PUTW vs. DIVO
Compare and contrast key facts about WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
PUTW and DIVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PUTW is a passively managed fund by WisdomTree that tracks the performance of the CBOE S&P 500 PutWrite Index. It was launched on Feb 24, 2016. 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: PUTW or DIVO.
Correlation
The correlation between PUTW and DIVO is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PUTW vs. DIVO - Performance Comparison
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Key characteristics
PUTW:
0.44
DIVO:
0.80
PUTW:
0.74
DIVO:
1.30
PUTW:
1.13
DIVO:
1.19
PUTW:
0.51
DIVO:
0.99
PUTW:
1.87
DIVO:
3.74
PUTW:
3.80%
DIVO:
3.22%
PUTW:
14.20%
DIVO:
14.02%
PUTW:
-28.40%
DIVO:
-30.04%
PUTW:
-5.10%
DIVO:
-1.54%
Returns By Period
In the year-to-date period, PUTW achieves a -1.30% return, which is significantly lower than DIVO's 4.15% return.
PUTW
-1.30%
5.27%
-1.34%
6.12%
11.61%
N/A
DIVO
4.15%
6.73%
2.53%
10.86%
13.88%
N/A
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PUTW vs. DIVO - Expense Ratio Comparison
PUTW has a 0.44% expense ratio, which is lower than DIVO's 0.55% expense ratio.
Risk-Adjusted Performance
PUTW vs. DIVO — Risk-Adjusted Performance Rank
PUTW
DIVO
PUTW vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) 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.
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Dividends
PUTW vs. DIVO - Dividend Comparison
PUTW's dividend yield for the trailing twelve months is around 12.48%, more than DIVO's 4.70% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
PUTW WisdomTree CBOE S&P 500 PutWrite Strategy Fund | 12.48% | 11.99% | 8.94% | 3.27% | 0.00% | 1.43% | 1.47% | 6.46% | 3.52% | 2.27% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.70% | 4.70% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% | 0.00% |
Drawdowns
PUTW vs. DIVO - Drawdown Comparison
The maximum PUTW drawdown since its inception was -28.40%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for PUTW and DIVO. For additional features, visit the drawdowns tool.
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Volatility
PUTW vs. DIVO - Volatility Comparison
WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) and Amplify CWP Enhanced Dividend Income ETF (DIVO) have volatilities of 3.87% and 4.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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