AIEQ vs. QDVO

Last updated Jun 21, 2026

AIEQ (Amplify AI Powered Equity ETF) and QDVO (Amplify CWP Growth & Income ETF) are both exchange-traded funds - AIEQ is a Large Cap Growth Equities fund tracking the AI Powered Equity Index, while QDVO is a Derivative Income fund actively managed by Amplify. AIEQ is passively managed, while QDVO is actively managed. Over the past year, AIEQ returned 22.25% vs 24.94% for QDVO. Their correlation of 0.80 suggests significant overlap in exposure. AIEQ charges 0.75%/yr vs 0.56%/yr for QDVO.

Performance

AIEQ vs. QDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify AI Powered Equity ETF (AIEQ) and Amplify CWP Growth & Income ETF (QDVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIEQ achieves a 9.94% return, which is significantly higher than QDVO's 7.82% return.

AIEQ

• 1D: 1.31%
• 1M: 1.25%
• YTD: 9.94%
• 6M: 9.90%
• 1Y: 22.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QDVO

• 1D: 1.01%
• 1M: -1.55%
• YTD: 7.82%
• 6M: 7.78%
• 1Y: 24.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIEQ vs. QDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AIEQ Amplify AI Powered Equity ETF	9.94%	13.96%	8.10%
QDVO Amplify CWP Growth & Income ETF	7.82%	20.16%	9.76%

Correlation

The correlation between AIEQ and QDVO is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (All Time) Calculated using the full available price history since Aug 22, 2024	0.80

The correlation between AIEQ and QDVO has been stable across timeframes, ranging from 0.80 to 0.82 - a consistent structural relationship.

AIEQ vs. QDVO - Sectors Allocation Comparison

Sectors	AIEQ	QDVO
Technology	39.7%	50.4%
Financial Services	11.7%	3.8%
Communication Services	11.2%	15.4%
Industrials	10.4%	2.9%
Consumer Cyclical	9.7%	12.9%
Healthcare	6.7%	4.9%
Consumer Defensive	4.6%	6.2%
Basic Materials	2.8%	2.2%
Energy	2.8%	0.9%
Utilities	0.3%	0.4%
Real Estate	0.2%	-

Return for Risk

AIEQ vs. QDVO — Risk / Return Rank

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

AIEQ

AIEQ Risk / Return Rank: 52
AIEQ Sharpe Ratio Rank: 53
AIEQ Sortino Ratio Rank: 50
AIEQ Omega Ratio Rank: 52
AIEQ Calmar Ratio Rank: 51
AIEQ Martin Ratio Rank: 55

QDVO

QDVO Risk / Return Rank: 56
QDVO Sharpe Ratio Rank: 61
QDVO Sortino Ratio Rank: 57
QDVO Omega Ratio Rank: 58
QDVO Calmar Ratio Rank: 50
QDVO Martin Ratio Rank: 56

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.

AIEQ vs. QDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify AI Powered Equity ETF (AIEQ) and Amplify CWP Growth & Income ETF (QDVO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AIEQ	QDVO	Difference
Sharpe ratio: Return per unit of total volatility	1.72	1.92	-0.20
Sortino ratio: Return per unit of downside risk	2.36	2.62	-0.27
Omega ratio: Gain probability vs. loss probability	1.31	1.34	-0.03
Calmar ratio: Return relative to maximum drawdown	2.42	2.37	+0.04
Martin ratio: Return relative to average drawdown	9.19	9.31	-0.13

AIEQ vs. QDVO - Sharpe Ratio Comparison

The current AIEQ Sharpe Ratio is 1.72, which is comparable to the QDVO Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of AIEQ and QDVO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AIEQ vs. QDVO - Drawdown Comparison

The maximum AIEQ drawdown since its inception was -24.19%, which is greater than QDVO's maximum drawdown of -17.75%. Use the drawdown chart below to compare losses from any high point for AIEQ and QDVO.

Drawdown Indicators

	AIEQ	QDVO	Difference
Max Drawdown Largest peak-to-trough decline	-24.19%	-17.75%	-6.44%
Max Drawdown (1Y) Largest decline over 1 year	-9.11%	-10.21%	+1.10%
Current Drawdown Current decline from peak	-1.14%	-2.73%	+1.59%
Average Drawdown Average peak-to-trough decline	-3.28%	-2.40%	-0.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.39%	2.59%	-0.20%

Volatility

AIEQ vs. QDVO - Volatility Comparison

Amplify AI Powered Equity ETF (AIEQ) has a higher volatility of 4.58% compared to Amplify CWP Growth & Income ETF (QDVO) at 4.29%. This indicates that AIEQ's price experiences larger fluctuations and is considered to be riskier than QDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIEQ	QDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.58%	4.29%	+0.29%
Volatility (6M) Calculated over the trailing 6-month period	10.14%	9.64%	+0.50%
Volatility (1Y) Calculated over the trailing 1-year period	12.79%	12.61%	+0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.48%	17.53%	+1.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.48%	17.53%	+1.95%

AIEQ vs. QDVO - Expense Ratio Comparison

AIEQ has a 0.75% expense ratio, which is higher than QDVO's 0.56% expense ratio.

Dividends

AIEQ vs. QDVO - Dividend Comparison

AIEQ's dividend yield for the trailing twelve months is around 0.39%, less than QDVO's 10.31% yield.

Position	TTM	2025	2024
AIEQ Amplify AI Powered Equity ETF	0.39%	0.43%	0.65%
QDVO Amplify CWP Growth & Income ETF	10.31%	9.92%	2.79%

Frequently Asked Questions

Can I hold both AIEQ and QDVO in my portfolio?

AIEQ and QDVO have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIEQ or QDVO?

AIEQ has higher volatility (4.58%) compared to QDVO (4.29%). In terms of maximum drawdown, AIEQ dropped -24.19% vs QDVO's -17.75%.

Which ETF is better, AIEQ or QDVO?

On 1-year performance, QDVO leads with 24.94% vs 22.25% for AIEQ. On fees, QDVO is cheaper at 0.56% per year. On volatility, QDVO has been the lower-risk option at 4.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIEQ or QDVO?

Over the 1-year period, QDVO has performed better with a 24.94% return vs 22.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIEQ or QDVO?

QDVO is cheaper with a 0.56% expense ratio, compared with 0.75% for AIEQ.

Which ETF pays a higher dividend yield, AIEQ or QDVO?

QDVO has the higher dividend yield at 10.31%, compared with 0.39% for AIEQ.

What is the main difference between AIEQ and QDVO?

AIEQ is categorized as Large Cap Growth Equities, while QDVO is Derivative Income. Their fees differ too: 0.75% for AIEQ and 0.56% for QDVO.

Which has better risk-adjusted returns?

QDVO currently has the higher Sharpe Ratio (1.92 vs 1.72), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.