IDVO vs. DIVO
Compare and contrast key facts about Amplify International Enhanced Dividend Income ETF (IDVO) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
IDVO and DIVO 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. DIVO is an actively managed fund by Amplify Investments. It was launched on Dec 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDVO or DIVO.
Performance
IDVO vs. DIVO - Performance Comparison
Returns By Period
In the year-to-date period, IDVO achieves a 12.50% return, which is significantly lower than DIVO's 20.64% return.
IDVO
12.50%
0.09%
0.52%
16.62%
N/A
N/A
DIVO
20.64%
2.93%
12.12%
25.85%
12.46%
N/A
Key characteristics
| IDVO | DIVO | |
|---|---|---|
| Sharpe Ratio | 1.26 | 2.93 |
| Sortino Ratio | 1.73 | 4.24 |
| Omega Ratio | 1.22 | 1.55 |
| Calmar Ratio | 1.81 | 4.72 |
| Martin Ratio | 6.92 | 18.95 |
| Ulcer Index | 2.40% | 1.36% |
| Daily Std Dev | 13.22% | 8.83% |
| Max Drawdown | -11.00% | -30.04% |
| Current Drawdown | -1.30% | 0.00% |
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. DIVO - Expense Ratio Comparison
IDVO has a 0.65% expense ratio, which is higher than DIVO's 0.55% expense ratio.
Correlation
The correlation between IDVO and DIVO is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
IDVO vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify International Enhanced Dividend Income ETF (IDVO) and Amplify CWP Enhanced Dividend Income ETF (DIVO). 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. DIVO - Dividend Comparison
IDVO's dividend yield for the trailing twelve months is around 5.88%, more than DIVO's 4.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
IDVO Amplify International Enhanced Dividend Income ETF | 5.88% | 5.71% | 1.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.37% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% |
Drawdowns
IDVO vs. DIVO - Drawdown Comparison
The maximum IDVO drawdown since its inception was -11.00%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for IDVO and DIVO. For additional features, visit the drawdowns tool.
Volatility
IDVO vs. DIVO - Volatility Comparison
Amplify International Enhanced Dividend Income ETF (IDVO) and Amplify CWP Enhanced Dividend Income ETF (DIVO) have volatilities of 3.52% and 3.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.