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ETF Comparison

IDVO vs SCHY: Which Is the Better Pick in 2026?

A head-to-head comparison of Amplify International Enhanced Dividend Income ETF and Schwab International Dividend Equity ETF covering yield, cost, risk, and income potential.

Data updated August 15, 2026

Best for

  • IDVOInvestors who want higher current income (5.86% vs 4.30% for SCHY).
  • SCHYInvestors who want a quality-dividend tilt rather than the whole market.

Jump to the side-by-side numbers

Side-by-side snapshot

Side-by-side snapshot. Each row is one metric; each column is one fund.
MetricIDVOSCHY
Full nameAmplify International Enhanced Dividend Income ETFSchwab International Dividend Equity ETF
IssuerAmplify ETFsSchwab
Last Close$43.16 as of August 15, 2026$33.18 as of August 15, 2026
Distribution yield5.86%4.30%
Distribution Safety Score™ 9097
Expense ratio0.66%0.14%
AUM$1.39B$2.53B
Distribution frequencyMonthlyQuarterly
Underlying indexa basket of Amplify Interest Rate Hedged Dividend Income ETF holdingsDow Jones International Dividend 100 Index
ObjectiveSeeks to provide income from international dividend-paying stocks through ADRs and by opportunistically writing covered calls on those securities. Invests in high-quality international large and mid-cap companies with a history of dividend and earnings growth.Seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones International Dividend 100 Index.
Asset classEquityEquity
Inception date09/08/202204/28/2021
Beta0.560.81
Last dividend$0.2106$0.3570
Ex-dividend date07/30/202606/24/2026

Bottom lineChoose IDVO if you want higher current income (5.86% vs 4.30% for SCHY). Choose SCHY if you want a quality-dividend tilt rather than the whole market.

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Income calculator

See how much monthly income a hypothetical investment would generate in each ETF at current yields.

Amplify ETFs
ETFs42
Total AUM$16.4B

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 IDVO.

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Schwab
ETFs34
Total AUM$605B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Schwab is a major provider of low-cost, broad-based ETFs known for making investing accessible to individual investors through its discount brokerage platform. The issuer's fund lineup spans multiple categories including core index funds, dividend and income-focused strategies, factor-based approaches, international exposure, fixed income, and digital assets, with popular core holdings like SCHB (U.S. broad market) and SCHD (dividend appreciation) alongside more specialized thematic offerings. Schwab's ETF suite is characterized by its breadth across asset classes and investment styles, competitive expense ratios, and integration with its retail brokerage ecosystem.

See our curated list of related YouTube videos on SCHY.

See all Schwab ETFs

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Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Total returns

IDVO has outpaced SCHY over the trailing twelve months, posting a 29.55% total return against 22.00%. The lead holds up over 3 years too: IDVO has compounded at 23.38% a year, against 16.76% for SCHY. SCHY has been the steadier holding, though — annualized volatility of 12.2% against 15.9% for IDVO. 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.
SymbolYTD1Y3YSince Sep 2022Volatility Sharpe Sortino Max drawdown
IDVO13.89%29.55%23.38%21.82%15.9%1.041.49-15.5%
SCHY12.37%22.00%16.76%16.45%12.2%0.911.29-12.2%

Total return with all distributions reinvested on the ex-dividend date, split-adjusted, as of August 14, 2026. YTD and 1Y are cumulative; longer windows are annualized. “Since Sep 2022” measures every fund from September 8, 2022 — the youngest fund's first trading day — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the trailing 3 years. 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 trailing 3 years) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.

Quick verdict

IDVO (Amplify International Enhanced Dividend Income ETF) and SCHY (Schwab International Dividend Equity ETF) are both dividend ETFs, but they take different approaches.

IDVO offers the higher yield at 5.86% vs 4.30% for SCHY. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

SCHY is cheaper with an expense ratio of 0.14% compared to 0.66%.

They track different benchmarks: IDVO is linked to a basket of Amplify Interest Rate Hedged Dividend Income ETF holdings while SCHY tracks Dow Jones International Dividend 100 Index, which means their performance drivers differ.

SCHY is the larger fund by assets ($2.53B), which generally means tighter spreads and better liquidity.

Who should choose each?

Choose IDVO

Amplify International Enhanced Dividend Income ETF

  • Want higher current income — IDVO yields 5.86% vs 4.30% for SCHY.
  • Want broad equity exposure.
  • Prefer lower volatility — a beta of 0.6 vs 0.8 for SCHY.

Choose SCHY

Schwab International Dividend Equity ETF

  • Want a quality-dividend tilt — screened payers rather than the broad index.
  • Want to keep costs low — a 0.14% expense ratio vs 0.66% for IDVO.

Not sure? Use the income calculator and snapshot above to weigh these trade-offs against your own goals.

Deep dive

Yield & income

On a $10,000 investment, IDVO would generate roughly $48.83/month, while SCHY would produce $35.83/month, at current distribution rates.

IDVO yield5.86%
SCHY yield4.30%
Monthly diff on $10K$13.00

Cost & efficiency

Over 10 years on $10,000, IDVO would cost approximately $660 in fees vs $140 for SCHY (simplified, not compounded). The $520.00 difference may be offset by yield or performance.

