ETHT vs. IDVO

Last updated Jun 4, 2026

ETHT (ProShares Ultra Ether ETF) and IDVO (Amplify CWP International Enhanced Dividend Income ETF) are both exchange-traded funds - ETHT is a Cryptocurrency fund tracking the Bloomberg Ethereum Index (200%), while IDVO is a Derivative Income fund actively managed by Amplify. ETHT is passively managed, while IDVO is actively managed. Over the past year, ETHT returned -76.37% vs 35.28% for IDVO. At a 0.39 correlation, their price movements are largely independent. ETHT charges 0.94%/yr vs 0.65%/yr for IDVO.

Performance

ETHT vs. IDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Ultra Ether ETF (ETHT) and Amplify CWP International Enhanced Dividend Income ETF (IDVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETHT achieves a -72.39% return, which is significantly lower than IDVO's 14.12% return.

ETHT

• 1D: -11.32%
• 1M: -43.48%
• YTD: -72.39%
• 6M: -76.21%
• 1Y: -76.37%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IDVO

• 1D: -1.25%
• 1M: 2.08%
• YTD: 14.12%
• 6M: 14.66%
• 1Y: 35.28%
• 3Y*: 23.82%
• 5Y*: —
• 10Y*: —

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

ETHT vs. IDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ETHT ProShares Ultra Ether ETF	-72.39%	-64.86%	-41.68%
IDVO Amplify CWP International Enhanced Dividend Income ETF	14.12%	36.46%	-0.46%

Correlation

The correlation between ETHT and IDVO is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (All Time) Calculated using the full available price history since Jun 10, 2024	0.39

Return for Risk

ETHT vs. IDVO — Risk / Return Rank

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

ETHT

ETHT Risk / Return Rank: 3
ETHT Sharpe Ratio Rank: 4
ETHT Sortino Ratio Rank: 4
ETHT Omega Ratio Rank: 5
ETHT Calmar Ratio Rank: 2
ETHT Martin Ratio Rank: 3

IDVO

IDVO Risk / Return Rank: 67
IDVO Sharpe Ratio Rank: 67
IDVO Sortino Ratio Rank: 64
IDVO Omega Ratio Rank: 67
IDVO Calmar Ratio Rank: 67
IDVO Martin Ratio Rank: 70

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.

ETHT vs. IDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Ether ETF (ETHT) and Amplify CWP International Enhanced Dividend Income ETF (IDVO). 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.

	ETHT	IDVO	Difference
Sharpe ratio: Return per unit of total volatility	-0.56	2.27	-2.83
Sortino ratio: Return per unit of downside risk	-0.54	3.05	-3.59
Omega ratio: Gain probability vs. loss probability	0.94	1.41	-0.47
Calmar ratio: Return relative to maximum drawdown	-0.83	3.42	-4.25
Martin ratio: Return relative to average drawdown	-1.22	13.25	-14.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ETHT vs. IDVO - Sharpe Ratio Comparison

The current ETHT Sharpe Ratio is -0.56, which is lower than the IDVO Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of ETHT and IDVO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ETHT	IDVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.56	2.27	-2.83
Sharpe Ratio (All Time) Calculated using the full available price history	-0.54	1.38	-1.91

Drawdowns

ETHT vs. IDVO - Drawdown Comparison

The maximum ETHT drawdown since its inception was -94.34%, which is greater than IDVO's maximum drawdown of -15.46%. Use the drawdown chart below to compare losses from any high point for ETHT and IDVO.

Drawdown Indicators

	ETHT	IDVO	Difference
Max Drawdown Largest peak-to-trough decline	-94.34%	-15.46%	-78.88%
Max Drawdown (1Y) Largest decline over 1 year	-91.91%	-10.37%	-81.54%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.46%	—
Current Drawdown Current decline from peak	-94.34%	-1.25%	-93.09%
Average Drawdown Average peak-to-trough decline	-64.82%	-2.30%	-62.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	62.48%	2.67%	+59.81%

Volatility

ETHT vs. IDVO - Volatility Comparison

ProShares Ultra Ether ETF (ETHT) has a higher volatility of 20.43% compared to Amplify CWP International Enhanced Dividend Income ETF (IDVO) at 5.20%. This indicates that ETHT's price experiences larger fluctuations and is considered to be riskier than IDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ETHT	IDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.43%	5.20%	+15.23%
Volatility (6M) Calculated over the trailing 6-month period	92.88%	13.05%	+79.83%
Volatility (1Y) Calculated over the trailing 1-year period	136.57%	15.61%	+120.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	142.90%	16.36%	+126.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	142.90%	16.36%	+126.54%

ETHT vs. IDVO - Expense Ratio Comparison

ETHT has a 0.94% expense ratio, which is higher than IDVO's 0.65% expense ratio.

Dividends

ETHT vs. IDVO - Dividend Comparison

ETHT's dividend yield for the trailing twelve months is around 17.20%, more than IDVO's 5.48% yield.

Position	TTM	2025	2024	2023	2022
ETHT ProShares Ultra Ether ETF	17.20%	4.57%	0.02%	0.00%	0.00%
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.48%	5.42%	6.14%	5.72%	1.96%

Frequently Asked Questions

Can I hold both ETHT and IDVO in my portfolio?

ETHT and IDVO have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ETHT or IDVO?

ETHT has higher volatility (20.43%) compared to IDVO (5.20%). In terms of maximum drawdown, ETHT dropped -94.34% vs IDVO's -15.46%.

Which ETF is better, ETHT or IDVO?

On 1-year performance, IDVO leads with 35.28% vs -76.37% for ETHT. On fees, IDVO is cheaper at 0.65% per year. On volatility, IDVO has been the lower-risk option at 5.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ETHT or IDVO?

Over the 1-year period, IDVO has performed better with a 35.28% return vs -76.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ETHT or IDVO?

IDVO is cheaper with a 0.65% expense ratio, compared with 0.94% for ETHT.

Which ETF pays a higher dividend yield, ETHT or IDVO?

ETHT has the higher dividend yield at 17.20%, compared with 5.48% for IDVO.

What is the main difference between ETHT and IDVO?

ETHT is categorized as Cryptocurrency, while IDVO is Derivative Income. They also come from different issuers: ProShares and Amplify. Their fees differ too: 0.94% for ETHT and 0.65% for IDVO.

Which has better risk-adjusted returns?

IDVO currently has the higher Sharpe Ratio (2.27 vs -0.56), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.