Data as of Oct 28, 2026.

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DIVO vs VYM: Differences, Returns & Fees

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Over the year to Oct 28, 2026, DIVO returned +12.7% to VYM's +18.0%, and VYM charges 0.04% to DIVO's 0.56%.

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Net assets: $8.1bn on Oct 28, 2026 for Amplify CWP Enhanced Dividend Income ETF, and $78.9bn on Sep 30, 2026 for Vanguard High Dividend Yield ETF.

At a glance
+12.7%
DIVO total return, 1 year
+18.0%
VYM total return, 1 year
0.56%
DIVO expense ratio
0.04%
VYM expense ratio

Pair scorecard

VYM costs 0.52 points a year less; their one-year returns differ by 5.3 points.

DIVO vs VYM: Differences, Returns & Fees
MeasureDIVOVYM
Return
Total return, 1 year+12.7%+18.0%
Price change, 1 yearrose 5.5%rose 15.2%
Latest payout, annualized4.7%
Return of capital, issuer estimate68% of the Sep 30, 2026 payment
Against its benchmark
What it tracksBenchmark: S&P 500, measured through SPYFTSE High Dividend Yield Index
Against its benchmark, same daysbehind by 0.9 pts
Cost and size
Expense ratio0.56%0.04%
Net assets, DIVO as of Oct 28, 2026 and VYM as of Sep 30, 2026$8.1bn$78.9bn
Holdings
Holdings in common18%
In the S&P 500, by weight90%
Top ten holdings, share of the fund26.2%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 28, 2026. Method

Risk and return

Dec 23, 2016 to Oct 23, 2026 · 513 weekly returns
DIVO VYM
Return
Total return edge DIVO +220.8% +183.7%
Annualized edge DIVO +12.5% +11.1%
Price return edge VYM +89.7% +111.4%
Risk
Volatility edge DIVO 13.9% 15.9%
Max drawdown edge DIVO −27.7% −32.4%
Risk-adjusted
Sharpe edge DIVO 0.74 0.59
Sortino edge DIVO 1.04 0.81
Calmar edge DIVO 0.45 0.34
Reading

DIVO returned more: +220.8% to +183.7%. DIVO swung less: 13.9% to 15.9%. DIVO fell less at its worst: −27.7% to −32.4%.

Full scorecard

9 measures, with how each is measured
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Risk and return: DIVO vs VYM: Differences, Returns & Fees
MeasureDIVOVYMEdgeHow it is measured
Return
Total return+220.8%+183.7%DIVOPrice change plus distributions, reinvested.
Annualized+12.5%+11.1%DIVOTotal return as a yearly rate.
Price return+89.7%+111.4%VYMPrice change alone, distributions left out.
Risk
Volatility13.9%15.9%DIVOSpread of weekly returns, annualized. Lower is steadier.
Downside deviation9.9%11.5%DIVOLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−27.7%−32.4%DIVODeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.740.59DIVOReturn above Treasury bills per unit of volatility.
Sortino1.040.81DIVOReturn above Treasury bills per unit of downside deviation.
Calmar0.450.34DIVOAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 513 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

18%

By the books each fund has filed, DIVO and VYM hold 18% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 28, 2026.

0 half 100%

half

18% in common

Positions both hold · largest shared weight first DIVO VYM
JPMORGAN CHASE & CO. 4.93% 3.75%
Chevron Corp 3.97% 1.61%
Caterpillar Inc 5.12% 1.56%
Merck & Co Inc 3.34% 1.52%
Coca-Cola Co 2.02% 1.42%
UnitedHealth Group Inc 3.06% 1.41%
AbbVie Inc 1.20% 1.96%
RTX Corp 3.21% 1.06%
Goldman Sachs Group Inc 5.01% 1.03%
Amgen Inc 5.52% 0.89%
Verizon Communications Inc 1.03% 0.81%
Marathon Petroleum Corp 1.90% 0.49%
Only in one fund ↓
Only in DIVO
Invesco Government & Agency Portfolio 12/31/2031 6.17%
Microsoft Corp 5.91%
Visa Inc 5.21%
Apple Inc 5.02%
Amplify Samsung SOFR ETF 4.13%
American Express Co 4.07%
NVIDIA Corp 3.98%
State Street Consumer Discretionary Select Sector SPDR ETF 3.68%
Only in VYM
Broadcom Inc 6.93%
ExxonMobil Holdings Corp 2.84%
Johnson & Johnson 2.71%
Cisco Systems Inc 1.80%
Bank of America Corp 1.50%
Procter & Gamble Co 1.44%
Philip Morris International Inc 1.26%
Home Depot Inc 1.20%
Check overlap with more funds →

Side by side

DIVO Amplify CWP Enhanced Dividend Income ETF VYM Vanguard High Dividend Yield ETF
Where it sits Income ETF Stock ETF
What it is dividend stocks with call overlay, vs SPY Tracks an index of US high dividend
Total return, 1 year +12.7% +18.0%
Its benchmark over the same days +13.6% (SPY) not measured
Gap to its benchmark −0.9 pts vs SPY not measured
Cash paid, 1 year 6.6% not an income fund
Expense ratio 0.56% 0.04%
Holdings not read by ETFIQ 595
Net assets, DIVO as of Oct 28, 2026 and VYM as of Sep 30, 2026 $8.1bn $78.9bn

DIVO and VYM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price.

Client brief · page 1 of 2 Report BR-305554969C

DIVO and VYM do different jobs. What does each one do in a portfolio?

  1. What each follows. DIVO is measured against S&P 500 through SPY and VYM follows FTSE High Dividend Yield Index.
  2. Holdings in common. 18% of the weight is in the same securities (holdings dated Oct 28, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 DIVO returned +12.7% and VYM +18.0% with distributions reinvested, a gap of 5.3 points.

Data as of Oct 28, 2026.

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About each fund
DIVO

Over the year to Oct 28, 2026, DIVO paid 6.6% of its starting value in cash distributions while its price rose 5.5%. With every distribution reinvested, the fund returned +12.7%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was behind by 0.9 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 4.7%, paid monthly. Amplify estimates that 68% of the distribution paid Sep 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

VYM

VYM tracks an index of US high dividend. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer as of Sep 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 595 positions, with the top ten at 26.2%.

Questions people ask

Are DIVO and VYM in the same category?
DIVO is an option-income ETF and VYM is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, DIVO or VYM?
In the year to Oct 28, 2026, with distributions reinvested, DIVO returned +12.7% and VYM +18.0%.
Which is cheaper, DIVO or VYM?
VYM is cheaper, by 0.52 percentage points a year. That is about $52 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, DIVO against VYM, data as of Oct 28, 2026. https://etfiq.com/compare/any/divo-vs-vym

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