CGIC vs. IDVO

Last updated Jun 18, 2026

CGIC (Capital Group International Core Equity ETF) and IDVO (Amplify CWP International Enhanced Dividend Income ETF) are both exchange-traded funds - CGIC is a Foreign Large Cap Equities fund actively managed by Capital Group, while IDVO is a Derivative Income fund actively managed by Amplify. Both are actively managed. Over the past year, CGIC returned 30.45% vs 33.89% for IDVO. Their correlation of 0.89 suggests significant overlap in exposure. CGIC charges 0.54%/yr vs 0.65%/yr for IDVO.

Performance

CGIC vs. IDVO - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with CGIC having a 12.75% return and IDVO slightly higher at 13.34%.

CGIC

• 1D: -0.65%
• 1M: 2.63%
• YTD: 12.75%
• 6M: 15.15%
• 1Y: 30.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IDVO

• 1D: 0.17%
• 1M: 1.70%
• YTD: 13.34%
• 6M: 15.17%
• 1Y: 33.89%
• 3Y*: 21.61%
• 5Y*: —
• 10Y*: —

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

CGIC vs. IDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CGIC Capital Group International Core Equity ETF	12.75%	37.53%	-3.23%
IDVO Amplify CWP International Enhanced Dividend Income ETF	13.34%	36.46%	1.21%

Correlation

The correlation between CGIC and IDVO is 0.90, 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	0.90
Correlation (All Time) Calculated using the full available price history since Jun 27, 2024	0.89

The correlation between CGIC and IDVO has been stable across timeframes, ranging from 0.89 to 0.90 - a consistent structural relationship.

CGIC vs. IDVO - Sectors Allocation Comparison

Sectors	CGIC	IDVO
Financial Services	20.2%	19.9%
Technology	16.7%	10.7%
Industrials	13.9%	7.2%
Basic Materials	8.8%	17.1%
Consumer Defensive	8.1%	8.2%
Consumer Cyclical	7.4%	3.2%
Communication Services	7.3%	10.3%
Energy	6.2%	12.5%
Healthcare	5.6%	7.8%
Utilities	4.1%	3.2%
Real Estate	1.8%	-

Return for Risk

CGIC vs. IDVO — Risk / Return Rank

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

CGIC

CGIC Risk / Return Rank: 61
CGIC Sharpe Ratio Rank: 62
CGIC Sortino Ratio Rank: 60
CGIC Omega Ratio Rank: 62
CGIC Calmar Ratio Rank: 58
CGIC Martin Ratio Rank: 61

IDVO

IDVO Risk / Return Rank: 69
IDVO Sharpe Ratio Rank: 70
IDVO Sortino Ratio Rank: 66
IDVO Omega Ratio Rank: 69
IDVO Calmar Ratio Rank: 70
IDVO Martin Ratio Rank: 72

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.

CGIC vs. IDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group International Core Equity ETF (CGIC) and Amplify CWP International Enhanced Dividend Income ETF (IDVO). 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.

	CGIC	IDVO	Difference
Sharpe ratio: Return per unit of total volatility	1.93	2.09	-0.16
Sortino ratio: Return per unit of downside risk	2.64	2.81	-0.17
Omega ratio: Gain probability vs. loss probability	1.35	1.38	-0.03
Calmar ratio: Return relative to maximum drawdown	2.71	3.28	-0.58
Martin ratio: Return relative to average drawdown	10.31	12.51	-2.20

CGIC vs. IDVO - Sharpe Ratio Comparison

The current CGIC Sharpe Ratio is 1.93, which is comparable to the IDVO Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of CGIC and IDVO, 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

CGIC vs. IDVO - Drawdown Comparison

The maximum CGIC drawdown since its inception was -13.10%, smaller than the maximum IDVO drawdown of -15.46%. Use the drawdown chart below to compare losses from any high point for CGIC and IDVO.

Drawdown Indicators

	CGIC	IDVO	Difference
Max Drawdown Largest peak-to-trough decline	-13.10%	-15.46%	+2.36%
Max Drawdown (1Y) Largest decline over 1 year	-11.30%	-10.37%	-0.93%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.46%	—
Current Drawdown Current decline from peak	-1.29%	-1.93%	+0.64%
Average Drawdown Average peak-to-trough decline	-2.52%	-2.30%	-0.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	2.72%	+0.24%

Volatility

CGIC vs. IDVO - Volatility Comparison

Capital Group International Core Equity ETF (CGIC) has a higher volatility of 6.60% compared to Amplify CWP International Enhanced Dividend Income ETF (IDVO) at 5.96%. This indicates that CGIC's price experiences larger fluctuations and is considered to be riskier than IDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CGIC	IDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.60%	5.96%	+0.64%
Volatility (6M) Calculated over the trailing 6-month period	13.94%	13.89%	+0.05%
Volatility (1Y) Calculated over the trailing 1-year period	15.95%	16.30%	-0.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.46%	16.48%	-0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.46%	16.48%	-0.02%

CGIC vs. IDVO - Expense Ratio Comparison

CGIC has a 0.54% expense ratio, which is lower than IDVO's 0.65% expense ratio.

Dividends

CGIC vs. IDVO - Dividend Comparison

CGIC's dividend yield for the trailing twelve months is around 1.32%, less than IDVO's 5.52% yield.

Position	TTM	2025	2024	2023	2022
CGIC Capital Group International Core Equity ETF	1.32%	1.60%	0.68%	0.00%	0.00%
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.52%	5.42%	6.14%	5.72%	1.96%

Frequently Asked Questions

Can I hold both CGIC and IDVO in my portfolio?

CGIC and IDVO have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CGIC or IDVO?

CGIC has higher volatility (6.60%) compared to IDVO (5.96%). In terms of maximum drawdown, CGIC dropped -13.10% vs IDVO's -15.46%.

Which ETF is better, CGIC or IDVO?

On 1-year performance, IDVO leads with 33.89% vs 30.45% for CGIC. On fees, CGIC is cheaper at 0.54% per year. On volatility, IDVO has been the lower-risk option at 5.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CGIC or IDVO?

Over the 1-year period, IDVO has performed better with a 33.89% return vs 30.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CGIC or IDVO?

CGIC is cheaper with a 0.54% expense ratio, compared with 0.65% for IDVO.

Which ETF pays a higher dividend yield, CGIC or IDVO?

IDVO has the higher dividend yield at 5.52%, compared with 1.32% for CGIC.

What is the main difference between CGIC and IDVO?

CGIC is categorized as Foreign Large Cap Equities, while IDVO is Derivative Income. They also come from different issuers: Capital Group and Amplify. Their fees differ too: 0.54% for CGIC and 0.65% for IDVO.

Which has better risk-adjusted returns?

IDVO currently has the higher Sharpe Ratio (2.09 vs 1.93), 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.