TOPW vs. IPDP

Last updated Jul 12, 2026

TOPW (Roundhill Top WeeklyPay ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. TOPW is passively managed, while IPDP is actively managed. TOPW charges 0.99%/yr vs 1.52%/yr for IPDP.

Performance

TOPW vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill Top WeeklyPay ETF (TOPW) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TOPW

• 1D: 1.15%
• 1M: 3.06%
• 6M: 0.75%
• YTD: 2.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IPDP

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TOPW vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
TOPW Roundhill Top WeeklyPay ETF	15.79%
IPDP Dividend Performers ETF	0.00%

Return for Risk

TOPW vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill Top WeeklyPay ETF (TOPW) 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.

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

Drawdowns

Drawdown Indicators

	TOPW	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-29.87%	—	—
Current Drawdown Current decline from peak	-14.52%	—	—
Average Drawdown Average peak-to-trough decline	-13.29%	—	—

Volatility

Volatility by Period

	TOPW	IPDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	27.62%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.62%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.62%	—	—

TOPW vs. IPDP - Expense Ratio Comparison

TOPW has a 0.99% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

TOPW vs. IPDP - Dividend Comparison

TOPW's dividend yield for the trailing twelve months is around 46.97%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025
IPDP Dividend Performers ETF	0.00%	0.00%
TOPW Roundhill Top WeeklyPay ETF	46.97%	21.52%

Frequently Asked Questions

Which ETF is better, TOPW or IPDP?

On fees, TOPW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TOPW or IPDP?

TOPW is cheaper with a 0.99% expense ratio, compared with 1.52% for IPDP.

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

TOPW has the higher dividend yield at 46.97%, compared with 0.00% for IPDP.

What is the main difference between TOPW and IPDP?

They also come from different issuers: Roundhill Investments and Innovative Portfolios. Their fees differ too: 0.99% for TOPW and 1.52% for IPDP.