GAMR vs. DIVO

Last updated Aug 2, 2026

GAMR (Amplify Video Game Leaders ETF) and DIVO (Amplify CWP Enhanced Dividend Income ETF) are both exchange-traded funds - GAMR is a Gaming fund tracking the VettaFi Video Game Leaders Index, while DIVO is a Derivative Income fund actively managed by Amplify. GAMR is passively managed, while DIVO is actively managed. Over the past 5 years, GAMR returned 0.86%/yr vs 10.88%/yr for DIVO. Their 0.48 correlation means their historical movements had little consistent relationship. GAMR charges 0.59%/yr vs 0.56%/yr for DIVO.

Performance

GAMR vs. DIVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Video Game Leaders ETF (GAMR) 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, GAMR achieves a 3.02% return, which is significantly lower than DIVO's 8.84% return.

GAMR

• 1D: -0.06%
• 1M: 2.45%
• 6M: 8.06%
• YTD: 3.02%
• 1Y: 6.41%
• 3Y*: 14.92%
• 5Y*: 0.86%
• 10Y*: 12.22%
• ALL TIME*: 13.42%

DIVO

• 1D: 0.43%
• 1M: 1.83%
• 6M: 4.60%
• YTD: 8.84%
• 1Y: 18.65%
• 3Y*: 15.15%
• 5Y*: 10.88%
• 10Y*: —
• ALL TIME*: 12.67%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DIVO Amplify CWP Enhanced Dividend Income ETF	$39.53M	$36.43M	$38.60M
GAMR Amplify Video Game Leaders ETF	$69.51K	$68.28K	$108.93K

GAMR vs. DIVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GAMR Amplify Video Game Leaders ETF	3.02%	39.20%	11.23%	6.89%	-36.96%	11.31%	76.83%	14.76%	-18.82%	59.47%
DIVO Amplify CWP Enhanced Dividend Income ETF	8.84%	17.40%	16.22%	6.95%	-1.46%	22.87%	12.40%	24.90%	-3.18%	21.41%

Correlation

The correlation between GAMR and DIVO is 0.40, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.40
Correlation (3Y) Balances recent behavior with more history.	0.45
Correlation (5Y) Shows whether the relationship held over a longer period.	0.48
Correlation (All Time) Calculated using the full available price history since Dec 14, 2016	0.48

GAMR vs. DIVO - Sectors Allocation Comparison

Sectors	GAMR	DIVO
Technology	66.2%	17.4%
Communication Services	19.6%	1.0%
Consumer Cyclical	11.2%	11.4%
Financial Services	0.6%	23.2%
Basic Materials	-	4.5%
Consumer Defensive	-	8.2%
Energy	-	7.2%
Healthcare	-	8.2%
Industrials	-	16.7%
Real Estate	-	-
Utilities	-	2.2%

Return for Risk

GAMR vs. DIVO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GAMR

GAMR Risk / Return Rank: 15
GAMR Sharpe Ratio Rank: 15
GAMR Sortino Ratio Rank: 15
GAMR Omega Ratio Rank: 15
GAMR Calmar Ratio Rank: 13
GAMR Martin Ratio Rank: 13

DIVO

DIVO Risk / Return Rank: 84
DIVO Sharpe Ratio Rank: 85
DIVO Sortino Ratio Rank: 87
DIVO Omega Ratio Rank: 83
DIVO Calmar Ratio Rank: 83
DIVO Martin Ratio Rank: 82

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GAMR vs. DIVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Video Game Leaders ETF (GAMR) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GAMR	DIVO	Difference
Sharpe ratio: Return per unit of total volatility	0.20	2.02	-1.82
Sortino ratio: Return per unit of downside risk	0.44	2.98	-2.54
Omega ratio: Gain probability vs. loss probability	1.05	1.36	-0.30
Calmar ratio: Return relative to maximum drawdown	0.16	3.15	-2.99
Martin ratio: Return relative to average drawdown	0.35	11.15	-10.79

GAMR vs. DIVO - Sharpe Ratio Comparison

The current GAMR Sharpe Ratio is 0.20, which is lower than the DIVO Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of GAMR 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.

Drawdowns

GAMR vs. DIVO - Drawdown Comparison

The maximum GAMR drawdown since its inception was -55.37%, which is greater than DIVO's maximum drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for GAMR and DIVO.

Drawdown Indicators

	GAMR	DIVO	Difference
Max Drawdown Largest peak-to-trough decline	-55.37%	-30.04%	-25.33%
Max Drawdown (1Y) Largest decline over 1 year	-29.36%	-5.95%	-23.41%
Max Drawdown (3Y) Largest decline over 3 years	-29.36%	-12.12%	-17.24%
Max Drawdown (5Y) Largest decline over 5 years	-50.57%	-13.72%	-36.85%
Max Drawdown (10Y) Largest decline over 10 years	-55.37%	—	—
Current Drawdown Current decline from peak	-14.16%	0.00%	-14.16%
Average Drawdown Average peak-to-trough decline	-22.03%	-2.58%	-19.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.55%	1.68%	+11.87%

Volatility

GAMR vs. DIVO - Volatility Comparison

Amplify Video Game Leaders ETF (GAMR) has a higher volatility of 6.33% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 2.57%. This indicates that GAMR'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

	GAMR	DIVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.33%	2.57%	+3.76%
Volatility (6M) Calculated over the trailing 6-month period	19.39%	7.23%	+12.16%
Volatility (1Y) Calculated over the trailing 1-year period	23.84%	9.30%	+14.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.67%	11.92%	+12.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.38%	14.77%	+9.61%

GAMR vs. DIVO - Expense Ratio Comparison

GAMR has a 0.59% expense ratio, which is higher than DIVO's 0.56% expense ratio.

Dividends

GAMR vs. DIVO - Dividend Comparison

GAMR's dividend yield for the trailing twelve months is around 0.50%, less than DIVO's 6.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIVO Amplify CWP Enhanced Dividend Income ETF	6.34%	6.44%	4.70%	4.67%	4.76%	4.79%	4.91%	8.16%	5.27%	3.83%
GAMR Amplify Video Game Leaders ETF	0.50%	0.52%	0.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GAMR and DIVO in my portfolio?

GAMR and DIVO have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GAMR or DIVO?

GAMR has higher volatility (6.33%) compared to DIVO (2.57%). In terms of maximum drawdown, GAMR dropped -55.37% vs DIVO's -30.04%.

Which ETF is better, GAMR or DIVO?

On 5-year performance, DIVO leads with 10.88% vs 0.86% for GAMR. On fees, DIVO is cheaper at 0.56% per year. On volatility, DIVO has been the lower-risk option at 2.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GAMR or DIVO?

Over the 5-year period, DIVO has performed better with a 10.88% return vs 0.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GAMR or DIVO?

DIVO is cheaper with a 0.56% expense ratio, compared with 0.59% for GAMR.

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

DIVO has the higher dividend yield at 6.34%, compared with 0.50% for GAMR.

What is the main difference between GAMR and DIVO?

GAMR is categorized as Gaming, while DIVO is Derivative Income. Their fees differ too: 0.59% for GAMR and 0.56% for DIVO.

Which has better risk-adjusted returns?

DIVO currently has the higher Sharpe Ratio (2.02 vs 0.20), 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.