TMET vs. IDVO

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Transition-Enabling Metals ETF (TMET) and Amplify International Enhanced Dividend Income ETF (IDVO).

TMET and IDVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TMET is a passively managed fund by iShares that tracks the performance of the ICE Clean Energy Transition. It was launched on Sep 26, 2023. IDVO is an actively managed fund by Amplify. It was launched on Sep 8, 2022.

Performance

TMET vs. IDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Transition-Enabling Metals ETF (TMET) and Amplify International Enhanced Dividend Income ETF (IDVO). The values are adjusted to include any dividend payments, if applicable.

TMET vs. IDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
TMET iShares Transition-Enabling Metals ETF	6.09%	54.07%	6.95%	2.69%
IDVO Amplify International Enhanced Dividend Income ETF	7.15%	36.46%	10.16%	8.46%

Returns By Period

In the year-to-date period, TMET achieves a 6.09% return, which is significantly lower than IDVO's 7.15% return.

TMET

• 1D: 2.94%
• 1M: -7.54%
• YTD: 6.09%
• 6M: 30.98%
• 1Y: 44.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IDVO

• 1D: 3.80%
• 1M: -5.12%
• YTD: 7.15%
• 6M: 11.86%
• 1Y: 36.67%
• 3Y*: 21.40%
• 5Y*: —
• 10Y*: —

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

TMET vs. IDVO - Expense Ratio Comparison

TMET has a 0.48% expense ratio, which is lower than IDVO's 0.65% expense ratio.

IDVO

Amplify International Enhanced Dividend Income ETF

TMET

iShares Transition-Enabling Metals ETF

Return for Risk

TMET vs. IDVO — Risk / Return Rank

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

TMET

TMET Risk / Return Rank: 71
TMET Sharpe Ratio Rank: 77
TMET Sortino Ratio Rank: 69
TMET Omega Ratio Rank: 75
TMET Calmar Ratio Rank: 75
TMET Martin Ratio Rank: 57

IDVO

IDVO Risk / Return Rank: 91
IDVO Sharpe Ratio Rank: 92
IDVO Sortino Ratio Rank: 92
IDVO Omega Ratio Rank: 93
IDVO Calmar Ratio Rank: 89
IDVO Martin Ratio Rank: 92

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.

TMET vs. IDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Transition-Enabling Metals ETF (TMET) 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.

	TMET	IDVO	Difference
Sharpe ratio Return per unit of total volatility	1.45	2.00	-0.55
Sortino ratio Return per unit of downside risk	1.76	2.61	-0.85
Omega ratio Gain probability vs. loss probability	1.29	1.40	-0.12
Calmar ratio Return relative to maximum drawdown	1.97	2.77	-0.80
Martin ratio Return relative to average drawdown	5.67	12.06	-6.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TMET vs. IDVO - Sharpe Ratio Comparison

The current TMET Sharpe Ratio is 1.45, which is comparable to the IDVO Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of TMET and IDVO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TMET	IDVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.45	2.00	-0.55
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	1.32	-0.22

Correlation

The correlation between TMET and IDVO is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TMET vs. IDVO - Dividend Comparison

TMET's dividend yield for the trailing twelve months is around 13.93%, more than IDVO's 5.54% yield.

	TTM	2025	2024	2023	2022
TMET iShares Transition-Enabling Metals ETF	13.93%	14.78%	29.62%	1.02%	0.00%
IDVO Amplify International Enhanced Dividend Income ETF	5.54%	5.42%	6.14%	5.72%	1.96%

Drawdowns

TMET vs. IDVO - Drawdown Comparison

The maximum TMET drawdown since its inception was -22.20%, which is greater than IDVO's maximum drawdown of -15.46%. Use the drawdown chart below to compare losses from any high point for TMET and IDVO.

Drawdown Indicators

	TMET	IDVO	Difference
Max Drawdown Largest peak-to-trough decline	-22.20%	-15.46%	-6.74%
Max Drawdown (1Y) Largest decline over 1 year	-22.20%	-12.81%	-9.39%
Current Drawdown Current decline from peak	-16.58%	-6.50%	-10.08%
Average Drawdown Average peak-to-trough decline	-6.11%	-2.31%	-3.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.71%	2.94%	+4.77%

Volatility

TMET vs. IDVO - Volatility Comparison

iShares Transition-Enabling Metals ETF (TMET) has a higher volatility of 9.79% compared to Amplify International Enhanced Dividend Income ETF (IDVO) at 8.13%. This indicates that TMET'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

	TMET	IDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.79%	8.13%	+1.66%
Volatility (6M) Calculated over the trailing 6-month period	27.17%	12.71%	+14.46%
Volatility (1Y) Calculated over the trailing 1-year period	30.94%	18.46%	+12.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.04%	16.33%	+7.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.04%	16.33%	+7.71%