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Data as of .

DIVO vs ULTY: which paid, and which earned it?

Over the year ULTY paid 46.9% of its price in cash against DIVO’s 6.8%, though DIVO returned more with it reinvested.

Amplify CWP Enhanced Dividend Income ETF and YieldMax(R) Ultra Option Income Strategy ETF, side by side, income ETFs on ETFIQ.

6.8%DIVO cash paid, 1 year
46.9%ULTY cash paid, 1 year
+16.3%DIVO total return, 1 year
−5.8%ULTY total return, 1 year

ETFIQ Return Stability Score: DIVO scores higher

Was the payout funded by returns, or by your own capital?

DIVO 75.8ULTY 4.73.2, the lowest in this set96.9, the highest

A percentile among the 161 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

DIVO1.2 pts behind SPY · 1 year to Sep 11, 2026
SPY+17.5%DIVO+16.3%6.8% as cash1.2 pts behind SPYTotal return, distributions reinvestedSPY+17.5%DIVO+16.3%1.2 pts behind SPY
ULTY23.3 pts behind SPY · 1 year to Sep 11, 2026
SPY+17.5%ULTY−5.8%23.3 pts behind SPYTotal return, distributions reinvestedSPY+17.5%ULTY−5.8%23.3 pts behind SPY

What they hold in common

By the books each fund has filed, DIVO and ULTY hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in DIVOOnly in ULTY
Microsoft Corp 6.27%Alphabet Inc 5.66%
Apple Inc 5.60%Analog Devices Inc 5.47%
Caterpillar Inc 5.24%Amazon.com Inc 5.16%
Visa Inc 5.14%Lam Research Corp 4.99%
JPMORGAN CHASE & CO. 4.96%Ciena Corp 4.95%
Goldman Sachs Group Inc/The 4.95%Quanta Services Inc 4.95%
Chevron Corp 4.90%Lumentum Holdings Inc 4.86%
Amgen Inc 4.61%NVIDIA Corp 4.80%

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 Apr 30, 2026 and Sep 14, 2026.

Performance, window by window

DIVO and ULTY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
DIVOULTYDIVOULTYDIVOULTY
3 months+4.1%−0.3%1.2%14.2%+0.8 pts−3.6 pts
6 months+8.2%+11.2%2.5%29.8%−7.8 pts−4.8 pts
1 year+16.3%−5.8%6.8%46.9%−1.2 pts−23.3 pts
3 years+56.8%not published19.0%not published−21.1 ptsnot published
Since launch+221.3%+9.0%72.4%86.7%−74.2 pts−45.9 pts
Open the live comparison on ETFIQ
DIVO and ULTY on the same fields, as of Sep 11, 2026. Source: ETFIQ.
DIVO
Amplify CWP Enhanced Dividend Income ETF
Dividend stocks with call overlay on SPY, paying monthly
ULTY
YieldMax(R) Ultra Option Income Strategy ETF
Synthetic covered call on SPY, paying weekly
IssuerAmplifyYieldMax
Strategydividend stocks with call overlaysynthetic covered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY), used as a default proxy
Paysmonthlyweekly
Payout rate, annualized4.9%61.5%
Expense ratio0.56%1.30%
Cash paid, 1 year6.8%46.9%
Price change, 1 year+8.9%−53.3%
Total return, 1 year+16.3%−5.8%
Benchmark return, 1 year+17.5%+17.5%
Ahead or behind−1.2 pts−23.3 pts
Return of capital, latest estimatenot published100%
Age3558 days925 days

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.

ULTY in plain words

Over the year to Sep 11, 2026, ULTY paid 46.9% of its starting value in cash distributions while its price fell 53.3%. With every distribution reinvested, the fund returned −5.8%. S&P 500 (SPY), used as a default proxy returned +17.5% over the same days, so a holder was behind by 23.3 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 61.5%, paid weekly. YieldMax estimates that 100% of the distribution paid Sep 10, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, DIVO or ULTY?
Over the year to Sep 11, 2026, DIVO paid 6.8% of its starting price in cash and ULTY paid 46.9%, so ULTY 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 ULTY?
With every distribution reinvested, DIVO returned +16.3% and ULTY returned −5.8% over the year to Sep 11, 2026, so DIVO returned more.
Which is cheaper, DIVO or ULTY?
DIVO charges 0.56% a year and ULTY charges 1.30%, so DIVO is cheaper. Fees come from each fund's prospectus.

Other comparisons

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.

DIVO against ULTY, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DIVO against ULTY, data as of Sep 11, 2026. https://etfiq.com/compare/income/divo-vs-ulty Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources