DIVO vs DVY
Amplify CWP Enhanced Dividend Income ETF vs iShares Select 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 Select Dividend ETF (DVY) 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 an above-average expense ratio of 0.38%. The fund offers an attractive dividend yield of 3.47%. Launched in 2003, the fund has a 23-year track record.
Quick Verdict
DVY is significantly cheaper at 0.38% vs 0.56% expense ratio, saving you approximately $346 per $10,000 invested over 10 years. DVY has edged ahead over the past year (12.6% vs 10.3%). Income investors may prefer DIVO for its higher yield (6.5% vs 3.5%).
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
0 of top 10 holdings overlap (0% 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% |
DVY Top Holdings
| Name | Weight |
|---|---|
| Pfizer Inc.PFE | 2.33% |
| Altria Group, Inc.MO | 2.17% |
| Verizon Communications Inc.VZ | 2.01% |
| ONEOK, Inc.OKE | 1.93% |
| Prudential Financial, Inc.PRU | 1.81% |
| T. Rowe Price Group, Inc.TROW | 1.75% |
| LyondellBasell Industries N.V.LYB | 1.70% |
| General Mills, Inc.GIS | 1.62% |
| Edison InternationalEIX | 1.60% |
| Kimberly-Clark CorporationKMB | 1.57% |
Which One Should You Choose?
Choose DVY if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose DVY if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
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.