DIVO vs. AOM
DIVO (Amplify CWP Enhanced Dividend Income ETF) and AOM (iShares Core Moderate Allocation ETF) are both exchange-traded funds - DIVO is a Derivative Income fund actively managed by Amplify, while AOM is a Diversified Portfolio fund tracking the S&P Target Risk Moderate. DIVO is actively managed, while AOM is passively managed. Over the past 5 years, DIVO returned 10.91%/yr vs 4.66%/yr for AOM. A 0.68 correlation means they provide meaningful diversification when combined. DIVO charges 0.56%/yr vs 0.25%/yr for AOM.
Performance
DIVO vs. AOM - Performance Comparison
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Returns By Period
In the year-to-date period, DIVO achieves a 6.43% return, which is significantly higher than AOM's 4.75% return.
DIVO
- 1D
- 0.72%
- 1M
- 2.16%
- YTD
- 6.43%
- 6M
- 5.62%
- 1Y
- 19.84%
- 3Y*
- 15.47%
- 5Y*
- 10.91%
- 10Y*
- —
AOM
- 1D
- 0.04%
- 1M
- 0.36%
- YTD
- 4.75%
- 6M
- 5.32%
- 1Y
- 13.68%
- 3Y*
- 10.66%
- 5Y*
- 4.66%
- 10Y*
- 6.31%
DIVO vs. AOM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DIVO Amplify CWP Enhanced Dividend Income ETF | 6.43% | 17.40% | 16.22% | 6.95% | -1.46% | 22.87% | 12.40% | 24.90% | -3.18% | 21.41% |
AOM iShares Core Moderate Allocation ETF | 4.75% | 13.28% | 7.95% | 12.38% | -14.54% | 6.93% | 10.02% | 15.58% | -3.88% | 11.63% |
Correlation
The correlation between DIVO and AOM is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2016 | 0.68 |
The correlation between DIVO and AOM has been stable across timeframes, ranging from 0.67 to 0.70 - a consistent structural relationship.
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Return for Risk
DIVO vs. AOM — Risk / Return Rank
DIVO
AOM
DIVO vs. AOM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify CWP Enhanced Dividend Income ETF (DIVO) and iShares Core Moderate Allocation ETF (AOM). 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.
| DIVO | AOM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.35 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.12 | 2.52 | +0.61 |
| Martin ratioReturn relative to average drawdown | 11.23 | 10.84 | +0.39 |
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Drawdowns
DIVO vs. AOM - Drawdown Comparison
The maximum DIVO drawdown since its inception was -30.04%, which is greater than AOM's maximum drawdown of -19.96%. Use the drawdown chart below to compare losses from any high point for DIVO and AOM.
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Drawdown Indicators
| DIVO | AOM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.04% | -19.96% | -10.08% |
Max Drawdown (1Y)Largest decline over 1 year | -5.95% | -5.11% | -0.84% |
Max Drawdown (3Y)Largest decline over 3 years | -12.12% | -6.85% | -5.27% |
Max Drawdown (5Y)Largest decline over 5 years | -13.72% | -19.96% | +6.24% |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.96% | — |
Current DrawdownCurrent decline from peak | -0.19% | -0.70% | +0.51% |
Average DrawdownAverage peak-to-trough decline | -2.61% | -2.70% | +0.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 1.19% | +0.46% |
Volatility
DIVO vs. AOM - Volatility Comparison
Amplify CWP Enhanced Dividend Income ETF (DIVO) and iShares Core Moderate Allocation ETF (AOM) have volatilities of 2.71% and 2.82%, 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.
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Volatility by Period
| DIVO | AOM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.71% | 2.82% | -0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 7.13% | 5.63% | +1.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.20% | 6.90% | +2.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.97% | 8.19% | +3.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.83% | 7.96% | +6.87% |
DIVO vs. AOM - Expense Ratio Comparison
DIVO has a 0.56% expense ratio, which is higher than AOM's 0.25% expense ratio.
Dividends
DIVO vs. AOM - Dividend Comparison
DIVO's dividend yield for the trailing twelve months is around 6.36%, more than AOM's 2.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOM iShares Core Moderate Allocation ETF | 2.99% | 2.98% | 3.10% | 2.79% | 2.27% | 1.56% | 2.02% | 2.66% | 2.53% | 3.31% | 2.14% | 1.98% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 6.36% | 6.44% | 4.70% | 4.67% | 4.76% | 4.79% | 4.91% | 8.16% | 5.27% | 3.83% | 0.00% | 0.00% |
Frequently Asked Questions
DIVO and AOM have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AOM has higher volatility (2.82%) compared to DIVO (2.71%). In terms of maximum drawdown, DIVO dropped -30.04% vs AOM's -19.96%.
On 5-year performance, DIVO leads with 10.91% vs 4.66% for AOM. On fees, AOM is cheaper at 0.25% per year. On volatility, DIVO has been the lower-risk option at 2.71%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DIVO has performed better with a 10.91% return vs 4.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AOM is cheaper with a 0.25% expense ratio, compared with 0.56% for DIVO.
DIVO has the higher dividend yield at 6.36%, compared with 2.99% for AOM.
DIVO is categorized as Derivative Income, while AOM is Diversified Portfolio. They also come from different issuers: Amplify and iShares. Their fees differ too: 0.56% for DIVO and 0.25% for AOM.
DIVO currently has the higher Sharpe Ratio (2.02 vs 1.87), 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.
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