Correlation
The correlation between STXD and DIVO is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
STXD vs. DIVO
Compare and contrast key facts about Strive 1000 Dividend Growth ETF (STXD) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
STXD and DIVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. STXD is a passively managed fund by Strive that tracks the performance of the Bloomberg US 1000 Dividend Growth Index - Benchmark TR Gross. It was launched on Nov 9, 2022. DIVO is an actively managed fund by Amplify Investments. It was launched on Dec 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: STXD or DIVO.
Performance
STXD vs. DIVO - Performance Comparison
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Key characteristics
STXD:
0.71
DIVO:
0.97
STXD:
1.01
DIVO:
1.36
STXD:
1.13
DIVO:
1.20
STXD:
0.71
DIVO:
1.05
STXD:
2.92
DIVO:
3.97
STXD:
3.62%
DIVO:
3.21%
STXD:
16.75%
DIVO:
14.07%
STXD:
-14.87%
DIVO:
-30.04%
STXD:
-1.51%
DIVO:
-1.89%
Returns By Period
In the year-to-date period, STXD achieves a 2.82% return, which is significantly lower than DIVO's 3.79% return.
STXD
2.82%
4.09%
-0.85%
10.50%
N/A
N/A
N/A
DIVO
3.79%
3.36%
-1.53%
12.26%
9.75%
13.22%
N/A
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STXD vs. DIVO - Expense Ratio Comparison
STXD has a 0.35% expense ratio, which is lower than DIVO's 0.55% expense ratio.
Risk-Adjusted Performance
STXD vs. DIVO — Risk-Adjusted Performance Rank
STXD
DIVO
STXD vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strive 1000 Dividend Growth ETF (STXD) 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.
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Dividends
STXD vs. DIVO - Dividend Comparison
STXD's dividend yield for the trailing twelve months is around 1.11%, less than DIVO's 4.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
STXD Strive 1000 Dividend Growth ETF | 1.11% | 1.23% | 1.27% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.77% | 4.70% | 4.67% | 4.76% | 4.79% | 4.91% | 8.16% | 5.27% | 3.83% |
Drawdowns
STXD vs. DIVO - Drawdown Comparison
The maximum STXD drawdown since its inception was -14.87%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for STXD and DIVO.
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Volatility
STXD vs. DIVO - Volatility Comparison
Strive 1000 Dividend Growth ETF (STXD) has a higher volatility of 4.50% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 3.09%. This indicates that STXD's price experiences larger fluctuations and is considered to be riskier than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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