DIVO vs. SVOL
Compare and contrast key facts about Amplify CWP Enhanced Dividend Income ETF (DIVO) and Simplify Volatility Premium ETF (SVOL).
DIVO and SVOL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DIVO is an actively managed fund by Amplify Investments. It was launched on Dec 14, 2016. SVOL is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DIVO or SVOL.
Performance
DIVO vs. SVOL - Performance Comparison
Returns By Period
In the year-to-date period, DIVO achieves a 18.05% return, which is significantly higher than SVOL's 8.31% return.
DIVO
18.05%
-0.49%
8.12%
23.74%
12.00%
N/A
SVOL
8.31%
0.95%
1.96%
10.89%
N/A
N/A
Key characteristics
| DIVO | SVOL | |
|---|---|---|
| Sharpe Ratio | 2.67 | 0.93 |
| Sortino Ratio | 3.88 | 1.28 |
| Omega Ratio | 1.49 | 1.23 |
| Calmar Ratio | 4.29 | 1.03 |
| Martin Ratio | 17.25 | 6.68 |
| Ulcer Index | 1.36% | 1.67% |
| Daily Std Dev | 8.78% | 11.99% |
| Max Drawdown | -30.04% | -15.68% |
| Current Drawdown | -1.33% | -1.41% |
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DIVO vs. SVOL - Expense Ratio Comparison
DIVO has a 0.55% expense ratio, which is higher than SVOL's 0.50% expense ratio.
Correlation
The correlation between DIVO and SVOL is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
DIVO vs. SVOL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify CWP Enhanced Dividend Income ETF (DIVO) and Simplify Volatility Premium ETF (SVOL). 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.
Dividends
DIVO vs. SVOL - Dividend Comparison
DIVO's dividend yield for the trailing twelve months is around 4.47%, less than SVOL's 16.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.47% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% |
SVOL Simplify Volatility Premium ETF | 16.50% | 16.37% | 18.31% | 4.65% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DIVO vs. SVOL - Drawdown Comparison
The maximum DIVO drawdown since its inception was -30.04%, which is greater than SVOL's maximum drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for DIVO and SVOL. For additional features, visit the drawdowns tool.
Volatility
DIVO vs. SVOL - Volatility Comparison
The current volatility for Amplify CWP Enhanced Dividend Income ETF (DIVO) is 3.34%, while Simplify Volatility Premium ETF (SVOL) has a volatility of 3.58%. This indicates that DIVO experiences smaller price fluctuations and is considered to be less risky than SVOL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.