SBAR vs. DIVO

Last updated Apr 1, 2026

Compare and contrast key facts about Simplify Barrier Income ETF (SBAR) and Amplify CWP Enhanced Dividend Income ETF (DIVO).

SBAR and DIVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SBAR is an actively managed fund by Simplify. It was launched on Apr 14, 2025. DIVO is an actively managed fund by Amplify. It was launched on Dec 13, 2016.

Performance

SBAR vs. DIVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Barrier Income ETF (SBAR) and Amplify CWP Enhanced Dividend Income ETF (DIVO). The values are adjusted to include any dividend payments, if applicable.

SBAR vs. DIVO - Yearly Performance Comparison

	2026 (YTD)	2025
SBAR Simplify Barrier Income ETF	-3.29%	13.80%
DIVO Amplify CWP Enhanced Dividend Income ETF	2.01%	18.37%

Returns By Period

In the year-to-date period, SBAR achieves a -3.29% return, which is significantly lower than DIVO's 2.01% return.

SBAR

• 1D: 0.99%
• 1M: -3.40%
• YTD: -3.29%
• 6M: -0.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DIVO

• 1D: 1.93%
• 1M: -3.36%
• YTD: 2.01%
• 6M: 4.92%
• 1Y: 17.49%
• 3Y*: 14.14%
• 5Y*: 10.98%
• 10Y*: —

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

SBAR vs. DIVO - Expense Ratio Comparison

SBAR has a 0.75% expense ratio, which is higher than DIVO's 0.56% expense ratio.

SBAR

Simplify Barrier Income ETF

DIVO

Amplify CWP Enhanced Dividend Income ETF

Return for Risk

SBAR vs. DIVO — Risk / Return Rank

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

DIVO

DIVO Risk / Return Rank: 80
DIVO Sharpe Ratio Rank: 77
DIVO Sortino Ratio Rank: 79
DIVO Omega Ratio Rank: 80
DIVO Calmar Ratio Rank: 79
DIVO Martin Ratio Rank: 87

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.

SBAR vs. DIVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Barrier Income ETF (SBAR) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SBAR	DIVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.34	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.92	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.05	0.83	+0.21

Correlation

The correlation between SBAR and DIVO is 0.55, 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.

Dividends

SBAR vs. DIVO - Dividend Comparison

SBAR's dividend yield for the trailing twelve months is around 12.31%, more than DIVO's 6.49% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
SBAR Simplify Barrier Income ETF	12.31%	8.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIVO Amplify CWP Enhanced Dividend Income ETF	6.49%	6.44%	4.70%	4.67%	4.76%	4.79%	4.91%	8.16%	5.27%	3.83%

Drawdowns

SBAR vs. DIVO - Drawdown Comparison

The maximum SBAR drawdown since its inception was -5.32%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for SBAR and DIVO.

Drawdown Indicators

	SBAR	DIVO	Difference
Max Drawdown Largest peak-to-trough decline	-5.32%	-30.04%	+24.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.21%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.72%	—
Current Drawdown Current decline from peak	-4.39%	-4.13%	-0.26%
Average Drawdown Average peak-to-trough decline	-0.94%	-2.62%	+1.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.93%	—

Volatility

Volatility by Period

	SBAR	DIVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.15%	13.17%	-3.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.15%	11.93%	-1.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.15%	14.93%	-4.78%