ULTI vs. IPDP

Last updated Jun 4, 2026

ULTI (REX IncomeMax Option Strategy ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. ULTI charges 1.25%/yr vs 1.52%/yr for IPDP.

Performance

ULTI vs. IPDP - Performance Comparison

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

Returns By Period

ULTI

• 1D: -3.05%
• 1M: 12.53%
• YTD: 43.46%
• 6M: 22.97%
• 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)

ULTI vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
ULTI REX IncomeMax Option Strategy ETF	36.01%
IPDP Dividend Performers ETF	0.00%

Return for Risk

ULTI vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX IncomeMax Option Strategy ETF (ULTI) 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

	ULTI	IPDP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.31	—	—

Drawdowns

ULTI vs. IPDP - Drawdown Comparison

The maximum ULTI drawdown since its inception was -41.74%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for ULTI and IPDP.

Drawdown Indicators

	ULTI	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-41.74%	0.00%	-41.74%
Current Drawdown Current decline from peak	-11.50%	0.00%	-11.50%
Average Drawdown Average peak-to-trough decline	-28.13%	0.00%	-28.13%

Volatility

Volatility by Period

	ULTI	IPDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	62.43%	0.00%	+62.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.43%	0.00%	+62.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.43%	0.00%	+62.43%

ULTI vs. IPDP - Expense Ratio Comparison

ULTI has a 1.25% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

ULTI vs. IPDP - Dividend Comparison

ULTI's dividend yield for the trailing twelve months is around 42.53%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025
IPDP Dividend Performers ETF	0.00%	0.00%
ULTI REX IncomeMax Option Strategy ETF	42.53%	14.96%

Frequently Asked Questions

Which ETF is better, ULTI or IPDP?

On fees, ULTI is cheaper at 1.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ULTI or IPDP?

ULTI is cheaper with a 1.25% expense ratio, compared with 1.52% for IPDP.

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

ULTI has the higher dividend yield at 42.53%, compared with 0.00% for IPDP.

What is the main difference between ULTI and IPDP?

They also come from different issuers: REX Shares and Innovative Portfolios. Their fees differ too: 1.25% for ULTI and 1.52% for IPDP.