SOLM vs. DIVO

Last updated Jun 24, 2026

SOLM (Amplify Solana 3% Monthly Option Income ETF) and DIVO (Amplify CWP Enhanced Dividend Income ETF) are both Derivative Income funds from Amplify. Both are actively managed. At a 0.27 correlation, their price movements are largely independent. SOLM charges 0.75%/yr vs 0.56%/yr for DIVO.

Performance

SOLM vs. DIVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Solana 3% Monthly Option Income ETF (SOLM) and Amplify CWP Enhanced Dividend Income ETF (DIVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SOLM achieves a -50.13% return, which is significantly lower than DIVO's 5.40% return.

SOLM

• 1D: -5.82%
• 1M: -24.59%
• YTD: -50.13%
• 6M: -50.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DIVO

• 1D: -0.04%
• 1M: -0.03%
• YTD: 5.40%
• 6M: 4.24%
• 1Y: 17.37%
• 3Y*: 15.15%
• 5Y*: 10.94%
• 10Y*: —

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

SOLM vs. DIVO - Yearly Performance Comparison

	2026 (YTD)	2025
SOLM Amplify Solana 3% Monthly Option Income ETF	-50.13%	-19.93%
DIVO Amplify CWP Enhanced Dividend Income ETF	5.40%	2.33%

Correlation

The correlation between SOLM and DIVO is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025	0.27

Return for Risk

SOLM vs. DIVO — Risk / Return Rank

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

SOLM

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

DIVO

DIVO Risk / Return Rank: 60
DIVO Sharpe Ratio Rank: 59
DIVO Sortino Ratio Rank: 62
DIVO Omega Ratio Rank: 55
DIVO Calmar Ratio Rank: 61
DIVO Martin Ratio Rank: 61

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.

SOLM vs. DIVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Solana 3% Monthly Option Income ETF (SOLM) 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.

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.

	SOLM	DIVO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.90	—
Sortino ratio: Return per unit of downside risk	—	2.81	—
Omega ratio: Gain probability vs. loss probability	—	1.33	—
Calmar ratio: Return relative to maximum drawdown	—	2.93	—
Martin ratio: Return relative to average drawdown	—	10.48	—

Drawdowns

SOLM vs. DIVO - Drawdown Comparison

The maximum SOLM drawdown since its inception was -63.29%, which is greater than DIVO's maximum drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for SOLM and DIVO.

Drawdown Indicators

	SOLM	DIVO	Difference
Max Drawdown Largest peak-to-trough decline	-63.29%	-30.04%	-33.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.95%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.72%	—
Current Drawdown Current decline from peak	-61.43%	-1.61%	-59.82%
Average Drawdown Average peak-to-trough decline	-37.23%	-2.60%	-34.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.66%	—

Volatility

Volatility by Period

	SOLM	DIVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.94%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	67.31%	9.21%	+58.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.31%	11.95%	+55.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.31%	14.82%	+52.49%

SOLM vs. DIVO - Expense Ratio Comparison

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

Dividends

SOLM vs. DIVO - Dividend Comparison

SOLM's dividend yield for the trailing twelve months is around 39.11%, more than DIVO's 6.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIVO Amplify CWP Enhanced Dividend Income ETF	6.43%	6.44%	4.70%	4.67%	4.76%	4.79%	4.91%	8.16%	5.27%	3.83%
SOLM Amplify Solana 3% Monthly Option Income ETF	39.11%	6.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SOLM and DIVO in my portfolio?

SOLM and DIVO have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOLM or DIVO?

On fees, DIVO is cheaper at 0.56% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SOLM or DIVO?

DIVO is cheaper with a 0.56% expense ratio, compared with 0.75% for SOLM.

Which ETF pays a higher dividend yield, SOLM or DIVO?

SOLM has the higher dividend yield at 39.11%, compared with 6.43% for DIVO.

What is the main difference between SOLM and DIVO?

Their fees differ too: 0.75% for SOLM and 0.56% for DIVO.