Data as of Oct 28, 2026.

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Income ETFs

DIVO vs GPIX: Dividend Yield & Total Return

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Over the year to Oct 28, 2026, GPIX paid 8.6% of its price in cash against DIVO’s 6.6%, and returned more with it reinvested.

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Net assets: $8.1bn on Oct 28, 2026 for Amplify CWP Enhanced Dividend Income ETF, and $6.5bn on Oct 27, 2026 for Goldman Sachs S&P 500 Premium Income ETF.

At a glance
6.6%
DIVO cash paid, 1 year
8.6%
GPIX cash paid, 1 year
+12.7%
DIVO total return, 1 year
+14.7%
GPIX total return, 1 year
DIVO · 1 year to Oct 28, 2026 0.9 pts behind SPY
DIVO
+12.7%
SPY
+13.6%

0.9 pts behind SPY

DIVO over 1 year: paid 6.6%, price +5.5%, total +12.7%, SPY +13.6%, −0.9 pts. Data to Oct 28, 2026.

SPY

+13.6%

DIVO

+12.7%

6.6% of it arrived as cash

0.9 pts behind SPY

Total return, distributions reinvested

0.9 pts behind SPY

DIVO over 1 year: paid 6.6%, price +5.5%, total +12.7%, SPY +13.6%, −0.9 pts. Data to Oct 28, 2026.

SPY

+13.6%

DIVO

+12.7%

0.9 pts behind SPY

6.6% of it arrived as cash. Total return, distributions reinvested. DIVO over 1 year: paid 6.6%, price +5.5%, total +12.7%, SPY +13.6%, −0.9 pts. Data to Oct 28, 2026.

Data to Oct 28, 2026.
GPIX · 1 year to Oct 28, 2026 1.1 pts ahead of SPY
GPIX
+14.7%
SPY
+13.6%

1.1 pts ahead of SPY

GPIX over 1 year: paid 8.6%, price +5.3%, total +14.7%, SPY +13.6%, +1.1 pts. Data to Oct 28, 2026.

SPY

+13.6%

GPIX

+14.7%

8.6% of it arrived as cash

1.1 pts ahead of SPY

Total return, distributions reinvested

1.1 pts ahead of SPY

GPIX over 1 year: paid 8.6%, price +5.3%, total +14.7%, SPY +13.6%, +1.1 pts. Data to Oct 28, 2026.

SPY

+13.6%

GPIX

+14.7%

8.6% cash

1.1 pts ahead of SPY

8.6% of it arrived as cash. Both charts share one scale, 0 to +14.7%. GPIX over 1 year: paid 8.6%, price +5.3%, total +14.7%, SPY +13.6%, +1.1 pts. Data to Oct 28, 2026.

Both charts share one scale, 0 to +14.7%. Data to Oct 28, 2026.

Pair scorecard

GPIX costs 0.27 points a year less; their one-year returns differ by 2.0 points; DIVO is 1.3 times larger.

Points (pts) are percentage points.

DIVO vs GPIX: Dividend Yield & Total Return
MeasureDIVOGPIX
Paid and earned
Total return, 1 year+12.7%+14.7%
Price change, 1 yearrose 5.5%rose 5.3%
Against its benchmark
BenchmarkS&P 500, measured through SPYS&P 500, measured through SPY
Cost and size
Expense ratio0.56%0.29%
Net assets, as of Oct 26, 2026$8.0bn$6.4bn
Holdings
Holdings in common24%
ETFIQ Distribution Coverage Score · DIVO scores higher How much of what it paid out did its total return cover?
IQ Income Score87.5DIVO84.1GPIX

How much of its payouts the fund's total return covered, ranked against 164 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

A percentile among the 164 income ETFs not writing on a single company. 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 →

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

Risk and return

Nov 3, 2023 to Oct 23, 2026 · 155 weekly returns · each against SPY
DIVO GPIX
Return
Total return edge GPIX +59.6% +72.5%
Annualized edge GPIX +17.0% +20.1%
Price return edge DIVO (slight) +36.2% +34.5%
Risk
Volatility edge DIVO 10.2% 12.1%
Max drawdown edge DIVO −10.6% −15.7%
Downside capture 59.7% 86.9%
Beta 0.59 0.87
Risk-adjusted
Sharpe edge GPIX (slight) 1.15 1.20
Sortino edge GPIX (slight) 1.76 1.82
Treynor 0.198 0.168
Calmar edge DIVO 1.61 1.28
Against the benchmark
Alpha +2.0% a year +0.3% a year
Alpha t-stat 0.55 0.35
Information ratio −0.57 −0.85
Tracking error 8.3% 2.2%
Reading