IDVO ER0.66%
SCHY ER0.14%

Strategy & risk

IDVO holds a basket of Amplify Interest Rate Hedged Dividend Income ETF holdings with an international approach, while SCHY tracks Dow Jones International Dividend 100 Index with a dividend approach. Beta is 0.56 for IDVO and 0.81 for SCHY, indicating IDVO is less volatile relative to the market.

IDVO beta0.56
SCHY beta0.81

Fund details

IDVO is managed by Amplify ETFs (launched 09/08/2022) with $1.39B in assets. SCHY is managed by Schwab (launched 04/28/2021) with $2.53B in assets.

IDVO AUM$1.39B
SCHY AUM$2.53B
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Frequently asked questions

What is the current distribution yield for IDVO and SCHY?

IDVO currently distributes 5.86% and SCHY 4.30%, based on fund data updated August 2026. Distribution yield moves with both the payout and the share price, so check the as-of date before relying on either figure.

Is IDVO or SCHY better for dividend income?

It depends on your goals. IDVO currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.

What is the difference between IDVO and SCHY?

IDVO (Amplify International Enhanced Dividend Income ETF) holds a basket of Amplify Interest Rate Hedged Dividend Income ETF holdings with an international approach, while SCHY (Schwab International Dividend Equity ETF) tracks Dow Jones International Dividend 100 Index with a dividend approach. They are issued by Amplify ETFs and Schwab respectively.

Can I hold both IDVO and SCHY?

Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.

Is IDVO or SCHY safer?

By Dividend Vision's Distribution Safety Score — a rules-based 0–100 estimate of how resilient a distribution looks, where higher is safer — SCHY scores 97, IDVO scores 90, so SCHY's payout currently looks the more resilient of the two. IDVO has also shown lower price volatility (beta 0.56 vs 0.81 for SCHY). No score makes an investment risk-free — treat this as a screening signal, not a guarantee.

Which has lower fees, IDVO or SCHY?

IDVO has an expense ratio of 0.66% while SCHY charges 0.14%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in IDVO vs SCHY generate?

At current rates, $10,000 in IDVO would generate roughly $48.83 per month ($586.00 annually). The same in SCHY would produce about $35.83 per month ($430.00 annually).

Which has performed better historically, IDVO or SCHY?

IDVO has outpaced SCHY over the trailing twelve months, posting a 29.55% total return against 22.00%. The lead holds up over 3 years too: IDVO has compounded at 23.38% a year, against 16.76% for SCHY. SCHY has been the steadier holding, though — annualized volatility of 12.2% against 15.9% for IDVO. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.

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IDVO vs SCHY — at a glance

Generated August 15, 2026.

Overview

IDVO and SCHY both track international dividend-paying stocks, but they take fundamentally different approaches. IDVO actively enhances income through covered call writing on its holdings and uses interest rate hedging, aiming to boost yield and reduce rate sensitivity. SCHY is a passive index tracker tied to the Dow Jones International Dividend 100, prioritizing low costs and benchmark fidelity over income enhancement.

How they differ

The biggest difference is strategy: IDVO actively manages its portfolio and sells covered calls to generate additional income on top of dividends, while SCHY simply tracks an index. This explains why IDVO's distribution rate stands at 5.86% versus SCHY's 4.30%—the call premium supplements IDVO's yield. Second, IDVO costs 0.66% annually versus SCHY's 0.14%, a 4.7x fee gap that reflects SCHY's passive structure. Third, IDVO has a much lower beta of 0.56 compared to SCHY's 0.81, suggesting IDVO's interest rate hedging and covered call overlay dampen equity market swings.

Who each is best for

  • IDVO: Fits investors seeking higher current income from international equities who are comfortable with the trade-off that covered call writing may cap upside in strongly rallying markets and who expect value from hedging positioned against rising rates.
  • SCHY: Fits investors wanting straightforward, low-cost exposure to international dividend payers with no expectation of alpha generation, and who prefer quarterly distributions over monthly payouts.

Key risks to know

  • Call cap risk (IDVO): Covered call writing caps upside potential when international equities rally sharply, which can drag relative returns in bull markets and may erode total return over a full market cycle even as monthly income feels steady.
  • Yield sustainability (IDVO): The 5.86% distribution rate blends dividend yield and option premium; if equity markets weaken or implied volatility collapses, call premium revenue dries up, and distributions may not hold at current levels without capital distribution.
  • Interest rate hedge cost (IDVO): Interest rate hedging protects against rising-rate headwinds but carries ongoing cost in sideways or falling-rate environments, potentially dragging performance when fixed-income tailwinds would normally lift equity valuations.
  • Currency risk (both): International dividend payers expose investors to foreign exchange fluctuations; a rising U.S. dollar can erode returns regardless of which strategy is employed.
  • Index concentration (SCHY): The Dow Jones International Dividend 100 Index may concentrate in fewer sectors or geographies than a broader international equity index, creating sector or regional risk that differs from global market-cap weighting.

Bottom line

If you want maximum monthly income and are willing to accept call-capped upside and higher fees, IDVO's active strategy stands out. If you value simplicity, low cost, and index-like returns with quarterly distributions, SCHY's passive approach is the stronger fit. Both carry currency risk inherent to international equity exposure; past performance does not guarantee future results.

AI-generated analysis for educational purposes only. Verify important details independently; past performance does not guarantee future results.

Learn the method

The metrics behind this comparison, explained in the Academy.

How covered-call funds work How to read a fund's stats The covered-call opportunity cost

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