NIHI vs. IDVO

Last updated Aug 2, 2026

NIHI (NEOS MSCI EAFE High Income ETF) and IDVO (Amplify CWP International Enhanced Dividend Income ETF) are both Derivative Income funds. Both are actively managed. Their correlation of 0.82 means they have usually moved in the same direction. NIHI charges 0.68%/yr vs 0.65%/yr for IDVO.

Performance

NIHI vs. IDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS MSCI EAFE High Income ETF (NIHI) 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, NIHI achieves a 8.84% return, which is significantly lower than IDVO's 15.27% return.

NIHI

• 1D: -0.33%
• 1M: 1.22%
• 6M: 5.27%
• YTD: 8.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

IDVO

• 1D: -0.12%
• 1M: 2.62%
• 6M: 5.05%
• YTD: 15.27%
• 1Y: 35.30%
• 3Y*: 21.67%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.98%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IDVO Amplify CWP International Enhanced Dividend Income ETF	$9.04M	$8.69M	$10.70M
NIHI NEOS MSCI EAFE High Income ETF	$2.03M	$2.13M	$2.32M

NIHI vs. IDVO - Yearly Performance Comparison

	2026 (YTD)	2025
NIHI NEOS MSCI EAFE High Income ETF	8.84%	4.89%
IDVO Amplify CWP International Enhanced Dividend Income ETF	15.27%	5.89%

Correlation

The correlation between NIHI and IDVO is 0.82, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025	0.82

NIHI vs. IDVO - Sectors Allocation Comparison

Sectors	NIHI	IDVO
Financial Services	23.1%	22.3%
Industrials	19.7%	6.9%
Technology	12.6%	11.9%
Healthcare	9.8%	7.5%
Consumer Cyclical	8.1%	2.2%
Consumer Defensive	6.5%	9.5%
Basic Materials	6.3%	13.2%
Communication Services	4.3%	10.7%
Utilities	3.5%	3.1%
Energy	3.3%	12.7%
Real Estate	2.8%	-

Return for Risk

NIHI vs. IDVO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NIHI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IDVO

IDVO Risk / Return Rank: 86
IDVO Sharpe Ratio Rank: 87
IDVO Sortino Ratio Rank: 85
IDVO Omega Ratio Rank: 86
IDVO Calmar Ratio Rank: 86
IDVO Martin Ratio Rank: 86

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NIHI vs. IDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS MSCI EAFE High Income ETF (NIHI) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NIHI	IDVO	Difference
Sharpe ratio: Return per unit of total volatility	—	2.06	—
Sortino ratio: Return per unit of downside risk	—	2.78	—
Omega ratio: Gain probability vs. loss probability	—	1.37	—
Calmar ratio: Return relative to maximum drawdown	—	3.32	—
Martin ratio: Return relative to average drawdown	—	12.24	—

Drawdowns

NIHI vs. IDVO - Drawdown Comparison

The maximum NIHI drawdown since its inception was -10.88%, smaller than the maximum IDVO drawdown of -15.46%. Use the drawdown chart below to compare losses from any high point for NIHI and IDVO.

Drawdown Indicators

	NIHI	IDVO	Difference
Max Drawdown Largest peak-to-trough decline	-10.88%	-15.46%	+4.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.37%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.46%	—
Current Drawdown Current decline from peak	-0.33%	-0.26%	-0.07%
Average Drawdown Average peak-to-trough decline	-2.13%	-2.29%	+0.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.81%	—

Volatility

Volatility by Period

	NIHI	IDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.34%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.88%	16.69%	-1.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.88%	16.43%	-1.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.88%	16.43%	-1.55%

NIHI vs. IDVO - Expense Ratio Comparison

NIHI has a 0.68% expense ratio, which is higher than IDVO's 0.65% expense ratio.

Dividends

NIHI vs. IDVO - Dividend Comparison

NIHI's dividend yield for the trailing twelve months is around 9.35%, more than IDVO's 5.66% yield.

Position	TTM	2025	2024	2023	2022
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.66%	5.42%	6.14%	5.72%	1.96%
NIHI NEOS MSCI EAFE High Income ETF	9.35%	3.44%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NIHI and IDVO in my portfolio?

NIHI and IDVO have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NIHI or IDVO?

On fees, IDVO is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NIHI or IDVO?

IDVO is cheaper with a 0.65% expense ratio, compared with 0.68% for NIHI.

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

NIHI has the higher dividend yield at 9.35%, compared with 5.66% for IDVO.

What is the main difference between NIHI and IDVO?

They also come from different issuers: Neos and Amplify. Their fees differ too: 0.68% for NIHI and 0.65% for IDVO.