IDVO vs. 1816.HK

Last updated Jul 21, 2026

IDVO (Amplify CWP International Enhanced Dividend Income ETF) is Derivative Income fund actively managed by Amplify, while 1816.HK (CGN Power) is a stock. Over the past 3 years, IDVO returned 20.92%/yr vs 19.07%/yr for 1816.HK. At a 0.05 correlation, their price movements are largely independent.

Performance

IDVO vs. 1816.HK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify CWP International Enhanced Dividend Income ETF (IDVO) and CGN Power (1816.HK). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

IDVO is traded in USD, while 1816.HK is traded in HKD. To make them comparable, the 1816.HK values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, IDVO achieves a 12.22% return, which is significantly higher than 1816.HK's 0.63% return.

IDVO

• 1D: -0.38%
• 1M: -0.99%
• 6M: 4.02%
• YTD: 12.22%
• 1Y: 30.16%
• 3Y*: 20.92%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.32%

1816.HK

• 1D: 5.52%
• 1M: 0.34%
• 6M: -5.63%
• YTD: 0.63%
• 1Y: 4.32%
• 3Y*: 19.07%
• 5Y*: 15.82%
• 10Y*: 6.60%
• ALL TIME*: 2.07%

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

IDVO vs. 1816.HK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IDVO Amplify CWP International Enhanced Dividend Income ETF	12.22%	36.46%	10.16%	17.53%	6.42%
1816.HK CGN Power	0.63%	6.86%	45.27%	15.27%	-1.60%

Correlation

The correlation between IDVO and 1816.HK is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022	0.05

Return for Risk

IDVO vs. 1816.HK — Risk / Return Rank

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

IDVO

IDVO Risk / Return Rank: 76
IDVO Sharpe Ratio Rank: 78
IDVO Sortino Ratio Rank: 74
IDVO Omega Ratio Rank: 76
IDVO Calmar Ratio Rank: 77
IDVO Martin Ratio Rank: 78

1816.HK

1816.HK Risk / Return Rank: 49
1816.HK Sharpe Ratio Rank: 52
1816.HK Sortino Ratio Rank: 46
1816.HK Omega Ratio Rank: 44
1816.HK Calmar Ratio Rank: 50
1816.HK Martin Ratio Rank: 52

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.

IDVO vs. 1816.HK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CWP International Enhanced Dividend Income ETF (IDVO) and CGN Power (1816.HK). 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.

	IDVO	1816.HK	Difference
Sharpe ratio: Return per unit of total volatility	1.85	0.17	+1.68
Sortino ratio: Return per unit of downside risk	2.50	0.47	+2.03
Omega ratio: Gain probability vs. loss probability	1.33	1.05	+0.28
Calmar ratio: Return relative to maximum drawdown	2.92	0.16	+2.76
Martin ratio: Return relative to average drawdown	10.74	0.44	+10.31

IDVO vs. 1816.HK - Sharpe Ratio Comparison

The current IDVO Sharpe Ratio is 1.85, which is higher than the 1816.HK Sharpe Ratio of 0.17. The chart below compares the historical Sharpe Ratios of IDVO and 1816.HK, 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

IDVO vs. 1816.HK - Drawdown Comparison

The maximum IDVO drawdown since its inception was -15.46%, smaller than the maximum 1816.HK drawdown of -68.30%. Use the drawdown chart below to compare losses from any high point for IDVO and 1816.HK.

Drawdown Indicators

	IDVO	1816.HK	Difference
Max Drawdown Largest peak-to-trough decline	-15.46%	-68.30%	+52.84%
Max Drawdown (1Y) Largest decline over 1 year	-10.37%	-27.17%	+16.80%
Max Drawdown (3Y) Largest decline over 3 years	-15.46%	-35.10%	+19.64%
Max Drawdown (5Y) Largest decline over 5 years	—	-35.10%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.10%	—
Current Drawdown Current decline from peak	-2.90%	-20.80%	+17.90%
Average Drawdown Average peak-to-trough decline	-2.30%	-46.90%	+44.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	10.08%	-7.27%

Volatility

IDVO vs. 1816.HK - Volatility Comparison

The current volatility for Amplify CWP International Enhanced Dividend Income ETF (IDVO) is 3.51%, while CGN Power (1816.HK) has a volatility of 8.03%. This indicates that IDVO experiences smaller price fluctuations and is considered to be less risky than 1816.HK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDVO	1816.HK	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.51%	8.03%	-4.52%
Volatility (6M) Calculated over the trailing 6-month period	13.81%	20.18%	-6.37%
Volatility (1Y) Calculated over the trailing 1-year period	16.45%	26.56%	-10.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.40%	30.39%	-13.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.40%	26.54%	-10.14%

Dividends

IDVO vs. 1816.HK - Dividend Comparison

IDVO's dividend yield for the trailing twelve months is around 5.69%, more than 1816.HK's 3.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
1816.HK CGN Power	3.42%	3.52%	3.62%	4.74%	5.31%	4.08%	4.97%	4.05%	4.48%	2.73%	2.34%	0.11%
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.69%	5.42%	6.14%	5.72%	1.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IDVO and 1816.HK in my portfolio?

IDVO and 1816.HK have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.