DIVO ranks 4th and UPSD 10th of 15 funds in the S&P 500 Active Option Income Category.
DIVO vs UPSD
20.5%by weight
DIVO −0.23pt a year
0.56%0.79%
DIVO 55.4×the volume
790K14.3K
DIVO vs UPSD Performance
+12.6%+12.9%
- DIVO 0.56%, better
- UPSD 0.79%
- DIVO $8.01B
- UPSD $132M
- DIVO +12.6%
- UPSD +12.9%, better
- DIVO 6.39%, better
- UPSD 0.59%
- DIVO 32
- UPSD 99
- DIVO 790K sh, better
- UPSD 14.3K sh
- DIVO $47.32
- UPSD $30.01
ETF.net Grade
| Pillar | DIVO | UPSD |
|---|---|---|
| Cost | C53Higher | F10 |
| Mission | A100 | |
| Risk | B63Higher | D32 |
| Tradability | A91Higher | B68 |
| Holdings | C51 | A89Higher |
| Durability | A89Higher | C53 |
Rank among S&P 500 Active Option Income funds
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.
Our read on each fund
DIVOA
UPSDD
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.
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.
Why people hold it
Worth knowing
DIVO vs UPSD Holdings
How DIVO and UPSD differ
20.5%
Shared holdings make up 35.0% of DIVO and 21.6% of UPSD.
Level by level
- Holdings20.5%
- Country98.0%
Sector
No Sector split for UPSD.
Country, concentration and asset class
Country
| Country | More in DIVOMore in UPSD | DIVO | UPSD |
|---|---|---|---|
| Canada | DIVO +2.0 points | 2.0% | 0.0% |
| Switzerland | UPSD +1.3 points | 0.1% | 1.4% |
| United States | UPSD +0.6 points | 98.0% | 98.6% |
Concentration
- DIVO50.0%
- UPSD25.6%
- 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%
- Goldman Sachs Group Inc/The4.88%
- Caterpillar Inc4.51%
- Amplify Samsung SOFR ETF4.16%
- American Express Co4.12%
- Chevron Corp4.11%
- State Street Consumer Discretionary Select Sector SPDR ETF3.71%
- RTX Corp3.30%
- FedEx Corp3.19%
- State Street SPDR Dow Jones Industrial Average ETF Trust3.16%
- UnitedHealth Group Inc3.08%
- Duke Energy Corp2.19%
- Freeport-McMoRan Inc2.19%
- Archer-Daniels-Midland Co1.88%
- Agnico Eagle Mines Ltd1.71%
- Verizon Communications Inc1.08%
- Booking Holdings Inc0.97%
- CF Industries Holdings Inc0.89%
- Southern Copper Corp0.00%
Only in UPSD
89 securities, 78.4% of UPSD by weight
- Micron Technology Inc1.89%
- Amazon.com Inc1.81%
- ExxonMobil Holdings Corp1.71%
- Cardinal Health Inc1.64%
- Eli Lilly & Co1.64%
- Royalty Pharma PLC1.59%
- Cboe Global Markets Inc1.46%
- Datadog Inc1.43%
- Johnson & Johnson1.42%
- Dell Technologies Inc1.37%
- Chubb Ltd1.36%
- Altria Group Inc1.33%
- Monster Beverage Corp1.33%
- Welltower Inc1.32%
- Cheniere Energy Inc1.31%
- Alphabet Inc1.29%
- Arch Capital Group Ltd1.19%
- Travelers Cos Inc/The1.18%
- Lockheed Martin Corp1.17%
- McKesson Corp1.17%
- Ventas Inc1.16%
- Palo Alto Networks Inc1.16%
- Cash & Other1.16%
- Fedex Freight Holding Co Inc1.08%
- Progressive Corp/The1.05%
- A&T Inc1.05%
- Motorola Solutions Inc1.04%
- Waste Management Inc1.02%
- Republic Services Inc1.02%
- Church & Dwight Co Inc1.02%
- Costco Wholesale Corp0.98%
- Cos Inc/The0.97%
- Consolidated Edison Inc0.91%
- Williams Cos Inc/The0.89%
- Mastercard Inc0.88%
- Valero Energy Corp0.88%
- PepsiCo Inc0.87%
- Linde PLC0.85%
- Palantir Technologies Inc0.83%
- Northrop Grumman Corp0.83%
- Advanced Micro Devices Inc0.82%
- Kroger Co/The0.82%
- Philip Morris International Inc0.81%
- Broadcom Inc0.80%
- Procter & Gamble Co/The0.80%
- Hartford Insurance Group Inc/The0.80%
- Arthur J Gallagher & Co0.79%
- Automatic Data Processing Inc0.78%
- Veeva Systems Inc0.77%
- Colgate-Palmolive Co0.76%
Weight gaps
All 10 Holdings in both funds, largest gap first.
| Holding | More in DIVOMore in UPSD | DIVO | UPSD |
|---|---|---|---|
| Visa Inc | DIVO +4.72 points | 5.42% | 0.70% |
| Merck & Co Inc | DIVO +2.88 points | 3.58% | 0.70% |
| CME Group Inc | DIVO +2.35 points | 3.45% | 1.10% |
| Microsoft Corp | DIVO +2.28 points | 5.86% | 3.58% |
| Alphabet Inc | DIVO +1.29 points | 2.59% | 1.30% |
| NVIDIA Corp | UPSD +0.99 points | 3.81% | 4.80% |
| Coca-Cola Co/The | DIVO +0.79 points | 2.09% | 1.30% |
| Marathon Petroleum Corp | DIVO +0.20 points | 1.93% | 1.73% |
| Apple Inc | UPSD +0.19 points | 5.07% | 5.26% |
| AbbVie Inc | DIVO +0.07 points | 1.24% | 1.17% |
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
Cost over time
Year by year
| Year | DIVO | UPSD | Overpaying |
|---|---|---|---|
| 10 | $1,006 | $1,405 | $399 |
| 20 | $3,855 | $5,331 | $1,476 |
| 30 | $11,088 | $15,174 | $4,086 |
- 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
- DIVO 6.39%, better
- UPSD 0.59%
- DIVO $3.03
- UPSD $0.18
- DIVO $0.19
- UPSD $0.03
- DIVO Oct 29, 2026
- UPSD Sep 29, 2026
- DIVO Oct 30, 2026
- UPSD Sep 30, 2026
- DIVO Monthly
- UPSD Quarterly
Distribution history
DIVO vs UPSD Risk
Fall from peak · 5 years
Risk facts
- Volatility
- DIVO 8.9%UPSD 13.8%
- Return per unit of risk
- DIVO 1.38UPSD 0.47
- Worst fall
- DIVO −13.7%UPSD −23.8%
- Market sensitivity
- DIVO 0.56UPSD 0.96
DIVO and UPSD in the news
Popular comparisons
- 0.56% · 0.35%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.79% · 0.35%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.56% · 0.35%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.79% · 0.35%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.56% · 0.35%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.79% · 0.35%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

