QDVO vs. IDVO

Last updated Jun 5, 2026

QDVO (Amplify CWP Growth & Income ETF) and IDVO (Amplify CWP International Enhanced Dividend Income ETF) are both Derivative Income funds from Amplify. Both are actively managed. Over the past year, QDVO returned 26.60% vs 36.25% for IDVO. A 0.61 correlation means they provide meaningful diversification when combined. QDVO charges 0.56%/yr vs 0.65%/yr for IDVO.

Performance

QDVO vs. IDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify CWP Growth & Income ETF (QDVO) and Amplify CWP International Enhanced Dividend Income ETF (IDVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QDVO achieves a 9.91% return, which is significantly lower than IDVO's 15.00% return.

QDVO

• 1D: 0.10%
• 1M: 3.95%
• YTD: 9.91%
• 6M: 9.61%
• 1Y: 26.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IDVO

• 1D: 0.77%
• 1M: 1.90%
• YTD: 15.00%
• 6M: 15.31%
• 1Y: 36.25%
• 3Y*: 24.20%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QDVO vs. IDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QDVO Amplify CWP Growth & Income ETF	9.91%	20.16%	11.80%
IDVO Amplify CWP International Enhanced Dividend Income ETF	15.00%	36.46%	-0.70%

Correlation

The correlation between QDVO and IDVO is 0.64, 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	0.64
Correlation (All Time) Calculated using the full available price history since Aug 23, 2024	0.62

The correlation between QDVO and IDVO has been stable across timeframes, ranging from 0.61 to 0.64 - a consistent structural relationship.

QDVO vs. IDVO - Sectors Allocation Comparison

Sectors	QDVO	IDVO
Technology	50.6%	8.7%
Communication Services	16.8%	9.1%
Consumer Cyclical	12.5%	4.2%
Consumer Defensive	6.3%	7.5%
Healthcare	4.6%	8.3%
Financial Services	4.1%	18.3%
Basic Materials	1.8%	15.7%
Industrials	1.7%	9.8%
Energy	0.8%	12.1%
Utilities	0.7%	6.4%
Real Estate	-	-

Return for Risk

QDVO vs. IDVO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QDVO

QDVO Risk / Return Rank: 63
QDVO Sharpe Ratio Rank: 68
QDVO Sortino Ratio Rank: 67
QDVO Omega Ratio Rank: 66
QDVO Calmar Ratio Rank: 54
QDVO Martin Ratio Rank: 60

IDVO

IDVO Risk / Return Rank: 72
IDVO Sharpe Ratio Rank: 73
IDVO Sortino Ratio Rank: 70
IDVO Omega Ratio Rank: 72
IDVO Calmar Ratio Rank: 71
IDVO Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QDVO vs. IDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CWP Growth & Income ETF (QDVO) 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.

	QDVO	IDVO	Difference
Sharpe ratio: Return per unit of total volatility	2.19	2.33	-0.14
Sortino ratio: Return per unit of downside risk	3.02	3.12	-0.11
Omega ratio: Gain probability vs. loss probability	1.39	1.42	-0.03
Calmar ratio: Return relative to maximum drawdown	2.62	3.51	-0.89
Martin ratio: Return relative to average drawdown	10.64	13.61	-2.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QDVO vs. IDVO - Sharpe Ratio Comparison

The current QDVO Sharpe Ratio is 2.19, which is comparable to the IDVO Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of QDVO and IDVO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QDVO	IDVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	2.33	-0.14
Sharpe Ratio (All Time) Calculated using the full available price history	1.42	1.39	+0.02

Drawdowns

QDVO vs. IDVO - Drawdown Comparison

The maximum QDVO drawdown since its inception was -17.75%, which is greater than IDVO's maximum drawdown of -15.46%. Use the drawdown chart below to compare losses from any high point for QDVO and IDVO.

Drawdown Indicators

	QDVO	IDVO	Difference
Max Drawdown Largest peak-to-trough decline	-17.75%	-15.46%	-2.29%
Max Drawdown (1Y) Largest decline over 1 year	-10.21%	-10.37%	+0.16%
Max Drawdown (3Y) Largest decline over 3 years	—	-15.46%	—
Current Drawdown Current decline from peak	-0.84%	-0.49%	-0.35%
Average Drawdown Average peak-to-trough decline	-2.36%	-2.30%	-0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	2.67%	-0.16%

Volatility

QDVO vs. IDVO - Volatility Comparison

The current volatility for Amplify CWP Growth & Income ETF (QDVO) is 2.86%, while Amplify CWP International Enhanced Dividend Income ETF (IDVO) has a volatility of 5.17%. This indicates that QDVO experiences smaller price fluctuations and is considered to be less risky than IDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QDVO	IDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.86%	5.17%	-2.31%
Volatility (6M) Calculated over the trailing 6-month period	8.87%	13.06%	-4.19%
Volatility (1Y) Calculated over the trailing 1-year period	12.21%	15.62%	-3.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.42%	16.36%	+1.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.42%	16.36%	+1.06%

QDVO vs. IDVO - Expense Ratio Comparison

QDVO has a 0.56% expense ratio, which is lower than IDVO's 0.65% expense ratio.

Dividends

QDVO vs. IDVO - Dividend Comparison

QDVO's dividend yield for the trailing twelve months is around 10.11%, more than IDVO's 5.44% yield.

Position	TTM	2025	2024	2023	2022
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.44%	5.42%	6.14%	5.72%	1.96%
QDVO Amplify CWP Growth & Income ETF	10.11%	9.92%	2.79%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QDVO and IDVO in my portfolio?

QDVO and IDVO have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QDVO or IDVO?

IDVO has higher volatility (5.17%) compared to QDVO (2.86%). In terms of maximum drawdown, QDVO dropped -17.75% vs IDVO's -15.46%.

Which ETF is better, QDVO or IDVO?

On 1-year performance, IDVO leads with 36.25% vs 26.60% for QDVO. On fees, QDVO is cheaper at 0.56% per year. On volatility, QDVO has been the lower-risk option at 2.86%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QDVO or IDVO?

Over the 1-year period, IDVO has performed better with a 36.25% return vs 26.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QDVO or IDVO?

QDVO is cheaper with a 0.56% expense ratio, compared with 0.65% for IDVO.

Which ETF pays a higher dividend yield, QDVO or IDVO?

QDVO has the higher dividend yield at 10.11%, compared with 5.44% for IDVO.

What is the main difference between QDVO and IDVO?

Their fees differ too: 0.56% for QDVO and 0.65% for IDVO.

Which has better risk-adjusted returns?

IDVO currently has the higher Sharpe Ratio (2.33 vs 2.19), 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.