DIVO vs. USD=X

Last updated Jun 9, 2026

DIVO (Amplify CWP Enhanced Dividend Income ETF) is Derivative Income fund actively managed by Amplify, while USD=X (USD Cash) is a currency. Over the past 5 years, DIVO returned 10.72%/yr vs 0.00%/yr for USD=X.

Performance

DIVO vs. USD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify CWP Enhanced Dividend Income ETF (DIVO) and USD Cash (USD=X). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DIVO

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

USD=X

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: 0.00%
• 3Y*: 0.00%
• 5Y*: 0.00%
• 10Y*: 0.00%

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

DIVO vs. USD=X - 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%
USD=X USD Cash	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Return for Risk

DIVO vs. USD=X — 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

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. USD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CWP Enhanced Dividend Income ETF (DIVO) and USD Cash (USD=X). 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	USD=X	Difference
Sharpe ratio: Return per unit of total volatility	1.96	—	—
Sortino ratio: Return per unit of downside risk	2.91	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.99	—	—
Martin ratio: Return relative to average drawdown	10.79	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DIVO	USD=X	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.96	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	—	—

Drawdowns

DIVO vs. USD=X - Drawdown Comparison

The maximum DIVO drawdown since its inception was -30.04%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for DIVO and USD=X.

Drawdown Indicators

	DIVO	USD=X	Difference
Max Drawdown Largest peak-to-trough decline	-30.04%	0.00%	-30.04%
Max Drawdown (1Y) Largest decline over 1 year	-5.95%	0.00%	-5.95%
Max Drawdown (3Y) Largest decline over 3 years	-12.12%	0.00%	-12.12%
Max Drawdown (5Y) Largest decline over 5 years	-13.72%	0.00%	-13.72%
Max Drawdown (10Y) Largest decline over 10 years	—	0.00%	—
Current Drawdown Current decline from peak	-1.27%	0.00%	-1.27%
Average Drawdown Average peak-to-trough decline	-2.61%	0.00%	-2.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	0.00%	+1.65%

Volatility

DIVO vs. USD=X - Volatility Comparison

Amplify CWP Enhanced Dividend Income ETF (DIVO) has a higher volatility of 2.30% compared to USD Cash (USD=X) at 0.00%. This indicates that DIVO's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVO	USD=X	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.30%	0.00%	+2.30%
Volatility (6M) Calculated over the trailing 6-month period	7.02%	0.00%	+7.02%
Volatility (1Y) Calculated over the trailing 1-year period	9.09%	0.00%	+9.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.95%	0.00%	+11.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.84%	0.00%	+14.84%

Frequently Asked Questions

Which is riskier, DIVO or USD=X?

DIVO has higher volatility (2.30%) compared to USD=X (0.00%). In terms of maximum drawdown, DIVO dropped -30.04% vs USD=X's 0.00%.