IDVO vs. KMLM
Compare and contrast key facts about Amplify International Enhanced Dividend Income ETF (IDVO) and KFA Mount Lucas Index Strategy ETF (KMLM).
IDVO and KMLM 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. KMLM is an actively managed fund by CICC. It was launched on Dec 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDVO or KMLM.
Key characteristics
| IDVO | KMLM | |
|---|---|---|
| YTD Return | 11.03% | 3.16% |
| 1Y Return | 24.99% | -4.07% |
| Sharpe Ratio | 1.90 | -0.30 |
| Daily Std Dev | 13.16% | 11.92% |
| Max Drawdown | -11.00% | -24.15% |
| Current Drawdown | 0.00% | -19.78% |
Correlation
The correlation between IDVO and KMLM is -0.23. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
IDVO vs. KMLM - Performance Comparison
In the year-to-date period, IDVO achieves a 11.03% return, which is significantly higher than KMLM's 3.16% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IDVO vs. KMLM - Expense Ratio Comparison
IDVO has a 0.65% expense ratio, which is lower than KMLM's 0.90% expense ratio.
Risk-Adjusted Performance
IDVO vs. KMLM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify International Enhanced Dividend Income ETF (IDVO) and KFA Mount Lucas Index Strategy ETF (KMLM). 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. KMLM - Dividend Comparison
IDVO's dividend yield for the trailing twelve months is around 5.43%, while KMLM has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
IDVO Amplify International Enhanced Dividend Income ETF | 5.43% | 5.72% | 1.96% | 0.00% |
KMLM KFA Mount Lucas Index Strategy ETF | 0.00% | 0.00% | 8.12% | 6.94% |
Drawdowns
IDVO vs. KMLM - Drawdown Comparison
The maximum IDVO drawdown since its inception was -11.00%, smaller than the maximum KMLM drawdown of -24.15%. Use the drawdown chart below to compare losses from any high point for IDVO and KMLM. For additional features, visit the drawdowns tool.
Volatility
IDVO vs. KMLM - Volatility Comparison
The current volatility for Amplify International Enhanced Dividend Income ETF (IDVO) is 3.84%, while KFA Mount Lucas Index Strategy ETF (KMLM) has a volatility of 4.28%. This indicates that IDVO experiences smaller price fluctuations and is considered to be less risky than KMLM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.