ZINC vs. NDIV

Last updated Aug 5, 2026

ZINC (Zacks Income ETF) and NDIV (Amplify Energy & Natural Resources Covered Call ETF) are both exchange-traded funds - ZINC is a Dividend fund actively managed by Zacks, while NDIV is a Energy Equities fund tracking the VettaFi Energy and Natural Resources Covered Call Index. ZINC is actively managed, while NDIV is passively managed. Their 0.22 correlation means their historical movements had little consistent relationship. ZINC charges 0.55%/yr vs 0.59%/yr for NDIV.

Performance

ZINC vs. NDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Zacks Income ETF (ZINC) and Amplify Energy & Natural Resources Covered Call ETF (NDIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ZINC

• 1D: 0.90%
• 1M: 2.33%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

NDIV

• 1D: -0.72%
• 1M: 5.87%
• 6M: 14.23%
• YTD: 30.97%
• 1Y: 30.92%
• 3Y*: 15.23%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.00%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NDIV Amplify Energy & Natural Resources Covered Call ETF	$336.27K	$379.31K	$487.11K
ZINC Zacks Income ETF	$195.58K	$433.78K	$222.56K

ZINC vs. NDIV - Yearly Performance Comparison

	2026 (YTD)
ZINC Zacks Income ETF	4.83%
NDIV Amplify Energy & Natural Resources Covered Call ETF	-0.89%

Correlation

The correlation between ZINC and NDIV is 0.22, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 2, 2026	0.22

Return for Risk

ZINC vs. NDIV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ZINC

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

NDIV

NDIV Risk / Return Rank: 58
NDIV Sharpe Ratio Rank: 60
NDIV Sortino Ratio Rank: 56
NDIV Omega Ratio Rank: 53
NDIV Calmar Ratio Rank: 68
NDIV Martin Ratio Rank: 51

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ZINC vs. NDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Zacks Income ETF (ZINC) and Amplify Energy & Natural Resources Covered Call ETF (NDIV). 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.

	ZINC	NDIV	Difference
Sharpe ratio: Return per unit of total volatility	—	1.60	—
Sortino ratio: Return per unit of downside risk	—	2.16	—
Omega ratio: Gain probability vs. loss probability	—	1.27	—
Calmar ratio: Return relative to maximum drawdown	—	2.69	—
Martin ratio: Return relative to average drawdown	—	6.61	—

Drawdowns

ZINC vs. NDIV - Drawdown Comparison

The maximum ZINC drawdown since its inception was -2.86%, smaller than the maximum NDIV drawdown of -19.73%. Use the drawdown chart below to compare losses from any high point for ZINC and NDIV.

Drawdown Indicators

	ZINC	NDIV	Difference
Max Drawdown Largest peak-to-trough decline	-2.86%	-19.73%	+16.87%
Max Drawdown (1Y) Largest decline over 1 year	—	-11.56%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.73%	—
Current Drawdown Current decline from peak	-1.88%	-5.29%	+3.41%
Average Drawdown Average peak-to-trough decline	-0.59%	-4.31%	+3.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.69%	—

Volatility

Volatility by Period

	ZINC	NDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.28%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.78%	19.37%	-8.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.78%	20.87%	-10.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.78%	20.87%	-10.09%

ZINC vs. NDIV - Expense Ratio Comparison

ZINC has a 0.55% expense ratio, which is lower than NDIV's 0.59% expense ratio.

Dividends

ZINC vs. NDIV - Dividend Comparison

ZINC has not paid dividends to shareholders, while NDIV's dividend yield for the trailing twelve months is around 7.84%.

Position	TTM	2025	2024	2023	2022
NDIV Amplify Energy & Natural Resources Covered Call ETF	7.84%	5.64%	5.88%	7.37%	1.69%
ZINC Zacks Income ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ZINC and NDIV in my portfolio?

ZINC and NDIV have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ZINC or NDIV?

On fees, ZINC is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZINC or NDIV?

ZINC is cheaper with a 0.55% expense ratio, compared with 0.59% for NDIV.

Which ETF pays a higher dividend yield, ZINC or NDIV?

NDIV has the higher dividend yield at 7.84%, compared with 0.00% for ZINC.

What is the main difference between ZINC and NDIV?

ZINC is categorized as Dividend, while NDIV is Energy Equities. They also come from different issuers: Zacks and Amplify. Their fees differ too: 0.55% for ZINC and 0.59% for NDIV.