IGLD vs. DIVO
IGLD (FT Vest Gold Strategy Target Income ETF) and DIVO (Amplify CWP Enhanced Dividend Income ETF) are both exchange-traded funds - IGLD is a Gold fund actively managed by First Trust, while DIVO is a Derivative Income fund actively managed by Amplify. Both are actively managed. Over the past 5 years, IGLD returned 12.52%/yr vs 10.72%/yr for DIVO. At a 0.16 correlation, their price movements are largely independent. IGLD charges 0.85%/yr vs 0.56%/yr for DIVO.
Performance
IGLD vs. DIVO - Performance Comparison
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Returns By Period
In the year-to-date period, IGLD achieves a -0.64% return, which is significantly lower than DIVO's 5.28% return.
IGLD
- 1D
- 0.22%
- 1M
- -7.38%
- YTD
- -0.64%
- 6M
- 2.24%
- 1Y
- 23.15%
- 3Y*
- 21.74%
- 5Y*
- 12.52%
- 10Y*
- —
DIVO
- 1D
- -0.30%
- 1M
- 1.64%
- YTD
- 5.28%
- 6M
- 5.66%
- 1Y
- 17.72%
- 3Y*
- 15.15%
- 5Y*
- 10.72%
- 10Y*
- —
IGLD vs. DIVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IGLD FT Vest Gold Strategy Target Income ETF | -0.64% | 47.46% | 19.36% | 9.24% | -2.34% | 4.30% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 5.28% | 17.40% | 16.22% | 6.95% | -1.46% | 20.68% |
Correlation
The correlation between IGLD and DIVO is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 2021 | 0.16 |
The correlation between IGLD and DIVO shifts across timeframes, from 0.15 (5 years) to 0.25 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IGLD vs. DIVO — Risk / Return Rank
IGLD
DIVO
IGLD vs. DIVO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest Gold Strategy Target Income ETF (IGLD) 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.
| IGLD | DIVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.34 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | 2.99 | -1.67 |
| Martin ratioReturn relative to average drawdown | 3.48 | 10.79 | -7.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IGLD | DIVO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 1.96 | -0.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.90 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.84 | +0.05 |
Drawdowns
IGLD vs. DIVO - Drawdown Comparison
The maximum IGLD drawdown since its inception was -18.59%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for IGLD and DIVO.
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Drawdown Indicators
| IGLD | DIVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.59% | -30.04% | +11.45% |
Max Drawdown (1Y)Largest decline over 1 year | -17.56% | -5.95% | -11.61% |
Max Drawdown (3Y)Largest decline over 3 years | -17.56% | -12.12% | -5.44% |
Max Drawdown (5Y)Largest decline over 5 years | -18.59% | -13.72% | -4.87% |
Current DrawdownCurrent decline from peak | -17.10% | -1.27% | -15.83% |
Average DrawdownAverage peak-to-trough decline | -5.27% | -2.61% | -2.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.67% | 1.65% | +5.02% |
Volatility
IGLD vs. DIVO - Volatility Comparison
FT Vest Gold Strategy Target Income ETF (IGLD) has a higher volatility of 5.18% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 2.30%. This indicates that IGLD's price experiences larger fluctuations and is considered to be riskier than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGLD | DIVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.18% | 2.30% | +2.88% |
Volatility (6M)Calculated over the trailing 6-month period | 21.28% | 7.02% | +14.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.50% | 9.09% | +14.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.24% | 11.95% | +3.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.06% | 14.84% | +0.22% |
IGLD vs. DIVO - Expense Ratio Comparison
IGLD has a 0.85% expense ratio, which is higher than DIVO's 0.56% expense ratio.
Dividends
IGLD vs. DIVO - Dividend Comparison
IGLD's dividend yield for the trailing twelve months is around 18.34%, more than DIVO's 6.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DIVO Amplify CWP Enhanced Dividend Income ETF | 6.43% | 6.44% | 4.70% | 4.67% | 4.76% | 4.79% | 4.91% | 8.16% | 5.27% | 3.83% |
IGLD FT Vest Gold Strategy Target Income ETF | 18.34% | 9.91% | 20.81% | 7.85% | 4.45% | 2.24% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IGLD and DIVO have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGLD has higher volatility (5.18%) compared to DIVO (2.30%). In terms of maximum drawdown, IGLD dropped -18.59% vs DIVO's -30.04%.
On 5-year performance, IGLD leads with 12.52% vs 10.72% for DIVO. On fees, DIVO is cheaper at 0.56% per year. On volatility, DIVO has been the lower-risk option at 2.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IGLD has performed better with a 12.52% return vs 10.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DIVO is cheaper with a 0.56% expense ratio, compared with 0.85% for IGLD.
IGLD has the higher dividend yield at 18.34%, compared with 6.43% for DIVO.
IGLD is categorized as Gold, while DIVO is Derivative Income. They also come from different issuers: First Trust and Amplify. Their fees differ too: 0.85% for IGLD and 0.56% for DIVO.
DIVO currently has the higher Sharpe Ratio (1.96 vs 0.99), 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.
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