SSXU vs. IDVO

Last updated Jun 24, 2026

SSXU (Day Hagan/Ned Davis Research Smart Sector International ETF) and IDVO (Amplify CWP International Enhanced Dividend Income ETF) are both exchange-traded funds - SSXU is a Foreign Large Cap Equities fund actively managed by Day Hagan, while IDVO is a Derivative Income fund actively managed by Amplify. Both are actively managed. Over the past 3 years, SSXU returned 12.21%/yr vs 21.99%/yr for IDVO. Their correlation of 0.88 suggests significant overlap in exposure. SSXU charges 1.15%/yr vs 0.65%/yr for IDVO.

Performance

SSXU vs. IDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Day Hagan/Ned Davis Research Smart Sector International ETF (SSXU) 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, SSXU achieves a 3.06% return, which is significantly lower than IDVO's 11.71% return.

SSXU

• 1D: -1.45%
• 1M: -1.58%
• YTD: 3.06%
• 6M: 2.66%
• 1Y: 17.70%
• 3Y*: 12.21%
• 5Y*: —
• 10Y*: —

IDVO

• 1D: -1.65%
• 1M: -1.08%
• YTD: 11.71%
• 6M: 10.97%
• 1Y: 32.71%
• 3Y*: 21.99%
• 5Y*: —
• 10Y*: —

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

SSXU vs. IDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SSXU Day Hagan/Ned Davis Research Smart Sector International ETF	3.06%	27.09%	5.28%	9.56%	4.46%
IDVO Amplify CWP International Enhanced Dividend Income ETF	11.71%	36.46%	10.16%	17.53%	6.42%

Correlation

The correlation between SSXU and IDVO is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022	0.88

The correlation between SSXU and IDVO has been stable across timeframes, ranging from 0.87 to 0.88 - a consistent structural relationship.

SSXU vs. IDVO - Sectors Allocation Comparison

Sectors	SSXU	IDVO
Financial Services	23.0%	19.9%
Industrials	16.2%	7.2%
Basic Materials	14.5%	17.1%
Consumer Cyclical	8.0%	3.2%
Healthcare	6.8%	7.8%
Technology	6.7%	10.7%
Consumer Defensive	6.5%	8.2%
Energy	5.5%	12.5%
Communication Services	5.1%	10.3%
Utilities	4.3%	3.2%
Real Estate	3.5%	-

Return for Risk

SSXU vs. IDVO — Risk / Return Rank

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

SSXU

SSXU Risk / Return Rank: 38
SSXU Sharpe Ratio Rank: 39
SSXU Sortino Ratio Rank: 38
SSXU Omega Ratio Rank: 38
SSXU Calmar Ratio Rank: 36
SSXU Martin Ratio Rank: 39

IDVO

IDVO Risk / Return Rank: 64
IDVO Sharpe Ratio Rank: 63
IDVO Sortino Ratio Rank: 60
IDVO Omega Ratio Rank: 63
IDVO Calmar Ratio Rank: 66
IDVO Martin Ratio Rank: 68

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.

SSXU vs. IDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Day Hagan/Ned Davis Research Smart Sector International ETF (SSXU) 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.

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.

	SSXU	IDVO	Difference
Sharpe ratio: Return per unit of total volatility	1.27	2.01	-0.74
Sortino ratio: Return per unit of downside risk	1.81	2.71	-0.90
Omega ratio: Gain probability vs. loss probability	1.23	1.37	-0.13
Calmar ratio: Return relative to maximum drawdown	1.66	3.17	-1.51
Martin ratio: Return relative to average drawdown	5.62	12.03	-6.41

SSXU vs. IDVO - Sharpe Ratio Comparison

The current SSXU Sharpe Ratio is 1.27, which is lower than the IDVO Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of SSXU 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.

Drawdowns

SSXU vs. IDVO - Drawdown Comparison

The maximum SSXU drawdown since its inception was -13.91%, smaller than the maximum IDVO drawdown of -15.46%. Use the drawdown chart below to compare losses from any high point for SSXU and IDVO.

Drawdown Indicators

	SSXU	IDVO	Difference
Max Drawdown Largest peak-to-trough decline	-13.91%	-15.46%	+1.55%
Max Drawdown (1Y) Largest decline over 1 year	-10.71%	-10.37%	-0.34%
Max Drawdown (3Y) Largest decline over 3 years	-13.91%	-15.46%	+1.55%
Current Drawdown Current decline from peak	-5.35%	-3.34%	-2.01%
Average Drawdown Average peak-to-trough decline	-3.24%	-2.30%	-0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	2.73%	+0.43%

Volatility

SSXU vs. IDVO - Volatility Comparison

The current volatility for Day Hagan/Ned Davis Research Smart Sector International ETF (SSXU) is 4.43%, while Amplify CWP International Enhanced Dividend Income ETF (IDVO) has a volatility of 6.04%. This indicates that SSXU 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

	SSXU	IDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.43%	6.04%	-1.61%
Volatility (6M) Calculated over the trailing 6-month period	11.95%	13.94%	-1.99%
Volatility (1Y) Calculated over the trailing 1-year period	14.01%	16.37%	-2.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.41%	16.49%	-2.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.41%	16.49%	-2.08%

SSXU vs. IDVO - Expense Ratio Comparison

SSXU has a 1.15% expense ratio, which is higher than IDVO's 0.65% expense ratio.

Dividends

SSXU vs. IDVO - Dividend Comparison

SSXU's dividend yield for the trailing twelve months is around 2.58%, less than IDVO's 5.60% yield.

Position	TTM	2025	2024	2023	2022
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.60%	5.42%	6.14%	5.72%	1.96%
SSXU Day Hagan/Ned Davis Research Smart Sector International ETF	2.58%	2.66%	2.74%	2.07%	0.65%

Frequently Asked Questions

Can I hold both SSXU and IDVO in my portfolio?

SSXU and IDVO have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SSXU or IDVO?

IDVO has higher volatility (6.04%) compared to SSXU (4.43%). In terms of maximum drawdown, SSXU dropped -13.91% vs IDVO's -15.46%.

Which ETF is better, SSXU or IDVO?

On 3-year performance, IDVO leads with 21.99% vs 12.21% for SSXU. On fees, IDVO is cheaper at 0.65% per year. On volatility, SSXU has been the lower-risk option at 4.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SSXU or IDVO?

Over the 3-year period, IDVO has performed better with a 21.99% return vs 12.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SSXU or IDVO?

IDVO is cheaper with a 0.65% expense ratio, compared with 1.15% for SSXU.

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

IDVO has the higher dividend yield at 5.60%, compared with 2.58% for SSXU.

What is the main difference between SSXU and IDVO?

SSXU is categorized as Foreign Large Cap Equities, while IDVO is Derivative Income. They also come from different issuers: Day Hagan and Amplify. Their fees differ too: 1.15% for SSXU and 0.65% for IDVO.

Which has better risk-adjusted returns?

IDVO currently has the higher Sharpe Ratio (2.01 vs 1.27), 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.