HCOW vs. VTV

Last updated Apr 1, 2026

Compare and contrast key facts about Amplify Cash Flow High Income ETF (HCOW) and Vanguard Value ETF (VTV).

HCOW and VTV 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. VTV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Prime Market Value Index. It was launched on Jan 26, 2004.

Performance

HCOW vs. VTV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Cash Flow High Income ETF (HCOW) and Vanguard Value ETF (VTV). The values are adjusted to include any dividend payments, if applicable.

HCOW vs. VTV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HCOW Amplify Cash Flow High Income ETF	-1.90%	5.76%	7.63%	6.44%
VTV Vanguard Value ETF	3.30%	15.27%	15.95%	6.06%

Returns By Period

In the year-to-date period, HCOW achieves a -1.90% return, which is significantly lower than VTV's 3.30% return.

HCOW

• 1D: 1.72%
• 1M: -4.68%
• YTD: -1.90%
• 6M: 1.78%
• 1Y: 8.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTV

• 1D: 1.64%
• 1M: -4.81%
• YTD: 3.30%
• 6M: 6.34%
• 1Y: 16.02%
• 3Y*: 15.09%
• 5Y*: 10.86%
• 10Y*: 11.80%

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

HCOW vs. VTV - Expense Ratio Comparison

HCOW has a 0.65% expense ratio, which is higher than VTV's 0.04% expense ratio.

HCOW

Amplify Cash Flow High Income ETF

VTV

Vanguard Value ETF

Return for Risk

HCOW vs. VTV — Risk / Return Rank

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

HCOW

HCOW Risk / Return Rank: 25
HCOW Sharpe Ratio Rank: 24
HCOW Sortino Ratio Rank: 25
HCOW Omega Ratio Rank: 26
HCOW Calmar Ratio Rank: 25
HCOW Martin Ratio Rank: 27

VTV

VTV Risk / Return Rank: 67
VTV Sharpe Ratio Rank: 65
VTV Sortino Ratio Rank: 65
VTV Omega Ratio Rank: 67
VTV Calmar Ratio Rank: 65
VTV Martin Ratio Rank: 72

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.

HCOW vs. VTV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Cash Flow High Income ETF (HCOW) and Vanguard Value ETF (VTV). 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.

	HCOW	VTV	Difference
Sharpe ratio Return per unit of total volatility	0.39	1.08	-0.69
Sortino ratio Return per unit of downside risk	0.70	1.56	-0.86
Omega ratio Gain probability vs. loss probability	1.10	1.23	-0.13
Calmar ratio Return relative to maximum drawdown	0.55	1.53	-0.98
Martin ratio Return relative to average drawdown	2.09	6.93	-4.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HCOW vs. VTV - Sharpe Ratio Comparison

The current HCOW Sharpe Ratio is 0.39, which is lower than the VTV Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of HCOW and VTV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HCOW	VTV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.39	1.08	-0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.79	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.49	-0.10

Correlation

The correlation between HCOW and VTV is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

HCOW vs. VTV - Dividend Comparison

HCOW's dividend yield for the trailing twelve months is around 11.93%, more than VTV's 2.02% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HCOW Amplify Cash Flow High Income ETF	11.93%	10.88%	8.13%	1.99%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTV Vanguard Value ETF	2.02%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%

Drawdowns

HCOW vs. VTV - Drawdown Comparison

The maximum HCOW drawdown since its inception was -24.15%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for HCOW and VTV.

Drawdown Indicators

	HCOW	VTV	Difference
Max Drawdown Largest peak-to-trough decline	-24.15%	-59.27%	+35.12%
Max Drawdown (1Y) Largest decline over 1 year	-16.36%	-11.32%	-5.04%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.04%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.78%	—
Current Drawdown Current decline from peak	-4.68%	-4.81%	+0.13%
Average Drawdown Average peak-to-trough decline	-5.11%	-7.92%	+2.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.34%	2.50%	+1.84%

Volatility

HCOW vs. VTV - Volatility Comparison

Amplify Cash Flow High Income ETF (HCOW) has a higher volatility of 4.09% compared to Vanguard Value ETF (VTV) at 3.78%. This indicates that HCOW's price experiences larger fluctuations and is considered to be riskier than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HCOW	VTV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.09%	3.78%	+0.31%
Volatility (6M) Calculated over the trailing 6-month period	10.26%	7.72%	+2.54%
Volatility (1Y) Calculated over the trailing 1-year period	20.94%	14.93%	+6.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.93%	13.88%	+4.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.93%	16.67%	+1.26%