STXD vs. DIVO

Last updated Jun 24, 2026

STXD (Strive 1000 Dividend Growth ETF) and DIVO (Amplify CWP Enhanced Dividend Income ETF) are both exchange-traded funds - STXD is a Large Cap Blend Equities fund tracking the Bloomberg US 1000 Dividend Growth Index, while DIVO is a Derivative Income fund actively managed by Amplify. STXD is passively managed, while DIVO is actively managed. Over the past 3 years, STXD returned 14.62%/yr vs 15.15%/yr for DIVO. Their correlation of 0.82 suggests significant overlap in exposure. STXD charges 0.35%/yr vs 0.56%/yr for DIVO.

Performance

STXD vs. DIVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive 1000 Dividend Growth ETF (STXD) and Amplify CWP Enhanced Dividend Income ETF (DIVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with STXD having a 5.46% return and DIVO slightly lower at 5.40%.

STXD

• 1D: -1.43%
• 1M: 1.82%
• YTD: 5.46%
• 6M: 4.74%
• 1Y: 16.12%
• 3Y*: 14.62%
• 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)

STXD vs. DIVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
STXD Strive 1000 Dividend Growth ETF	5.46%	14.79%	14.51%	13.94%	1.51%
DIVO Amplify CWP Enhanced Dividend Income ETF	5.40%	17.40%	16.22%	6.95%	3.28%

Correlation

The correlation between STXD and DIVO is 0.77, 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	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (All Time) Calculated using the full available price history since Nov 10, 2022	0.82

The correlation between STXD and DIVO has been stable across timeframes, ranging from 0.77 to 0.82 - a consistent structural relationship.

STXD vs. DIVO - Sectors Allocation Comparison

Sectors	STXD	DIVO
Technology	25.3%	14.6%
Financial Services	24.6%	30.3%
Industrials	16.0%	16.1%
Healthcare	12.7%	6.8%
Consumer Cyclical	8.5%	10.9%
Consumer Defensive	3.6%	7.4%
Real Estate	3.2%	-
Basic Materials	3.0%	4.3%
Utilities	2.2%	1.9%
Energy	0.2%	7.0%
Communication Services	0.1%	1.0%

Return for Risk

STXD vs. DIVO — Risk / Return Rank

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

STXD

STXD Risk / Return Rank: 41
STXD Sharpe Ratio Rank: 41
STXD Sortino Ratio Rank: 42
STXD Omega Ratio Rank: 38
STXD Calmar Ratio Rank: 38
STXD Martin Ratio Rank: 46

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.

STXD vs. DIVO - Risk-Adjusted Trends 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.

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.

	STXD	DIVO	Difference
Sharpe ratio: Return per unit of total volatility	1.37	1.90	-0.53
Sortino ratio: Return per unit of downside risk	2.02	2.81	-0.80
Omega ratio: Gain probability vs. loss probability	1.24	1.33	-0.09
Calmar ratio: Return relative to maximum drawdown	1.76	2.93	-1.18
Martin ratio: Return relative to average drawdown	7.26	10.48	-3.23

STXD vs. DIVO - Sharpe Ratio Comparison

The current STXD Sharpe Ratio is 1.37, which is comparable to the DIVO Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of STXD and DIVO, 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

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.

Drawdown Indicators

	STXD	DIVO	Difference
Max Drawdown Largest peak-to-trough decline	-14.87%	-30.04%	+15.17%
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	-5.95%	-3.26%
Max Drawdown (3Y) Largest decline over 3 years	-14.87%	-12.12%	-2.75%
Max Drawdown (5Y) Largest decline over 5 years	—	-13.72%	—
Current Drawdown Current decline from peak	-1.72%	-1.61%	-0.11%
Average Drawdown Average peak-to-trough decline	-1.98%	-2.60%	+0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	1.66%	+0.57%

Volatility

STXD vs. DIVO - Volatility Comparison

Strive 1000 Dividend Growth ETF (STXD) has a higher volatility of 4.05% compared to Amplify CWP Enhanced Dividend Income ETF (DIVO) at 2.94%. 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.

Volatility by Period

	STXD	DIVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.05%	2.94%	+1.11%
Volatility (6M) Calculated over the trailing 6-month period	9.30%	7.14%	+2.16%
Volatility (1Y) Calculated over the trailing 1-year period	11.86%	9.21%	+2.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.18%	11.95%	+1.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.18%	14.82%	-1.64%

STXD vs. DIVO - Expense Ratio Comparison

STXD has a 0.35% expense ratio, which is lower than DIVO's 0.56% expense ratio.

Dividends

STXD vs. DIVO - Dividend Comparison

STXD's dividend yield for the trailing twelve months is around 1.20%, less 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%
STXD Strive 1000 Dividend Growth ETF	1.20%	1.15%	1.23%	1.27%	0.28%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STXD and DIVO in my portfolio?

STXD and DIVO have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STXD or DIVO?

STXD has higher volatility (4.05%) compared to DIVO (2.94%). In terms of maximum drawdown, STXD dropped -14.87% vs DIVO's -30.04%.

Which ETF is better, STXD or DIVO?

On 3-year performance, DIVO leads with 15.15% vs 14.62% for STXD. On fees, STXD is cheaper at 0.35% per year. On volatility, DIVO has been the lower-risk option at 2.94%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STXD or DIVO?

Over the 3-year period, DIVO has performed better with a 15.15% return vs 14.62%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STXD or DIVO?

STXD is cheaper with a 0.35% expense ratio, compared with 0.56% for DIVO.

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

DIVO has the higher dividend yield at 6.43%, compared with 1.20% for STXD.

What is the main difference between STXD and DIVO?

STXD is categorized as Large Cap Blend Equities, while DIVO is Derivative Income. They also come from different issuers: Strive and Amplify. Their fees differ too: 0.35% for STXD and 0.56% for DIVO.

Which has better risk-adjusted returns?

DIVO currently has the higher Sharpe Ratio (1.90 vs 1.37), 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.