FEAT vs. DIVO

Last updated Jun 4, 2026

FEAT (YieldMax Dorsey Wright Featured 5 Income ETF) and DIVO (Amplify CWP Enhanced Dividend Income ETF) are both Derivative Income funds. FEAT is passively managed, while DIVO is actively managed. Over the past year, FEAT returned -8.68% vs 18.37% for DIVO. At a 0.46 correlation, their price movements are largely independent. FEAT charges 1.28%/yr vs 0.56%/yr for DIVO.

Performance

FEAT vs. DIVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Dorsey Wright Featured 5 Income ETF (FEAT) and Amplify CWP Enhanced Dividend Income ETF (DIVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FEAT achieves a -6.90% return, which is significantly lower than DIVO's 5.53% return.

FEAT

• 1D: -1.95%
• 1M: -1.13%
• YTD: -6.90%
• 6M: -9.68%
• 1Y: -8.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DIVO

• 1D: -0.54%
• 1M: 2.34%
• YTD: 5.53%
• 6M: 5.82%
• 1Y: 18.37%
• 3Y*: 15.35%
• 5Y*: 10.61%
• 10Y*: —

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

FEAT vs. DIVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FEAT YieldMax Dorsey Wright Featured 5 Income ETF	-6.90%	-4.21%	-9.09%
DIVO Amplify CWP Enhanced Dividend Income ETF	5.53%	17.40%	-1.73%

Correlation

The correlation between FEAT and DIVO is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.37
Correlation (All Time) Calculated using the full available price history since Dec 18, 2024	0.46

Return for Risk

FEAT vs. DIVO — Risk / Return Rank

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

FEAT

FEAT Risk / Return Rank: 6
FEAT Sharpe Ratio Rank: 6
FEAT Sortino Ratio Rank: 6
FEAT Omega Ratio Rank: 6
FEAT Calmar Ratio Rank: 6
FEAT Martin Ratio Rank: 6

DIVO

DIVO Risk / Return Rank: 61
DIVO Sharpe Ratio Rank: 59
DIVO Sortino Ratio Rank: 64
DIVO Omega Ratio Rank: 58
DIVO Calmar Ratio Rank: 61
DIVO Martin Ratio Rank: 61

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.

FEAT vs. DIVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Dorsey Wright Featured 5 Income ETF (FEAT) 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.

	FEAT	DIVO	Difference
Sharpe ratio: Return per unit of total volatility	-0.31	2.06	-2.37
Sortino ratio: Return per unit of downside risk	-0.24	3.05	-3.30
Omega ratio: Gain probability vs. loss probability	0.97	1.36	-0.39
Calmar ratio: Return relative to maximum drawdown	-0.28	3.10	-3.38
Martin ratio: Return relative to average drawdown	-0.56	11.21	-11.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FEAT vs. DIVO - Sharpe Ratio Comparison

The current FEAT Sharpe Ratio is -0.31, which is lower than the DIVO Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of FEAT and DIVO, 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

	FEAT	DIVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.31	2.06	-2.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.45	0.85	-1.29

Drawdowns

FEAT vs. DIVO - Drawdown Comparison

The maximum FEAT drawdown since its inception was -31.68%, which is greater than DIVO's maximum drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for FEAT and DIVO.

Drawdown Indicators

	FEAT	DIVO	Difference
Max Drawdown Largest peak-to-trough decline	-31.68%	-30.04%	-1.64%
Max Drawdown (1Y) Largest decline over 1 year	-31.68%	-5.95%	-25.73%
Max Drawdown (3Y) Largest decline over 3 years	—	-12.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.72%	—
Current Drawdown Current decline from peak	-20.14%	-0.82%	-19.32%
Average Drawdown Average peak-to-trough decline	-13.20%	-2.61%	-10.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.65%	1.64%	+14.01%

Volatility

FEAT vs. DIVO - Volatility Comparison

YieldMax Dorsey Wright Featured 5 Income ETF (FEAT) has a higher volatility of 6.90% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 2.01%. This indicates that FEAT'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.

Volatility by Period

	FEAT	DIVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.90%	2.01%	+4.89%
Volatility (6M) Calculated over the trailing 6-month period	19.55%	6.88%	+12.67%
Volatility (1Y) Calculated over the trailing 1-year period	27.94%	8.97%	+18.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.33%	11.94%	+18.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.33%	14.84%	+15.49%

FEAT vs. DIVO - Expense Ratio Comparison

FEAT has a 1.28% expense ratio, which is higher than DIVO's 0.56% expense ratio.

Dividends

FEAT vs. DIVO - Dividend Comparison

FEAT's dividend yield for the trailing twelve months is around 89.83%, more than DIVO's 6.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIVO Amplify CWP Enhanced Dividend Income ETF	6.42%	6.44%	4.70%	4.67%	4.76%	4.79%	4.91%	8.16%	5.27%	3.83%
FEAT YieldMax Dorsey Wright Featured 5 Income ETF	89.83%	76.35%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FEAT and DIVO in my portfolio?

FEAT and DIVO have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FEAT or DIVO?

FEAT has higher volatility (6.90%) compared to DIVO (2.01%). In terms of maximum drawdown, FEAT dropped -31.68% vs DIVO's -30.04%.

Which ETF is better, FEAT or DIVO?

On 1-year performance, DIVO leads with 18.37% vs -8.68% for FEAT. On fees, DIVO is cheaper at 0.56% per year. On volatility, DIVO has been the lower-risk option at 2.01%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FEAT or DIVO?

Over the 1-year period, DIVO has performed better with a 18.37% return vs -8.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FEAT or DIVO?

DIVO is cheaper with a 0.56% expense ratio, compared with 1.28% for FEAT.

Which ETF pays a higher dividend yield, FEAT or DIVO?

FEAT has the higher dividend yield at 89.83%, compared with 6.42% for DIVO.

What is the main difference between FEAT and DIVO?

They also come from different issuers: YieldMax and Amplify. Their fees differ too: 1.28% for FEAT and 0.56% for DIVO.

Which has better risk-adjusted returns?

DIVO currently has the higher Sharpe Ratio (2.06 vs -0.31), 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.