IPOS vs. IDVO

Last updated Jun 4, 2026

IPOS (Renaissance International IPO ETF) and IDVO (Amplify CWP International Enhanced Dividend Income ETF) are both exchange-traded funds - IPOS is a Foreign Large Cap Equities fund tracking the Renaissance International IPO Index, while IDVO is a Derivative Income fund actively managed by Amplify. IPOS is passively managed, while IDVO is actively managed. Over the past 3 years, IPOS returned 15.28%/yr vs 23.82%/yr for IDVO. A 0.62 correlation means they provide meaningful diversification when combined. IPOS charges 0.80%/yr vs 0.65%/yr for IDVO.

Performance

IPOS vs. IDVO - Performance Comparison

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

Returns By Period

In the year-to-date period, IPOS achieves a 40.15% return, which is significantly higher than IDVO's 14.12% return.

IPOS

• 1D: 0.43%
• 1M: 10.58%
• YTD: 40.15%
• 6M: 44.26%
• 1Y: 65.50%
• 3Y*: 15.28%
• 5Y*: -7.69%
• 10Y*: 3.00%

IDVO

• 1D: -1.25%
• 1M: 2.08%
• YTD: 14.12%
• 6M: 14.66%
• 1Y: 35.28%
• 3Y*: 23.82%
• 5Y*: —
• 10Y*: —

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

IPOS vs. IDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
IPOS Renaissance International IPO ETF	40.15%	39.93%	-12.34%	-16.49%	4.74%
IDVO Amplify CWP International Enhanced Dividend Income ETF	14.12%	36.46%	10.16%	17.53%	5.47%

Correlation

The correlation between IPOS and IDVO is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (All Time) Calculated using the full available price history since Sep 9, 2022	0.62

The correlation between IPOS and IDVO has been stable across timeframes, ranging from 0.53 to 0.62 - a consistent structural relationship.

IPOS vs. IDVO - Sectors Allocation Comparison

Sectors	IPOS	IDVO
Technology	42.0%	8.7%
Healthcare	16.2%	8.3%
Industrials	15.0%	9.8%
Financial Services	9.6%	18.3%
Consumer Cyclical	7.1%	4.2%
Basic Materials	5.3%	15.7%
Energy	4.9%	12.1%
Consumer Defensive	4.7%	7.5%
Utilities	3.1%	6.4%
Communication Services	0.3%	9.1%
Real Estate	-	-

Return for Risk

IPOS vs. IDVO — Risk / Return Rank

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

IPOS

IPOS Risk / Return Rank: 66
IPOS Sharpe Ratio Rank: 67
IPOS Sortino Ratio Rank: 58
IPOS Omega Ratio Rank: 67
IPOS Calmar Ratio Rank: 76
IPOS Martin Ratio Rank: 63

IDVO

IDVO Risk / Return Rank: 67
IDVO Sharpe Ratio Rank: 67
IDVO Sortino Ratio Rank: 64
IDVO Omega Ratio Rank: 67
IDVO Calmar Ratio Rank: 67
IDVO Martin Ratio Rank: 70

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.

IPOS vs. IDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Renaissance International IPO ETF (IPOS) and Amplify CWP International Enhanced Dividend Income ETF (IDVO). 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.

	IPOS	IDVO	Difference
Sharpe ratio: Return per unit of total volatility	2.24	2.27	-0.03
Sortino ratio: Return per unit of downside risk	2.76	3.05	-0.29
Omega ratio: Gain probability vs. loss probability	1.41	1.41	-0.01
Calmar ratio: Return relative to maximum drawdown	3.83	3.42	+0.42
Martin ratio: Return relative to average drawdown	11.58	13.25	-1.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IPOS vs. IDVO - Sharpe Ratio Comparison

The current IPOS Sharpe Ratio is 2.24, which is comparable to the IDVO Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of IPOS and IDVO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IPOS	IDVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.24	2.27	-0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.28	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.12	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	1.38	-1.29

Drawdowns

IPOS vs. IDVO - Drawdown Comparison

The maximum IPOS drawdown since its inception was -73.09%, which is greater than IDVO's maximum drawdown of -15.46%. Use the drawdown chart below to compare losses from any high point for IPOS and IDVO.

Drawdown Indicators

	IPOS	IDVO	Difference
Max Drawdown Largest peak-to-trough decline	-73.09%	-15.46%	-57.63%
Max Drawdown (1Y) Largest decline over 1 year	-17.17%	-10.37%	-6.80%
Max Drawdown (3Y) Largest decline over 3 years	-34.08%	-15.46%	-18.62%
Max Drawdown (5Y) Largest decline over 5 years	-69.93%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-73.09%	—	—
Current Drawdown Current decline from peak	-40.44%	-1.25%	-39.19%
Average Drawdown Average peak-to-trough decline	-31.99%	-2.30%	-29.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.67%	2.67%	+3.00%

Volatility

IPOS vs. IDVO - Volatility Comparison

Renaissance International IPO ETF (IPOS) has a higher volatility of 12.05% compared to Amplify CWP International Enhanced Dividend Income ETF (IDVO) at 5.20%. This indicates that IPOS's price experiences larger fluctuations and is considered to be riskier than IDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IPOS	IDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.05%	5.20%	+6.85%
Volatility (6M) Calculated over the trailing 6-month period	26.45%	13.05%	+13.40%
Volatility (1Y) Calculated over the trailing 1-year period	29.41%	15.61%	+13.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.19%	16.36%	+10.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.13%	16.36%	+7.77%

IPOS vs. IDVO - Expense Ratio Comparison

IPOS has a 0.80% expense ratio, which is higher than IDVO's 0.65% expense ratio.

Dividends

IPOS vs. IDVO - Dividend Comparison

IPOS's dividend yield for the trailing twelve months is around 0.68%, less than IDVO's 5.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.48%	5.42%	6.14%	5.72%	1.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IPOS Renaissance International IPO ETF	0.68%	1.04%	0.93%	0.33%	0.00%	0.00%	0.25%	0.89%	1.12%	0.87%	1.73%	1.08%

Frequently Asked Questions

Can I hold both IPOS and IDVO in my portfolio?

IPOS and IDVO have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IPOS or IDVO?

IPOS has higher volatility (12.05%) compared to IDVO (5.20%). In terms of maximum drawdown, IPOS dropped -73.09% vs IDVO's -15.46%.

Which ETF is better, IPOS or IDVO?

On 3-year performance, IDVO leads with 23.82% vs 15.28% for IPOS. On fees, IDVO is cheaper at 0.65% per year. On volatility, IDVO has been the lower-risk option at 5.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IPOS or IDVO?

Over the 3-year period, IDVO has performed better with a 23.82% return vs 15.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IPOS or IDVO?

IDVO is cheaper with a 0.65% expense ratio, compared with 0.80% for IPOS.

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

IDVO has the higher dividend yield at 5.48%, compared with 0.68% for IPOS.

What is the main difference between IPOS and IDVO?

IPOS is categorized as Foreign Large Cap Equities, while IDVO is Derivative Income. They also come from different issuers: Renaissance Capital and Amplify. Their fees differ too: 0.80% for IPOS and 0.65% for IDVO.

Which has better risk-adjusted returns?

IDVO currently has the higher Sharpe Ratio (2.27 vs 2.24), 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.