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 50 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% | 29.28M | Nov 2024 | DIVO vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 324.77M | Mar 2024 | DIVO vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.73M | Sep 2024 | DIVO vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | DIVO vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 787.43M | Jul 2024 | DIVO vs QQA |
Best Risk-Adjusted Alternatives to DIVO
DIVO has a PortfoliosLab risk / return rank of 65. There are 48 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | DIVO vs THTA | |
| Simplify Treasury Option Income ETF | 95 | 474.96M | Oct 2022 | DIVO vs BUCK | |
| YieldMax Semiconductor Portfolio Option Income ETF | 95 | 1.16B | Apr 2025 | DIVO vs CHPY | |
| YieldMax AMD Option Income Strategy ETF | 94 | 443.39M | Sep 2023 | DIVO vs AMDY | |
| YieldMax GOOGL Option Income Strategy ETF | 93 | 246.95M | Jul 2023 | DIVO vs GOOY |
Top Performing DIVO Alternatives (YTD)
DIVO is at 6.60% YTD. There are 114 ETFs in the Derivative Income category with higher YTD returns, going as high as 192.73%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 192.73% | 116.76M | Jul 2025 | DIVO vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 185.60% | 27.86M | Oct 2025 | DIVO vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 113.61% | 443.39M | Sep 2023 | DIVO vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 91.45% | 127.56M | Oct 2023 | DIVO vs MRNY | |
| YieldMax Semiconductor Portfolio Option Income ETF | 74.58% | 1.16B | Apr 2025 | DIVO vs CHPY |
Lowest Volatility Alternatives to DIVO
DIVO has 9.19% 1-year volatility. There are 30 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.80%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.80% | 474.96M | Oct 2022 | DIVO vs BUCK | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.44% | 206.17M | Apr 2026 | DIVO vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.85% | 88.48M | Feb 2025 | DIVO vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.26B | Dec 2015 | DIVO vs BUYW | |
| GraniteShares YieldBOOST 20Y+ Treasuries ETF | 5.05% | 726.94K | May 2026 | DIVO vs FIYY |
Lowest Drawdown Alternatives to DIVO
DIVO has a 1-year max drawdown of -5.95%. There are 22 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 474.96M | Oct 2022 | DIVO vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 88.48M | Feb 2025 | DIVO vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.26B | 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 12 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Amplify CWP Growth & Income ETF | Derivative Income | 57 | 9.03% | 728.58M | Aug 2024 | DIVO vs QDVO | |
| Amplify CWP International Enhanced Dividend Income... | Derivative Income, Dividend, Foreign Large Cap Equities | 77 | 14.04% | 1.30B | Sep 2022 | DIVO vs IDVO | |
| Amplify Junior Silver Miners ETF | Silver, Precious Metals | 38 | -8.35% | 3.22B | Nov 2012 | DIVO vs SILJ | |
| Amplify Blockchain Technology ETF | Blockchain, Technology Equities | 11 | 7.82% | 1.14B | Jan 2018 | DIVO vs BLOK | |
| Amplify AI Powered Equity ETF | Large Cap Growth Equities | 53 | 11.42% | 121.92M | Oct 2017 | DIVO vs AIEQ | |
| Amplify Cybersecurity ETF | Technology Equities, Cybersecurity | 44 | 42.20% | 2.70B | Nov 2014 | DIVO vs HACK | |
| Amplify CEF High Income ETF | Diversified Portfolio | 41 | 6.40% | 722.43M | Jun 2012 | DIVO vs YYY | |
| Breakwave Tanker Shipping ETF | Commodities | 99 | 1,235.87% | 22.86M | May 2023 | DIVO vs BWET | |
| Amplify Lithium & Battery Technology ETF | Lithium & Battery Metals | 57 | 6.67% | 118.16M | Jun 2018 | DIVO vs BATT | |
| Amplify Bitcoin Max Income Covered Call ETF | Derivative Income | 1 | -24.16% | 10.70M | Apr 2025 | DIVO vs BAGY |
Often Compared With DIVO
Investors most often compare DIVO with JEPI, SCHD, JEPQ. These 20 comparison targets span 12 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