PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
IDVO vs. DEW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IDVO and DEW is 0.78, 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.


-0.50.00.51.00.8

Performance

IDVO vs. DEW - Performance Comparison

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

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
2.27%
7.75%
IDVO
DEW

Key characteristics

Sharpe Ratio

IDVO:

0.84

DEW:

1.22

Sortino Ratio

IDVO:

1.19

DEW:

1.67

Omega Ratio

IDVO:

1.15

DEW:

1.22

Calmar Ratio

IDVO:

1.20

DEW:

2.04

Martin Ratio

IDVO:

4.49

DEW:

6.44

Ulcer Index

IDVO:

2.46%

DEW:

1.92%

Daily Std Dev

IDVO:

13.16%

DEW:

10.12%

Max Drawdown

IDVO:

-11.00%

DEW:

-65.55%

Current Drawdown

IDVO:

-2.84%

DEW:

-4.38%

Returns By Period

In the year-to-date period, IDVO achieves a 11.40% return, which is significantly lower than DEW's 12.26% return.


IDVO

YTD

11.40%

1M

-0.92%

6M

2.27%

1Y

10.94%

5Y*

N/A

10Y*

N/A

DEW

YTD

12.26%

1M

-3.83%

6M

7.75%

1Y

12.14%

5Y*

6.00%

10Y*

5.82%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


IDVO vs. DEW - Expense Ratio Comparison

IDVO has a 0.65% expense ratio, which is higher than DEW's 0.58% expense ratio.


IDVO
Amplify International Enhanced Dividend Income ETF
Expense ratio chart for IDVO: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for DEW: current value at 0.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.58%

Risk-Adjusted Performance

IDVO vs. DEW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify International Enhanced Dividend Income ETF (IDVO) and WisdomTree Global High Dividend Fund (DEW). 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.


Sharpe ratio
The chart of Sharpe ratio for IDVO, currently valued at 0.84, compared to the broader market0.002.004.000.841.22
The chart of Sortino ratio for IDVO, currently valued at 1.19, compared to the broader market-2.000.002.004.006.008.0010.0012.001.191.67
The chart of Omega ratio for IDVO, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.151.22
The chart of Calmar ratio for IDVO, currently valued at 1.20, compared to the broader market0.005.0010.0015.001.202.04
The chart of Martin ratio for IDVO, currently valued at 4.49, compared to the broader market0.0020.0040.0060.0080.00100.004.496.44
IDVO
DEW

The current IDVO Sharpe Ratio is 0.84, which is lower than the DEW Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of IDVO and DEW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.84
1.22
IDVO
DEW

Dividends

IDVO vs. DEW - Dividend Comparison

IDVO's dividend yield for the trailing twelve months is around 5.54%, more than DEW's 3.99% yield.


TTM20232022202120202019201820172016201520142013
IDVO
Amplify International Enhanced Dividend Income ETF
5.54%5.71%1.96%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DEW
WisdomTree Global High Dividend Fund
3.99%4.55%3.82%3.55%4.10%3.74%4.17%3.18%3.42%4.32%5.00%3.65%

Drawdowns

IDVO vs. DEW - Drawdown Comparison

The maximum IDVO drawdown since its inception was -11.00%, smaller than the maximum DEW drawdown of -65.55%. Use the drawdown chart below to compare losses from any high point for IDVO and DEW. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.84%
-4.38%
IDVO
DEW

Volatility

IDVO vs. DEW - Volatility Comparison

Amplify International Enhanced Dividend Income ETF (IDVO) has a higher volatility of 3.70% compared to WisdomTree Global High Dividend Fund (DEW) at 3.24%. This indicates that IDVO's price experiences larger fluctuations and is considered to be riskier than DEW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.70%
3.24%
IDVO
DEW
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab