QDVO vs. HCOW
Compare and contrast key facts about Amplify CWP Growth & Income ETF (QDVO) and Amplify Cash Flow High Income ETF (HCOW).
QDVO and HCOW 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. HCOW is an actively managed fund by Amplify. It was launched on Sep 19, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QDVO or HCOW.
Correlation
The correlation between QDVO and HCOW is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
QDVO vs. HCOW - Performance Comparison
Key characteristics
QDVO:
15.19%
HCOW:
14.84%
QDVO:
-4.96%
HCOW:
-8.49%
QDVO:
-0.36%
HCOW:
-6.22%
Returns By Period
In the year-to-date period, QDVO achieves a 3.24% return, which is significantly higher than HCOW's 0.59% return.
QDVO
3.24%
1.33%
N/A
N/A
N/A
N/A
HCOW
0.59%
-2.05%
3.22%
9.47%
N/A
N/A
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QDVO vs. HCOW - Expense Ratio Comparison
QDVO has a 0.55% expense ratio, which is lower than HCOW's 0.65% expense ratio.
Risk-Adjusted Performance
QDVO vs. HCOW — Risk-Adjusted Performance Rank
QDVO
HCOW
QDVO vs. HCOW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify CWP Growth & Income ETF (QDVO) and Amplify Cash Flow High Income ETF (HCOW). 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. HCOW - Dividend Comparison
QDVO's dividend yield for the trailing twelve months is around 3.42%, less than HCOW's 8.16% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
QDVO Amplify CWP Growth & Income ETF | 3.42% | 2.78% | 0.00% |
HCOW Amplify Cash Flow High Income ETF | 8.16% | 8.13% | 1.99% |
Drawdowns
QDVO vs. HCOW - Drawdown Comparison
The maximum QDVO drawdown since its inception was -4.96%, smaller than the maximum HCOW drawdown of -8.49%. Use the drawdown chart below to compare losses from any high point for QDVO and HCOW. For additional features, visit the drawdowns tool.
Volatility
QDVO vs. HCOW - Volatility Comparison
Amplify CWP Growth & Income ETF (QDVO) has a higher volatility of 4.52% compared to Amplify Cash Flow High Income ETF (HCOW) at 3.13%. This indicates that QDVO's price experiences larger fluctuations and is considered to be riskier than HCOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.