Data as of Nov 4, 2026.

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Income ETFs

DIVO vs FTQI: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, FTQI paid 12.1% of its price in cash against DIVO’s 6.8%, and returned more with it reinvested.

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Net assets on Nov 3, 2026: $8.0bn for Amplify CWP Enhanced Dividend Income ETF and $997m for First Trust Nasdaq BuyWrite Income ETF.

At a glance
6.8%
DIVO cash paid, 1 year
12.1%
FTQI cash paid, 1 year
+15.2%
DIVO total return, 1 year
+16.5%
FTQI total return, 1 year
DIVO · 1 year to Nov 4, 2026 About even with SPY
DIVO
+15.2%
SPY
+14.8%

About even with SPY

DIVO over 1 year: paid 6.8%, price +7.9%, total +15.2%, SPY +14.8%, +0.4 pts. Data to Nov 4, 2026.

SPY

+14.8%

DIVO

+15.2%

6.8% of it arrived as cash

about even with SPY

Total return, distributions reinvested

About even with SPY

DIVO over 1 year: paid 6.8%, price +7.9%, total +15.2%, SPY +14.8%, +0.4 pts. Data to Nov 4, 2026.

SPY

+14.8%

DIVO

+15.2%

about even with SPY

6.8% of it arrived as cash. Total return, distributions reinvested. DIVO over 1 year: paid 6.8%, price +7.9%, total +15.2%, SPY +14.8%, +0.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
FTQI · 1 year to Nov 4, 2026 4.2 pts ahead of QQQ
FTQI
+16.5%
QQQ
+12.3%

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

12.1% of it arrived as cash

4.2 pts ahead of QQQ

Total return, distributions reinvested

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

12.1% as cash

4.2 pts ahead of QQQ

12.1% of it arrived as cash. Both charts share one scale, 0 to +16.5%. FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +16.5%. Data to Nov 4, 2026.

Pair scorecard

DIVO costs 0.19 points a year less; their one-year returns differ by 1.3 points; DIVO is 8.0 times larger.

Points (pts) are percentage points.

DIVO vs FTQI: Dividend Yield & Total Return
MeasureDIVOFTQI
Paid and earned
Total return, 1 year+15.2%+16.5%
Price change, 1 yearrose 7.9%rose 3.5%
Return of capital, issuer estimate88% of the Oct 30, 2026 payment99% of the Oct 30, 2026 payment
Against its benchmark
BenchmarkS&P 500, measured through SPYNasdaq-100, measured through QQQ
Cost and size
Expense ratio0.56%0.75%
Net assets, as of Nov 3, 2026$8.0bn$997m
Holdings
Holdings in common17%
ETFIQ Distribution Coverage Score · DIVO scores higher How much of what it paid out did its total return cover?
IQ Income Score89.5DIVO74FTQI

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

Risk and return

Dec 23, 2016 to Oct 30, 2026 · 514 weekly returns
DIVO FTQI
Return
Total return edge DIVO +220.5% +104.2%
Annualized edge DIVO +12.5% +7.5%
Price return edge DIVO +88.8% +1.8%
Risk
Volatility edge FTQI 13.9% 11.6%
Max drawdown edge FTQI −27.7% −18.5%
Downside capture 76.1% 58.3%
Beta 0.73 0.45
Risk-adjusted
Sharpe edge DIVO 0.74 0.46
Sortino edge DIVO 1.04 0.64
Treynor 0.139 0.123
Calmar edge DIVO 0.45 0.41
Against the benchmark
Alpha +0.9% a year −2.0% a year
Alpha t-stat 0.47 −0.90
Information ratio −0.33 −0.84
Tracking error 7.5% 13.4%

Each against its own benchmark: DIVO against SPY, Dec 23, 2016 to Oct 30, 2026; FTQI against QQQ, Jan 17, 2014 to Oct 30, 2026.

Reading

From Dec 2016 to Oct 2026, DIVO returned more: +220.5% to +104.2%. FTQI swung less: 11.6% to 13.9%. FTQI fell less at its worst: −18.5% to −27.7%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: DIVO vs FTQI: Dividend Yield & Total Return
MeasureDIVOFTQIEdgeHow it is measured
Return
Total return+220.5%+104.2%DIVOPrice change plus distributions, reinvested.
Annualized+12.5%+7.5%DIVOTotal return as a yearly rate.
Price return+88.8%+1.8%DIVOPrice change alone, distributions left out.
Risk
Volatility13.9%11.6%FTQISpread of weekly returns, annualized. Lower is steadier.
Downside deviation9.8%8.4%FTQILike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−27.7%−18.5%FTQIDeepest fall from a high to the low after it.
Upside capture62.8%31.2%Share of its benchmark's rise caught in the weeks it rose.
Downside capture76.1%58.3%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.730.45Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.820.55Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.740.46DIVOReturn above Treasury bills per unit of volatility.
Sortino1.040.64DIVOReturn above Treasury bills per unit of downside deviation.
Treynor0.1390.123Return above Treasury bills per unit of beta.
Calmar0.450.41DIVOAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkSPYQQQThe ETF each fund is measured against.
Alpha+0.9% a year−2.0% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.47−0.90Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−2.8% to +4.6%−6.4% to +2.4%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.33−0.84Return against its benchmark per unit of tracking error.
Tracking error7.5%13.4%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 514 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

17%

By the books each fund has filed, DIVO and FTQI hold 17% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.

