CLSA.TO vs. DIVO

Last updated Jun 4, 2026

CLSA.TO (Brompton Split Corp. Enhanced Equity Income ETF) and DIVO (Amplify CWP Enhanced Dividend Income ETF) are both exchange-traded funds - CLSA.TO is a Canada Equities fund actively managed by Brompton Funds, while DIVO is a Derivative Income fund actively managed by Amplify. Both are actively managed. Over the past year, CLSA.TO returned 70.18% vs 19.90% for DIVO. At a 0.48 correlation, their price movements are largely independent. CLSA.TO charges 0.60%/yr vs 0.56%/yr for DIVO.

Performance

CLSA.TO vs. DIVO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brompton Split Corp. Enhanced Equity Income ETF (CLSA.TO) and Amplify CWP Enhanced Dividend Income ETF (DIVO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CLSA.TO is traded in CAD, while DIVO is traded in USD. To make them comparable, the DIVO values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, CLSA.TO achieves a 20.72% return, which is significantly higher than DIVO's 6.88% return.

CLSA.TO

• 1D: 0.25%
• 1M: 7.37%
• YTD: 20.72%
• 6M: 30.07%
• 1Y: 70.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DIVO

• 1D: -0.13%
• 1M: 4.38%
• YTD: 6.88%
• 6M: 5.41%
• 1Y: 19.90%
• 3Y*: 16.69%
• 5Y*: 13.77%
• 10Y*: —

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

CLSA.TO vs. DIVO - Yearly Performance Comparison

	2026 (YTD)	2025
CLSA.TO Brompton Split Corp. Enhanced Equity Income ETF	20.72%	56.35%
DIVO Amplify CWP Enhanced Dividend Income ETF	6.88%	10.80%

Correlation

The correlation between CLSA.TO and DIVO is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (All Time) Calculated using the full available price history since Mar 24, 2025	0.48

Return for Risk

CLSA.TO vs. DIVO — Risk / Return Rank

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

CLSA.TO

CLSA.TO Risk / Return Rank: 96
CLSA.TO Sharpe Ratio Rank: 97
CLSA.TO Sortino Ratio Rank: 96
CLSA.TO Omega Ratio Rank: 97
CLSA.TO Calmar Ratio Rank: 93
CLSA.TO Martin Ratio Rank: 94

DIVO

DIVO Risk / Return Rank: 61
DIVO Sharpe Ratio Rank: 59
DIVO Sortino Ratio Rank: 64
DIVO Omega Ratio Rank: 58
DIVO Calmar Ratio Rank: 61
DIVO Martin Ratio Rank: 61

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.

CLSA.TO vs. DIVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brompton Split Corp. Enhanced Equity Income ETF (CLSA.TO) 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.

	CLSA.TO	DIVO	Difference
Sharpe ratio: Return per unit of total volatility	4.87	2.21	+2.66
Sortino ratio: Return per unit of downside risk	5.65	3.22	+2.43
Omega ratio: Gain probability vs. loss probability	1.96	1.39	+0.57
Calmar ratio: Return relative to maximum drawdown	6.54	3.87	+2.68
Martin ratio: Return relative to average drawdown	28.01	13.61	+14.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CLSA.TO vs. DIVO - Sharpe Ratio Comparison

The current CLSA.TO Sharpe Ratio is 4.87, which is higher than the DIVO Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of CLSA.TO and DIVO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CLSA.TO	DIVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.87	2.21	+2.66
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.33	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.25	0.97	+3.28

Drawdowns

CLSA.TO vs. DIVO - Drawdown Comparison

The maximum CLSA.TO drawdown since its inception was -11.73%, smaller than the maximum DIVO drawdown of -23.03%. Use the drawdown chart below to compare losses from any high point for CLSA.TO and DIVO.

Drawdown Indicators

	CLSA.TO	DIVO	Difference
Max Drawdown Largest peak-to-trough decline	-11.73%	-23.03%	+11.30%
Max Drawdown (1Y) Largest decline over 1 year	-10.78%	-5.17%	-5.61%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.54%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.54%	—
Current Drawdown Current decline from peak	-1.09%	-0.13%	-0.96%
Average Drawdown Average peak-to-trough decline	-1.37%	-2.38%	+1.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	1.47%	+1.04%

Volatility

CLSA.TO vs. DIVO - Volatility Comparison

Brompton Split Corp. Enhanced Equity Income ETF (CLSA.TO) has a higher volatility of 3.14% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 1.94%. This indicates that CLSA.TO'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.

Volatility by Period

	CLSA.TO	DIVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.14%	1.94%	+1.20%
Volatility (6M) Calculated over the trailing 6-month period	12.36%	7.02%	+5.34%
Volatility (1Y) Calculated over the trailing 1-year period	14.48%	9.04%	+5.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.54%	10.38%	+6.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.54%	13.59%	+2.95%

CLSA.TO vs. DIVO - Expense Ratio Comparison

CLSA.TO has a 0.60% expense ratio, which is higher than DIVO's 0.56% expense ratio.

Dividends

CLSA.TO vs. DIVO - Dividend Comparison

CLSA.TO's dividend yield for the trailing twelve months is around 10.76%, more than DIVO's 6.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CLSA.TO Brompton Split Corp. Enhanced Equity Income ETF	10.76%	7.99%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIVO Amplify CWP Enhanced Dividend Income ETF	6.42%	6.44%	4.70%	4.67%	4.76%	4.79%	4.91%	8.16%	5.27%	3.83%

Frequently Asked Questions

Can I hold both CLSA.TO and DIVO in my portfolio?

CLSA.TO and DIVO have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CLSA.TO or DIVO?

On fees, DIVO is cheaper at 0.56% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CLSA.TO or DIVO?

DIVO is cheaper with a 0.56% expense ratio, compared with 0.60% for CLSA.TO.

What is the main difference between CLSA.TO and DIVO?

CLSA.TO is categorized as Canada Equities, while DIVO is Derivative Income. They also come from different issuers: Brompton Funds and Amplify. Their fees differ too: 0.60% for CLSA.TO and 0.56% for DIVO.