IDVO vs. THTA

Last updated Jun 23, 2026

IDVO (Amplify CWP International Enhanced Dividend Income ETF) and THTA (SoFi Enhanced Yield ETF) are both Derivative Income funds. Both are actively managed. Over the past year, IDVO returned 35.30% vs 16.78% for THTA. At a 0.29 correlation, their price movements are largely independent. IDVO charges 0.65%/yr vs 0.49%/yr for THTA.

Performance

IDVO vs. THTA - Performance Comparison

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

Returns By Period

In the year-to-date period, IDVO achieves a 13.58% return, which is significantly higher than THTA's 7.64% return.

IDVO

• 1D: 0.21%
• 1M: 0.57%
• YTD: 13.58%
• 6M: 13.59%
• 1Y: 35.30%
• 3Y*: 22.67%
• 5Y*: —
• 10Y*: —

THTA

• 1D: 0.32%
• 1M: 0.84%
• YTD: 7.64%
• 6M: 8.23%
• 1Y: 16.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IDVO vs. THTA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IDVO Amplify CWP International Enhanced Dividend Income ETF	13.58%	36.46%	10.16%	4.50%
THTA SoFi Enhanced Yield ETF	7.64%	-10.24%	7.31%	0.99%

Correlation

The correlation between IDVO and THTA is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (All Time) Calculated using the full available price history since Nov 15, 2023	0.29

Return for Risk

IDVO vs. THTA — Risk / Return Rank

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

IDVO

IDVO Risk / Return Rank: 70
IDVO Sharpe Ratio Rank: 70
IDVO Sortino Ratio Rank: 66
IDVO Omega Ratio Rank: 70
IDVO Calmar Ratio Rank: 70
IDVO Martin Ratio Rank: 72

THTA

THTA Risk / Return Rank: 94
THTA Sharpe Ratio Rank: 91
THTA Sortino Ratio Rank: 93
THTA Omega Ratio Rank: 96
THTA Calmar Ratio Rank: 93
THTA Martin Ratio Rank: 98

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. THTA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CWP International Enhanced Dividend Income ETF (IDVO) and SoFi Enhanced Yield ETF (THTA). 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	THTA	Difference
Sharpe ratio: Return per unit of total volatility	2.18	2.95	-0.77
Sortino ratio: Return per unit of downside risk	2.92	4.35	-1.43
Omega ratio: Gain probability vs. loss probability	1.40	1.78	-0.38
Calmar ratio: Return relative to maximum drawdown	3.42	6.39	-2.97
Martin ratio: Return relative to average drawdown	13.02	53.12	-40.10

IDVO vs. THTA - Sharpe Ratio Comparison

The current IDVO Sharpe Ratio is 2.18, which is comparable to the THTA Sharpe Ratio of 2.95. The chart below compares the historical Sharpe Ratios of IDVO and THTA, 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. THTA - Drawdown Comparison

The maximum IDVO drawdown since its inception was -15.46%, smaller than the maximum THTA drawdown of -31.41%. Use the drawdown chart below to compare losses from any high point for IDVO and THTA.

Drawdown Indicators

	IDVO	THTA	Difference
Max Drawdown Largest peak-to-trough decline	-15.46%	-31.41%	+15.95%
Max Drawdown (1Y) Largest decline over 1 year	-10.37%	-2.64%	-7.73%
Max Drawdown (3Y) Largest decline over 3 years	-15.46%	—	—
Current Drawdown Current decline from peak	-1.72%	-6.11%	+4.39%
Average Drawdown Average peak-to-trough decline	-2.30%	-7.49%	+5.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.72%	0.32%	+2.40%

Volatility

IDVO vs. THTA - Volatility Comparison

Amplify CWP International Enhanced Dividend Income ETF (IDVO) has a higher volatility of 5.82% compared to SoFi Enhanced Yield ETF (THTA) at 0.95%. This indicates that IDVO's price experiences larger fluctuations and is considered to be riskier than THTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDVO	THTA	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.82%	0.95%	+4.87%
Volatility (6M) Calculated over the trailing 6-month period	13.85%	4.07%	+9.78%
Volatility (1Y) Calculated over the trailing 1-year period	16.31%	5.73%	+10.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.47%	20.05%	-3.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.47%	20.05%	-3.58%

IDVO vs. THTA - Expense Ratio Comparison

IDVO has a 0.65% expense ratio, which is higher than THTA's 0.49% expense ratio.

Dividends

IDVO vs. THTA - Dividend Comparison

IDVO's dividend yield for the trailing twelve months is around 5.50%, less than THTA's 11.14% yield.

Position	TTM	2025	2024	2023	2022
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.50%	5.42%	6.14%	5.72%	1.96%
THTA SoFi Enhanced Yield ETF	11.14%	12.66%	12.44%	0.58%	0.00%

Frequently Asked Questions

Can I hold both IDVO and THTA in my portfolio?

IDVO and THTA have a correlation of 0.31, 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 THTA?

IDVO has higher volatility (5.82%) compared to THTA (0.95%). In terms of maximum drawdown, IDVO dropped -15.46% vs THTA's -31.41%.

Which ETF is better, IDVO or THTA?

On 1-year performance, IDVO leads with 35.30% vs 16.78% for THTA. On fees, THTA is cheaper at 0.49% per year. On volatility, THTA has been the lower-risk option at 0.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDVO or THTA?

Over the 1-year period, IDVO has performed better with a 35.30% return vs 16.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDVO or THTA?

THTA is cheaper with a 0.49% expense ratio, compared with 0.65% for IDVO.

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

THTA has the higher dividend yield at 11.14%, compared with 5.50% for IDVO.

What is the main difference between IDVO and THTA?

They also come from different issuers: Amplify and SoFi. Their fees differ too: 0.65% for IDVO and 0.49% for THTA.

Which has better risk-adjusted returns?

THTA currently has the higher Sharpe Ratio (2.95 vs 2.18), 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.