DIVO vs VYM
Amplify CWP Enhanced Dividend Income ETF vs Vanguard High Dividend Yield ETF
Which is better, DIVO or VYM?
VYM has been ahead.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DIVO | VYM |
|---|---|---|
| Expense Ratio | 0.56% | 0.04%Best |
| AUM | $7.9B | $95.8B |
| Dividend Yield | 6.78% | 2.23% |
| Holdings | 70 | 610 |
| YTD Return | +9.80% | +14.91%Best |
| 1Y Return | +11.52% | +18.73%Best |
| 3Y Return (annualized) | +16.61% | +20.11%Best |
| 5Y Return (annualized) | +10.32% | +11.36%Best |
| Volatility (annualized) | 12.6%Best | 14.4% |
| Max Drawdown | -31.7%Best | -35.7% |
| $10,000 over 5 years | $16,341 | $17,126Best |
| Fund Family | Amplify ETFs | Vanguard (US) |
| Category | Alternative | Equity |
| Style | - | Large Cap Value |
| Inception | Dec 13, 2016 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 14, 2016 to Nov 10, 2026 (9.9 years).
DIVO vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 9.9 years both funds cover.
DIVO vs VYM Performance
Amplify CWP Enhanced Dividend Income ETF (DIVO) is an ETF from Amplify ETFs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year DIVO returned +11.52% while VYM returned +18.73%. Year to date, DIVO is up 9.80% versus a gain of 14.91% for VYM.
Over three years, DIVO compounded at +16.61% per year against +20.11% for VYM; over five years the annualized figures are +10.32% and +11.36% respectively. Across the full 10-year window we track, VYM has the edge at +9.82% annualized vs +9.81%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.4% 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 -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DIVO charges 0.56% per year while VYM charges 0.04%. On a $10,000 position that is $56 vs $4 annually, a gap of $52 per year that compounds over a long holding period. On income, DIVO currently yields 6.78% against 2.23% for VYM.
Holdings Overlap
We hold position weights for 1 holding in DIVO and 602 in VYM, totalling 5.2% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in DIVO and 602 in VYM, against full books of 70 and 610.
You are not choosing between two funds in isolation.
Whichever of DIVO and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DIVO or VYM?
DIVO has an expense ratio of 0.56% while VYM charges 0.04%. VYM is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, DIVO or VYM?
Over the past year DIVO returned +11.52% vs +18.73% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (10 years), DIVO annualized +9.81% vs +9.82% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVO or VYM?
VYM has been the more volatile fund at 14.4% annualized versus 12.6% for DIVO. Worst drawdown: DIVO -31.7% vs VYM -35.7%.
Should I hold both DIVO and VYM?
DIVO and VYM have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, DIVO or VYM?
DIVO yields 6.78% while VYM yields 2.23%, so DIVO currently pays the higher dividend yield.
Is VYM better than DIVO?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.