IHY vs. DIVO
Compare and contrast key facts about VanEck Vectors International High Yield Bond ETF (IHY) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
IHY and DIVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IHY is a passively managed fund by VanEck that tracks the performance of the Bank of America Merrill Lynch Global Ex-‐US Issuers High Yield Constrained Index. It was launched on Apr 2, 2012. DIVO is an actively managed fund by Amplify Investments. It was launched on Dec 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IHY or DIVO.
Key characteristics
| IHY | DIVO | |
|---|---|---|
| YTD Return | 4.35% | 19.05% |
| 1Y Return | 10.41% | 24.65% |
| 3Y Return (Ann) | 0.02% | 9.07% |
| 5Y Return (Ann) | 1.62% | 12.08% |
| Sharpe Ratio | 1.99 | 2.93 |
| Sortino Ratio | 2.88 | 4.24 |
| Omega Ratio | 1.37 | 1.55 |
| Calmar Ratio | 0.87 | 4.71 |
| Martin Ratio | 11.87 | 19.00 |
| Ulcer Index | 1.02% | 1.36% |
| Daily Std Dev | 6.06% | 8.79% |
| Max Drawdown | -27.63% | -30.04% |
| Current Drawdown | -4.76% | -0.50% |
Correlation
The correlation between IHY and DIVO is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IHY vs. DIVO - Performance Comparison
In the year-to-date period, IHY achieves a 4.35% return, which is significantly lower than DIVO's 19.05% 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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IHY vs. DIVO - Expense Ratio Comparison
IHY has a 0.40% expense ratio, which is lower than DIVO's 0.55% expense ratio.
Risk-Adjusted Performance
IHY vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors International High Yield Bond ETF (IHY) 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.
Dividends
IHY vs. DIVO - Dividend Comparison
IHY's dividend yield for the trailing twelve months is around 5.43%, more than DIVO's 4.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IHY VanEck Vectors International High Yield Bond ETF | 5.43% | 5.27% | 4.98% | 4.55% | 4.65% | 4.87% | 4.70% | 4.37% | 5.10% | 5.79% | 5.74% | 6.48% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.43% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IHY vs. DIVO - Drawdown Comparison
The maximum IHY drawdown since its inception was -27.63%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for IHY and DIVO. For additional features, visit the drawdowns tool.
Volatility
IHY vs. DIVO - Volatility Comparison
The current volatility for VanEck Vectors International High Yield Bond ETF (IHY) is 1.44%, while Amplify CWP Enhanced Dividend Income ETF (DIVO) has a volatility of 3.32%. This indicates that IHY experiences smaller price fluctuations and is considered to be less risky than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.