WDTE vs. IPDP

Last updated Jun 4, 2026

WDTE (Defiance S&P 500 Enhanced Options & 0DTE Income ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. WDTE charges 1.01%/yr vs 1.52%/yr for IPDP.

Performance

WDTE vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance S&P 500 Enhanced Options & 0DTE Income ETF (WDTE) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WDTE

• 1D: -0.53%
• 1M: 4.43%
• YTD: 10.59%
• 6M: 11.04%
• 1Y: 24.07%
• 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)

WDTE vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
WDTE Defiance S&P 500 Enhanced Options & 0DTE Income ETF	8.78%
IPDP Dividend Performers ETF	0.00%

WDTE vs. IPDP - Sectors Allocation Comparison

Sectors	WDTE	IPDP
Technology	35.6%	13.1%
Financial Services	11.8%	18.6%
Communication Services	11.2%	-
Consumer Cyclical	10.1%	3.6%
Healthcare	8.5%	13.6%
Industrials	8.3%	45.1%
Consumer Defensive	4.9%	3.9%
Energy	3.5%	-
Utilities	2.4%	-
Real Estate	1.9%	-
Basic Materials	1.8%	1.5%

Return for Risk

WDTE vs. IPDP — Risk / Return Rank

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

WDTE

WDTE Risk / Return Rank: 71
WDTE Sharpe Ratio Rank: 71
WDTE Sortino Ratio Rank: 65
WDTE Omega Ratio Rank: 76
WDTE Calmar Ratio Rank: 63
WDTE Martin Ratio Rank: 79

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.

WDTE vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance S&P 500 Enhanced Options & 0DTE Income ETF (WDTE) 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.

	WDTE	IPDP	Difference
Sharpe ratio: Return per unit of total volatility	2.35	—	—
Sortino ratio: Return per unit of downside risk	3.06	—	—
Omega ratio: Gain probability vs. loss probability	1.46	—	—
Calmar ratio: Return relative to maximum drawdown	3.16	—	—
Martin ratio: Return relative to average drawdown	15.52	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	WDTE	IPDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	—	—

Drawdowns

WDTE vs. IPDP - Drawdown Comparison

The maximum WDTE drawdown since its inception was -15.85%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for WDTE and IPDP.

Drawdown Indicators

	WDTE	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-15.85%	0.00%	-15.85%
Max Drawdown (1Y) Largest decline over 1 year	-7.65%	—	—
Current Drawdown Current decline from peak	-0.53%	0.00%	-0.53%
Average Drawdown Average peak-to-trough decline	-1.82%	0.00%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.55%	—	—

Volatility

Volatility by Period

	WDTE	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.37%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.28%	0.00%	+10.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.34%	0.00%	+11.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.34%	0.00%	+11.34%

WDTE vs. IPDP - Expense Ratio Comparison

WDTE has a 1.01% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

WDTE vs. IPDP - Dividend Comparison

WDTE's dividend yield for the trailing twelve months is around 31.86%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%	0.00%
WDTE Defiance S&P 500 Enhanced Options & 0DTE Income ETF	31.86%	35.78%	51.80%	16.41%

Frequently Asked Questions

Which ETF is better, WDTE or IPDP?

On fees, WDTE is cheaper at 1.01% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WDTE or IPDP?

WDTE is cheaper with a 1.01% expense ratio, compared with 1.52% for IPDP.

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

WDTE has the higher dividend yield at 31.86%, compared with 0.00% for IPDP.

What is the main difference between WDTE and IPDP?

They also come from different issuers: Defiance and Innovative Portfolios. Their fees differ too: 1.01% for WDTE and 1.52% for IPDP.