DIVO vs. SIVR
DIVO (Amplify CWP Enhanced Dividend Income ETF) and SIVR (abrdn Physical Silver Shares ETF) are both exchange-traded funds - DIVO is a Derivative Income fund actively managed by Amplify, while SIVR is a Silver fund tracking the LBMA Silver Price ($/ozt). DIVO is actively managed, while SIVR is passively managed. Over the past 5 years, DIVO returned 10.72%/yr vs 19.25%/yr for SIVR. At a 0.16 correlation, their price movements are largely independent. DIVO charges 0.56%/yr vs 0.30%/yr for SIVR.
Performance
DIVO vs. SIVR - Performance Comparison
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Returns By Period
In the year-to-date period, DIVO achieves a 5.28% return, which is significantly higher than SIVR's -4.36% return.
DIVO
- 1D
- -0.30%
- 1M
- 1.64%
- YTD
- 5.28%
- 6M
- 5.66%
- 1Y
- 17.72%
- 3Y*
- 15.15%
- 5Y*
- 10.72%
- 10Y*
- —
SIVR
- 1D
- 0.02%
- 1M
- -15.70%
- YTD
- -4.36%
- 6M
- 16.92%
- 1Y
- 88.66%
- 3Y*
- 40.57%
- 5Y*
- 19.25%
- 10Y*
- 14.30%
DIVO vs. SIVR - 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% |
SIVR abrdn Physical Silver Shares ETF | -4.36% | 145.34% | 21.08% | -0.91% | 2.59% | -12.33% | 47.52% | 15.17% | -8.96% | 5.97% |
Correlation
The correlation between DIVO and SIVR is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2016 | 0.16 |
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Return for Risk
DIVO vs. SIVR — Risk / Return Rank
DIVO
SIVR
DIVO vs. SIVR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify CWP Enhanced Dividend Income ETF (DIVO) and abrdn Physical Silver Shares ETF (SIVR). 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 | SIVR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.46 | ||
| Sortino ratioReturn per unit of downside risk | +1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.30 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.99 | 2.10 | +0.89 |
| Martin ratioReturn relative to average drawdown | 10.79 | 4.42 | +6.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DIVO | SIVR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.96 | 1.50 | +0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.53 | +0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.45 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 0.30 | +0.54 |
Drawdowns
DIVO vs. SIVR - Drawdown Comparison
The maximum DIVO drawdown since its inception was -30.04%, smaller than the maximum SIVR drawdown of -75.85%. Use the drawdown chart below to compare losses from any high point for DIVO and SIVR.
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Drawdown Indicators
| DIVO | SIVR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.04% | -75.85% | +45.81% |
Max Drawdown (1Y)Largest decline over 1 year | -5.95% | -42.42% | +36.47% |
Max Drawdown (3Y)Largest decline over 3 years | -12.12% | -42.42% | +30.30% |
Max Drawdown (5Y)Largest decline over 5 years | -13.72% | -42.42% | +28.70% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.42% | — |
Current DrawdownCurrent decline from peak | -1.27% | -41.65% | +40.38% |
Average DrawdownAverage peak-to-trough decline | -2.61% | -47.85% | +45.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 20.12% | -18.47% |
Volatility
DIVO vs. SIVR - Volatility Comparison
The current volatility for Amplify CWP Enhanced Dividend Income ETF (DIVO) is 2.30%, while abrdn Physical Silver Shares ETF (SIVR) has a volatility of 16.89%. This indicates that DIVO experiences smaller price fluctuations and is considered to be less risky than SIVR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DIVO | SIVR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.30% | 16.89% | -14.59% |
Volatility (6M)Calculated over the trailing 6-month period | 7.02% | 58.88% | -51.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.09% | 59.47% | -50.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.95% | 36.35% | -24.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.84% | 31.96% | -17.12% |
DIVO vs. SIVR - Expense Ratio Comparison
DIVO has a 0.56% expense ratio, which is higher than SIVR's 0.30% expense ratio.
Dividends
DIVO vs. SIVR - Dividend Comparison
DIVO's dividend yield for the trailing twelve months is around 6.43%, while SIVR 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% |
SIVR abrdn Physical Silver Shares ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DIVO and SIVR have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SIVR has higher volatility (16.89%) compared to DIVO (2.30%). In terms of maximum drawdown, DIVO dropped -30.04% vs SIVR's -75.85%.
On 5-year performance, SIVR leads with 19.25% vs 10.72% for DIVO. On fees, SIVR is cheaper at 0.30% per year. On volatility, DIVO has been the lower-risk option at 2.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SIVR has performed better with a 19.25% return vs 10.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SIVR is cheaper with a 0.30% expense ratio, compared with 0.56% for DIVO.
DIVO has the higher dividend yield at 6.43%, compared with 0.00% for SIVR.
DIVO is categorized as Derivative Income, while SIVR is Silver. They also come from different issuers: Amplify and abrdn. Their fees differ too: 0.56% for DIVO and 0.30% for SIVR.
DIVO currently has the higher Sharpe Ratio (1.96 vs 1.50), 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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