DIVO vs HDV
Amplify CWP Enhanced Dividend Income ETF vs iShares Core High Dividend ETF
Last updated: 2026-04-02
Amplify CWP Enhanced Dividend Income ETF (DIVO) is an exchange-traded fund that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges a high expense ratio of 0.56%. The fund offers a high dividend yield of 6.48%. Launched in 2016, the fund has a 10-year track record.
iShares Core High Dividend ETF (HDV) is an exchange-traded fund issued by iShares that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges a low expense ratio of 0.08%. The fund offers an attractive dividend yield of 2.96%. Launched in 2011, the fund has a 15-year track record.
Quick Verdict
HDV is significantly cheaper at 0.08% vs 0.56% expense ratio, saving you approximately $934 per $10,000 invested over 10 years. Both funds have delivered similar 1-year returns (10.3% vs 11.2%), tracking closely. Income investors may prefer DIVO for its higher yield (6.5% vs 3.0%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
1 of top 10 holdings overlap (10% overlap in top holdings)
DIVO Top Holdings
| Name | Weight |
|---|---|
| RTX CorporationRTX | 5.23% |
| The Goldman Sachs Group, Inc.GS | 5.04% |
| JPMorgan Chase & Co.JPM | 5.00% |
| Chevron CorporationCVX | 4.99% |
| American Express CompanyAXP | 4.86% |
| Caterpillar Inc.CAT | 4.84% |
| Apple Inc.AAPL | 4.81% |
| Microsoft CorporationMSFT | 4.69% |
| The TJX Companies, Inc.TJX | 4.65% |
| Amplify Samsung SOFR ETF#SOFR | 4.47% |
HDV Top Holdings
| Name | Weight |
|---|---|
| Exxon Mobil CorporationXOM | 9.48% |
| Chevron CorporationCVX | 7.13% |
| Johnson & JohnsonJNJ | 6.04% |
| AbbVie Inc.ABBV | 5.48% |
| The Procter & Gamble CompanyPG | 4.40% |
| Philip Morris International Inc.PM | 4.20% |
| Merck & Co., Inc.MRK | 4.20% |
| The Home Depot, Inc.HD | 4.05% |
| The Progressive CorporationPGR | 3.80% |
| The Coca-Cola CompanyKO | 3.77% |
Which One Should You Choose?
Choose HDV if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose DIVO if...
you prioritize dividend income and want higher regular distributions from your portfolio.
Either works if...
you just need broad us dividend exposure. Both are solid options — pick whichever your brokerage offers commission-free.