00% for IPDP.

What is the main difference between TLTI and IPDP?

They also come from different issuers: NEOS Investments and Innovative Portfolios. Their fees differ too: 0.58% for TLTI and 1.52% for IPDP.