DIVI vs. IDVO

Last updated Jun 3, 2026

DIVI (Franklin International Core Dividend Tilt Index ETF) and IDVO (Amplify International Enhanced Dividend Income ETF) are both Foreign Large Cap Equities funds. Both are actively managed. Over the past 3 years, DIVI returned 18.52%/yr vs 24.34%/yr for IDVO. Their correlation of 0.85 suggests significant overlap in exposure. DIVI charges 0.09%/yr vs 0.65%/yr for IDVO.

Performance

DIVI vs. IDVO - Performance Comparison

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

Returns By Period

In the year-to-date period, DIVI achieves a 11.74% return, which is significantly lower than IDVO's 15.56% return.

DIVI

• 1D: 0.53%
• 1M: 2.87%
• YTD: 11.74%
• 6M: 14.97%
• 1Y: 26.70%
• 3Y*: 18.52%
• 5Y*: 13.83%
• 10Y*: —

IDVO

• 1D: 1.41%
• 1M: 2.69%
• YTD: 15.56%
• 6M: 16.39%
• 1Y: 36.75%
• 3Y*: 24.34%
• 5Y*: —
• 10Y*: —

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

DIVI vs. IDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DIVI Franklin International Core Dividend Tilt Index ETF	11.74%	34.86%	1.77%	18.97%	9.22%
IDVO Amplify International Enhanced Dividend Income ETF	15.56%	36.46%	10.16%	17.53%	5.47%

Correlation

The correlation between DIVI and IDVO is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (All Time) Calculated using the full available price history since Sep 9, 2022	0.85

The correlation between DIVI and IDVO has been stable across timeframes, ranging from 0.83 to 0.85 - a consistent structural relationship.

DIVI vs. IDVO - Sectors Allocation Comparison

Sectors	DIVI	IDVO
Financial Services	27.3%	18.3%
Industrials	17.2%	9.8%
Technology	10.2%	8.7%
Healthcare	9.1%	8.3%
Consumer Cyclical	7.1%	4.2%
Consumer Defensive	6.8%	7.5%
Basic Materials	5.6%	15.7%
Communication Services	5.0%	9.1%
Utilities	4.9%	6.4%
Energy	4.4%	12.1%
Real Estate	2.3%	-

Return for Risk

DIVI vs. IDVO — Risk / Return Rank

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

DIVI

DIVI Risk / Return Rank: 53
DIVI Sharpe Ratio Rank: 52
DIVI Sortino Ratio Rank: 52
DIVI Omega Ratio Rank: 50
DIVI Calmar Ratio Rank: 52
DIVI Martin Ratio Rank: 58

IDVO

IDVO Risk / Return Rank: 71
IDVO Sharpe Ratio Rank: 72
IDVO Sortino Ratio Rank: 69
IDVO Omega Ratio Rank: 71
IDVO Calmar Ratio Rank: 72
IDVO Martin Ratio Rank: 74

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.

DIVI vs. IDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin International Core Dividend Tilt Index ETF (DIVI) and Amplify 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.

	DIVI	IDVO	Difference
Sharpe ratio Return per unit of total volatility	1.81	2.37	-0.56
Sortino ratio Return per unit of downside risk	2.53	3.18	-0.65
Omega ratio Gain probability vs. loss probability	1.32	1.43	-0.11
Calmar ratio Return relative to maximum drawdown	2.64	3.65	-1.01
Martin ratio Return relative to average drawdown	10.17	14.17	-4.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIVI vs. IDVO - Sharpe Ratio Comparison

The current DIVI Sharpe Ratio is 1.81, which is comparable to the IDVO Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of DIVI 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.

Sharpe Ratios by Period

	DIVI	IDVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.81	2.37	-0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.91	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	1.40	-0.73

Drawdowns

DIVI vs. IDVO - Drawdown Comparison

The maximum DIVI drawdown since its inception was -27.76%, which is greater than IDVO's maximum drawdown of -15.46%. Use the drawdown chart below to compare losses from any high point for DIVI and IDVO.

Drawdown Indicators

	DIVI	IDVO	Difference
Max Drawdown Largest peak-to-trough decline	-27.76%	-15.46%	-12.30%
Max Drawdown (1Y) Largest decline over 1 year	-10.54%	-10.37%	-0.17%
Max Drawdown (3Y) Largest decline over 3 years	-14.58%	-15.46%	+0.88%
Max Drawdown (5Y) Largest decline over 5 years	-18.53%	—	—
Current Drawdown Current decline from peak	-0.25%	-0.01%	-0.24%
Average Drawdown Average peak-to-trough decline	-3.63%	-2.30%	-1.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.73%	2.67%	+0.06%

Volatility

DIVI vs. IDVO - Volatility Comparison

Franklin International Core Dividend Tilt Index ETF (DIVI) and Amplify International Enhanced Dividend Income ETF (IDVO) have volatilities of 5.28% and 5.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVI	IDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.28%	5.07%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	12.16%	12.98%	-0.82%
Volatility (1Y) Calculated over the trailing 1-year period	14.84%	15.57%	-0.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.29%	16.36%	-1.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.46%	16.36%	+0.10%

DIVI vs. IDVO - Expense Ratio Comparison

DIVI has a 0.09% expense ratio, which is lower than IDVO's 0.65% expense ratio.

Dividends

DIVI vs. IDVO - Dividend Comparison

DIVI's dividend yield for the trailing twelve months is around 3.50%, less than IDVO's 5.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DIVI Franklin International Core Dividend Tilt Index ETF	3.50%	3.76%	4.39%	3.17%	6.03%	2.77%	8.04%	1.61%	5.67%	5.22%	11.56%
IDVO Amplify International Enhanced Dividend Income ETF	5.41%	5.42%	6.14%	5.72%	1.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIVI and IDVO in my portfolio?

DIVI and IDVO have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIVI or IDVO?

DIVI has higher volatility (5.28%) compared to IDVO (5.07%). In terms of maximum drawdown, DIVI dropped -27.76% vs IDVO's -15.46%.

Which ETF is better, DIVI or IDVO?

On 3-year performance, IDVO leads with 24.34% vs 18.52% for DIVI. On fees, DIVI is cheaper at 0.09% per year. On volatility, IDVO has been the lower-risk option at 5.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DIVI or IDVO?

Over the 3-year period, IDVO has performed better with a 24.34% return vs 18.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DIVI or IDVO?

DIVI is cheaper with a 0.09% expense ratio, compared with 0.65% for IDVO.

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

IDVO has the higher dividend yield at 5.41%, compared with 3.50% for DIVI.

What is the main difference between DIVI and IDVO?

They also come from different issuers: Franklin Templeton and Amplify. Their fees differ too: 0.09% for DIVI and 0.65% for IDVO.

Which has better risk-adjusted returns?

IDVO currently has the higher Sharpe Ratio (2.37 vs 1.81), 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.