XV vs. IPDP

Last updated Jun 4, 2026

XV (Simplify Target 15 Distribution ETF) and IPDP (Dividend Performers ETF) are both Derivative Income funds. Both are actively managed. XV charges 0.75%/yr vs 1.52%/yr for IPDP.

Performance

XV vs. IPDP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Target 15 Distribution ETF (XV) and Dividend Performers ETF (IPDP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XV

• 1D: -0.40%
• 1M: 1.21%
• YTD: 3.17%
• 6M: 2.76%
• 1Y: 13.08%
• 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)

XV vs. IPDP - Yearly Performance Comparison

	2026 (YTD)
XV Simplify Target 15 Distribution ETF	2.77%
IPDP Dividend Performers ETF	0.00%

XV vs. IPDP - Sectors Allocation Comparison

Sectors	XV	IPDP
Financial Services	78.4%	18.6%
Technology	33.1%	13.1%
Communication Services	10.7%	-
Consumer Cyclical	10.1%	3.6%
Healthcare	9.8%	13.6%
Industrials	8.7%	45.1%
Consumer Defensive	5.4%	3.9%
Energy	3.5%	-
Utilities	2.5%	-
Real Estate	2.0%	-
Basic Materials	1.9%	1.5%

Return for Risk

XV vs. IPDP — Risk / Return Rank

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

XV

XV Risk / Return Rank: 44
XV Sharpe Ratio Rank: 40
XV Sortino Ratio Rank: 41
XV Omega Ratio Rank: 39
XV Calmar Ratio Rank: 46
XV Martin Ratio Rank: 52

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.

XV vs. IPDP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Target 15 Distribution ETF (XV) 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.

	XV	IPDP	Difference
Sharpe ratio: Return per unit of total volatility	1.42	—	—
Sortino ratio: Return per unit of downside risk	2.09	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	2.29	—	—
Martin ratio: Return relative to average drawdown	8.72	—	—
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

	XV	IPDP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.62	—	—

Drawdowns

XV vs. IPDP - Drawdown Comparison

The maximum XV drawdown since its inception was -5.73%, which is greater than IPDP's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for XV and IPDP.

Drawdown Indicators

	XV	IPDP	Difference
Max Drawdown Largest peak-to-trough decline	-5.73%	0.00%	-5.73%
Max Drawdown (1Y) Largest decline over 1 year	-5.73%	—	—
Current Drawdown Current decline from peak	-0.42%	0.00%	-0.42%
Average Drawdown Average peak-to-trough decline	-0.98%	0.00%	-0.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.50%	—	—

Volatility

Volatility by Period

	XV	IPDP	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.31%	0.00%	+9.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.77%	0.00%	+10.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.77%	0.00%	+10.77%

XV vs. IPDP - Expense Ratio Comparison

XV has a 0.75% expense ratio, which is lower than IPDP's 1.52% expense ratio.

Dividends

XV vs. IPDP - Dividend Comparison

XV's dividend yield for the trailing twelve months is around 19.22%, while IPDP has not paid dividends to shareholders.

Position	TTM	2025
IPDP Dividend Performers ETF	0.00%	0.00%
XV Simplify Target 15 Distribution ETF	19.22%	13.87%

Frequently Asked Questions

Which ETF is better, XV or IPDP?

On fees, XV is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XV or IPDP?

XV is cheaper with a 0.75% expense ratio, compared with 1.52% for IPDP.

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

XV has the higher dividend yield at 19.22%, compared with 0.00% for IPDP.

What is the main difference between XV and IPDP?

They also come from different issuers: Simplify and Innovative Portfolios. Their fees differ too: 0.75% for XV and 1.52% for IPDP.