IBHC vs. DIVO
Compare and contrast key facts about iShares iBonds 2023 Term High Yield & Income ETF (IBHC) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
IBHC and DIVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBHC is a passively managed fund by iShares that tracks the performance of the Bloomberg 2023 Term High Yield and Income Index. It was launched on May 7, 2019. DIVO is an actively managed fund by Amplify Investments. It was launched on Dec 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBHC or DIVO.
Key characteristics
| IBHC | DIVO |
|---|
Correlation
The correlation between IBHC and DIVO is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IBHC vs. DIVO - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IBHC vs. DIVO - Expense Ratio Comparison
IBHC has a 0.35% expense ratio, which is lower than DIVO's 0.55% expense ratio.
Risk-Adjusted Performance
IBHC vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 2023 Term High Yield & Income ETF (IBHC) 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.
Dividends
IBHC vs. DIVO - Dividend Comparison
IBHC has not paid dividends to shareholders, while DIVO's dividend yield for the trailing twelve months is around 4.42%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
IBHC iShares iBonds 2023 Term High Yield & Income ETF | 0.41% | 4.16% | 3.02% | 4.27% | 5.51% | 3.68% | 0.00% | 0.00% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.42% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% |
Drawdowns
IBHC vs. DIVO - Drawdown Comparison
Volatility
IBHC vs. DIVO - Volatility Comparison
The current volatility for iShares iBonds 2023 Term High Yield & Income ETF (IBHC) is 0.00%, while Amplify CWP Enhanced Dividend Income ETF (DIVO) has a volatility of 3.49%. This indicates that IBHC experiences smaller price fluctuations and is considered to be less risky than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.