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CGDV vs. DIVO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CGDV and DIVO is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

CGDV vs. DIVO

Last updated May 31, 2025

Compare and contrast key facts about Capital Group Dividend Value ETF (CGDV) and Amplify CWP Enhanced Dividend Income ETF (DIVO).

CGDV and DIVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CGDV is an actively managed fund by Capital Group. It was launched on Feb 22, 2022. 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: CGDV or DIVO.

Performance

CGDV vs. DIVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group Dividend Value ETF (CGDV) and Amplify CWP Enhanced Dividend Income ETF (DIVO). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CGDV:

0.93

DIVO:

0.97

Sortino Ratio

CGDV:

1.29

DIVO:

1.36

Omega Ratio

CGDV:

1.19

DIVO:

1.20

Calmar Ratio

CGDV:

1.00

DIVO:

1.05

Martin Ratio

CGDV:

4.19

DIVO:

3.97

Ulcer Index

CGDV:

3.41%

DIVO:

3.21%

Daily Std Dev

CGDV:

17.03%

DIVO:

14.07%

Max Drawdown

CGDV:

-21.81%

DIVO:

-30.04%

Current Drawdown

CGDV:

-0.54%

DIVO:

-1.89%

Returns By Period

In the year-to-date period, CGDV achieves a 5.57% return, which is significantly higher than DIVO's 3.79% return.

CGDV

YTD

5.57%

1M

6.21%

6M

1.01%

1Y

15.66%

3Y*

16.64%

5Y*

N/A

10Y*

N/A

DIVO

YTD

3.79%

1M

3.42%

6M

-1.53%

1Y

13.53%

3Y*

9.75%

5Y*

13.22%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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Capital Group Dividend Value ETF

Amplify CWP Enhanced Dividend Income ETF

CGDV vs. DIVO - Expense Ratio Comparison

CGDV has a 0.33% expense ratio, which is lower than DIVO's 0.55% expense ratio.

DIVO
Amplify CWP Enhanced Dividend Income ETF
CGDV
Capital Group Dividend Value ETF
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

CGDV vs. DIVO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CGDV
The Risk-Adjusted Performance Rank of CGDV is 7676
Overall Rank
The Sharpe Ratio Rank of CGDV is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of CGDV is 7373
Sortino Ratio Rank
The Omega Ratio Rank of CGDV is 7676
Omega Ratio Rank
The Calmar Ratio Rank of CGDV is 8080
Calmar Ratio Rank
The Martin Ratio Rank of CGDV is 8080
Martin Ratio Rank
DIVO
The Risk-Adjusted Performance Rank of DIVO is 7878
Overall Rank
The Sharpe Ratio Rank of DIVO is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of DIVO is 7676
Sortino Ratio Rank
The Omega Ratio Rank of DIVO is 7878
Omega Ratio Rank
The Calmar Ratio Rank of DIVO is 8181
Calmar Ratio Rank
The Martin Ratio Rank of DIVO is 7979
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CGDV vs. DIVO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group Dividend Value ETF (CGDV) 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.

The current CGDV Sharpe Ratio is 0.93, which is comparable to the DIVO Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of CGDV and DIVO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

CGDV vs. DIVO - Dividend Comparison

CGDV's dividend yield for the trailing twelve months is around 1.54%, less than DIVO's 4.76% yield.

TTM20242023202220212020201920182017
CGDV
Capital Group Dividend Value ETF		1.54%1.60%1.66%1.36%0.00%0.00%0.00%0.00%0.00%
DIVO
Amplify CWP Enhanced Dividend Income ETF		4.76%4.70%4.67%4.76%4.79%4.92%8.16%5.27%3.83%

Drawdowns

CGDV vs. DIVO - Drawdown Comparison

The maximum CGDV drawdown since its inception was -21.81%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for CGDV and DIVO.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

CGDV vs. DIVO - Volatility Comparison

Capital Group Dividend Value ETF (CGDV) has a higher volatility of 4.80% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 3.09%. This indicates that CGDV's price experiences larger fluctuations and is considered to be riskier than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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