DIVO — Amplify CWP Enhanced Dividend Income ETF
Dividend Income Ranked #122 of 458 tracked ETFs · Issued by Amplify ETFs
DIVO Price Performance — Growth of $10,000
Value of a $10,000 investment in DIVO over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
DIVO Drawdown
The "underwater" chart: DIVO's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in DIVO?
See what a lump sum in DIVO would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The Amplify CWP Enhanced Dividend Income ETF is a Dividend Income fund issued by Amplify ETFs with $7.73 billion in assets under management. It holds a B grade and ranks 15th out of 20 peers in its category, placing it at #122 overall among 458 tracked ETFs. The fund charges an expense ratio of 0.56%, which is nearly double the category median of 0.29%. In exchange for this higher cost, it offers a dividend yield of 6.34%, significantly above the 2.69% median. The portfolio is concentrated, with the top 10 holdings representing 47.9% of assets and Caterpillar Inc serving as the largest single position at 7.0%.
The ETF has delivered a 1-year return of 13.49%, trailing the category median of 17.96%. Short-term momentum shows a slight dip with a 1-day loss of 0.90% and a 1-week decline of 0.50%, though longer horizons remain positive with a 1-month gain of 1.75% and a 3-month increase of 2.97%. Year-to-date performance stands at 10.34%, while the 3-year return is 63.20%. The current price of $47.57 sits at 71.5% of its 52-week range, indicating it is closer to its high than its low. The B grade has remained unchanged over the last 35 tracked days, and price history is available for 3.0 years.
With a beta of 0.54, the fund exhibits lower sensitivity to market movements compared to the broader market. Annualized volatility is 9.40%, which is classified as Low, contributing to a Sharpe ratio of 0.90. The maximum drawdown recorded is -12.12%, suggesting moderate downside risk during peak stress periods. Liquidity is supported by an average daily volume of 793,935 shares, facilitating ease of trading. These metrics collectively describe a fund that has historically offered a favorable risk-adjusted return profile relative to its volatility.
AI-generated summary based on the data on this page.
DIVO Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Caterpillar Inc | 6.98% | $502M |
| 2 | Apple Inc | 5.10% | $367M |
| 3 | Microsoft Corp | 4.93% | $354M |
| 4 | JPMorgan Chase & Co | 4.86% | $350M |
| 5 | Goldman Sachs Group Inc/The | 4.59% | $331M |
| 6 | American Express Co | 4.52% | $325M |
| 7 | TJX Cos Inc/The | 4.43% | $319M |
| 8 | Amplify Samsung SOFR ETF | 4.31% | $310M |
| 9 | Amgen Inc | 4.19% | $301M |
| 10 | CME Group Inc | 3.98% | $286M |
Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 47.9% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how DIVO's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With DIVO
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with DIVO's top 10 — IWD overlaps most, holding 3 of the same companies as DIVO's top 10 (14.9% of DIVO's assets).
| ETF | Name | Shared Companies | DIVO Weight | Examples |
|---|---|---|---|---|
| IWD | iShares Russell 1000 Value ETF | 3 | 14.9% | Apple Inc, Microsoft Corp, JPMorgan Chase & Co |
| VT | Vanguard Total World Stock Index Fund ETF Shares | 3 | 14.9% | Apple Inc, Microsoft Corp, JPMorgan Chase & Co |
| VIG | Vanguard Dividend Appreciation Index Fund ETF Shares | 3 | 14.9% | Apple Inc, Microsoft Corp, JPMorgan Chase & Co |
| XYLD | Global X S&P 500 Covered Call ETF | 3 | 14.9% | Apple Inc, Microsoft Corp, JPMorgan Chase & Co |
| AVUS | Avantis US Equity ETF | 3 | 14.9% | Apple Inc, Microsoft Corp, JPMorgan Chase & Co |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.96% (as of 2026-10-22) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 19.03 (as of 2026-10-22) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What DIVO's Fees Cost You
DIVO charges an expense ratio of 0.56% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
DIVO Dividend Income Estimator
DIVO currently yields 6.34%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
DIVO Liquidity, Domicile & Tax Treatment
Liquidity: Average daily volume is 794K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $7.73B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: DIVO is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
DIVO Performance History
| Period | Return |
|---|---|
| 1-Day | -0.90% |
| 1-Week | -0.50% |
| 1-Month | +1.75% |
| 3-Month | +2.97% |
| 6-Month | +7.15% |
| YTD | +10.34% |
| 1-Year | +13.49% |
| 3-Year | +63.20% |
How DIVO Compares to Other Dividend Income ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #2 | A |
SCHD | Schwab U.S. Dividend Equity ETF | +35.26% | 0.06% | $108B |
| #4 | B+ |
HDV | iShares Core High Dividend ETF | +28.56% | 0.08% | $14.5B |
| #5 | A |
VYMI | Vanguard International High Dividend Yield Index Fund ETF Shares | +23.92% | 0.07% | $22.3B |
| #8 | B+ |
DGRO | iShares Core Dividend Growth ETF | +19.10% | 0.08% | $41.9B |
| #11 | B+ |
VYM | Vanguard High Dividend Yield Index Fund ETF Shares | +17.69% | 0.04% | $95.8B |
| #12 | B+ |
FDL | First Trust Morningstar Dividend Leaders Index Fund | +27.62% | 0.43% | $7.54B |
| #18 | B+ |
IDV | iShares International Select Dividend ETF | +21.42% | 0.5% | $8.23B |
| #19 | B+ |
SCHY | Schwab International Dividend Equity ETF | +21.02% | 0.08% | $2.55B |
| #20 | B+ |
VIG | Vanguard Dividend Appreciation Index Fund ETF Shares | +14.25% | 0.04% | $128B |
| #45 | B+ |
DVY | iShares Select Dividend ETF | +18.23% | 0.38% | $22.2B |
| #65 | B |
SPYD | State Street SPDR Portfolio S&P 500 High Dividend ETF | +15.99% | 0.07% | $7.08B |
| #67 | B |
SDY | State Street SPDR S&P Dividend ETF | +16.27% | 0.35% | $20.4B |
| #74 | B |
RDVY | First Trust Rising Dividend Achievers ETF | +18.73% | 0.47% | $24.9B |
| #111 | B |
NOBL | ProShares S&P 500 Dividend Aristocrats ETF | +15.94% | 0.35% | $10.9B |
| #122 | B |
DIVO | Amplify CWP Enhanced Dividend Income ETF | +13.49% | 0.56% | $7.73B |
| #158 | B |
DGRW | WisdomTree U.S. Quality Dividend Growth Fund | +11.67% | 0.28% | $16.9B |
| #188 | C |
VIGI | Vanguard International Dividend Appreciation Index Fund ETF Shares | +10.40% | 0.07% | $9.20B |
| #192 | C |
PEY | Invesco High Yield Equity Dividend Achievers ETF | +20.85% | 0.68% | $1.07B |
| #202 | C |
FVD | First Trust Value Line Dividend Index Fund | +11.34% | 0.62% | $7.55B |
| #205 | C |
SPHD | Invesco S&P 500 High Dividend Low Volatility ETF | +10.69% | 0.3% | $3.17B |