Amplify CWP Enhanced Dividend Income ETF (DIVO)

How has DIVO done since 2016?#

From December 2016 to October 2026, DIVO returned about 12.7% a year. The S&P 500 returned about 15.0% a year over the same dates. Say you put in $10,000 at the start. It would have been worth about $32,326 at the end, with every dividend reinvested.

DIVO returns by month and year#

DIVO rose in 81 of its 119 months (68%). Its best month was April 2020, at 12.8%. Its worst was March 2020, at −9.1%.

How risky is DIVO compared with the S&P 500?#

Measured from October 2021 to October 2026, on the days both traded.

• Beta 0.60. When the S&P 500 moved 1% in a day, DIVO tended to move about 0.60%.
• Correlation 0.86. DIVO mostly moved with the S&P 500.
• Up and down months. In months the S&P 500 rose, DIVO rose 77% as much on average. In months it fell, DIVO fell 70% as much.

Is DIVO above its 200-day average?#

DIVO closed 5.0% above its 200-day average on October 16, 2026. A rule that holds DIVO only above that average would hold it today.

What was DIVO’s worst drop?#

A drawdown is how far a fund falls from its last high point. DIVO’s worst fall was −30.0%, from January 17, 2020 to March 23, 2020. It got back to that high on August 12, 2020. On October 16, 2026 it was 1.5% below its highest close.

What does DIVO hold?#

This fund owns a small group of large US companies that pay dividends, picked by its managers. It sometimes sells options on those stocks to earn extra income. With about 30 holdings, it is less spread out than an index fund.

It does not track an index. Its managers choose what it holds. It had 30 holdings as of October 16, 2026, according to Amplify ETFs.

What is the DIVO expense ratio?#

DIVO charges 0.56% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.56% fee comes to about $56 a year. Of the 162 ETFs on Tactfolio, 9% charge more.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

Which Tactfolio strategies hold DIVO?#

No classic strategy holds DIVO yet. You can add it to your own rules in the builder and see how they would have done.

How does DIVO compare with similar ETFs?#

Funds that can stand in for DIVO:

• GPIX: Goldman Sachs S&P 500 Premium Income ETF, 0.29% a year
• JEPI: JPMorgan Equity Premium Income ETF, 0.35% a year
• JEPQ: JPMorgan Nasdaq Equity Premium Income ETF, 0.35% a year
• QYLD: Global X NASDAQ 100 Covered Call ETF, 0.6% a year

See all 8 DIVO alternatives, compared on the same dates as DIVO.

Test DIVO in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add DIVO, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for DIVO and SPY. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns. Beta and correlation compare daily returns with the S&P 500 over the same dates.

Fund facts come from Amplify ETFs. We checked them on October 17, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.