WTPI vs. QDVO

Last updated Jun 24, 2026

WTPI (WisdomTree Equity Premium Income Fund) and QDVO (Amplify CWP Growth & Income ETF) are both Derivative Income funds. WTPI is passively managed, while QDVO is actively managed. Over the past year, WTPI returned 16.19% vs 21.13% for QDVO. A 0.79 correlation means they provide meaningful diversification when combined. WTPI charges 0.44%/yr vs 0.56%/yr for QDVO.

Performance

WTPI vs. QDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Equity Premium Income Fund (WTPI) and Amplify CWP Growth & Income ETF (QDVO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTPI achieves a 3.16% return, which is significantly lower than QDVO's 5.51% return.

WTPI

• 1D: -1.14%
• 1M: -0.70%
• YTD: 3.16%
• 6M: 2.00%
• 1Y: 16.19%
• 3Y*: 12.75%
• 5Y*: 9.33%
• 10Y*: 8.20%

QDVO

• 1D: -1.31%
• 1M: -3.62%
• YTD: 5.51%
• 6M: 4.58%
• 1Y: 21.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTPI vs. QDVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
WTPI WisdomTree Equity Premium Income Fund	3.16%	14.45%	4.81%
QDVO Amplify CWP Growth & Income ETF	5.51%	20.16%	9.76%

Correlation

The correlation between WTPI and QDVO is 0.76, 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	0.76
Correlation (All Time) Calculated using the full available price history since Aug 22, 2024	0.79

The correlation between WTPI and QDVO has been stable across timeframes, ranging from 0.76 to 0.79 - a consistent structural relationship.

Return for Risk

WTPI vs. QDVO — Risk / Return Rank

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

WTPI

WTPI Risk / Return Rank: 55
WTPI Sharpe Ratio Rank: 53
WTPI Sortino Ratio Rank: 53
WTPI Omega Ratio Rank: 59
WTPI Calmar Ratio Rank: 48
WTPI Martin Ratio Rank: 62

QDVO

QDVO Risk / Return Rank: 48
QDVO Sharpe Ratio Rank: 50
QDVO Sortino Ratio Rank: 48
QDVO Omega Ratio Rank: 48
QDVO Calmar Ratio Rank: 43
QDVO Martin Ratio Rank: 49

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.

WTPI vs. QDVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Equity Premium Income Fund (WTPI) and Amplify CWP Growth & Income ETF (QDVO). 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.

	WTPI	QDVO	Difference
Sharpe ratio: Return per unit of total volatility	1.75	1.68	+0.07
Sortino ratio: Return per unit of downside risk	2.44	2.31	+0.13
Omega ratio: Gain probability vs. loss probability	1.35	1.30	+0.05
Calmar ratio: Return relative to maximum drawdown	2.27	2.08	+0.19
Martin ratio: Return relative to average drawdown	10.71	8.08	+2.63

WTPI vs. QDVO - Sharpe Ratio Comparison

The current WTPI Sharpe Ratio is 1.75, which is comparable to the QDVO Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of WTPI and QDVO, 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

WTPI vs. QDVO - Drawdown Comparison

The maximum WTPI drawdown since its inception was -28.40%, which is greater than QDVO's maximum drawdown of -17.75%. Use the drawdown chart below to compare losses from any high point for WTPI and QDVO.

Drawdown Indicators

	WTPI	QDVO	Difference
Max Drawdown Largest peak-to-trough decline	-28.40%	-17.75%	-10.65%
Max Drawdown (1Y) Largest decline over 1 year	-7.15%	-10.21%	+3.06%
Max Drawdown (3Y) Largest decline over 3 years	-15.26%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.56%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.40%	—	—
Current Drawdown Current decline from peak	-1.53%	-4.81%	+3.28%
Average Drawdown Average peak-to-trough decline	-3.43%	-2.41%	-1.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.51%	2.62%	-1.11%

Volatility

WTPI vs. QDVO - Volatility Comparison

The current volatility for WisdomTree Equity Premium Income Fund (WTPI) is 3.40%, while Amplify CWP Growth & Income ETF (QDVO) has a volatility of 4.47%. This indicates that WTPI experiences smaller price fluctuations and is considered to be less risky than QDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTPI	QDVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.40%	4.47%	-1.07%
Volatility (6M) Calculated over the trailing 6-month period	7.61%	9.59%	-1.98%
Volatility (1Y) Calculated over the trailing 1-year period	9.33%	12.69%	-3.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.22%	17.54%	-5.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.26%	17.54%	-4.28%

WTPI vs. QDVO - Expense Ratio Comparison

WTPI has a 0.44% expense ratio, which is lower than QDVO's 0.56% expense ratio.

Dividends

WTPI vs. QDVO - Dividend Comparison

WTPI's dividend yield for the trailing twelve months is around 12.19%, more than QDVO's 10.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
QDVO Amplify CWP Growth & Income ETF	10.53%	9.92%	2.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WTPI WisdomTree Equity Premium Income Fund	12.19%	13.18%	11.99%	8.94%	3.27%	0.00%	1.43%	1.47%	6.46%	3.52%	2.27%

Frequently Asked Questions

Can I hold both WTPI and QDVO in my portfolio?

WTPI and QDVO have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTPI or QDVO?

QDVO has higher volatility (4.47%) compared to WTPI (3.40%). In terms of maximum drawdown, WTPI dropped -28.40% vs QDVO's -17.75%.

Which ETF is better, WTPI or QDVO?

On 1-year performance, QDVO leads with 21.13% vs 16.19% for WTPI. On fees, WTPI is cheaper at 0.44% per year. On volatility, WTPI has been the lower-risk option at 3.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTPI or QDVO?

Over the 1-year period, QDVO has performed better with a 21.13% return vs 16.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTPI or QDVO?

WTPI is cheaper with a 0.44% expense ratio, compared with 0.56% for QDVO.

Which ETF pays a higher dividend yield, WTPI or QDVO?

WTPI has the higher dividend yield at 12.19%, compared with 10.53% for QDVO.

What is the main difference between WTPI and QDVO?

They also come from different issuers: WisdomTree and Amplify. Their fees differ too: 0.44% for WTPI and 0.56% for QDVO.

Which has better risk-adjusted returns?

WTPI currently has the higher Sharpe Ratio (1.75 vs 1.68), 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.