WEC vs. IDVO

Last updated Jun 13, 2026

WEC (WEC Energy Group, Inc.) is a stock, while IDVO (Amplify CWP International Enhanced Dividend Income ETF) is Derivative Income fund actively managed by Amplify. Over the past 3 years, WEC returned 11.85%/yr vs 22.78%/yr for IDVO. At a 0.17 correlation, their price movements are largely independent.

Performance

WEC vs. IDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEC Energy Group, Inc. (WEC) and Amplify CWP International Enhanced Dividend Income ETF (IDVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WEC achieves a 9.40% return, which is significantly lower than IDVO's 14.60% return.

WEC

• 1D: 0.33%
• 1M: 3.92%
• YTD: 9.40%
• 6M: 11.07%
• 1Y: 11.56%
• 3Y*: 11.85%
• 5Y*: 7.65%
• 10Y*: 9.51%

IDVO

• 1D: 0.52%
• 1M: 0.18%
• YTD: 14.60%
• 6M: 15.00%
• 1Y: 35.61%
• 3Y*: 22.78%
• 5Y*: —
• 10Y*: —

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

WEC vs. IDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WEC WEC Energy Group, Inc.	9.40%	15.96%	16.11%	-7.00%	-11.01%
IDVO Amplify CWP International Enhanced Dividend Income ETF	14.60%	36.46%	10.16%	17.53%	6.42%

Correlation

The correlation between WEC and IDVO is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022	0.17

The correlation between WEC and IDVO shifts across timeframes, from 0.01 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WEC vs. IDVO — Risk / Return Rank

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

WEC

WEC Risk / Return Rank: 61
WEC Sharpe Ratio Rank: 65
WEC Sortino Ratio Rank: 57
WEC Omega Ratio Rank: 55
WEC Calmar Ratio Rank: 62
WEC Martin Ratio Rank: 64

IDVO

IDVO Risk / Return Rank: 75
IDVO Sharpe Ratio Rank: 76
IDVO Sortino Ratio Rank: 73
IDVO Omega Ratio Rank: 75
IDVO Calmar Ratio Rank: 74
IDVO Martin Ratio Rank: 76

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.

WEC vs. IDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEC Energy Group, Inc. (WEC) and Amplify CWP 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.

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.

	WEC	IDVO	Difference
Sharpe ratio: Return per unit of total volatility	0.67	2.09	-1.42
Sortino ratio: Return per unit of downside risk	1.04	2.81	-1.77
Omega ratio: Gain probability vs. loss probability	1.12	1.38	-0.26
Calmar ratio: Return relative to maximum drawdown	0.91	3.30	-2.39
Martin ratio: Return relative to average drawdown	2.26	12.60	-10.34

WEC vs. IDVO - Sharpe Ratio Comparison

The current WEC Sharpe Ratio is 0.67, which is lower than the IDVO Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of WEC and IDVO, 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

WEC vs. IDVO - Drawdown Comparison

The maximum WEC drawdown since its inception was -45.06%, which is greater than IDVO's maximum drawdown of -15.46%. Use the drawdown chart below to compare losses from any high point for WEC and IDVO.

Drawdown Indicators

	WEC	IDVO	Difference
Max Drawdown Largest peak-to-trough decline	-45.06%	-15.46%	-29.60%
Max Drawdown (1Y) Largest decline over 1 year	-11.22%	-10.37%	-0.85%
Max Drawdown (3Y) Largest decline over 3 years	-16.01%	-15.46%	-0.55%
Max Drawdown (5Y) Largest decline over 5 years	-26.02%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.31%	—	—
Current Drawdown Current decline from peak	-3.68%	-0.84%	-2.84%
Average Drawdown Average peak-to-trough decline	-8.32%	-2.30%	-6.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.54%	2.71%	+1.83%

Volatility

WEC vs. IDVO - Volatility Comparison

The current volatility for WEC Energy Group, Inc. (WEC) is 5.72%, while Amplify CWP International Enhanced Dividend Income ETF (IDVO) has a volatility of 6.41%. This indicates that WEC experiences smaller price fluctuations and is considered to be less risky than IDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WEC	IDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.72%	6.41%	-0.69%
Volatility (6M) Calculated over the trailing 6-month period	11.26%	13.94%	-2.68%
Volatility (1Y) Calculated over the trailing 1-year period	15.21%	16.40%	-1.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.02%	16.50%	+2.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.60%	16.50%	+5.10%

Dividends

WEC vs. IDVO - Dividend Comparison

WEC's dividend yield for the trailing twelve months is around 3.25%, less than IDVO's 5.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IDVO Amplify CWP International Enhanced Dividend Income ETF	5.46%	5.42%	6.14%	5.72%	1.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WEC WEC Energy Group, Inc.	3.25%	3.39%	3.55%	3.71%	3.10%	2.79%	2.75%	2.56%	3.19%	3.13%	3.38%	3.81%

Frequently Asked Questions

Can I hold both WEC and IDVO in my portfolio?

WEC and IDVO have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WEC or IDVO?

IDVO has higher volatility (6.41%) compared to WEC (5.72%). In terms of maximum drawdown, WEC dropped -45.06% vs IDVO's -15.46%.

Which has better risk-adjusted returns?

IDVO currently has the higher Sharpe Ratio (2.09 vs 0.67), 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.