GECC vs. DIVO
GECC (Great Elm Capital Corp.) is a stock, while DIVO (Amplify CWP Enhanced Dividend Income ETF) is Derivative Income fund actively managed by Amplify. Over the past 5 years, GECC returned -9.76%/yr vs 10.94%/yr for DIVO. At a 0.14 correlation, their price movements are largely independent.
Performance
GECC vs. DIVO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GECC achieves a -10.06% return, which is significantly lower than DIVO's 5.40% return.
GECC
- 1D
- 2.60%
- 1M
- 5.01%
- YTD
- -10.06%
- 6M
- -7.09%
- 1Y
- -33.33%
- 3Y*
- 6.39%
- 5Y*
- -9.76%
- 10Y*
- —
DIVO
- 1D
- -0.04%
- 1M
- -0.03%
- YTD
- 5.40%
- 6M
- 4.24%
- 1Y
- 17.37%
- 3Y*
- 15.15%
- 5Y*
- 10.94%
- 10Y*
- —
GECC vs. DIVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GECC Great Elm Capital Corp. | -10.06% | -25.44% | 18.85% | 50.81% | -47.39% | -4.46% | -36.93% | 12.30% | -11.10% | -7.41% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 5.40% | 17.40% | 16.22% | 6.95% | -1.46% | 22.87% | 12.40% | 24.90% | -3.18% | 21.41% |
Correlation
The correlation between GECC and DIVO is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2016 | 0.14 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GECC vs. DIVO — Risk / Return Rank
GECC
DIVO
GECC vs. DIVO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Great Elm Capital Corp. (GECC) 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.
| GECC | DIVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.73 | ||
| Sortino ratioReturn per unit of downside risk | -3.82 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.33 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.62 | 2.93 | -3.55 |
| Martin ratioReturn relative to average drawdown | -0.97 | 10.48 | -11.46 |
Loading charts...
Drawdowns
GECC vs. DIVO - Drawdown Comparison
The maximum GECC drawdown since its inception was -74.01%, which is greater than DIVO's maximum drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for GECC and DIVO.
Loading charts...
Drawdown Indicators
| GECC | DIVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.01% | -30.04% | -43.97% |
Max Drawdown (1Y)Largest decline over 1 year | -53.97% | -5.95% | -48.02% |
Max Drawdown (3Y)Largest decline over 3 years | -53.97% | -12.12% | -41.85% |
Max Drawdown (5Y)Largest decline over 5 years | -56.35% | -13.72% | -42.63% |
Current DrawdownCurrent decline from peak | -66.23% | -1.61% | -64.62% |
Average DrawdownAverage peak-to-trough decline | -40.48% | -2.60% | -37.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.25% | 1.66% | +32.59% |
Volatility
GECC vs. DIVO - Volatility Comparison
Great Elm Capital Corp. (GECC) has a higher volatility of 13.31% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 2.94%. This indicates that GECC'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 charts...
Volatility by Period
| GECC | DIVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.31% | 2.94% | +10.37% |
Volatility (6M)Calculated over the trailing 6-month period | 30.57% | 7.14% | +23.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.44% | 9.21% | +31.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.66% | 11.95% | +18.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.02% | 14.82% | +22.20% |
Dividends
GECC vs. DIVO - Dividend Comparison
GECC's dividend yield for the trailing twelve months is around 27.52%, more than DIVO's 6.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DIVO Amplify CWP Enhanced Dividend Income ETF | 6.43% | 6.44% | 4.70% | 4.67% | 4.76% | 4.79% | 4.91% | 8.16% | 5.27% | 3.83% | 0.00% |
GECC Great Elm Capital Corp. | 27.52% | 21.01% | 13.19% | 14.09% | 23.52% | 12.99% | 31.60% | 13.44% | 12.69% | 10.12% | 1.42% |
Frequently Asked Questions
GECC and DIVO have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GECC has higher volatility (13.31%) compared to DIVO (2.94%). In terms of maximum drawdown, GECC dropped -74.01% vs DIVO's -30.04%.
DIVO currently has the higher Sharpe Ratio (1.90 vs -0.83), 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.
Find the right allocation for GECC and DIVO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer