DIVP vs. DIVO
Compare and contrast key facts about Cullen Enhanced Equity Income ETF (DIVP) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
DIVP and DIVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DIVP is an actively managed fund by Cullen. It was launched on Mar 6, 2024. DIVO is an actively managed fund by Amplify Investments. It was launched on Dec 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DIVP or DIVO.
Correlation
The correlation between DIVP and DIVO is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DIVP vs. DIVO - Performance Comparison
Key characteristics
DIVP:
0.35
DIVO:
0.64
DIVP:
0.56
DIVO:
0.99
DIVP:
1.08
DIVO:
1.14
DIVP:
0.38
DIVO:
0.72
DIVP:
1.45
DIVO:
3.03
DIVP:
3.25%
DIVO:
2.87%
DIVP:
13.41%
DIVO:
13.60%
DIVP:
-12.26%
DIVO:
-30.04%
DIVP:
-7.80%
DIVO:
-7.75%
Returns By Period
In the year-to-date period, DIVP achieves a -1.38% return, which is significantly higher than DIVO's -2.42% return.
DIVP
-1.38%
-5.85%
-6.71%
2.89%
N/A
N/A
DIVO
-2.42%
-3.67%
-4.40%
7.95%
12.99%
N/A
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DIVP vs. DIVO - Expense Ratio Comparison
Both DIVP and DIVO have an expense ratio of 0.55%.
Risk-Adjusted Performance
DIVP vs. DIVO — Risk-Adjusted Performance Rank
DIVP
DIVO
DIVP vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cullen Enhanced Equity Income ETF (DIVP) and Amplify CWP Enhanced Dividend Income ETF (DIVO). 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
DIVP vs. DIVO - Dividend Comparison
DIVP's dividend yield for the trailing twelve months is around 7.62%, more than DIVO's 4.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
DIVP Cullen Enhanced Equity Income ETF | 7.62% | 5.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.99% | 4.70% | 4.67% | 4.76% | 4.79% | 4.91% | 8.16% | 5.27% | 3.83% |
Drawdowns
DIVP vs. DIVO - Drawdown Comparison
The maximum DIVP drawdown since its inception was -12.26%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for DIVP and DIVO. For additional features, visit the drawdowns tool.
Volatility
DIVP vs. DIVO - Volatility Comparison
Cullen Enhanced Equity Income ETF (DIVP) and Amplify CWP Enhanced Dividend Income ETF (DIVO) have volatilities of 9.57% and 9.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.