DIVO vs IVV
DIVO vs IVV
Amplify CWP Enhanced Dividend Income ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | DIVO | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.56% | 0.03% | |
| AUM | $7.6B | $865.2B | |
| Dividend Yield | 6.89% | 1.09% | |
| Holdings | 35 | 508 | |
| YTD Return | +10.28% | +13.31% | |
| 1Y Return | +19.69% | +24.00% | |
| 3Y Return (annualized) | +15.37% | +21.16% | |
| 5Y Return (annualized) | +11.11% | +13.34% | |
| Volatility (annualized) | 12.6% | 15.1% | |
| Max Drawdown | -31.7% | -56.5% | |
| Fund Family | Amplify ETFs | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Dec 13, 2016 | May 15, 2000 |
DIVO vs IVV Performance
Amplify CWP Enhanced Dividend Income ETF (DIVO) is a ETF from Amplify ETFs and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DIVO returned +19.69% while IVV returned +24.00%. Year to date, DIVO is up 10.28% versus a gain of 13.31% for IVV.
Over three years, DIVO compounded at +15.37% per year against +21.16% for IVV; over five years the annualized figures are +11.11% and +13.34% respectively. Across the full 10-year window we track, DIVO has the edge at +10.14% annualized vs +7.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 12.6% for DIVO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -31.7% for DIVO and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DIVO charges 0.56% per year while IVV charges 0.03%. On a $10,000 position that is $56 vs $3 annually, a gap of $53 per year that compounds over a long holding period. On income, DIVO currently yields 6.89% against 1.09% for IVV.
Holdings Overlap
DIVO and IVV share 27 holdings out of 510 unique holdings combined, representing a 23.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in DIVO | Weight in IVV | Difference |
|---|---|---|---|
| AAPL | 5.58% | 7.44% | 1.86% |
| NVDA | 2.97% | 7.76% | 4.79% |
| MSFT | 4.96% | 4.57% | 0.39% |
| JPM | Pro | Pro | Pro |
| CAT | Pro | Pro | Pro |
| GS | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| V | Pro | Pro | Pro |
| AXP | Pro | Pro | Pro |
| TJX | Pro | Pro | Pro |
See all 10 holdings DIVO shares with IVV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, DIVO or IVV?
DIVO has an expense ratio of 0.56% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $53 per year of difference.
Which performed better, DIVO or IVV?
Over the past year DIVO returned +19.69% vs +24.00% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (10 years), DIVO annualized +10.14% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, DIVO or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 12.6% for DIVO. Worst drawdown: DIVO -31.7% vs IVV -56.5%.
Should I hold both DIVO and IVV?
DIVO and IVV have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DIVO and IVV?
DIVO and IVV share 27 common holdings with a 23.3% weight overlap. Combined, they hold 510 unique securities.
Which pays a higher dividend, DIVO or IVV?
DIVO yields 6.89% while IVV yields 1.09%, so DIVO currently pays the higher dividend yield.
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