0 half 100%

half

17% in common

Positions both hold · largest shared weight first DIVO FTQI
Apple Inc 5.07% 8.98%
NVIDIA Corp 3.67% 6.22%
Alphabet Inc 2.64% 1.72%
Microsoft Corp 6.15% 1.55%
AbbVie Inc 1.23% 1.48%
CME Group Inc 3.46% 1.10%
Amgen Inc 5.81% 1.08%
Caterpillar Inc 4.22% 0.66%
Coca-Cola Co 2.09% 0.24%
American Express Co 4.23% 0.20%
Marathon Petroleum Corp 1.68% 0.18%
Chevron Corp 3.73% 0.14%
Only in one fund ↓
Only in DIVO
Visa Inc 5.64%
Invesco Government & Agency Portfolio 12/31/2031 5.35%
JPMORGAN CHASE & CO. 5.08%
Goldman Sachs Group Inc 4.99%
Amplify Samsung SOFR ETF 4.10%
State Street Consumer Discretionary Select Sector SPDR ETF 3.87%
Merck & Co Inc 3.54%
FedEx Corp 3.31%
Only in FTQI
Advanced Micro Devices, Inc. 4.73%
Amazon.com, Inc. 4.23%
Cisco Systems, Inc. 3.10%
Tesla, Inc. 3.05%
Meta Platforms, Inc. (Class A) 2.67%
Palantir Technologies Inc. (Class A) 2.60%
Micron Technology, Inc. 2.01%
Alphabet Inc. (Class C) 1.72%
Check overlap with more funds →

Side by side

DIVO Amplify CWP Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly FTQI First Trust Nasdaq BuyWrite Income ETF · Covered call on QQQ, paying monthly
Strategy dividend stocks with call overlay covered call
Benchmark S&P 500 (SPY) Nasdaq-100 (QQQ)
Pays monthly monthly
Payout rate, annualized 4.8% 12.3%
Expense ratio 0.56% 0.75%
Cash paid, 1 year 6.8% 12.1%
Price change, 1 year +7.9% +3.5%
Total return, 1 year +15.2% +16.5%
Benchmark return, 1 year +14.8% +12.3%
Ahead or behind +0.4 pts +4.2 pts
Return of capital, latest estimate 88% 99%
Age 9.9 years 12.8 years
Net assets, as of Nov 3, 2026 $8.0bn $997m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: DIVO vs FTQI: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowDIVOFTQIDIVOFTQIDIVOFTQI
3 months+1.5%+0.4%1.2%3.0%+1.6 pts+3.8 pts
6 months+7.7%+6.6%2.5%6.0%+2.7 pts+6.9 pts
1 year+15.2%+16.5%6.8%12.1%+0.4 pts+4.3 pts
3 years+61.8%+60.8%19.8%38.1%−21.1 pts−30.5 pts
Since launchNot the same days: DIVO Dec 2016 · FTQI Jan 2014+226.1%+138.8%73.9%81.1%−71.7 pts−641.3 pts

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About each fund
DIVO

Over the year to Nov 4, 2026, DIVO paid 6.8% of its starting value in cash distributions while its price rose 7.9%. With every distribution reinvested, the fund returned +15.2%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 4.8%, paid monthly. Amplify estimates that 88% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

FTQI

Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting value in cash distributions while its price rose 3.5%. With every distribution reinvested, the fund returned +16.5%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 12.3%, paid monthly. First Trust estimates that 99% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, DIVO or FTQI?
Over the year to Nov 4, 2026, DIVO paid 6.8% of its starting price in cash and FTQI paid 12.1%, so FTQI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, DIVO or FTQI?
With every distribution reinvested, DIVO returned +15.2% and FTQI +16.5% over the year to Nov 4, 2026.
Which is cheaper, DIVO or FTQI?
DIVO charges 0.56% a year and FTQI charges 0.75%, so DIVO is cheaper. Fees come from each fund's prospectus.
Other comparisons
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Sources and dates

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, DIVO against FTQI, data as of Nov 4, 2026. https://etfiq.com/compare/income/divo-vs-ftqi

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