IDVO vs. SPY
Compare and contrast key facts about Amplify International Enhanced Dividend Income ETF (IDVO) and SPDR S&P 500 ETF (SPY).
IDVO and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDVO or SPY.
Performance
IDVO vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, IDVO achieves a 11.45% return, which is significantly lower than SPY's 25.36% return.
IDVO
11.45%
-2.16%
-1.51%
13.84%
N/A
N/A
SPY
25.36%
0.98%
11.79%
31.70%
15.55%
13.07%
Key characteristics
| IDVO | SPY | |
|---|---|---|
| Sharpe Ratio | 1.20 | 2.69 |
| Sortino Ratio | 1.67 | 3.59 |
| Omega Ratio | 1.21 | 1.50 |
| Calmar Ratio | 1.75 | 3.89 |
| Martin Ratio | 6.72 | 17.53 |
| Ulcer Index | 2.40% | 1.87% |
| Daily Std Dev | 13.43% | 12.15% |
| Max Drawdown | -11.00% | -55.19% |
| Current Drawdown | -2.22% | -1.41% |
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. SPY - Expense Ratio Comparison
IDVO has a 0.65% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between IDVO and SPY is 0.72, 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. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify International Enhanced Dividend Income ETF (IDVO) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
IDVO's dividend yield for the trailing twelve months is around 5.94%, more than SPY's 1.19% 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% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
IDVO vs. SPY - Drawdown Comparison
The maximum IDVO drawdown since its inception was -11.00%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IDVO and SPY. For additional features, visit the drawdowns tool.
Volatility
IDVO vs. SPY - Volatility Comparison
The current volatility for Amplify International Enhanced Dividend Income ETF (IDVO) is 3.70%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.09%. This indicates that IDVO experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.