Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
DIVO vs SPY: how they differ
Over the year SPY returned more, +17.5% against +16.3%, and SPY charges 0.09% against 0.56%.
Amplify CWP Enhanced Dividend Income ETF and SPDR S&P 500 ETF Trust.
What they hold in common
By the books each fund has filed, DIVO and SPY hold 28% of their money in the same securities at the same weight.
| Holding | DIVO | SPY |
|---|---|---|
| Apple Inc | 5.60% | 7.33% |
| Microsoft Corp | 6.27% | 5.59% |
| NVIDIA Corp | 3.87% | 8.08% |
| Alphabet Inc | 3.03% | 2.98% |
| JPMORGAN CHASE & CO. | 4.96% | 1.45% |
| Visa Inc | 5.14% | 0.93% |
| Walmart Inc | 2.87% | 0.71% |
| Chevron Corp | 4.90% | 0.61% |
| Caterpillar Inc | 5.24% | 0.57% |
| Merck & Co Inc | 3.41% | 0.55% |
| UnitedHealth Group Inc | 0.96% | 0.54% |
| Coca-Cola Co/The | 1.94% | 0.52% |
| Only in DIVO | Only in SPY |
|---|---|
| Amplify Samsung SOFR ETF 4.13% | AMAZON.COM INC 3.77% |
| Invesco Government & Agency Portfolio 12 3.71% | BROADCOM INC 2.61% |
| Agnico Eagle Mines Ltd 1.76% | ALPHABET INC CL C 2.39% |
| Cash & Other 0.11% | META PLATFORMS INC CLASS A 2.16% |
| AXP US 09/18/26 C340 0.00% | MICRON TECHNOLOGY INC 1.69% |
| MRK US 09/18/26 C165 0.00% | TESLA INC 1.56% |
| MSFT US 09/18/26 C500 0.00% | BERKSHIRE HATHAWAY INC CL B 1.42% |
| Southern Copper Corp 0.00% | ELI LILLY + CO 1.36% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026 and Sep 14, 2026.
| DIVO Amplify CWP Enhanced Dividend Income ETF | SPY SPDR S&P 500 ETF Trust | |
|---|---|---|
| Where it sits | Income ETF | Core index fund |
| Issuer | Amplify | State Street |
| What it is | dividend stocks with call overlay, vs SPY | S&P 500 |
| Total return, 1 year | +16.3% | +17.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −1.2 pts | 0.0 pts |
| Cash paid, 1 year | 6.8% | not an income fund |
| Expense ratio | 0.56% | 0.09% |
| Holdings | not filed | 505 |
DIVO in plain words
Over the year to Sep 11, 2026, DIVO paid 6.8% of its starting value in cash distributions while its price rose 8.9%. With every distribution reinvested, the fund returned +16.3%. S&P 500 (SPY) returned +17.5% over the same days, so a holder was behind by 1.2 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 4.9%, paid monthly.
SPY in plain words
SPY is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 38.2%.
Questions people ask
- Which returned more over the last year, DIVO or SPY?
- In the year to Sep 13, 2026, with distributions reinvested, DIVO returned +16.3% and SPY returned +17.5%, so SPY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, DIVO or SPY?
- DIVO charges 0.56% a year and SPY charges 0.09%, so SPY is cheaper. Fees come from each fund's prospectus.
- Are DIVO and SPY the same kind of fund?
- No. DIVO is an option-income ETF and SPY is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, DIVO against SPY, data as of Sep 13, 2026. https://etfiq.com/compare/any/divo-vs-spy Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources