USD=X vs. DIVO

Last updated Jul 22, 2026

USD=X (USD Cash) is a currency, while DIVO (Amplify CWP Enhanced Dividend Income ETF) is Derivative Income fund actively managed by Amplify. Over the past 5 years, USD=X returned 0.00%/yr vs 10.57%/yr for DIVO.

Performance

USD=X vs. DIVO - Performance Comparison

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

Returns By Period

USD=X

• 1D: 0.00%
• 1M: 0.00%
• 6M: 0.00%
• YTD: 0.00%
• 1Y: 0.00%
• 3Y*: 0.00%
• 5Y*: 0.00%
• 10Y*: 0.00%
• ALL TIME*: 0.00%

DIVO

• 1D: 0.48%
• 1M: 1.67%
• 6M: 5.64%
• YTD: 6.93%
• 1Y: 15.99%
• 3Y*: 14.08%
• 5Y*: 10.57%
• 10Y*: —
• ALL TIME*: 12.51%

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

USD=X vs. DIVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
USD=X USD Cash	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIVO Amplify CWP Enhanced Dividend Income ETF	6.93%	17.40%	16.22%	6.95%	-1.46%	22.87%	12.40%	24.90%	-3.18%	21.41%

Return for Risk

USD=X vs. DIVO — Risk / Return Rank

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

USD=X

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

DIVO

DIVO Risk / Return Rank: 73
DIVO Sharpe Ratio Rank: 73
DIVO Sortino Ratio Rank: 78
DIVO Omega Ratio Rank: 70
DIVO Calmar Ratio Rank: 73
DIVO Martin Ratio Rank: 72

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.

USD=X vs. DIVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USD Cash (USD=X) 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.

	USD=X	DIVO	Difference
Sharpe ratio: Return per unit of total volatility	—	1.75	—
Sortino ratio: Return per unit of downside risk	—	2.61	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.70	—
Martin ratio: Return relative to average drawdown	—	9.51	—

Drawdowns

USD=X vs. DIVO - Drawdown Comparison

The maximum USD=X drawdown since its inception was 0.00%, smaller than the maximum DIVO drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for USD=X and DIVO.

Drawdown Indicators

	USD=X	DIVO	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-30.04%	+30.04%
Max Drawdown (1Y) Largest decline over 1 year	0.00%	-5.95%	+5.95%
Max Drawdown (3Y) Largest decline over 3 years	0.00%	-12.12%	+12.12%
Max Drawdown (5Y) Largest decline over 5 years	0.00%	-13.72%	+13.72%
Max Drawdown (10Y) Largest decline over 10 years	0.00%	—	—
Current Drawdown Current decline from peak	0.00%	-0.54%	+0.54%
Average Drawdown Average peak-to-trough decline	0.00%	-2.59%	+2.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	1.69%	-1.69%

Volatility

USD=X vs. DIVO - Volatility Comparison

The current volatility for USD Cash (USD=X) is 0.00%, while Amplify CWP Enhanced Dividend Income ETF (DIVO) has a volatility of 2.11%. This indicates that USD=X experiences smaller price fluctuations and is considered to be less risky than DIVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USD=X	DIVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	2.11%	-2.11%
Volatility (6M) Calculated over the trailing 6-month period	0.00%	7.11%	-7.11%
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	9.19%	-9.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	11.89%	-11.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	14.78%	-14.78%

Frequently Asked Questions

Which is riskier, USD=X or DIVO?

DIVO has higher volatility (2.11%) compared to USD=X (0.00%). In terms of maximum drawdown, USD=X dropped 0.00% vs DIVO's -30.04%.