DIVO vs. BRK-B

Last updated Jun 9, 2026

DIVO (Amplify CWP Enhanced Dividend Income ETF) is Derivative Income fund actively managed by Amplify, while BRK-B (Berkshire Hathaway Inc.) is a stock. Over the past 5 years, DIVO returned 10.72%/yr vs 11.03%/yr for BRK-B. A 0.64 correlation means they provide meaningful diversification when combined.

Performance

DIVO vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify CWP Enhanced Dividend Income ETF (DIVO) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIVO achieves a 5.28% return, which is significantly higher than BRK-B's -3.11% return.

DIVO

• 1D: -0.30%
• 1M: 1.64%
• YTD: 5.28%
• 6M: 5.66%
• 1Y: 17.72%
• 3Y*: 15.15%
• 5Y*: 10.72%
• 10Y*: —

BRK-B

• 1D: -0.23%
• 1M: 2.32%
• YTD: -3.11%
• 6M: -2.06%
• 1Y: -1.32%
• 3Y*: 13.25%
• 5Y*: 11.03%
• 10Y*: 13.14%

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

DIVO vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIVO Amplify CWP Enhanced Dividend Income ETF	5.28%	17.40%	16.22%	6.95%	-1.46%	22.87%	12.40%	24.90%	-3.18%	21.41%
BRK-B Berkshire Hathaway Inc.	-3.11%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	21.62%

Correlation

The correlation between DIVO and BRK-B is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (All Time) Calculated using the full available price history since Dec 14, 2016	0.64

Over the past year, the correlation between DIVO and BRK-B has dropped to 0.39 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.

Return for Risk

DIVO vs. BRK-B — Risk / Return Rank

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

DIVO

DIVO Risk / Return Rank: 66
DIVO Sharpe Ratio Rank: 66
DIVO Sortino Ratio Rank: 72
DIVO Omega Ratio Rank: 63
DIVO Calmar Ratio Rank: 66
DIVO Martin Ratio Rank: 65

BRK-B

BRK-B Risk / Return Rank: 35
BRK-B Sharpe Ratio Rank: 38
BRK-B Sortino Ratio Rank: 30
BRK-B Omega Ratio Rank: 30
BRK-B Calmar Ratio Rank: 38
BRK-B Martin Ratio Rank: 37

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.

DIVO vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CWP Enhanced Dividend Income ETF (DIVO) and Berkshire Hathaway Inc. (BRK-B). 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.

	DIVO	BRK-B	Difference
Sharpe ratio: Return per unit of total volatility	1.96	-0.09	+2.06
Sortino ratio: Return per unit of downside risk	2.91	-0.03	+2.94
Omega ratio: Gain probability vs. loss probability	1.34	1.00	+0.35
Calmar ratio: Return relative to maximum drawdown	2.99	-0.14	+3.13
Martin ratio: Return relative to average drawdown	10.79	-0.30	+11.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIVO vs. BRK-B - Sharpe Ratio Comparison

The current DIVO Sharpe Ratio is 1.96, which is higher than the BRK-B Sharpe Ratio of -0.09. The chart below compares the historical Sharpe Ratios of DIVO and BRK-B, 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

	DIVO	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.96	-0.09	+2.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	0.65	+0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.48	+0.36

Drawdowns

DIVO vs. BRK-B - Drawdown Comparison

The maximum DIVO drawdown since its inception was -30.04%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for DIVO and BRK-B.

Drawdown Indicators

	DIVO	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-30.04%	-53.86%	+23.82%
Max Drawdown (1Y) Largest decline over 1 year	-5.95%	-9.42%	+3.47%
Max Drawdown (3Y) Largest decline over 3 years	-12.12%	-14.95%	+2.83%
Max Drawdown (5Y) Largest decline over 5 years	-13.72%	-26.58%	+12.86%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-1.27%	-9.78%	+8.51%
Average Drawdown Average peak-to-trough decline	-2.61%	-11.07%	+8.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	4.49%	-2.84%

Volatility

DIVO vs. BRK-B - Volatility Comparison

The current volatility for Amplify CWP Enhanced Dividend Income ETF (DIVO) is 2.30%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.98%. This indicates that DIVO experiences smaller price fluctuations and is considered to be less risky than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVO	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.30%	3.98%	-1.68%
Volatility (6M) Calculated over the trailing 6-month period	7.02%	10.87%	-3.85%
Volatility (1Y) Calculated over the trailing 1-year period	9.09%	14.38%	-5.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.95%	17.13%	-5.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.84%	19.44%	-4.60%

Dividends

DIVO vs. BRK-B - Dividend Comparison

DIVO's dividend yield for the trailing twelve months is around 6.43%, while BRK-B has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIVO Amplify CWP Enhanced Dividend Income ETF	6.43%	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 DIVO and BRK-B in my portfolio?

DIVO and BRK-B have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIVO or BRK-B?

BRK-B has higher volatility (3.98%) compared to DIVO (2.30%). In terms of maximum drawdown, DIVO dropped -30.04% vs BRK-B's -53.86%.

Which has better risk-adjusted returns?

DIVO currently has the higher Sharpe Ratio (1.96 vs -0.09), 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.