WEEL vs. IPDP

Last updated Apr 1, 2026

Compare and contrast key facts about Peerless Option Income Wheel ETF (WEEL) and Dividend Performers ETF (IPDP).

WEEL and IPDP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WEEL is an actively managed fund by Peerless ETFs. It was launched on May 15, 2024. IPDP is an actively managed fund by Innovative Portfolios. It was launched on Dec 24, 2018.

Performance

WEEL vs. IPDP - Performance Comparison

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

WEEL vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
WEEL Peerless Option Income Wheel ETF	-0.10%
IPDP Dividend Performers ETF	0.00%

Returns By Period

WEEL

• 1D: 2.27%
• 1M: -1.84%
• YTD: -0.20%
• 6M: 3.81%
• 1Y: 18.86%
• 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)

WEEL vs. IPDP - Expense Ratio Comparison

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

IPDP

Dividend Performers ETF

WEEL

Peerless Option Income Wheel ETF

Return for Risk

WEEL vs. IPDP — Risk / Return Rank

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

WEEL

WEEL Risk / Return Rank: 72
WEEL Sharpe Ratio Rank: 68
WEEL Sortino Ratio Rank: 72
WEEL Omega Ratio Rank: 84
WEEL Calmar Ratio Rank: 57
WEEL Martin Ratio Rank: 81

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.

WEEL vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Peerless Option Income Wheel ETF (WEEL) 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.

	WEEL	IPDP	Difference
Sharpe ratio Return per unit of total volatility	1.21	—	—
Sortino ratio Return per unit of downside risk	1.84	—	—
Omega ratio Gain probability vs. loss probability	1.33	—	—
Calmar ratio Return relative to maximum drawdown	1.46	—	—
Martin ratio Return relative to average drawdown	9.14	—	—
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

	WEEL	IPDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.21	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	—	—

Dividends

WEEL vs. IPDP - Dividend Comparison

WEEL's dividend yield for the trailing twelve months is around 13.14%, while IPDP has not paid dividends to shareholders.

	TTM	2025	2024
WEEL Peerless Option Income Wheel ETF	13.14%	12.72%	6.88%
IPDP Dividend Performers ETF	0.00%	0.00%	0.00%

Drawdowns

WEEL vs. IPDP - Drawdown Comparison

The maximum WEEL drawdown since its inception was -17.45%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for WEEL and IPDP.

Drawdown Indicators

	WEEL	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-17.45%	0.00%	-17.45%
Max Drawdown (1Y) Largest decline over 1 year	-12.87%	—	—
Current Drawdown Current decline from peak	-2.44%	0.00%	-2.44%
Average Drawdown Average peak-to-trough decline	-1.54%	0.00%	-1.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	—	—

Volatility

Volatility by Period

	WEEL	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.97%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.60%	0.00%	+15.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.25%	0.00%	+13.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.25%	0.00%	+13.25%