Data as of Nov 4, 2026.

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Income ETFs

DIVO vs RDVI: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, RDVI paid 9.1% 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 $3.9bn for FT Vest Rising Dividend Achievers Target Income ETF.

At a glance
6.8%
DIVO cash paid, 1 year
9.1%
RDVI cash paid, 1 year
+15.2%
DIVO total return, 1 year
+22.0%
RDVI 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.
RDVI · 1 year to Nov 4, 2026 About even with RDVY
RDVI
+22.0%
RDVY
+22.2%

About even with RDVY

RDVI over 1 year: paid 9.1%, price +12.2%, total +22.0%, RDVY +22.2%, −0.2 pts. Data to Nov 4, 2026.

RDVY

+22.2%

RDVI

+22.0%

9.1% of it arrived as cash

about even with RDVY

Total return, distributions reinvested

About even with RDVY

RDVI over 1 year: paid 9.1%, price +12.2%, total +22.0%, RDVY +22.2%, −0.2 pts. Data to Nov 4, 2026.

RDVY

+22.2%

RDVI

+22.0%

about even with RDVY

9.1% of it arrived as cash. Both charts share one scale, 0 to +22.2%. RDVI over 1 year: paid 9.1%, price +12.2%, total +22.0%, RDVY +22.2%, −0.2 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +22.2%. Data to Nov 4, 2026.

Pair scorecard

DIVO costs 0.19 points a year less; their one-year returns differ by 6.8 points; DIVO is 2.1 times larger.

Points (pts) are percentage points.

DIVO vs RDVI: Dividend Yield & Total Return
MeasureDIVORDVI
Paid and earned
Total return, 1 year+15.2%+22.0%
Price change, 1 yearrose 7.9%rose 12.2%
Return of capital, issuer estimate88% of the Oct 30, 2026 payment40% of the Oct 30, 2026 payment
Against its benchmark
BenchmarkS&P 500, measured through SPYFirst Trust Rising Dividend Achievers ETF, measured through RDVY
Cost and size
Expense ratio0.56%0.75%
Net assets, as of Nov 3, 2026$8.0bn$3.9bn
Holdings
Holdings in common15%
ETFIQ Distribution Coverage Score · RDVI scores higher How much of what it paid out did its total return cover?
IQ Income Score89.5DIVO92.5RDVI

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

Oct 28, 2022 to Oct 30, 2026 · 209 weekly returns
DIVO RDVI
Return
Total return edge RDVI +64.6% +86.1%
Annualized edge RDVI +13.2% +16.7%
Price return edge DIVO (slight) +33.4% +31.5%
Risk
Volatility edge DIVO 10.3% 15.3%
Max drawdown edge DIVO −10.6% −16.4%
Downside capture 76.1% 97.1%
Beta 0.73 0.95
Risk-adjusted
Sharpe edge DIVO (slight) 0.81 0.79
Sortino edge Tie 1.21 1.19
Treynor 0.139 0.126
Calmar edge DIVO 1.25 1.02
Against the benchmark
Alpha +0.9% a year −0.4% a year
Alpha t-stat 0.47 −0.67
Information ratio −0.33 −0.72
Tracking error 7.5% 1.3%

Each against its own benchmark: DIVO against SPY, Dec 23, 2016 to Oct 30, 2026; RDVI against RDVY, Oct 28, 2022 to Oct 30, 2026.

Reading

From Oct 2022 to Oct 2026, RDVI returned more: +86.1% to +64.6%. DIVO swung less: 10.3% to 15.3%. DIVO fell less at its worst: −10.6% to −16.4%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: DIVO vs RDVI: Dividend Yield & Total Return
MeasureDIVORDVIEdgeHow it is measured
Return
Total return+64.6%+86.1%RDVIPrice change plus distributions, reinvested.
Annualized+13.2%+16.7%RDVITotal return as a yearly rate.
Price return+33.4%+31.5%DIVO (slight)Price change alone, distributions left out.
Risk
Volatility10.3%15.3%DIVOSpread of weekly returns, annualized. Lower is steadier.
Downside deviation6.9%10.1%DIVOLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−10.6%−16.4%DIVODeepest fall from a high to the low after it.
Upside capture62.8%92.9%Share of its benchmark's rise caught in the weeks it rose.
Downside capture76.1%97.1%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.730.95Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.820.99Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.810.79DIVO (slight)Return above Treasury bills per unit of volatility.
Sortino1.211.19TieReturn above Treasury bills per unit of downside deviation.
Treynor0.1390.126Return above Treasury bills per unit of beta.
Calmar1.251.02DIVOAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkSPYRDVYThe ETF each fund is measured against.
Alpha+0.9% a year−0.4% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.47−0.67Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−2.8% to +4.6%−1.5% to +0.7%Includes zeroThe 95% range for the yearly alpha.
Information ratio−0.33−0.72Return against its benchmark per unit of tracking error.
Tracking error7.5%1.3%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 209 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

15%

By the books each fund has filed, DIVO and RDVI hold 15% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.

