Amplify CWP Enhanced Dividend Income ETF (DIVO) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DIVO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DIVO
DIVO charges 0.56% annually. There are 45 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 27.28M | Nov 2024 | DIVO vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | DIVO vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | DIVO vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | DIVO vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 749.48M | Jul 2024 | DIVO vs QQA |
Best Risk-Adjusted Alternatives to DIVO
DIVO has a PortfoliosLab risk / return rank of 61. There are 56 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 97 | 1.02B | Apr 2025 | DIVO vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | DIVO vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | DIVO vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 88 | 8.41B | Dec 2013 | DIVO vs QYLD | |
| YieldMax TSM Option Income Strategy ETF | 88 | 117.86M | Aug 2024 | DIVO vs TSMY |
Top Performing DIVO Alternatives (YTD)
DIVO is at 5.53% YTD. There are 107 ETFs in the Derivative Income category with higher YTD returns, going as high as 363.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 363.23% | 14.71M | Oct 2025 | DIVO vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 192.40% | 90.88M | Jul 2025 | DIVO vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 85.77% | 1.02B | Apr 2025 | DIVO vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 62.18% | 62.15M | May 2024 | DIVO vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 51.59% | 82.87M | Oct 2023 | DIVO vs MRNY |
Lowest Volatility Alternatives to DIVO
DIVO has 8.97% 1-year volatility. There are 28 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | 20.88M | Dec 2018 | DIVO vs IPDP | |
| Simplify Treasury Option Income ETF | 3.14% | 438.06M | Oct 2022 | DIVO vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | DIVO vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.21B | Dec 2015 | DIVO vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.10% | 287.53M | Feb 2025 | DIVO vs LQTI |
Lowest Drawdown Alternatives to DIVO
DIVO has a 1-year max drawdown of -5.95%. There are 21 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 438.06M | Oct 2022 | DIVO vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | DIVO vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | Dec 2015 | DIVO vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | DIVO vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | DIVO vs OMAH |
Other ETFs from Amplify
The 10 most viewed Amplify ETFs shown here include QDVO, IDVO, SILJ and span 10 categories. AUM among these funds goes as high as $4B.
Often Compared With DIVO
Investors most often compare DIVO with JEPI, SCHD, JEPQ. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare DIVO with Any Fund or Stock
Compare DIVO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DIVO with funds that move differently
Amplify CWP Enhanced Dividend Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DIVO.
Explore DIVO Diversifiers