GPIX returned more: +72.5% to +59.6%. DIVO swung less: 10.2% to 12.1%. DIVO fell less at its worst: −10.6% to −15.7%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: DIVO vs GPIX: Dividend Yield & Total Return
MeasureDIVOGPIXSPYEdgeHow it is measured
Return
Total return+59.6%+72.5%GPIXPrice change plus distributions, reinvested.
Annualized+17.0%+20.1%GPIXTotal return as a yearly rate.
Price return+36.2%+34.5%DIVO (slight)Price change alone, distributions left out.
Risk
Volatility10.2%12.1%DIVOSpread of weekly returns, annualized. Lower is steadier.
Downside deviation6.7%8.0%DIVOLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−10.6%−15.7%DIVODeepest fall from a high to the low after it.
Upside capture52.7%80.8%100.0%GPIXShare of its benchmark's rise caught in the weeks it rose.
Downside capture59.7%86.9%100.0%DIVOShare of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.590.871.00DIVO lowerHow far it moves for each 1% its benchmark moves.
R squared0.650.991.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe1.151.20GPIX (slight)Return above Treasury bills per unit of volatility.
Sortino1.761.82GPIX (slight)Return above Treasury bills per unit of downside deviation.
Treynor0.1980.1680.165DIVOReturn above Treasury bills per unit of beta.
Calmar1.611.28DIVOAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkSPYSPYSPYThe ETF each fund is measured against.
Alpha+2.0% a year+0.3% a year0.0%Not significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.550.35Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−5.1% to +9.0%−1.3% to +1.8%Both include zeroThe 95% range for the yearly alpha.
Information ratio−0.57−0.85DIVOReturn against its benchmark per unit of tracking error.
Tracking error8.3%2.2%0.0%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 155 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

24%

By the books each fund has filed, DIVO and GPIX hold 24% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Oct 28, 2026.

0 half 100%

half

24% in common

Positions both hold · largest shared weight first DIVO GPIX
Apple Inc 5.02% 6.45%
NVIDIA Corp 3.98% 7.31%
Microsoft Corp 5.91% 3.89%
Alphabet Inc 2.99% 4.35%
JPMORGAN CHASE & CO. 4.93% 1.36%
Visa Inc 5.21% 0.99%
Caterpillar Inc 5.12% 0.78%
AbbVie Inc 1.20% 0.71%
UnitedHealth Group Inc 3.06% 0.59%
Chevron Corp 3.97% 0.55%
Coca-Cola Co 2.02% 0.53%
Merck & Co Inc 3.34% 0.49%
Only in one fund ↓
Only in DIVO
Invesco Government & Agency Portfolio 12/31/2031 6.17%
Goldman Sachs Group Inc 5.01%
Amplify Samsung SOFR ETF 4.13%
State Street Consumer Discretionary Select Sector SPDR ETF 3.68%
State Street SPDR Dow Jones Industrial Average ETF Trust 3.18%
Agnico Eagle Mines Ltd 1.88%
ADM US 11/20/26 C82.5 0.00%
Southern Copper Corp 0.00%
Only in GPIX
AMAZON.COM INC 3.38%
BROADCOM INC 2.79%
MICRON TECHNOLOGY INC 2.02%
TESLA INC 1.88%
META PLATFORMS INC 1.67%
BERKSHIRE HATHAWAY INC 1.50%
ADVANCED MICRO DEVICES INC 1.48%
ELI LILLY & COMPANY 1.48%
Check overlap with more funds →

Side by side

DIVO Amplify CWP Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly GPIX Goldman Sachs S&P 500 Premium Income ETF · Covered call on SPY, paying monthly
Strategy dividend stocks with call overlay covered call
Benchmark S&P 500 (SPY) S&P 500 (SPY)
Pays monthly monthly
Payout rate, annualized 4.7% 8.5%
Expense ratio 0.56% 0.29%
Cash paid, 1 year 6.6% 8.6%
Price change, 1 year +5.5% +5.3%
Total return, 1 year +12.7% +14.7%
Benchmark return, 1 year +13.6% +13.6%
Ahead or behind −0.9 pts +1.1 pts
Return of capital, latest estimate 68% not published
Age 9.9 years 3.0 years
Net assets, DIVO as of Oct 28, 2026 and GPIX as of Oct 27, 2026 $8.1bn $6.5bn

As of Oct 28, 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 GPIX: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowDIVOGPIXDIVOGPIXDIVOGPIX
3 months+4.2%+5.9%1.2%2.2%−1.9 pts−0.3 pts
6 months+8.4%+9.2%2.1%4.4%−0.7 pts+0.1 pts
1 year+12.7%+14.7%6.6%8.6%−0.9 pts+1.1 pts
3 years+66.6%+84.6%19.9%31.7%−28.4 pts−10.4 pts
Since launchNot the same days: DIVO Dec 2016 · GPIX Oct 2023+224.0%+83.5%73.2%31.5%−76.6 pts−10.6 pts

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Client brief

No client brief for this pair: the two funds' holdings are dated 120 days apart.

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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.

GPIX

Over the year to Oct 28, 2026, GPIX paid 8.6% of its starting value in cash distributions while its price rose 5.3%. With every distribution reinvested, the fund returned +14.7%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was ahead by 1.1 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 8.5%, paid monthly.

Questions people ask

Which paid more, DIVO or GPIX?
Over the year to Oct 28, 2026, DIVO paid 6.6% of its starting price in cash and GPIX paid 8.6%, so GPIX 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 GPIX?
With every distribution reinvested, DIVO returned +12.7% and GPIX +14.7% over the year to Oct 28, 2026.
Which is cheaper, DIVO or GPIX?
DIVO charges 0.56% a year and GPIX charges 0.29%, so GPIX is cheaper. Fees come from each fund's prospectus.
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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 GPIX, data as of Oct 28, 2026. https://etfiq.com/compare/income/divo-vs-gpix

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