NATL vs. DIVO

Last updated Jun 4, 2026

NATL (NCR Atleos Corporation) is a stock, while DIVO (Amplify CWP Enhanced Dividend Income ETF) is Derivative Income fund actively managed by Amplify. Over the past year, NATL returned 60.76% vs 18.37% for DIVO. At a 0.41 correlation, their price movements are largely independent.

Performance

NATL vs. DIVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NCR Atleos Corporation (NATL) and Amplify CWP Enhanced Dividend Income ETF (DIVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NATL achieves a 15.67% return, which is significantly higher than DIVO's 5.53% return.

NATL

• 1D: -0.54%
• 1M: 0.09%
• YTD: 15.67%
• 6M: 17.77%
• 1Y: 60.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DIVO

• 1D: -0.54%
• 1M: 2.34%
• YTD: 5.53%
• 6M: 5.82%
• 1Y: 18.37%
• 3Y*: 15.35%
• 5Y*: 10.61%
• 10Y*: —

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

NATL vs. DIVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NATL NCR Atleos Corporation	15.67%	12.35%	39.65%	9.61%
DIVO Amplify CWP Enhanced Dividend Income ETF	5.53%	17.40%	16.22%	7.57%

Correlation

The correlation between NATL and DIVO is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (All Time) Calculated using the full available price history since Oct 24, 2023	0.41

Return for Risk

NATL vs. DIVO — Risk / Return Rank

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

NATL

NATL Risk / Return Rank: 84
NATL Sharpe Ratio Rank: 83
NATL Sortino Ratio Rank: 81
NATL Omega Ratio Rank: 82
NATL Calmar Ratio Rank: 88
NATL Martin Ratio Rank: 86

DIVO

DIVO Risk / Return Rank: 61
DIVO Sharpe Ratio Rank: 59
DIVO Sortino Ratio Rank: 64
DIVO Omega Ratio Rank: 58
DIVO Calmar Ratio Rank: 61
DIVO Martin Ratio Rank: 61

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.

NATL vs. DIVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NCR Atleos Corporation (NATL) 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.

	NATL	DIVO	Difference
Sharpe ratio: Return per unit of total volatility	1.59	2.06	-0.47
Sortino ratio: Return per unit of downside risk	2.37	3.05	-0.68
Omega ratio: Gain probability vs. loss probability	1.33	1.36	-0.03
Calmar ratio: Return relative to maximum drawdown	3.99	3.10	+0.89
Martin ratio: Return relative to average drawdown	9.33	11.21	-1.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NATL vs. DIVO - Sharpe Ratio Comparison

The current NATL Sharpe Ratio is 1.59, which is comparable to the DIVO Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of NATL and DIVO, 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

	NATL	DIVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	2.06	-0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.75	0.85	-0.10

Drawdowns

NATL vs. DIVO - Drawdown Comparison

The maximum NATL drawdown since its inception was -34.74%, which is greater than DIVO's maximum drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for NATL and DIVO.

Drawdown Indicators

	NATL	DIVO	Difference
Max Drawdown Largest peak-to-trough decline	-34.74%	-30.04%	-4.70%
Max Drawdown (1Y) Largest decline over 1 year	-15.31%	-5.95%	-9.36%
Max Drawdown (3Y) Largest decline over 3 years	—	-12.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.72%	—
Current Drawdown Current decline from peak	-8.41%	-0.82%	-7.59%
Average Drawdown Average peak-to-trough decline	-11.38%	-2.61%	-8.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.53%	1.64%	+4.89%

Volatility

NATL vs. DIVO - Volatility Comparison

NCR Atleos Corporation (NATL) has a higher volatility of 4.80% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 2.01%. This indicates that NATL'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.

Volatility by Period

	NATL	DIVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.80%	2.01%	+2.79%
Volatility (6M) Calculated over the trailing 6-month period	21.46%	6.88%	+14.58%
Volatility (1Y) Calculated over the trailing 1-year period	38.63%	8.97%	+29.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.37%	11.94%	+28.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.37%	14.84%	+25.53%

Dividends

NATL vs. DIVO - Dividend Comparison

NATL has not paid dividends to shareholders, while DIVO's dividend yield for the trailing twelve months is around 6.42%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIVO Amplify CWP Enhanced Dividend Income ETF	6.42%	6.44%	4.70%	4.67%	4.76%	4.79%	4.91%	8.16%	5.27%	3.83%
NATL NCR Atleos Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NATL and DIVO in my portfolio?

NATL and DIVO have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NATL or DIVO?

NATL has higher volatility (4.80%) compared to DIVO (2.01%). In terms of maximum drawdown, NATL dropped -34.74% vs DIVO's -30.04%.

Which has better risk-adjusted returns?

DIVO currently has the higher Sharpe Ratio (2.06 vs 1.59), 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.