XSPI vs. IPDP

Last updated Jun 4, 2026

XSPI (NEOS Boosted S&P 500 High Income ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. XSPI is passively managed, while IPDP is actively managed. XSPI charges 0.98%/yr vs 1.52%/yr for IPDP.

Performance

XSPI vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Boosted S&P 500 High Income ETF (XSPI) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XSPI

• 1D: -0.89%
• 1M: 5.09%
• YTD: —
• 6M: —
• 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)

XSPI vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
XSPI NEOS Boosted S&P 500 High Income ETF	7.72%
IPDP Dividend Performers ETF	0.00%

Return for Risk

XSPI vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Boosted S&P 500 High Income ETF (XSPI) 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

	XSPI	IPDP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.55	—	—

Drawdowns

XSPI vs. IPDP - Drawdown Comparison

The maximum XSPI drawdown since its inception was -11.59%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for XSPI and IPDP.

Drawdown Indicators

	XSPI	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-11.59%	0.00%	-11.59%
Current Drawdown Current decline from peak	-0.89%	0.00%	-0.89%
Average Drawdown Average peak-to-trough decline	-2.23%	0.00%	-2.23%

Volatility

Volatility by Period

	XSPI	IPDP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.64%	0.00%	+17.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.64%	0.00%	+17.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.64%	0.00%	+17.64%

XSPI vs. IPDP - Expense Ratio Comparison

XSPI has a 0.98% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

XSPI vs. IPDP - Dividend Comparison

XSPI's dividend yield for the trailing twelve months is around 6.83%, while IPDP has not paid dividends to shareholders.

Position	TTM
IPDP Dividend Performers ETF	0.00%
XSPI NEOS Boosted S&P 500 High Income ETF	6.83%

Frequently Asked Questions

Which ETF is better, XSPI or IPDP?

On fees, XSPI is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XSPI or IPDP?

XSPI is cheaper with a 0.98% expense ratio, compared with 1.52% for IPDP.

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

XSPI has the higher dividend yield at 6.83%, compared with 0.00% for IPDP.

What is the main difference between XSPI and IPDP?

They also come from different issuers: NEOS Investments and Innovative Portfolios. Their fees differ too: 0.98% for XSPI and 1.52% for IPDP.