IDVO vs. DEW
Compare and contrast key facts about Amplify International Enhanced Dividend Income ETF (IDVO) and WisdomTree Global High Dividend Fund (DEW).
IDVO and DEW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IDVO is an actively managed fund by Amplify Investments. It was launched on Sep 8, 2022. DEW is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Global High Dividend Index. It was launched on Jun 16, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDVO or DEW.
Performance
IDVO vs. DEW - Performance Comparison
Returns By Period
In the year-to-date period, IDVO achieves a 11.45% return, which is significantly lower than DEW's 15.07% return.
IDVO
11.45%
-2.16%
-1.51%
13.84%
N/A
N/A
DEW
15.07%
-1.61%
7.60%
22.62%
7.29%
5.71%
Key characteristics
| IDVO | DEW | |
|---|---|---|
| Sharpe Ratio | 1.20 | 2.27 |
| Sortino Ratio | 1.67 | 3.10 |
| Omega Ratio | 1.21 | 1.40 |
| Calmar Ratio | 1.75 | 4.42 |
| Martin Ratio | 6.72 | 13.54 |
| Ulcer Index | 2.40% | 1.70% |
| Daily Std Dev | 13.43% | 10.14% |
| Max Drawdown | -11.00% | -65.55% |
| Current Drawdown | -2.22% | -1.61% |
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IDVO vs. DEW - Expense Ratio Comparison
IDVO has a 0.65% expense ratio, which is higher than DEW's 0.58% expense ratio.
Correlation
The correlation between IDVO and DEW is 0.79, 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.
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.
Dividends
IDVO vs. DEW - Dividend Comparison
IDVO's dividend yield for the trailing twelve months is around 5.94%, more than DEW's 3.95% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDVO Amplify International Enhanced Dividend Income ETF | 5.94% | 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 | 3.95% | 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.
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 2.44%. 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.