VDY.TO vs. DIVO
Compare and contrast key facts about Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) and Amplify CWP Enhanced Dividend Income ETF (DIVO).
VDY.TO and DIVO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VDY.TO is a passively managed fund by Vanguard that tracks the performance of the FTSE Canada High Dividend Yield Index. It was launched on Nov 2, 2012. 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: VDY.TO or DIVO.
Correlation
The correlation between VDY.TO and DIVO is 0.65, 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.
Performance
VDY.TO vs. DIVO - Performance Comparison
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Key characteristics
VDY.TO:
1.48
DIVO:
0.80
VDY.TO:
1.96
DIVO:
1.24
VDY.TO:
1.30
DIVO:
1.18
VDY.TO:
1.66
DIVO:
0.95
VDY.TO:
6.77
DIVO:
3.56
VDY.TO:
2.66%
DIVO:
3.22%
VDY.TO:
12.11%
DIVO:
14.05%
VDY.TO:
-39.21%
DIVO:
-30.04%
VDY.TO:
0.00%
DIVO:
-1.26%
Returns By Period
The year-to-date returns for both stocks are quite close, with VDY.TO having a 4.67% return and DIVO slightly lower at 4.45%.
VDY.TO
4.67%
7.56%
2.91%
17.20%
8.52%
18.32%
9.47%
DIVO
4.45%
7.04%
2.43%
11.18%
11.83%
13.75%
N/A
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VDY.TO vs. DIVO - Expense Ratio Comparison
VDY.TO has a 0.22% expense ratio, which is lower than DIVO's 0.55% expense ratio.
Risk-Adjusted Performance
VDY.TO vs. DIVO — Risk-Adjusted Performance Rank
VDY.TO
DIVO
VDY.TO vs. DIVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) 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
VDY.TO vs. DIVO - Dividend Comparison
VDY.TO's dividend yield for the trailing twelve months is around 4.39%, less than DIVO's 4.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VDY.TO Vanguard FTSE Canadian High Dividend Yield Index ETF | 4.39% | 4.40% | 4.63% | 4.41% | 3.57% | 4.58% | 4.24% | 4.42% | 3.81% | 3.24% | 4.11% | 3.24% |
DIVO Amplify CWP Enhanced Dividend Income ETF | 4.69% | 4.70% | 4.67% | 4.76% | 4.79% | 4.92% | 8.16% | 5.27% | 3.83% | 0.00% | 0.00% | 0.00% |
Drawdowns
VDY.TO vs. DIVO - Drawdown Comparison
The maximum VDY.TO drawdown since its inception was -39.21%, which is greater than DIVO's maximum drawdown of -30.04%. Use the drawdown chart below to compare losses from any high point for VDY.TO and DIVO. For additional features, visit the drawdowns tool.
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Volatility
VDY.TO vs. DIVO - Volatility Comparison
The current volatility for Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) is 2.26%, while Amplify CWP Enhanced Dividend Income ETF (DIVO) has a volatility of 3.98%. This indicates that VDY.TO 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.
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