WPAY vs. IPDP

Last updated Apr 1, 2026

Compare and contrast key facts about Roundhill WeeklyPay™ Universe ETF (WPAY) and Dividend Performers ETF (IPDP).

WPAY and IPDP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WPAY is a passively managed fund by Roundhill that tracks the performance of the Solactive Roundhill WeeklyPay™ Universe Index. It was launched on Sep 3, 2025. IPDP is an actively managed fund by Innovative Portfolios. It was launched on Dec 24, 2018.

Performance

WPAY vs. IPDP - Performance Comparison

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

WPAY vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
WPAY Roundhill WeeklyPay™ Universe ETF	-3.64%
IPDP Dividend Performers ETF	0.00%

Returns By Period

WPAY

• 1D: -1.58%
• 1M: -3.05%
• YTD: -10.65%
• 6M: -19.33%
• 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)

WPAY vs. IPDP - Expense Ratio Comparison

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

IPDP

Dividend Performers ETF

WPAY

Roundhill WeeklyPay™ Universe ETF

Return for Risk

WPAY vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill WeeklyPay™ Universe ETF (WPAY) 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

	WPAY	IPDP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.78	—	—

Dividends

WPAY vs. IPDP - Dividend Comparison

WPAY's dividend yield for the trailing twelve months is around 36.55%, while IPDP has not paid dividends to shareholders.

	TTM	2025
WPAY Roundhill WeeklyPay™ Universe ETF	36.55%	21.51%
IPDP Dividend Performers ETF	0.00%	0.00%

Drawdowns

WPAY vs. IPDP - Drawdown Comparison

The maximum WPAY drawdown since its inception was -26.17%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for WPAY and IPDP.

Drawdown Indicators

	WPAY	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-26.17%	0.00%	-26.17%
Current Drawdown Current decline from peak	-25.35%	0.00%	-25.35%
Average Drawdown Average peak-to-trough decline	-11.92%	0.00%	-11.92%

Volatility

Volatility by Period

	WPAY	IPDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	28.83%	0.00%	+28.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.83%	0.00%	+28.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.83%	0.00%	+28.83%