DIVO vs GPIQ: Yield, Cost and Returns Compared
As of Nov 8, 2026, GPIQ yields more: 10.32% (dividend yield) against 6.49% for DIVO. GPIQ is cheaper to own at 0.29% a year vs 0.56%. Over the same 3 years (Oct 2023 to Oct 2026), GPIQ returned 23.2% a year with distributions reinvested, and DIVO 17.6%.
| