IDUB vs. IDVO

Last updated Jun 24, 2026

IDUB (Aptus International Enhanced Yield ETF) and IDVO (Amplify CWP International Enhanced Dividend Income ETF) are both exchange-traded funds - IDUB is a Long-Short fund actively managed by Aptus, while IDVO is a Derivative Income fund actively managed by Amplify. Both are actively managed. Over the past 3 years, IDUB returned 17.49%/yr vs 21.99%/yr for IDVO. Their correlation of 0.86 suggests significant overlap in exposure. IDUB charges 0.45%/yr vs 0.65%/yr for IDVO.

Performance

IDUB vs. IDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus International Enhanced Yield ETF (IDUB) and Amplify CWP International Enhanced Dividend Income ETF (IDVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDUB achieves a 14.34% return, which is significantly higher than IDVO's 11.71% return.

IDUB

• 1D: -2.69%
• 1M: 0.48%
• YTD: 14.34%
• 6M: 14.11%
• 1Y: 31.78%
• 3Y*: 17.49%
• 5Y*: —
• 10Y*: —

IDVO

• 1D: -1.65%
• 1M: -1.08%
• YTD: 11.71%
• 6M: 10.97%
• 1Y: 32.71%
• 3Y*: 21.99%
• 5Y*: —
• 10Y*: —

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

IDUB vs. IDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IDUB Aptus International Enhanced Yield ETF	14.34%	27.53%	6.12%	9.07%	1.07%
IDVO Amplify CWP International Enhanced Dividend Income ETF	11.71%	36.46%	10.16%	17.53%	6.42%

Correlation

The correlation between IDUB and IDVO is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022	0.86

The correlation between IDUB and IDVO has been stable across timeframes, ranging from 0.85 to 0.87 - a consistent structural relationship.

IDUB vs. IDVO - Sectors Allocation Comparison

Sectors	IDUB	IDVO
Financial Services	22.3%	19.9%
Technology	18.1%	10.7%
Industrials	16.1%	7.2%
Consumer Cyclical	8.4%	3.2%
Basic Materials	7.6%	17.1%
Healthcare	7.1%	7.8%
Energy	5.2%	12.5%
Consumer Defensive	5.0%	8.2%
Communication Services	4.4%	10.3%
Utilities	3.2%	3.2%
Real Estate	2.6%	-

Return for Risk

IDUB vs. IDVO — Risk / Return Rank

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

IDUB

IDUB Risk / Return Rank: 63
IDUB Sharpe Ratio Rank: 63
IDUB Sortino Ratio Rank: 62
IDUB Omega Ratio Rank: 65
IDUB Calmar Ratio Rank: 60
IDUB Martin Ratio Rank: 64

IDVO

IDVO Risk / Return Rank: 64
IDVO Sharpe Ratio Rank: 63
IDVO Sortino Ratio Rank: 60
IDVO Omega Ratio Rank: 63
IDVO Calmar Ratio Rank: 66
IDVO Martin Ratio Rank: 68

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.

IDUB vs. IDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus International Enhanced Yield ETF (IDUB) and Amplify CWP International Enhanced Dividend Income ETF (IDVO). 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.

	IDUB	IDVO	Difference
Sharpe ratio: Return per unit of total volatility	1.94	2.01	-0.06
Sortino ratio: Return per unit of downside risk	2.67	2.71	-0.04
Omega ratio: Gain probability vs. loss probability	1.36	1.37	-0.01
Calmar ratio: Return relative to maximum drawdown	2.79	3.17	-0.38
Martin ratio: Return relative to average drawdown	10.92	12.03	-1.11

IDUB vs. IDVO - Sharpe Ratio Comparison

The current IDUB Sharpe Ratio is 1.94, which is comparable to the IDVO Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of IDUB and IDVO, 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

IDUB vs. IDVO - Drawdown Comparison

The maximum IDUB drawdown since its inception was -29.20%, which is greater than IDVO's maximum drawdown of -15.46%. Use the drawdown chart below to compare losses from any high point for IDUB and IDVO.

Drawdown Indicators

	IDUB	IDVO	Difference
Max Drawdown Largest peak-to-trough decline	-29.20%	-15.46%	-13.74%
Max Drawdown (1Y) Largest decline over 1 year	-11.46%	-10.37%	-1.09%
Max Drawdown (3Y) Largest decline over 3 years	-12.88%	-15.46%	+2.58%
Current Drawdown Current decline from peak	-2.69%	-3.34%	+0.65%
Average Drawdown Average peak-to-trough decline	-11.06%	-2.30%	-8.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.92%	2.73%	+0.19%

Volatility

IDUB vs. IDVO - Volatility Comparison

Aptus International Enhanced Yield ETF (IDUB) has a higher volatility of 6.55% compared to Amplify CWP International Enhanced Dividend Income ETF (IDVO) at 6.04%. This indicates that IDUB's price experiences larger fluctuations and is considered to be riskier than IDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDUB	IDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.55%	6.04%	+0.51%
Volatility (6M) Calculated over the trailing 6-month period	14.22%	13.94%	+0.28%
Volatility (1Y) Calculated over the trailing 1-year period	16.44%	16.37%	+0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.80%	16.49%	-1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.80%	16.49%	-1.69%

IDUB vs. IDVO - Expense Ratio Comparison

IDUB has a 0.45% expense ratio, which is lower than IDVO's 0.65% expense ratio.

Dividends

IDUB vs. IDVO - Dividend Comparison

IDUB's dividend yield for the trailing twelve months is around 5.06%, less than IDVO's 5.60% yield.

Position	TTM	2025	2024	2023	2022	2021
IDUB Aptus International Enhanced Yield ETF	5.06%	4.90%	5.64%	3.71%	2.62%	1.38%
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.60%	5.42%	6.14%	5.72%	1.96%	0.00%

Frequently Asked Questions

Can I hold both IDUB and IDVO in my portfolio?

IDUB and IDVO have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDUB or IDVO?

IDUB has higher volatility (6.55%) compared to IDVO (6.04%). In terms of maximum drawdown, IDUB dropped -29.20% vs IDVO's -15.46%.

Which ETF is better, IDUB or IDVO?

On 3-year performance, IDVO leads with 21.99% vs 17.49% for IDUB. On fees, IDUB is cheaper at 0.45% per year. On volatility, IDVO has been the lower-risk option at 6.04%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDUB or IDVO?

Over the 3-year period, IDVO has performed better with a 21.99% return vs 17.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDUB or IDVO?

IDUB is cheaper with a 0.45% expense ratio, compared with 0.65% for IDVO.

Which ETF pays a higher dividend yield, IDUB or IDVO?

IDVO has the higher dividend yield at 5.60%, compared with 5.06% for IDUB.

What is the main difference between IDUB and IDVO?

IDUB is categorized as Long-Short, while IDVO is Derivative Income. They also come from different issuers: Aptus and Amplify. Their fees differ too: 0.45% for IDUB and 0.65% for IDVO.

Which has better risk-adjusted returns?

IDVO currently has the higher Sharpe Ratio (2.01 vs 1.94), 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.