Skip to content

DIVO vs UPSD

Amplify CWP Enhanced Dividend Income ETF

DIVOANYSE Arca

Aptus Large Cap Upside ETF

UPSDDCboe

Overlap

20.5%by weight

Expense ratio

DIVO −0.23pt a year

DIVO0.56%UPSD0.79%

Avg volume · 30D

DIVO 55.4×the volume

DIVO790KUPSD14.3K

DIVO vs UPSD Performance

Oct 31, 2025 – Nov 2, 2026

+12.6%DIVO+12.9%UPSD

Oct 31, 2025 to Nov 2, 2026. DIVO +12.6%. UPSD +12.9%. Use the arrow keys to read each point.−5%0%5%Oct 2025May 2026Nov 2026
Expense ratio
DIVO 0.56%, better
UPSD 0.79%
Fund size
DIVO $8.01B
UPSD $132M
1Y total return
DIVO +12.6%
UPSD +12.9%, better
Yield (12M)
DIVO 6.39%, better
UPSD 0.59%
Holdings
DIVO 32
UPSD 99
Avg volume (30D)
DIVO 790K sh, better
UPSD 14.3K sh
NAV per share
DIVO $47.32
UPSD $30.01
52W range

ETF.net Grade

DIVO: Cost 53, Risk 63, Mission 100, Tradability 91, Holdings 51, Durability 89. UPSD: Cost 10, Risk 32, Mission not scored, Tradability 68, Holdings 89, Durability 53.
Pillar letters and Scores for DIVO, UPSD, with each pillar’s weight
PillarDIVOUPSD
Cost30% weightC53HigherF10
Mission25% weightA100Not scored
Risk15% weightB63HigherD32
Tradability15% weightA91HigherB68
Holdings10% weightC51A89Higher
Durability5% weightA89HigherC53

Rank among S&P 500 Active Option Income funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DIVO and UPSD are both graded against the same 15 S&P 500 Active Option Income funds, so their Grades compare head to head.

See all 15 ›

DIVO ranks 4th and UPSD 10th of 15 funds in the S&P 500 Active Option Income Category.

  1. Rank 1AJEPIJPMorgan Equity Premium Income ETFScore 83
  2. Rank 2AJOYTJPMorgan Equity and Options Total Return ETFScore 76
  3. Rank 3AROCYJPMorgan Equity Premium Yield ETFScore 75
  4. Rank 4ADIVOAmplify CWP Enhanced Dividend Income ETFScore 73
  5. Rank 5ASPINState Street US Equity Premium Income ETFScore 72
  6. Rank 9CHIGHSimplify Enhanced Income ETFScore 47
  7. Rank 10DUPSDAptus Large Cap Upside ETFScore 39
  8. Rank 11DLCTOKurv U.S. Large Cap TaxOptimized ETFScore 35

Our read on each fund

ETF.net Research

DIVOAAmplify CWP Enhanced Dividend Income ETF

UPSDDAptus Large Cap Upside ETF

In short

DIVO A hand-picked book of roughly 30 blue-chip dividend payers, with covered calls written tactically on individual names instead of blanketed over an index. Two income engines, paid monthly, running since 2016.

UPSD No data

Stated mandate

DIVO Seeks a high level of risk-adjusted total return through current income and capital appreciation. It primarily uses U.S. dividend-paying equities and tactically writes covered calls on portfolio holdings for additional income.

UPSD No data

Why people hold it

  • DIVO Fee of 0.56% a year sits well below the typical options-income fund, and the same tactical covered-call playbook has been running since 2016.
  • Calls are written selectively on chosen holdings rather than automatically across the whole portfolio, so names left uncovered keep their room to run.amplifyetfs.com
  • Income arrives monthly, sourced from stock dividends plus option premium rather than premium alone.
  • Actively traded and multi-billion in size, which tends to keep the spread you pay on the way in and out modest.

UPSD No data

Worth knowing

  • DIVO Every call sold hands back part of a big move up in that stock. That capped upside is the price of the extra income.amplifyetfs.com
  • About 30 holdings means each name carries real weight, so a single stumble shows up more than it would in a broad index fund.
  • Cheaper options-income peers exist (PAPI at 0.29%, TCAL at 0.34%), though they run different selection and overlay rules.

UPSD No data

Full DIVO profile⁠

Full UPSD profile⁠

DIVO vs UPSD Holdings

How DIVO and UPSD differ

Overlap by weight

20.5%

Shared holdings make up 35.0% of DIVO and 21.6% of UPSD.

Level by level

  • Holdings10 in both20.5%
  • Countryby domicile98.0%
  • Asset classEquity100%

Sector

No Sector split for UPSD.

Country, concentration and asset class

Country by domicile

Country weights in DIVO and UPSD, widest gap first
CountryMore in DIVOMore in UPSD
CanadaDIVO +2.0 points
SwitzerlandUPSD +1.3 points
United StatesUPSD +0.6 points

Concentration

Weight in the 10 largest Holdings

  • DIVO50.0%
  • UPSD25.6%

Securities held

  • DIVO31
  • UPSD99

Asset class

DIVO
Equity
UPSD
Equity

Holdings

  • Only in DIVO21
  • In both10
  • Only in UPSD89

Only in DIVO

21 securities, 65.1% of DIVO by weight

  • Amgen Inc5.74%
  • Invesco Government & Agency Portfolio 12/31/20315.33%
  • JPMorgan Chase & Co.4.94%

Only in UPSD

89 securities, 78.4% of UPSD by weight

  • Micron Technology Inc1.89%
  • Amazon.com Inc1.81%
  • ExxonMobil Holdings Corp1.71%

Weight gaps

All 10 Holdings in both funds, largest gap first.

