DIVO vs. MEUD.L

Last updated Jun 9, 2026

DIVO (Amplify CWP Enhanced Dividend Income ETF) and MEUD.L (Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc) are both exchange-traded funds - DIVO is a Derivative Income fund actively managed by Amplify, while MEUD.L is a Europe Equities fund tracking the MSCI Europe NR EUR. DIVO is actively managed, while MEUD.L is passively managed. Over the past 5 years, DIVO returned 10.72%/yr vs 8.35%/yr for MEUD.L. At a 0.49 correlation, their price movements are largely independent. DIVO charges 0.56%/yr vs 0.15%/yr for MEUD.L.

Performance

DIVO vs. MEUD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify CWP Enhanced Dividend Income ETF (DIVO) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DIVO is traded in USD, while MEUD.L is traded in GBp. To make them comparable, the MEUD.L values have been converted to USD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with DIVO having a 5.28% return and MEUD.L slightly lower at 5.24%.

DIVO

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

MEUD.L

• 1D: 0.11%
• 1M: 0.08%
• YTD: 5.24%
• 6M: 8.76%
• 1Y: 16.91%
• 3Y*: 16.48%
• 5Y*: 8.35%
• 10Y*: 9.79%

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

DIVO vs. MEUD.L - 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%
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc	5.24%	36.05%	1.93%	19.47%	-15.19%	16.00%	7.03%	25.23%	-14.71%	26.41%

Correlation

The correlation between DIVO and MEUD.L is 0.56, 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	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (All Time) Calculated using the full available price history since Dec 15, 2016	0.49

The correlation between DIVO and MEUD.L shifts across timeframes, from 0.46 (3 years) to 0.56 (1 year), reflecting how their relationship changes across market environments.

DIVO vs. MEUD.L - Sectors Allocation Comparison

Sectors	DIVO	MEUD.L
Financial Services	29.6%	23.9%
Industrials	16.0%	20.3%
Technology	15.6%	9.4%
Consumer Cyclical	11.5%	7.1%
Consumer Defensive	6.9%	7.7%
Energy	6.7%	5.3%
Healthcare	6.6%	12.6%
Basic Materials	4.2%	5.1%
Utilities	1.9%	4.4%
Communication Services	1.0%	3.0%
Real Estate	-	1.2%

Return for Risk

DIVO vs. MEUD.L — 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

MEUD.L

MEUD.L Risk / Return Rank: 46
MEUD.L Sharpe Ratio Rank: 49
MEUD.L Sortino Ratio Rank: 48
MEUD.L Omega Ratio Rank: 51
MEUD.L Calmar Ratio Rank: 39
MEUD.L Martin Ratio Rank: 43

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. MEUD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CWP Enhanced Dividend Income ETF (DIVO) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L). 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	MEUD.L	Difference
Sharpe ratio: Return per unit of total volatility	1.96	1.16	+0.81
Sortino ratio: Return per unit of downside risk	2.91	1.71	+1.20
Omega ratio: Gain probability vs. loss probability	1.34	1.21	+0.13
Calmar ratio: Return relative to maximum drawdown	2.99	1.46	+1.53
Martin ratio: Return relative to average drawdown	10.79	5.19	+5.60
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. MEUD.L - Sharpe Ratio Comparison

The current DIVO Sharpe Ratio is 1.96, which is higher than the MEUD.L Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of DIVO and MEUD.L, 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	MEUD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.96	1.16	+0.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	0.44	+0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.51	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.35	+0.50

Drawdowns

DIVO vs. MEUD.L - Drawdown Comparison

The maximum DIVO drawdown since its inception was -30.04%, smaller than the maximum MEUD.L drawdown of -36.31%. Use the drawdown chart below to compare losses from any high point for DIVO and MEUD.L.

Drawdown Indicators

	DIVO	MEUD.L	Difference
Max Drawdown Largest peak-to-trough decline	-30.04%	-36.31%	+6.27%
Max Drawdown (1Y) Largest decline over 1 year	-5.95%	-11.53%	+5.58%
Max Drawdown (3Y) Largest decline over 3 years	-12.12%	-14.53%	+2.41%
Max Drawdown (5Y) Largest decline over 5 years	-13.72%	-32.40%	+18.68%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.31%	—
Current Drawdown Current decline from peak	-1.27%	-2.76%	+1.49%
Average Drawdown Average peak-to-trough decline	-2.61%	-9.39%	+6.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	3.25%	-1.60%

Volatility

DIVO vs. MEUD.L - Volatility Comparison

The current volatility for Amplify CWP Enhanced Dividend Income ETF (DIVO) is 2.30%, while Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) has a volatility of 3.92%. This indicates that DIVO experiences smaller price fluctuations and is considered to be less risky than MEUD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVO	MEUD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.30%	3.92%	-1.62%
Volatility (6M) Calculated over the trailing 6-month period	7.02%	12.01%	-4.99%
Volatility (1Y) Calculated over the trailing 1-year period	9.09%	14.58%	-5.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.95%	19.16%	-7.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.84%	19.37%	-4.53%

DIVO vs. MEUD.L - Expense Ratio Comparison

DIVO has a 0.56% expense ratio, which is higher than MEUD.L's 0.15% expense ratio.

Dividends

DIVO vs. MEUD.L - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DIVO and MEUD.L in my portfolio?

DIVO and MEUD.L have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DIVO or MEUD.L?

On fees, MEUD.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DIVO or MEUD.L?

MEUD.L is cheaper with a 0.15% expense ratio, compared with 0.56% for DIVO.

What is the main difference between DIVO and MEUD.L?

DIVO is categorized as Derivative Income, while MEUD.L is Europe Equities. They also come from different issuers: Amplify and Amundi. Their fees differ too: 0.56% for DIVO and 0.15% for MEUD.L.