NDIV vs. DIVO
Compare and contrast key facts about Amplify Natural Resources Dividend Income ETF (NDIV) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
NDIV and DIVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NDIV is a passively managed fund by Amplify Investments that tracks the performance of the EQM Natural Resources Dividend Income Index. It was launched on Aug 24, 2022. 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: NDIV or DIVO.
Correlation
The correlation between NDIV and DIVO is 0.64, 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
NDIV vs. DIVO - Performance Comparison
Key characteristics
NDIV:
1.17
DIVO:
1.98
NDIV:
1.57
DIVO:
2.85
NDIV:
1.20
DIVO:
1.37
NDIV:
1.67
DIVO:
3.12
NDIV:
5.25
DIVO:
9.32
NDIV:
3.14%
DIVO:
1.96%
NDIV:
14.16%
DIVO:
9.22%
NDIV:
-16.41%
DIVO:
-30.04%
NDIV:
-1.85%
DIVO:
-0.84%
Returns By Period
In the year-to-date period, NDIV achieves a 7.75% return, which is significantly higher than DIVO's 4.89% return.
NDIV
7.75%
-1.85%
6.80%
15.84%
N/A
N/A
DIVO
4.89%
1.63%
8.76%
18.08%
12.14%
N/A
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NDIV vs. DIVO - Expense Ratio Comparison
NDIV has a 0.59% expense ratio, which is higher than DIVO's 0.55% expense ratio.
Risk-Adjusted Performance
NDIV vs. DIVO — Risk-Adjusted Performance Rank
NDIV
DIVO
NDIV vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Natural Resources Dividend Income ETF (NDIV) 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
NDIV vs. DIVO - Dividend Comparison
NDIV's dividend yield for the trailing twelve months is around 5.48%, more than DIVO's 4.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
NDIV Amplify Natural Resources Dividend Income ETF | 5.48% | 5.88% | 7.37% | 1.70% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.54% | 4.70% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% |
Drawdowns
NDIV vs. DIVO - Drawdown Comparison
The maximum NDIV drawdown since its inception was -16.41%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for NDIV and DIVO. For additional features, visit the drawdowns tool.
Volatility
NDIV vs. DIVO - Volatility Comparison
Amplify Natural Resources Dividend Income ETF (NDIV) has a higher volatility of 4.71% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 2.08%. This indicates that NDIV'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.