DIVO vs QQQ
DIVO vs QQQ
Amplify CWP Enhanced Dividend Income ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | DIVO | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.56% | 0.18% | |
| AUM | $7.6B | $455.8B | |
| Dividend Yield | 6.89% | 0.41% | |
| Holdings | 35 | 108 | |
| YTD Return | +7.89% | +12.48% | |
| 1Y Return | +17.18% | +22.35% | |
| 3Y Return (annualized) | +14.38% | +22.30% | |
| 5Y Return (annualized) | +10.68% | +14.24% | |
| Volatility (annualized) | 12.7% | 30.6% | |
| Max Drawdown | -31.7% | -83.0% | |
| Fund Family | Amplify ETFs | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Dec 13, 2016 | Mar 10, 1999 |
DIVO vs QQQ Performance
Amplify CWP Enhanced Dividend Income ETF (DIVO) is a ETF from Amplify ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year DIVO returned +17.18% while QQQ returned +22.35%. Year to date, DIVO is up 7.89% versus a gain of 12.48% for QQQ.
Over three years, DIVO compounded at +14.38% per year against +22.30% for QQQ; over five years the annualized figures are +10.68% and +14.24% respectively. Across the full 10-year window we track, QQQ has the edge at +12.91% annualized vs +9.90%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 12.7% 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 -83.0% for QQQ. 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DIVO charges 0.56% per year while QQQ charges 0.18%. On a $10,000 position that is $56 vs $18 annually, a gap of $38 per year that compounds over a long holding period. On income, DIVO currently yields 6.89% against 0.41% for QQQ.
Holdings Overlap
DIVO and QQQ share 6 holdings out of 129 unique holdings combined, representing a 17.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in DIVO | Weight in QQQ | Difference |
|---|---|---|---|
| AAPL | 5.58% | 7.46% | 1.88% |
| NVDA | 2.97% | 7.88% | 4.91% |
| MSFT | 4.96% | 4.65% | 0.31% |
| WMT | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
See all 6 holdings DIVO shares with QQQ 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 QQQ?
DIVO has an expense ratio of 0.56% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $38 per year of difference.
Which performed better, DIVO or QQQ?
Over the past year DIVO returned +17.18% vs +22.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (10 years), DIVO annualized +9.90% vs +12.91% for QQQ. Past performance does not guarantee future results.
Which is riskier, DIVO or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 12.7% for DIVO. Worst drawdown: DIVO -31.7% vs QQQ -83.0%.
Should I hold both DIVO and QQQ?
DIVO and QQQ have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DIVO and QQQ?
DIVO and QQQ share 6 common holdings with a 17.5% weight overlap. Combined, they hold 129 unique securities.
Which pays a higher dividend, DIVO or QQQ?
DIVO yields 6.89% while QQQ yields 0.41%, so DIVO currently pays the higher dividend yield.
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