DIVO vs SCHD Stock Comparison: AI Score, Valuation, Performance and Upside
DIVO and SCHD are both popular dividend-focused exchange-traded funds, but DIVO is actively managed and enhances dividend income through a covered call options overlay, while SCHD passively tracks an index of quality dividend growth stocks without using options strategies.
DIVO offers a higher potential distribution yield through its combination of dividends and covered call premiums but caps some upside potential, while SCHD offers lower-cost, passive exposure to quality dividend growth stocks with full participation in price appreciation. The decision depends on whether you prioritize maximizing current income or long-term total return potential.
SCHD holds the edge across 4 of 5 key metrics in this comparison. SCHD has delivered stronger 1-year price return (+30.29% vs +17.95% for DIVO).
- Want to maximize current income through a combination of dividends and covered call premiums
- Value active management of both stock selection and options writing
- Are comfortable capping some upside potential during strong market rallies
- Prioritize higher current income over long-term total return maximization
- Want low-cost, passive exposure to quality dividend growth stocks
- Value a rising income stream supported by dividend growth history and quality screens
- Prefer full participation in price appreciation without a covered call overlay
- Prioritize long-term total return potential alongside dividend income
| Metric | DIVO | SCHD |
|---|---|---|
| ETF scorei | 75.0 | 90.0 |
| Latest closei | $48.39 | $34.80 |
| 1M returni | +1.37% | +3.45% |
| 6M returni | +7.65% | +13.16% |
| 1Y returni | +17.95% | +30.29% |
The ETF score weights long-term returns and risk-adjusted performance most heavily, but still rewards low expense ratios, larger fund size, and broader diversification — so it can favor low-cost, broad, mega-cap funds over smaller thematic or actively-managed funds even when the latter have delivered stronger returns.
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | DIVO | SCHD |
|---|---|---|
| 1Y ago | $12.62K (+26.2%) started 2025-09-04 | $13.51K (+35.1%) started 2025-09-04 |
| 5Y ago | $23.12K (+131.2%) started 2021-09-07 | $19.76K (+97.6%) started 2021-09-07 |
| 10Y ago | $64.34K (+543.4%) started 2016-12-15 | $50.56K (+405.6%) started 2016-09-06 |
Hypothetical — past performance does not guarantee future results.
| Metric | DIVO | SCHD |
|---|---|---|
| Expense ratioi | 0.56% | 0.06% |
| Total assets (AUM)i | $7.91B | $112.34B |
| Dividend yieldi | 2.94% | 3.00% |
| Trailing P/Ei | 23.09 | 19.21 |
| Betai | 0.64 | 0.71 |
| 52-week change | 17.95% | 30.29% |
| Metric | DIVO | SCHD |
|---|---|---|
| 1Y returni | +17.95% | +30.29% |
| 6M returni | +7.65% | +13.16% |
| 1M returni | +1.37% | +3.45% |
| 1Y Sharpe ratio | 1.33 | 2.05 |
| Betai | 0.64 | 0.71 |
| Dividend yieldi | 2.94% | 3.00% |
| 5Y CAGR | +11.51% | +10.23% |
Over the past year, DIVO and SCHD have moved moderately in the same direction (correlation of 0.63), based on daily returns.
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | DIVO | SCHD |
|---|---|---|---|
| 1Y | Growthi | +17.95% | +30.29% |
| CAGRi | +17.96% | +30.32% | |
| Volatilityi | 9.35% | 11.01% | |
| Sharpe ratioi | 1.33 | 2.05 | |
| Sortino ratioi | 2.02 | 3.46 | |
| Max drawdowni | 5.95% | 4.61% | |
| Current drawdowni | 0.66% | 1.16% | |
| Avg drawdowni | 1.11% | 1.20% | |
| Ulcer Indexi | 1.68% | 1.66% | |
| Max daily dropi | 1.49% | 1.84% | |
| Max wkly dropi | 3.11% | 3.17% | |
| 5Y | Growthi | +72.27% | +62.58% |
| CAGRi | +11.51% | +10.23% | |
| Volatilityi | 11.92% | 14.37% | |
| Sharpe ratioi | 0.60 | 0.44 | |
| Sortino ratioi | 0.86 | 0.63 | |
| Max drawdowni | 13.72% | 16.84% | |
| Current drawdowni | 0.66% | 1.16% | |
| Avg drawdowni | 2.43% | 4.38% | |
| Ulcer Indexi | 3.59% | 5.69% | |
| Max daily dropi | 5.04% | 5.42% | |
| Max wkly dropi | 8.69% | 12.74% | |
| 10Y | Growthi | +225.86% | +240.31% |
| CAGRi | +12.92% | +13.04% | |
| Volatilityi | 14.71% | 16.74% | |
| Sharpe ratioi | 0.60 | 0.55 | |
| Sortino ratioi | 0.84 | 0.78 | |
| Max drawdowni | 30.04% | 33.37% | |
| Current drawdowni | 0.66% | 1.16% | |
| Avg drawdowni | 2.56% | 4.00% | |
| Ulcer Indexi | 4.12% | 5.83% | |
| Max daily dropi | 9.76% | 9.95% | |
| Max wkly dropi | 14.56% | 18.00% |
| Category | DIVO | SCHD |
|---|---|---|
| Fund name | Amplify CWP Enhanced Dividend Income ETF | Schwab U.S. Dividend Equity ETF |
| Type | ETF | ETF |
| Expense ratioi | 0.56% | 0.06% |
| Total assets (AUM)i | $7.91B | $112.34B |
| Dividend yieldi | 2.94% | 3.00% |
- Combination of dividend income and covered call premium can generate a higher overall distribution yield than dividend income alone
- Active management approach to both stock selection and options writing allows for tactical adjustments based on market conditions
- Focus on quality, dividend-paying large-cap companies provides a foundation of established, cash-generative businesses
- Passive index methodology incorporating dividend growth history and quality screens aims to avoid companies at risk of dividend cuts
- Low expense ratio makes it a cost-efficient way to gain exposure to a portfolio of quality dividend-paying stocks
- Long track record of dividend growth among portfolio companies supports a rising income stream over time for long-term holders
- Covered call writing strategy can cap upside potential during periods of strong market appreciation, since gains beyond the strike price are forfeited
- Higher expense ratio relative to passive dividend index funds reflects its actively managed, options-based strategy
- Total distribution yield combining dividends and option premiums can vary over time based on market volatility levels
- Does not use options strategies to enhance yield, meaning its distribution yield is derived purely from underlying dividend payments
- Quality and dividend growth screening criteria mean the fund may exclude some higher-yielding stocks that do not meet its selection criteria
- Sector concentration resulting from its screening methodology can differ meaningfully from the broader market's sector weightings
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