HCOW vs. QDVO
Compare and contrast key facts about Amplify Cash Flow High Income ETF (HCOW) and Amplify CWP Growth & Income ETF (QDVO).
HCOW and QDVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HCOW is an actively managed fund by Amplify. It was launched on Sep 19, 2023. QDVO is an actively managed fund by Amplify. It was launched on Aug 22, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HCOW or QDVO.
Correlation
The correlation between HCOW and QDVO is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HCOW vs. QDVO - Performance Comparison
Key characteristics
HCOW:
14.84%
QDVO:
15.19%
HCOW:
-8.49%
QDVO:
-4.96%
HCOW:
-6.22%
QDVO:
-0.36%
Returns By Period
In the year-to-date period, HCOW achieves a 0.59% return, which is significantly lower than QDVO's 3.24% return.
HCOW
0.59%
-2.05%
3.22%
9.47%
N/A
N/A
QDVO
3.24%
1.33%
N/A
N/A
N/A
N/A
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HCOW vs. QDVO - Expense Ratio Comparison
HCOW has a 0.65% expense ratio, which is higher than QDVO's 0.55% expense ratio.
Risk-Adjusted Performance
HCOW vs. QDVO — Risk-Adjusted Performance Rank
HCOW
QDVO
HCOW vs. QDVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Cash Flow High Income ETF (HCOW) 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.
Not enough dataDividends
HCOW vs. QDVO - Dividend Comparison
HCOW's dividend yield for the trailing twelve months is around 8.16%, more than QDVO's 3.42% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
HCOW Amplify Cash Flow High Income ETF | 8.16% | 8.13% | 1.99% |
QDVO Amplify CWP Growth & Income ETF | 3.42% | 2.78% | 0.00% |
Drawdowns
HCOW vs. QDVO - Drawdown Comparison
The maximum HCOW drawdown since its inception was -8.49%, which is greater than QDVO's maximum drawdown of -4.96%. Use the drawdown chart below to compare losses from any high point for HCOW and QDVO. For additional features, visit the drawdowns tool.
Volatility
HCOW vs. QDVO - Volatility Comparison
The current volatility for Amplify Cash Flow High Income ETF (HCOW) is 3.13%, while Amplify CWP Growth & Income ETF (QDVO) has a volatility of 4.52%. This indicates that HCOW experiences smaller price fluctuations and is considered to be less risky than QDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.