Holding weights in DIVO and UPSD, widest gap first
HoldingMore in DIVOMore in UPSD
Visa IncVDIVO +4.72 points
Merck & Co IncMRKDIVO +2.88 points
CME Group IncCMEDIVO +2.35 points
Microsoft CorpMSFTDIVO +2.28 points
Alphabet IncGOOGLDIVO +1.29 points
NVIDIA CorpNVDAUPSD +0.99 points
Coca-Cola Co/TheKODIVO +0.79 points
Marathon Petroleum CorpMPCDIVO +0.20 points

All 36 DIVO holdings⁠All UPSD holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DIVO vs UPSD Cost

Overpaying UPSD vs DIVO

$4,086

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DIVO 0.56%

    $11,088

  • UPSD 0.79%

    $15,174

$10,000
30 years

Cost over time

  • DIVO 0.56%
  • UPSD 0.79%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530UPSD $15,174DIVO $11,088

Year by year

YearDIVOUPSDOverpaying
10$1,006$1,405$399
20$3,855$5,331$1,476
30$11,088$15,174$4,086

Expense ratio

  • 0.56%DIVO, cheaper
  • 0.79%UPSD
  • Middle half of S&P 500 Active Option Income funds
  • Median 0.56%

DIVO 8th cheapest of 15 funds

UPSD 13th cheapest of 15 funds

DIVO vs UPSD Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
DIVO 6.39%, better
UPSD 0.59%
Payout (12M)
DIVO $3.03
UPSD $0.18
Last payment
DIVO $0.19
UPSD $0.03
Ex-dividend
DIVO Oct 29, 2026
UPSD Sep 29, 2026
Paid on
DIVO Oct 30, 2026
UPSD Sep 30, 2026
Frequency
DIVO Monthly
UPSD Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

DIVOMonthly · 46 paymentsAll DIVO payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Jan 27, 2023 $0.14; Feb 24, 2023 $0.14; Mar 29, 2023 $0.14; Apr 26, 2023 $0.14; May 26, 2023 $0.14; Jun 28, 2023 $0.14; Jul 27, 2023 $0.15; Aug 29, 2023 $0.14; Sep 27, 2023 $0.14; Oct 27, 2023 $0.14; Nov 28, 2023 $0.14; Dec 27, 2023 $0.15; Jan 29, 2024 $0.15; Feb 27, 2024 $0.15; Mar 26, 2024 $0.15; Apr 26, 2024 $0.15; May 30, 2024 $0.15; Jun 27, 2024 $0.16; Jul 30, 2024 $0.16; Aug 29, 2024 $0.16; Sep 27, 2024 $0.16; Oct 30, 2024 $0.16; Nov 27, 2024 $0.17; Dec 30, 2024 $0.16; Jan 30, 2025 $0.17; Feb 27, 2025 $0.17; Mar 28, 2025 $0.16; Apr 29, 2025 $0.16; May 29, 2025 $0.17; Jun 27, 2025 $0.17; Jul 30, 2025 $0.17; Aug 28, 2025 $0.17; Sep 29, 2025 $0.18; Oct 30, 2025 $0.18; Nov 26, 2025 $0.21; Dec 30, 2025 $0.95; Jan 29, 2026 $0.18; Feb 26, 2026 $0.19; Mar 30, 2026 $0.18; Apr 29, 2026 $0.18; May 28, 2026 $0.18; Jun 29, 2026 $0.18; Jul 30, 2026 $0.19; Aug 28, 2026 $0.19; Sep 29, 2026 $0.19; Oct 29, 2026 $0.19. Use the arrow keys to read each point.$0$120232026YTD
UPSDQuarterly · 8 paymentsAll UPSD payments⁠
One bar per payment. 8 payments from 2023 to 2026 YTD. Dec 30, 2024 $0.01; Mar 28, 2025 $0.04; Jun 27, 2025 $0.04; Sep 29, 2025 $0.05; Dec 30, 2025 $0.05; Mar 30, 2026 $0.06; Jun 29, 2026 $0.04; Sep 29, 2026 $0.03. Use the arrow keys to read each point.$0$120232026YTD

DIVO vs UPSD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DIVO 8.9%UPSD 13.8%since Dec 2024
Return per unit of riskSharpe ratio, 3 years
DIVO 1.38UPSD 0.47since Dec 2024
Worst fallMax drawdown, 5 years
DIVO −13.7%UPSD −23.8%since Nov 2024
Market sensitivityBeta, 5 years
DIVO 0.56UPSD 0.96

DIVO and UPSD in the news

Popular comparisons

  • DIVOAvsJEPIA

    Amplify CWP Enhanced Dividend Income ETF · JPMorgan Equity Premium Income ETF

    Expense ratio
    0.56% · 0.35%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • UPSDDvsJEPIA

    Aptus Large Cap Upside ETF · JPMorgan Equity Premium Income ETF

    Expense ratio
    0.79% · 0.35%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • DIVOAvsJOYTA

    Amplify CWP Enhanced Dividend Income ETF · JPMorgan Equity and Options Total Return ETF

    Expense ratio
    0.56% · 0.35%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • UPSDDvsJOYTA

    Aptus Large Cap Upside ETF · JPMorgan Equity and Options Total Return ETF

    Expense ratio
    0.79% · 0.35%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • DIVOAvsROCYA

    Amplify CWP Enhanced Dividend Income ETF · JPMorgan Equity Premium Yield ETF

    Expense ratio
    0.56% · 0.35%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • UPSDDvsROCYA

    Aptus Large Cap Upside ETF · JPMorgan Equity Premium Yield ETF

    Expense ratio
    0.79% · 0.35%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.