IDVO vs. NIHI

Last updated Jun 6, 2026

IDVO (Amplify CWP International Enhanced Dividend Income ETF) and NIHI (NEOS MSCI EAFE High Income ETF) are both Derivative Income funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. IDVO charges 0.65%/yr vs 0.68%/yr for NIHI.

Performance

IDVO vs. NIHI - Performance Comparison

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

Returns By Period

In the year-to-date period, IDVO achieves a 11.23% return, which is significantly higher than NIHI's 4.17% return.

IDVO

• 1D: -3.28%
• 1M: -3.75%
• YTD: 11.23%
• 6M: 12.23%
• 1Y: 31.66%
• 3Y*: 22.40%
• 5Y*: —
• 10Y*: —

NIHI

• 1D: -2.13%
• 1M: -1.40%
• YTD: 4.17%
• 6M: 6.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IDVO vs. NIHI - Yearly Performance Comparison

	2026 (YTD)	2025
IDVO Amplify CWP International Enhanced Dividend Income ETF	11.23%	5.54%
NIHI NEOS MSCI EAFE High Income ETF	4.17%	5.33%

Correlation

The correlation between IDVO and NIHI is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 18, 2025	0.83

IDVO vs. NIHI - Sectors Allocation Comparison

Sectors	IDVO	NIHI
Financial Services	18.3%	22.9%
Basic Materials	15.7%	6.6%
Energy	12.1%	4.0%
Industrials	9.8%	20.5%
Communication Services	9.1%	4.5%
Technology	8.7%	10.2%
Healthcare	8.3%	9.8%
Consumer Defensive	7.5%	6.4%
Utilities	6.4%	3.8%
Consumer Cyclical	4.2%	8.2%
Real Estate	-	3.1%

Return for Risk

IDVO vs. NIHI — Risk / Return Rank

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

IDVO

IDVO Risk / Return Rank: 61
IDVO Sharpe Ratio Rank: 61
IDVO Sortino Ratio Rank: 57
IDVO Omega Ratio Rank: 61
IDVO Calmar Ratio Rank: 63
IDVO Martin Ratio Rank: 66

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. NIHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CWP International Enhanced Dividend Income ETF (IDVO) and NEOS MSCI EAFE High Income ETF (NIHI). 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.

	IDVO	NIHI	Difference
Sharpe ratio: Return per unit of total volatility	1.99	—	—
Sortino ratio: Return per unit of downside risk	2.66	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	3.07	—	—
Martin ratio: Return relative to average drawdown	11.84	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IDVO	NIHI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.32	0.91	+0.41

Drawdowns

IDVO vs. NIHI - Drawdown Comparison

The maximum IDVO drawdown since its inception was -15.46%, which is greater than NIHI's maximum drawdown of -10.88%. Use the drawdown chart below to compare losses from any high point for IDVO and NIHI.

Drawdown Indicators

	IDVO	NIHI	Difference
Max Drawdown Largest peak-to-trough decline	-15.46%	-10.88%	-4.58%
Max Drawdown (1Y) Largest decline over 1 year	-10.37%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.46%	—	—
Current Drawdown Current decline from peak	-3.75%	-2.71%	-1.04%
Average Drawdown Average peak-to-trough decline	-2.30%	-2.37%	+0.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	—	—

Volatility

Volatility by Period

	IDVO	NIHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.99%	15.26%	+0.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.44%	15.26%	+1.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.44%	15.26%	+1.18%

IDVO vs. NIHI - Expense Ratio Comparison

IDVO has a 0.65% expense ratio, which is lower than NIHI's 0.68% expense ratio.

Dividends

IDVO vs. NIHI - Dividend Comparison

IDVO's dividend yield for the trailing twelve months is around 5.62%, less than NIHI's 7.96% yield.

Position	TTM	2025	2024	2023	2022
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.62%	5.42%	6.14%	5.72%	1.96%
NIHI NEOS MSCI EAFE High Income ETF	7.96%	3.44%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IDVO and NIHI in my portfolio?

IDVO and NIHI have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IDVO or NIHI?

On fees, IDVO is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IDVO or NIHI?

IDVO is cheaper with a 0.65% expense ratio, compared with 0.68% for NIHI.

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

NIHI has the higher dividend yield at 7.96%, compared with 5.62% for IDVO.

What is the main difference between IDVO and NIHI?

They also come from different issuers: Amplify and Neos. Their fees differ too: 0.65% for IDVO and 0.68% for NIHI.