EHY vs. QDVO

Last updated Jun 4, 2026

EHY (Amplify Ethereum Max Income Covered Call ETF) and QDVO (Amplify CWP Growth & Income ETF) are both exchange-traded funds - EHY is a Cryptocurrency fund actively managed by Amplify, while QDVO is a Derivative Income fund actively managed by Amplify. Both are actively managed. A 0.56 correlation means they provide meaningful diversification when combined. EHY charges 0.75%/yr vs 0.56%/yr for QDVO.

Performance

EHY vs. QDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Ethereum Max Income Covered Call ETF (EHY) and Amplify CWP Growth & Income ETF (QDVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EHY achieves a -38.15% return, which is significantly lower than QDVO's 9.80% return.

EHY

• 1D: -6.90%
• 1M: -26.11%
• YTD: -38.15%
• 6M: -36.98%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QDVO

• 1D: -0.55%
• 1M: 4.45%
• YTD: 9.80%
• 6M: 9.65%
• 1Y: 27.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EHY vs. QDVO - Yearly Performance Comparison

	2026 (YTD)	2025
EHY Amplify Ethereum Max Income Covered Call ETF	-38.15%	-25.71%
QDVO Amplify CWP Growth & Income ETF	9.80%	1.03%

Correlation

The correlation between EHY and QDVO is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 10, 2025	0.56

Return for Risk

EHY vs. QDVO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QDVO

QDVO Risk / Return Rank: 62
QDVO Sharpe Ratio Rank: 66
QDVO Sortino Ratio Rank: 65
QDVO Omega Ratio Rank: 64
QDVO Calmar Ratio Rank: 53
QDVO Martin Ratio Rank: 60

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.

EHY vs. QDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Ethereum Max Income Covered Call ETF (EHY) and Amplify CWP Growth & Income ETF (QDVO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EHY	QDVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.21	1.41	-2.62

Drawdowns

EHY vs. QDVO - Drawdown Comparison

The maximum EHY drawdown since its inception was -54.05%, which is greater than QDVO's maximum drawdown of -17.75%. Use the drawdown chart below to compare losses from any high point for EHY and QDVO.

Drawdown Indicators

	EHY	QDVO	Difference
Max Drawdown Largest peak-to-trough decline	-54.05%	-17.75%	-36.30%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.21%	—
Current Drawdown Current decline from peak	-54.05%	-0.94%	-53.11%
Average Drawdown Average peak-to-trough decline	-33.13%	-2.37%	-30.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.51%	—

Volatility

Volatility by Period

	EHY	QDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	58.36%	12.22%	+46.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.36%	17.44%	+40.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.36%	17.44%	+40.92%

EHY vs. QDVO - Expense Ratio Comparison

EHY has a 0.75% expense ratio, which is higher than QDVO's 0.56% expense ratio.

Dividends

EHY vs. QDVO - Dividend Comparison

EHY's dividend yield for the trailing twelve months is around 48.29%, more than QDVO's 10.12% yield.

Position	TTM	2025	2024
EHY Amplify Ethereum Max Income Covered Call ETF	48.29%	8.87%	0.00%
QDVO Amplify CWP Growth & Income ETF	10.12%	9.92%	2.79%

Frequently Asked Questions

Can I hold both EHY and QDVO in my portfolio?

EHY and QDVO have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EHY or QDVO?

On fees, QDVO is cheaper at 0.56% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EHY or QDVO?

QDVO is cheaper with a 0.56% expense ratio, compared with 0.75% for EHY.

Which ETF pays a higher dividend yield, EHY or QDVO?

EHY has the higher dividend yield at 48.29%, compared with 10.12% for QDVO.

What is the main difference between EHY and QDVO?

EHY is categorized as Cryptocurrency, while QDVO is Derivative Income. Their fees differ too: 0.75% for EHY and 0.56% for QDVO.