QDVO vs. XRMI

Last updated Jun 25, 2026

QDVO (Amplify CWP Growth & Income ETF) and XRMI (Global X S&P 500 Risk Managed Income ETF) are both Derivative Income funds. QDVO is actively managed, while XRMI is passively managed. Over the past year, QDVO returned 19.25% vs 8.70% for XRMI. A 0.63 correlation means they provide meaningful diversification when combined. QDVO charges 0.56%/yr vs 0.60%/yr for XRMI.

Performance

QDVO vs. XRMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify CWP Growth & Income ETF (QDVO) and Global X S&P 500 Risk Managed Income ETF (XRMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QDVO achieves a 5.23% return, which is significantly higher than XRMI's 1.60% return.

QDVO

• 1D: -0.27%
• 1M: -3.88%
• YTD: 5.23%
• 6M: 3.94%
• 1Y: 19.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XRMI

• 1D: -0.06%
• 1M: 0.34%
• YTD: 1.60%
• 6M: 1.15%
• 1Y: 8.70%
• 3Y*: 6.88%
• 5Y*: —
• 10Y*: —

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

QDVO vs. XRMI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QDVO Amplify CWP Growth & Income ETF	5.23%	20.16%	9.76%
XRMI Global X S&P 500 Risk Managed Income ETF	1.60%	4.60%	6.10%

Correlation

The correlation between QDVO and XRMI is 0.65, 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	0.65
Correlation (All Time) Calculated using the full available price history since Aug 22, 2024	0.63

The correlation between QDVO and XRMI has been stable across timeframes, ranging from 0.63 to 0.65 - a consistent structural relationship.

QDVO vs. XRMI - Sectors Allocation Comparison

Sectors	QDVO	XRMI
Technology	50.4%	39.5%
Communication Services	15.4%	10.3%
Consumer Cyclical	12.9%	9.5%
Consumer Defensive	6.2%	4.6%
Healthcare	4.9%	8.5%
Financial Services	3.8%	11.6%
Industrials	2.9%	7.9%
Basic Materials	2.2%	1.7%
Energy	0.9%	3.1%
Utilities	0.4%	2.7%
Real Estate	-	1.8%

Return for Risk

QDVO vs. XRMI — Risk / Return Rank

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

QDVO

QDVO Risk / Return Rank: 46
QDVO Sharpe Ratio Rank: 49
QDVO Sortino Ratio Rank: 47
QDVO Omega Ratio Rank: 47
QDVO Calmar Ratio Rank: 41
QDVO Martin Ratio Rank: 47

XRMI

XRMI Risk / Return Rank: 49
XRMI Sharpe Ratio Rank: 52
XRMI Sortino Ratio Rank: 51
XRMI Omega Ratio Rank: 55
XRMI Calmar Ratio Rank: 39
XRMI Martin Ratio Rank: 47

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. XRMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify CWP Growth & Income ETF (QDVO) and Global X S&P 500 Risk Managed Income ETF (XRMI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QDVO	XRMI	Difference
Sharpe ratio: Return per unit of total volatility	1.53	1.59	-0.06
Sortino ratio: Return per unit of downside risk	2.13	2.22	-0.10
Omega ratio: Gain probability vs. loss probability	1.27	1.31	-0.03
Calmar ratio: Return relative to maximum drawdown	1.89	1.74	+0.15
Martin ratio: Return relative to average drawdown	7.31	7.01	+0.29

QDVO vs. XRMI - Sharpe Ratio Comparison

The current QDVO Sharpe Ratio is 1.53, which is comparable to the XRMI Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of QDVO and XRMI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QDVO vs. XRMI - Drawdown Comparison

The maximum QDVO drawdown since its inception was -17.75%, which is greater than XRMI's maximum drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for QDVO and XRMI.

Drawdown Indicators

	QDVO	XRMI	Difference
Max Drawdown Largest peak-to-trough decline	-17.75%	-15.31%	-2.44%
Max Drawdown (1Y) Largest decline over 1 year	-10.21%	-5.02%	-5.19%
Max Drawdown (3Y) Largest decline over 3 years	—	-8.34%	—
Current Drawdown Current decline from peak	-5.07%	-0.58%	-4.49%
Average Drawdown Average peak-to-trough decline	-2.42%	-5.87%	+3.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.64%	1.24%	+1.40%

Volatility

QDVO vs. XRMI - Volatility Comparison

Amplify CWP Growth & Income ETF (QDVO) has a higher volatility of 4.47% compared to Global X S&P 500 Risk Managed Income ETF (XRMI) at 1.70%. This indicates that QDVO's price experiences larger fluctuations and is considered to be riskier than XRMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QDVO	XRMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.47%	1.70%	+2.77%
Volatility (6M) Calculated over the trailing 6-month period	9.52%	4.43%	+5.09%
Volatility (1Y) Calculated over the trailing 1-year period	12.67%	5.50%	+7.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.52%	6.90%	+10.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.52%	6.90%	+10.62%

QDVO vs. XRMI - Expense Ratio Comparison

QDVO has a 0.56% expense ratio, which is lower than XRMI's 0.60% expense ratio.

Dividends

QDVO vs. XRMI - Dividend Comparison

QDVO's dividend yield for the trailing twelve months is around 10.56%, less than XRMI's 12.73% yield.

Position	TTM	2025	2024	2023	2022	2021
QDVO Amplify CWP Growth & Income ETF	10.56%	9.92%	2.79%	0.00%	0.00%	0.00%
XRMI Global X S&P 500 Risk Managed Income ETF	12.73%	12.35%	11.86%	12.62%	12.84%	2.93%

Frequently Asked Questions

Can I hold both QDVO and XRMI in my portfolio?

QDVO and XRMI have a correlation of 0.65, 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 XRMI?

QDVO has higher volatility (4.47%) compared to XRMI (1.70%). In terms of maximum drawdown, QDVO dropped -17.75% vs XRMI's -15.31%.

Which ETF is better, QDVO or XRMI?

On 1-year performance, QDVO leads with 19.25% vs 8.70% for XRMI. On fees, QDVO is cheaper at 0.56% per year. On volatility, XRMI has been the lower-risk option at 1.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QDVO or XRMI?

Over the 1-year period, QDVO has performed better with a 19.25% return vs 8.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QDVO or XRMI?

QDVO is cheaper with a 0.56% expense ratio, compared with 0.60% for XRMI.

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

XRMI has the higher dividend yield at 12.73%, compared with 10.56% for QDVO.

What is the main difference between QDVO and XRMI?

They also come from different issuers: Amplify and Global X. Their fees differ too: 0.56% for QDVO and 0.60% for XRMI.

Which has better risk-adjusted returns?

XRMI currently has the higher Sharpe Ratio (1.59 vs 1.53), 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.