ONTO vs. IDVO
ONTO (Onto Innovation Inc.) is a stock, while IDVO (Amplify CWP International Enhanced Dividend Income ETF) is Derivative Income fund actively managed by Amplify. Over the past 3 years, ONTO returned 34.44%/yr vs 21.20%/yr for IDVO. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
ONTO vs. IDVO - Performance Comparison
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Returns By Period
In the year-to-date period, ONTO achieves a 78.39% return, which is significantly higher than IDVO's 13.48% return.
ONTO
- 1D
- -7.59%
- 1M
- -10.93%
- 6M
- 29.27%
- YTD
- 78.39%
- 1Y
- 187.06%
- 3Y*
- 34.44%
- 5Y*
- 34.62%
- 10Y*
- 29.24%
IDVO
- 1D
- -0.68%
- 1M
- -0.39%
- 6M
- 5.53%
- YTD
- 13.48%
- 1Y
- 31.59%
- 3Y*
- 21.20%
- 5Y*
- —
- 10Y*
- —
ONTO vs. IDVO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ONTO Onto Innovation Inc. | 78.39% | -5.29% | 9.01% | 124.56% | 0.93% |
IDVO Amplify CWP International Enhanced Dividend Income ETF | 13.48% | 36.46% | 10.16% | 17.53% | 6.42% |
Correlation
The correlation between ONTO and IDVO is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022 | 0.51 |
The correlation between ONTO and IDVO has been stable across timeframes, ranging from 0.49 to 0.52 - a consistent structural relationship.
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Return for Risk
ONTO vs. IDVO — Risk / Return Rank
ONTO
IDVO
ONTO vs. IDVO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Onto Innovation Inc. (ONTO) 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.
| ONTO | IDVO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.35 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 7.23 | 3.06 | +4.17 |
| Martin ratioReturn relative to average drawdown | 22.39 | 11.29 | +11.10 |
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Drawdowns
ONTO vs. IDVO - Drawdown Comparison
The maximum ONTO drawdown since its inception was -98.56%, which is greater than IDVO's maximum drawdown of -15.46%. Use the drawdown chart below to compare losses from any high point for ONTO and IDVO.
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Drawdown Indicators
| ONTO | IDVO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.56% | -15.46% | -83.10% |
Max Drawdown (1Y)Largest decline over 1 year | -26.03% | -10.37% | -15.66% |
Max Drawdown (3Y)Largest decline over 3 years | -62.82% | -15.46% | -47.36% |
Max Drawdown (5Y)Largest decline over 5 years | -62.82% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -62.82% | — | — |
Current DrawdownCurrent decline from peak | -25.59% | -1.81% | -23.78% |
Average DrawdownAverage peak-to-trough decline | -54.58% | -2.30% | -52.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.39% | 2.80% | +5.59% |
Volatility
ONTO vs. IDVO - Volatility Comparison
Onto Innovation Inc. (ONTO) has a higher volatility of 30.53% compared to Amplify CWP International Enhanced Dividend Income ETF (IDVO) at 3.53%. This indicates that ONTO'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.
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Volatility by Period
| ONTO | IDVO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.53% | 3.53% | +27.00% |
Volatility (6M)Calculated over the trailing 6-month period | 51.65% | 13.79% | +37.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.80% | 16.40% | +47.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 57.19% | 16.41% | +40.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.18% | 16.41% | +35.77% |
Dividends
ONTO vs. IDVO - Dividend Comparison
ONTO has not paid dividends to shareholders, while IDVO's dividend yield for the trailing twelve months is around 5.63%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IDVO Amplify CWP International Enhanced Dividend Income ETF | 5.63% | 5.42% | 6.14% | 5.72% | 1.96% |
ONTO Onto Innovation Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ONTO and IDVO have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ONTO has higher volatility (30.53%) compared to IDVO (3.53%). In terms of maximum drawdown, ONTO dropped -98.56% vs IDVO's -15.46%.
ONTO currently has the higher Sharpe Ratio (2.95 vs 1.94), 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.
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