QDVO vs. DIVO
Compare and contrast key facts about Amplify CWP Growth & Income ETF (QDVO) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
QDVO and DIVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QDVO is an actively managed fund by Amplify. It was launched on Aug 22, 2024. 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: QDVO or DIVO.
Correlation
The correlation between QDVO and DIVO is 0.61, 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
QDVO vs. DIVO - Performance Comparison
Key characteristics
QDVO:
23.04%
DIVO:
13.60%
QDVO:
-17.75%
DIVO:
-30.04%
QDVO:
-12.92%
DIVO:
-7.75%
Returns By Period
In the year-to-date period, QDVO achieves a -9.77% return, which is significantly lower than DIVO's -2.42% return.
QDVO
-9.77%
-5.52%
-4.62%
N/A
N/A
N/A
DIVO
-2.42%
-3.69%
-4.40%
7.95%
13.45%
N/A
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QDVO vs. DIVO - Expense Ratio Comparison
Both QDVO and DIVO have an expense ratio of 0.55%.
Risk-Adjusted Performance
QDVO vs. DIVO — Risk-Adjusted Performance Rank
QDVO
DIVO
QDVO vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify CWP Growth & Income ETF (QDVO) 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.
Not enough dataDividends
QDVO vs. DIVO - Dividend Comparison
QDVO's dividend yield for the trailing twelve months is around 5.70%, more than DIVO's 4.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
QDVO Amplify CWP Growth & Income ETF | 5.70% | 2.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.99% | 4.70% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% |
Drawdowns
QDVO vs. DIVO - Drawdown Comparison
The maximum QDVO drawdown since its inception was -17.75%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for QDVO and DIVO. For additional features, visit the drawdowns tool.
Volatility
QDVO vs. DIVO - Volatility Comparison
Amplify CWP Growth & Income ETF (QDVO) has a higher volatility of 13.57% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 9.62%. This indicates that QDVO'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.