PHDG vs. DIVO
Compare and contrast key facts about Invesco S&P 500® Downside Hedged ETF (PHDG) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
PHDG and DIVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PHDG is an actively managed fund by Invesco. It was launched on Dec 6, 2012. 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: PHDG or DIVO.
Correlation
The correlation between PHDG and DIVO is 0.50, 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
PHDG vs. DIVO - Performance Comparison
Key characteristics
PHDG:
0.95
DIVO:
1.81
PHDG:
1.46
DIVO:
2.60
PHDG:
1.19
DIVO:
1.33
PHDG:
1.64
DIVO:
2.89
PHDG:
3.97
DIVO:
8.61
PHDG:
2.53%
DIVO:
1.96%
PHDG:
10.63%
DIVO:
9.33%
PHDG:
-17.70%
DIVO:
-30.04%
PHDG:
-1.81%
DIVO:
-2.23%
Returns By Period
In the year-to-date period, PHDG achieves a 2.95% return, which is significantly lower than DIVO's 3.43% return.
PHDG
2.95%
0.13%
2.16%
8.28%
7.57%
4.78%
DIVO
3.43%
-0.72%
6.33%
14.94%
12.36%
N/A
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PHDG vs. DIVO - Expense Ratio Comparison
PHDG has a 0.40% expense ratio, which is lower than DIVO's 0.55% expense ratio.
Risk-Adjusted Performance
PHDG vs. DIVO — Risk-Adjusted Performance Rank
PHDG
DIVO
PHDG vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500® Downside Hedged ETF (PHDG) 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
PHDG vs. DIVO - Dividend Comparison
PHDG's dividend yield for the trailing twelve months is around 1.89%, less than DIVO's 4.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHDG Invesco S&P 500® Downside Hedged ETF | 1.89% | 1.94% | 1.93% | 1.35% | 0.44% | 0.63% | 1.80% | 1.56% | 1.83% | 2.29% | 1.65% | 5.45% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.61% | 4.70% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% | 0.00% | 0.00% | 0.00% |
Drawdowns
PHDG vs. DIVO - Drawdown Comparison
The maximum PHDG drawdown since its inception was -17.70%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for PHDG and DIVO. For additional features, visit the drawdowns tool.
Volatility
PHDG vs. DIVO - Volatility Comparison
The current volatility for Invesco S&P 500® Downside Hedged ETF (PHDG) is 2.20%, while Amplify CWP Enhanced Dividend Income ETF (DIVO) has a volatility of 2.56%. This indicates that PHDG experiences smaller price fluctuations and is considered to be less risky than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.