IDVO vs. AMZN

Last updated Jun 9, 2026

IDVO (Amplify CWP International Enhanced Dividend Income ETF) is Derivative Income fund actively managed by Amplify, while AMZN (Amazon.com, Inc) is a stock. Over the past 3 years, IDVO returned 22.06%/yr vs 25.71%/yr for AMZN. At a 0.45 correlation, their price movements are largely independent.

Performance

IDVO vs. AMZN - Performance Comparison

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

Returns By Period

In the year-to-date period, IDVO achieves a 11.49% return, which is significantly higher than AMZN's 6.24% return.

IDVO

• 1D: 0.24%
• 1M: -2.10%
• YTD: 11.49%
• 6M: 12.59%
• 1Y: 31.78%
• 3Y*: 22.06%
• 5Y*: —
• 10Y*: —

AMZN

• 1D: -0.33%
• 1M: -10.07%
• YTD: 6.24%
• 6M: 8.08%
• 1Y: 14.82%
• 3Y*: 25.71%
• 5Y*: 8.37%
• 10Y*: 21.19%

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

IDVO vs. AMZN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IDVO Amplify CWP International Enhanced Dividend Income ETF	11.49%	36.46%	10.16%	17.53%	6.42%
AMZN Amazon.com, Inc	6.24%	5.21%	44.39%	80.88%	-35.13%

Correlation

The correlation between IDVO and AMZN is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022	0.45

Return for Risk

IDVO vs. AMZN — Risk / Return Rank

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

IDVO

IDVO Risk / Return Rank: 67
IDVO Sharpe Ratio Rank: 67
IDVO Sortino Ratio Rank: 64
IDVO Omega Ratio Rank: 67
IDVO Calmar Ratio Rank: 68
IDVO Martin Ratio Rank: 70

AMZN

AMZN Risk / Return Rank: 56
AMZN Sharpe Ratio Rank: 59
AMZN Sortino Ratio Rank: 53
AMZN Omega Ratio Rank: 51
AMZN Calmar Ratio Rank: 58
AMZN Martin Ratio Rank: 59

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. AMZN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CWP International Enhanced Dividend Income ETF (IDVO) and Amazon.com, Inc (AMZN). 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.

	IDVO	AMZN	Difference
Sharpe ratio: Return per unit of total volatility	2.00	0.49	+1.50
Sortino ratio: Return per unit of downside risk	2.67	0.89	+1.78
Omega ratio: Gain probability vs. loss probability	1.36	1.11	+0.25
Calmar ratio: Return relative to maximum drawdown	3.08	0.68	+2.39
Martin ratio: Return relative to average drawdown	11.84	1.64	+10.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDVO vs. AMZN - Sharpe Ratio Comparison

The current IDVO Sharpe Ratio is 2.00, which is higher than the AMZN Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of IDVO and AMZN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IDVO	AMZN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.00	0.49	+1.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.24	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.32	0.56	+0.76

Drawdowns

IDVO vs. AMZN - Drawdown Comparison

The maximum IDVO drawdown since its inception was -15.46%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for IDVO and AMZN.

Drawdown Indicators

	IDVO	AMZN	Difference
Max Drawdown Largest peak-to-trough decline	-15.46%	-94.40%	+78.94%
Max Drawdown (1Y) Largest decline over 1 year	-10.37%	-21.74%	+11.37%
Max Drawdown (3Y) Largest decline over 3 years	-15.46%	-30.88%	+15.42%
Max Drawdown (5Y) Largest decline over 5 years	—	-56.15%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-56.15%	—
Current Drawdown Current decline from peak	-3.52%	-10.83%	+7.31%
Average Drawdown Average peak-to-trough decline	-2.30%	-28.12%	+25.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	9.08%	-6.39%

Volatility

IDVO vs. AMZN - Volatility Comparison

The current volatility for Amplify CWP International Enhanced Dividend Income ETF (IDVO) is 5.30%, while Amazon.com, Inc (AMZN) has a volatility of 7.80%. This indicates that IDVO experiences smaller price fluctuations and is considered to be less risky than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDVO	AMZN	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.30%	7.80%	-2.50%
Volatility (6M) Calculated over the trailing 6-month period	13.50%	20.58%	-7.08%
Volatility (1Y) Calculated over the trailing 1-year period	16.02%	30.13%	-14.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.43%	35.53%	-19.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.43%	32.48%	-16.05%

Dividends

IDVO vs. AMZN - Dividend Comparison

IDVO's dividend yield for the trailing twelve months is around 5.61%, while AMZN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
AMZN Amazon.com, Inc	0.00%	0.00%	0.00%	0.00%	0.00%
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.61%	5.42%	6.14%	5.72%	1.96%

Frequently Asked Questions

Can I hold both IDVO and AMZN in my portfolio?

IDVO and AMZN have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDVO or AMZN?

AMZN has higher volatility (7.80%) compared to IDVO (5.30%). In terms of maximum drawdown, IDVO dropped -15.46% vs AMZN's -94.40%.

Which has better risk-adjusted returns?

IDVO currently has the higher Sharpe Ratio (2.00 vs 0.49), 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.