Is IPOAX or FCPT a better dividend investment in 2026?

IPOAX currently yields 9.80% with a 5% 5-year dividend growth rate. FCPT yields 6.05% with 5% growth. The better choice depends on your goal: IPOAX offers higher current income.

What is the dividend yield difference between IPOAX and FCPT?

IPOAX has a forward dividend yield of 9.80% ($2.12/share annually). FCPT yields 6.05% ($1.43/share annually). The yield gap is 3.75 percentage points.

Home › Compare › IPOAX vs FCPT

IPOAX vs FCPT: Dividend Comparison 2026

IPOAX yields 9.80% · FCPT yields 6.05%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 FCPT wins by $10.8K in total portfolio value· pulled ahead in Year 6

INVESTMENT

TIME HORIZON10 years

IPOAX

● Live price

9.80%

Share price

$21.62

Annual div

$2.12

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$38.2K

Annual income

$1,813.89

Full IPOAX calculator →

FCPT

● Live price

6.05%

Share price

$23.65

Annual div

$1.43

5Y div CAGR

15.8%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$49.1K

Annual income

$5,775.28

Full FCPT calculator →

Portfolio growth — IPOAX vs FCPT

📍 FCPT pulled ahead of the other in Year 6

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis Period	IPOAX	FCPT
2008–2009 GFC	— No data	— No data
2020 Q1–Q2 COVID	— No data	— No data
2022 Q4 Rate Hike	— No data	— No data

Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.

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Dividend Calendar Overlap

Combined, IPOAX + FCPT cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

IPOAX pays

FCPT pays

Both pay

Neither

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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

IPOAX

Annual income on $10K today (after 15% tax)

$832.69/yr

After 10yr DRIP, annual income (after tax)

$1,541.81/yr

FCPT

Annual income on $10K today (after 15% tax)

$514.49/yr

After 10yr DRIP, annual income (after tax)

$4,908.99/yr

At 15% tax rate, FCPT beats the other by $3,367.18/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

What's the optimal mix of IPOAX + FCPT for your $10,000?

IPOAX: 50%FCPT: 50%

100% FCPT50/50100% IPOAX

Portfolio after 10yr

$43.7K

Annual income

$3,794.58/yr

Blended yield

8.69%

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Analyst Conviction Gap

Where Wall Street is most bullish on FCPT right now

IPOAX

No analyst data

FCPT

Analyst Ratings

Buy

Hold

Consensus: Hold

Price Target

$27.00

+14.2% upside vs current

Range: $25.00 — $29.00

Altman Z

1.4

Piotroski

6/9

Analyst ratings via FMP. Altman Z-Score: >3.0 safe, 1.81–3.0 grey zone, <1.81 distress. Piotroski: 7–9 strong, 0–3 weak.

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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

IPOAX buys

FCPT buys

No recent congressional trades found for IPOAX or FCPT in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricIPOAXFCPT

Forward yield	9.80% ✓	6.05%
Annual dividend / share	$2.12 ✓	$1.43
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	15.8% ✓
Portfolio after 10y	$38.2K	$49.1K ✓
Annual income after 10y	$1,813.89	$5,775.28 ✓
Total dividends collected	$14.0K	$24.1K ✓
Payment frequency	quarterly	quarterly
Sector	Stock	REIT

Year-by-year: IPOAX vs FCPT ($10,000, DRIP)

Year	IPOAX Portfolio	IPOAX Income/yr	FCPT Portfolio	FCPT Income/yr	Gap
1	$11,680	$979.64	$11,401	$700.92	+$279.00 → IPOAX
2	$13,567	$1,069.33	$13,064	$864.84	+$503.00 → IPOAX
3	$15,677	$1,160.83	$15,051	$1,072.48	+$626.00 → IPOAX
4	$18,028	$1,253.66	$17,442	$1,337.22	+$586.00 → IPOAX
5	$20,637	$1,347.35	$20,340	$1,677.08	+$297.00 → IPOAX
6← crossover	$23,523	$1,441.46	$23,880	$2,116.57	$357.00 → FCPT
7	$26,706	$1,535.55	$28,241	$2,689.36	$1.5K → FCPT
8	$30,204	$1,629.23	$33,660	$3,442.07	$3.5K → FCPT
9	$34,041	$1,722.12	$40,456	$4,439.95	$6.4K → FCPT
10	$38,237	$1,813.89	$49,063	$5,775.28	$10.8K → FCPT

IPOAX vs FCPT: Complete Analysis 2026

IPOAX — Stock

The fund invests, under normal circumstances, at least 80% of its net assets in equity securities, primarily common stock, of companies (i) from countries considered to be emerging market countries or (ii) that are economically linked to emerging market countries. It may invest up to 100% of its total assets in foreign securities and may invest in depositary receipts of foreign issuers. The fund also may invest up to 20% of its net assets in companies that are not located in, or economically linked to, emerging market countries.

Full IPOAX Calculator →

FCPT — REIT

FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries.

Full FCPT Calculator →

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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.