Correlation
The correlation between DRDIX and DIVO is 0.79, 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.
DRDIX vs. DIVO
Compare and contrast key facts about Dearborn Partners Rising Dividend Fund (DRDIX) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
DRDIX is managed by Dearborn Partners. It was launched on Apr 10, 2013. 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: DRDIX or DIVO.
Performance
DRDIX vs. DIVO - Performance Comparison
Loading data...
Key characteristics
DRDIX:
1.01
DIVO:
0.97
DRDIX:
1.40
DIVO:
1.36
DRDIX:
1.20
DIVO:
1.20
DRDIX:
1.10
DIVO:
1.05
DRDIX:
4.41
DIVO:
3.97
DRDIX:
3.11%
DIVO:
3.21%
DRDIX:
14.56%
DIVO:
14.07%
DRDIX:
-31.36%
DIVO:
-30.04%
DRDIX:
-2.23%
DIVO:
-1.89%
Returns By Period
The year-to-date returns for both investments are quite close, with DRDIX having a 3.73% return and DIVO slightly higher at 3.79%.
DRDIX
3.73%
2.01%
-2.23%
14.66%
9.62%
11.11%
9.99%
DIVO
3.79%
3.42%
-1.53%
13.53%
9.75%
13.22%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DRDIX vs. DIVO - Expense Ratio Comparison
DRDIX has a 0.95% expense ratio, which is higher than DIVO's 0.55% expense ratio.
Risk-Adjusted Performance
DRDIX vs. DIVO — Risk-Adjusted Performance Rank
DRDIX
DIVO
DRDIX vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dearborn Partners Rising Dividend Fund (DRDIX) 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.
Loading data...
Dividends
DRDIX vs. DIVO - Dividend Comparison
DRDIX's dividend yield for the trailing twelve months is around 5.56%, more than DIVO's 4.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRDIX Dearborn Partners Rising Dividend Fund | 5.56% | 6.18% | 0.81% | 1.89% | 2.49% | 1.21% | 1.47% | 1.55% | 1.74% | 1.11% | 1.52% | 1.74% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.76% | 4.70% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% | 0.00% | 0.00% | 0.00% |
Drawdowns
DRDIX vs. DIVO - Drawdown Comparison
The maximum DRDIX drawdown since its inception was -31.36%, roughly equal to the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for DRDIX and DIVO.
Loading data...
Volatility
DRDIX vs. DIVO - Volatility Comparison
Dearborn Partners Rising Dividend Fund (DRDIX) has a higher volatility of 3.50% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 3.09%. This indicates that DRDIX's price experiences larger fluctuations and is considered to be riskier than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...