SILJ vs. IDVO

Last updated Jun 4, 2026

SILJ (Amplify Junior Silver Miners ETF) and IDVO (Amplify International Enhanced Dividend Income ETF) are both exchange-traded funds - SILJ is a Silver fund tracking the Nasdaq Junior Silver Miners Index, while IDVO is a Foreign Large Cap Equities fund actively managed by Amplify. SILJ is passively managed, while IDVO is actively managed. Over the past 3 years, SILJ returned 47.77%/yr vs 23.82%/yr for IDVO. A 0.55 correlation means they provide meaningful diversification when combined. SILJ charges 0.69%/yr vs 0.65%/yr for IDVO.

Performance

SILJ vs. IDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Junior Silver Miners ETF (SILJ) and Amplify 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, SILJ achieves a 6.61% return, which is significantly lower than IDVO's 14.12% return.

SILJ

• 1D: -5.24%
• 1M: 2.57%
• YTD: 6.61%
• 6M: 16.40%
• 1Y: 111.95%
• 3Y*: 47.77%
• 5Y*: 13.13%
• 10Y*: 10.08%

IDVO

• 1D: -1.25%
• 1M: 2.08%
• YTD: 14.12%
• 6M: 14.66%
• 1Y: 35.28%
• 3Y*: 23.82%
• 5Y*: —
• 10Y*: —

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

SILJ vs. IDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SILJ Amplify Junior Silver Miners ETF	6.61%	183.89%	6.39%	-5.21%	14.98%
IDVO Amplify International Enhanced Dividend Income ETF	14.12%	36.46%	10.16%	17.53%	5.47%

Correlation

The correlation between SILJ and IDVO is 0.57, 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	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (All Time) Calculated using the full available price history since Sep 9, 2022	0.55

The correlation between SILJ and IDVO has been stable across timeframes, ranging from 0.55 to 0.57 - a consistent structural relationship.

SILJ vs. IDVO - Sectors Allocation Comparison

Sectors	SILJ	IDVO
Basic Materials	99.8%	15.7%
Financial Services	0.3%	18.3%
Consumer Defensive	0.2%	7.5%
Communication Services	0.0%	9.1%
Consumer Cyclical	-	4.2%
Energy	-	12.1%
Healthcare	-	8.3%
Industrials	-	9.8%
Real Estate	-	-
Technology	-	8.7%
Utilities	-	6.4%

Return for Risk

SILJ vs. IDVO — Risk / Return Rank

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

SILJ

SILJ Risk / Return Rank: 54
SILJ Sharpe Ratio Rank: 59
SILJ Sortino Ratio Rank: 46
SILJ Omega Ratio Rank: 51
SILJ Calmar Ratio Rank: 64
SILJ Martin Ratio Rank: 47

IDVO

IDVO Risk / Return Rank: 67
IDVO Sharpe Ratio Rank: 67
IDVO Sortino Ratio Rank: 64
IDVO Omega Ratio Rank: 67
IDVO Calmar Ratio Rank: 67
IDVO Martin Ratio Rank: 70

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.

SILJ vs. IDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Junior Silver Miners ETF (SILJ) and Amplify 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.

	SILJ	IDVO	Difference
Sharpe ratio: Return per unit of total volatility	2.05	2.27	-0.22
Sortino ratio: Return per unit of downside risk	2.35	3.05	-0.70
Omega ratio: Gain probability vs. loss probability	1.32	1.41	-0.09
Calmar ratio: Return relative to maximum drawdown	3.24	3.42	-0.17
Martin ratio: Return relative to average drawdown	7.99	13.25	-5.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SILJ vs. IDVO - Sharpe Ratio Comparison

The current SILJ Sharpe Ratio is 2.05, which is comparable to the IDVO Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of SILJ 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

	SILJ	IDVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	2.27	-0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	1.38	-1.29

Drawdowns

SILJ vs. IDVO - Drawdown Comparison

The maximum SILJ drawdown since its inception was -79.04%, which is greater than IDVO's maximum drawdown of -15.46%. Use the drawdown chart below to compare losses from any high point for SILJ and IDVO.

Drawdown Indicators

	SILJ	IDVO	Difference
Max Drawdown Largest peak-to-trough decline	-79.04%	-15.46%	-63.58%
Max Drawdown (1Y) Largest decline over 1 year	-34.71%	-10.37%	-24.34%
Max Drawdown (3Y) Largest decline over 3 years	-34.71%	-15.46%	-19.25%
Max Drawdown (5Y) Largest decline over 5 years	-55.47%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-70.06%	—	—
Current Drawdown Current decline from peak	-26.80%	-1.25%	-25.55%
Average Drawdown Average peak-to-trough decline	-41.43%	-2.30%	-39.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.06%	2.67%	+11.39%

Volatility

SILJ vs. IDVO - Volatility Comparison

Amplify Junior Silver Miners ETF (SILJ) has a higher volatility of 18.69% compared to Amplify International Enhanced Dividend Income ETF (IDVO) at 5.20%. This indicates that SILJ's price experiences larger fluctuations and is considered to be riskier than IDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SILJ	IDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.69%	5.20%	+13.49%
Volatility (6M) Calculated over the trailing 6-month period	45.24%	13.05%	+32.19%
Volatility (1Y) Calculated over the trailing 1-year period	54.90%	15.61%	+39.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.35%	16.36%	+27.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.24%	16.36%	+29.88%

SILJ vs. IDVO - Expense Ratio Comparison

SILJ has a 0.69% expense ratio, which is higher than IDVO's 0.65% expense ratio.

Dividends

SILJ vs. IDVO - Dividend Comparison

SILJ's dividend yield for the trailing twelve months is around 1.88%, less than IDVO's 5.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDVO Amplify International Enhanced Dividend Income ETF	5.48%	5.42%	6.14%	5.72%	1.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SILJ Amplify Junior Silver Miners ETF	1.88%	2.00%	7.26%	0.01%	0.05%	0.36%	1.23%	1.45%	1.66%	0.00%	0.52%	2.46%

Frequently Asked Questions

Can I hold both SILJ and IDVO in my portfolio?

SILJ and IDVO have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SILJ or IDVO?

SILJ has higher volatility (18.69%) compared to IDVO (5.20%). In terms of maximum drawdown, SILJ dropped -79.04% vs IDVO's -15.46%.

Which ETF is better, SILJ or IDVO?

On 3-year performance, SILJ leads with 47.77% vs 23.82% for IDVO. On fees, IDVO is cheaper at 0.65% per year. On volatility, IDVO has been the lower-risk option at 5.20%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SILJ or IDVO?

Over the 3-year period, SILJ has performed better with a 47.77% return vs 23.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SILJ or IDVO?

IDVO is cheaper with a 0.65% expense ratio, compared with 0.69% for SILJ.

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

IDVO has the higher dividend yield at 5.48%, compared with 1.88% for SILJ.

What is the main difference between SILJ and IDVO?

SILJ is categorized as Silver, while IDVO is Foreign Large Cap Equities. Their fees differ too: 0.69% for SILJ and 0.65% for IDVO.

Which has better risk-adjusted returns?

IDVO currently has the higher Sharpe Ratio (2.27 vs 2.05), 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.