Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
100% reinvested · ex-date convention. Period returns use this fixed assumption, independent of chart settings.
DIVO has lagged GPIX over the trailing twelve months, posting a 14.68% total return against 17.38%. Measured from Oct 2023 — the start of shared available history — GPIX has compounded at 22.66% a year versus 18.19% for DIVO. Figures are total returns: price change plus every distribution reinvested.
Total return and risk statistics by fund. Each row is one fund; each column is one period or statistic.
Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of September 18, 2026. YTD and 1Y are cumulative; windows of one year or longer are annualized. “Since Oct 2023” measures every fund from October 26, 2023 — the start of shared available history — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the past year. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the past year) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Side-by-side snapshot
Side-by-side snapshot. Each row is one metric;
each column is one fund.
Seeks to provide current income as the primary objective and capital appreciation as the secondary objective by investing at least 80% of net assets in dividend-paying U.S. exchange-traded equity securities while opportunistically utilizing covered call options on those securities.
Seeks current income while maintaining prospects for capital appreciation by investing at least 80% of net assets in companies included in the S&P 500 and selling call options with exposure to the benchmark.
Bottom lineChoose DIVO if you want selected dividend stocks with tactical calls and accept manager risk. Choose GPIX if you want S&P 500 exposure with a dynamic overwrite and accept the upside tradeoff. Distributions can change and may include return of capital. A payout rate is not total return, and tax character alone does not establish economic loss.
Selected stock calls versus a dynamic index overwrite
DIVO selects dividend-paying equities and writes tactical calls on individual stocks. GPIX combines S&P 500 equity exposure with a dynamic call overwrite. Compare the stock portfolio and the amount overwritten together.
DIVO
GPIX
Approach
Selected dividend equities with tactical individual-stock calls
S&P 500 equity exposure with dynamic call writing
Risk review
Stock selection, concentration, and call-writing risk
Equity concentration and call-writing risk
Expense ratio
0.56%
0.29%
Portfolio fit
Review combined holdings and weights
Review combined holdings and weights
How the risk works
Read this before the income numbers below: the strategy mechanics on this page shape what those payouts can cost you.
Capped upside and premium dependence. GPIX generates income by selling options, which trades away part of a strong rally in exchange for premium. Distributions can include return of capital, and a payout the underlying assets cannot sustain shows up as NAV erosion over time — the big yield number is not free.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Amplify ETFs is known for offering specialized, thematic investment solutions across diverse market segments including digital assets, commodities, and dividend strategies. The issuer's lineup spans multiple fund families covering income-focused strategies, covered call approaches, commodity exposure, and thematic sectors such as cybersecurity, blockchain, gaming, and sustainable investing. Notable for tickers like BLOK (blockchain), HACK (cybersecurity), and DIVO (dividend), Amplify combines traditional income strategies with alternative themes and emerging asset classes, appealing to investors seeking both yield and exposure to innovation-driven sectors.
See our curated list of related YouTube videos on DIVO.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Goldman Sachs Asset Management is known for offering a comprehensive suite of ETFs spanning traditional and alternative investment strategies across multiple asset classes. The fund lineup encompasses income-focused offerings, factor-based strategies, thematic investments, ESG solutions, international exposure, commodities, bonds, and indexed products, reflecting a broad approach to meeting diverse investor needs. The issuer's portfolio demonstrates significant breadth, with funds serving income investors, factor-based strategists, and those seeking specialized exposure to emerging themes and alternative assets.
See our curated list of related YouTube videos on GPIX.
DIVO (Amplify CWP Enhanced Dividend Income ETF) and GPIX (Goldman Sachs S&P 500 Core Premium Income ETF) are both monthly-pay dividend ETFs, but they take different approaches.
GPIX offers the higher yield at 8.56% vs 4.94% for DIVO. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
GPIX is cheaper with an expense ratio of 0.29% compared to 0.56%.
DIVO is the larger fund by assets ($7.83B), but assets alone do not establish trading costs or liquidity.
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On a $10,000 investment, DIVO would generate roughly $41.17/month, while GPIX would produce $71.33/month, at current distribution rates. Both pay monthly distributions.
DIVO yield4.94%
GPIX yield8.56%
Monthly diff on $10K$30.17
Cost & efficiency
Over 10 years on $10,000, DIVO would cost approximately $560 in fees vs $290 for GPIX (simplified, not compounded). The $270.00 difference may be offset by yield or performance.
DIVO ER0.56%
GPIX ER0.29%
Strategy & risk
DIVO selects dividend-paying equities and writes tactical calls on individual stocks. GPIX combines S&P 500 equity exposure with a dynamic call overwrite. Compare the stock portfolio and the amount overwritten together. Beta describes historical benchmark sensitivity, not guaranteed downside protection.
DIVO beta0.54
GPIX beta0.8543
Fund details
DIVO is managed by Amplify ETFs (launched 12/14/2016) with $7.83B in assets. GPIX is managed by Goldman Sachs (launched 10/24/2023) with $5.72B in assets.
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Frequently asked questions
Does a higher distribution prove GPIX writes tighter calls than DIVO?
No. Distribution rates alone do not reveal strike selection or the percentage overwritten. DIVO writes tactical calls on individual equities; GPIX dynamically manages its overwrite. Inspect current disclosures rather than inferring option positions, downside protection, or NAV erosion from yield.
What is the difference between DIVO and GPIX?
DIVO (Amplify CWP Enhanced Dividend Income ETF) writes calls on dividend stocks. GPIX (Goldman Sachs S&P 500 Core Premium Income ETF) writes calls on S&P 500-oriented equities. Pick the equity book first, then the overwrite. Cost is 0.56% versus 0.29%; size is $7.83B versus $5.72B. Distributions are 4.94% and 8.56% as of September 2026. Book plus overlay, not a yield rank, is the split.
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