IDVO vs. DGRW

Last updated Jun 14, 2026

IDVO (Amplify CWP International Enhanced Dividend Income ETF) and DGRW (WisdomTree U.S. Quality Dividend Growth Fund) are both exchange-traded funds - IDVO is a Derivative Income fund actively managed by Amplify, while DGRW is a Dividend fund tracking the WisdomTree U.S. Quality Dividend Growth Index. IDVO is actively managed, while DGRW is passively managed. Over the past 3 years, IDVO returned 22.78%/yr vs 15.58%/yr for DGRW. A 0.69 correlation means they provide meaningful diversification when combined. IDVO charges 0.65%/yr vs 0.28%/yr for DGRW.

Performance

IDVO vs. DGRW - Performance Comparison

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

Returns By Period

In the year-to-date period, IDVO achieves a 14.60% return, which is significantly higher than DGRW's 7.88% return.

IDVO

• 1D: 0.52%
• 1M: 0.18%
• YTD: 14.60%
• 6M: 15.00%
• 1Y: 35.61%
• 3Y*: 22.78%
• 5Y*: —
• 10Y*: —

DGRW

• 1D: 0.50%
• 1M: -0.55%
• YTD: 7.88%
• 6M: 7.92%
• 1Y: 18.88%
• 3Y*: 15.58%
• 5Y*: 11.95%
• 10Y*: 14.13%

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

IDVO vs. DGRW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IDVO Amplify CWP International Enhanced Dividend Income ETF	14.60%	36.46%	10.16%	17.53%	6.42%
DGRW WisdomTree U.S. Quality Dividend Growth Fund	7.88%	12.17%	16.98%	18.66%	3.02%

Correlation

The correlation between IDVO and DGRW is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022	0.69

The correlation between IDVO and DGRW has been stable across timeframes, ranging from 0.68 to 0.72 - a consistent structural relationship.

IDVO vs. DGRW - Sectors Allocation Comparison

Sectors	IDVO	DGRW
Financial Services	19.9%	11.3%
Basic Materials	17.1%	3.3%
Energy	12.5%	5.0%
Technology	10.7%	32.1%
Communication Services	10.3%	10.1%
Consumer Defensive	8.2%	6.7%
Healthcare	7.8%	12.8%
Industrials	7.2%	9.9%
Consumer Cyclical	3.2%	7.1%
Utilities	3.2%	0.2%
Real Estate	-	-

Return for Risk

IDVO vs. DGRW — Risk / Return Rank

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

IDVO

IDVO Risk / Return Rank: 75
IDVO Sharpe Ratio Rank: 76
IDVO Sortino Ratio Rank: 73
IDVO Omega Ratio Rank: 75
IDVO Calmar Ratio Rank: 74
IDVO Martin Ratio Rank: 76

DGRW

DGRW Risk / Return Rank: 59
DGRW Sharpe Ratio Rank: 60
DGRW Sortino Ratio Rank: 63
DGRW Omega Ratio Rank: 62
DGRW Calmar Ratio Rank: 49
DGRW Martin Ratio Rank: 60

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. DGRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CWP International Enhanced Dividend Income ETF (IDVO) and WisdomTree U.S. Quality Dividend Growth Fund (DGRW). 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	DGRW	Difference
Sharpe ratio: Return per unit of total volatility	2.09	1.76	+0.33
Sortino ratio: Return per unit of downside risk	2.81	2.53	+0.29
Omega ratio: Gain probability vs. loss probability	1.38	1.32	+0.06
Calmar ratio: Return relative to maximum drawdown	3.30	2.15	+1.15
Martin ratio: Return relative to average drawdown	12.60	9.28	+3.32

IDVO vs. DGRW - Sharpe Ratio Comparison

The current IDVO Sharpe Ratio is 2.09, which is comparable to the DGRW Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of IDVO and DGRW, 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. DGRW - Drawdown Comparison

The maximum IDVO drawdown since its inception was -15.46%, smaller than the maximum DGRW drawdown of -32.04%. Use the drawdown chart below to compare losses from any high point for IDVO and DGRW.

Drawdown Indicators

	IDVO	DGRW	Difference
Max Drawdown Largest peak-to-trough decline	-15.46%	-32.04%	+16.58%
Max Drawdown (1Y) Largest decline over 1 year	-10.37%	-8.30%	-2.07%
Max Drawdown (3Y) Largest decline over 3 years	-15.46%	-16.21%	+0.75%
Max Drawdown (5Y) Largest decline over 5 years	—	-17.27%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.04%	—
Current Drawdown Current decline from peak	-0.84%	-1.93%	+1.09%
Average Drawdown Average peak-to-trough decline	-2.30%	-3.01%	+0.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.71%	1.92%	+0.79%

Volatility

IDVO vs. DGRW - Volatility Comparison

Amplify CWP International Enhanced Dividend Income ETF (IDVO) has a higher volatility of 6.41% compared to WisdomTree U.S. Quality Dividend Growth Fund (DGRW) at 3.41%. This indicates that IDVO's price experiences larger fluctuations and is considered to be riskier than DGRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDVO	DGRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.41%	3.41%	+3.00%
Volatility (6M) Calculated over the trailing 6-month period	13.94%	8.04%	+5.90%
Volatility (1Y) Calculated over the trailing 1-year period	16.40%	10.16%	+6.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.50%	14.01%	+2.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.50%	16.23%	+0.27%

IDVO vs. DGRW - Expense Ratio Comparison

IDVO has a 0.65% expense ratio, which is higher than DGRW's 0.28% expense ratio.

Dividends

IDVO vs. DGRW - Dividend Comparison

IDVO's dividend yield for the trailing twelve months is around 5.46%, more than DGRW's 1.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGRW WisdomTree U.S. Quality Dividend Growth Fund	1.28%	1.43%	1.55%	1.74%	2.15%	1.78%	1.93%	2.20%	2.42%	1.71%	2.13%	2.18%
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.46%	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 DGRW in my portfolio?

IDVO and DGRW have a correlation of 0.72, 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 DGRW?

IDVO has higher volatility (6.41%) compared to DGRW (3.41%). In terms of maximum drawdown, IDVO dropped -15.46% vs DGRW's -32.04%.

Which ETF is better, IDVO or DGRW?

On 3-year performance, IDVO leads with 22.78% vs 15.58% for DGRW. On fees, DGRW is cheaper at 0.28% per year. On volatility, DGRW has been the lower-risk option at 3.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDVO or DGRW?

Over the 3-year period, IDVO has performed better with a 22.78% return vs 15.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDVO or DGRW?

DGRW is cheaper with a 0.28% expense ratio, compared with 0.65% for IDVO.

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

IDVO has the higher dividend yield at 5.46%, compared with 1.28% for DGRW.

What is the main difference between IDVO and DGRW?

IDVO is categorized as Derivative Income, while DGRW is Dividend. They also come from different issuers: Amplify and WisdomTree. Their fees differ too: 0.65% for IDVO and 0.28% for DGRW.

Which has better risk-adjusted returns?

IDVO currently has the higher Sharpe Ratio (2.09 vs 1.76), 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.