CCOR vs. DIVO
Compare and contrast key facts about Core Alternative ETF (CCOR) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
CCOR and DIVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CCOR is an actively managed fund by Core Alternative Capital. It was launched on May 24, 2017. DIVO is an actively managed fund by Amplify Investments. It was launched on Dec 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CCOR or DIVO.
Correlation
The correlation between CCOR and DIVO is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CCOR vs. DIVO - Performance Comparison
Key characteristics
CCOR:
-0.65
DIVO:
1.97
CCOR:
-0.93
DIVO:
2.82
CCOR:
0.89
DIVO:
1.37
CCOR:
-0.26
DIVO:
3.13
CCOR:
-1.19
DIVO:
11.33
CCOR:
5.02%
DIVO:
1.57%
CCOR:
9.16%
DIVO:
9.02%
CCOR:
-22.99%
DIVO:
-30.04%
CCOR:
-19.87%
DIVO:
-4.67%
Returns By Period
In the year-to-date period, CCOR achieves a -5.81% return, which is significantly lower than DIVO's 16.78% return.
CCOR
-5.81%
-3.72%
1.36%
-5.71%
-0.44%
N/A
DIVO
16.78%
-3.20%
6.88%
17.41%
11.27%
N/A
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CCOR vs. DIVO - Expense Ratio Comparison
CCOR has a 1.09% expense ratio, which is higher than DIVO's 0.55% expense ratio.
Risk-Adjusted Performance
CCOR vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Core Alternative ETF (CCOR) and Amplify CWP Enhanced Dividend Income ETF (DIVO). 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.
Dividends
CCOR vs. DIVO - Dividend Comparison
CCOR's dividend yield for the trailing twelve months is around 1.18%, less than DIVO's 4.61% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|---|
Core Alternative ETF | 1.18% | 1.21% | 1.11% | 1.02% | 1.50% | 0.73% | 1.53% | 0.89% |
Amplify CWP Enhanced Dividend Income ETF | 4.61% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% |
Drawdowns
CCOR vs. DIVO - Drawdown Comparison
The maximum CCOR drawdown since its inception was -22.99%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for CCOR and DIVO. For additional features, visit the drawdowns tool.
Volatility
CCOR vs. DIVO - Volatility Comparison
The current volatility for Core Alternative ETF (CCOR) is 2.35%, while Amplify CWP Enhanced Dividend Income ETF (DIVO) has a volatility of 3.14%. This indicates that CCOR experiences smaller price fluctuations and is considered to be less risky than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.