0 half 100%

half

15% in common

Positions both hold · largest shared weight first DIVO RDVI
Visa Inc 5.64% 2.35%
Microsoft Corp 6.15% 2.16%
JPMORGAN CHASE & CO. 5.08% 2.02%
NVIDIA Corp 3.67% 2.00%
American Express Co 4.23% 1.88%
Apple Inc 5.07% 1.63%
Alphabet Inc 2.64% 1.57%
Booking Holdings Inc 1.10% 1.16%
CF Industries Holdings Inc 0.79% 0.46%
Only in one fund ↓
Only in DIVO
Amgen Inc 5.81%
Invesco Government & Agency Portfolio 12/31/2031 5.35%
Goldman Sachs Group Inc 4.99%
Caterpillar Inc 4.22%
Amplify Samsung SOFR ETF 4.10%
State Street Consumer Discretionary Select Sector SPDR ETF 3.87%
Chevron Corp 3.73%
Merck & Co Inc 3.54%
Only in RDVI
The Travelers Companies, Inc. 2.39%
Accenture plc 2.35%
Veralto Corporation 2.34%
Automatic Data Processing, Inc. 2.32%
The Allstate Corporation 2.23%
Expedia Group, Inc. 2.17%
Chubb Limited 2.16%
The Bank of New York Mellon Corporation 2.15%
Check overlap with more funds →

Side by side

DIVO Amplify CWP Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly RDVI FT Vest Rising Dividend Achievers Target Income ETF · Writes calls on the S&P 500, measured against the Nasdaq US Rising Dividend Achievers Index, paying monthly
Strategy dividend stocks with call overlay dividend stocks with call overlay
Benchmark S&P 500 (SPY) First Trust Rising Dividend Achievers ETF (RDVY)
Pays monthly monthly
Payout rate, annualized 4.8% 8.3%
Expense ratio 0.56% 0.75%
Cash paid, 1 year 6.8% 9.1%
Price change, 1 year +7.9% +12.2%
Total return, 1 year +15.2% +22.0%
Benchmark return, 1 year +14.8% +22.2%
Ahead or behind +0.4 pts −0.2 pts
Return of capital, latest estimate 88% 40%
Age 9.9 years 4.0 years
Net assets, as of Nov 3, 2026 $8.0bn $3.9bn

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 RDVI: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowDIVORDVIDIVORDVIDIVORDVI
3 months+1.5%−1.9%1.2%2.0%+1.6 pts+0.6 pts
6 months+7.7%+7.9%2.5%4.3%+2.7 pts+0.1 pts
1 year+15.2%+22.0%6.8%9.1%+0.4 pts−0.2 pts
3 years+61.8%+76.0%19.8%30.9%−21.1 pts−6.4 pts
Since launchNot the same days: DIVO Dec 2016 · RDVI Oct 2022+226.1%+106.5%73.9%43.0%−71.7 pts−8.4 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.

RDVI

Over the year to Nov 4, 2026, RDVI paid 9.1% of its starting value in cash distributions while its price rose 12.2%. With every distribution reinvested, the fund returned +22.0%. First Trust Rising Dividend Achievers ETF (RDVY) returned +22.2% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 8.3%, paid monthly. First Trust estimates that 40% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, DIVO or RDVI?
Over the year to Nov 4, 2026, DIVO paid 6.8% of its starting price in cash and RDVI paid 9.1%, so RDVI 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 RDVI?
With every distribution reinvested, DIVO returned +15.2% and RDVI +22.0% over the year to Nov 4, 2026.
Which is cheaper, DIVO or RDVI?
DIVO charges 0.56% a year and RDVI charges 0.75%, so DIVO is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, DIVO against RDVI, data as of Nov 4, 2026. https://etfiq.com/compare/income/divo-vs-rdvi

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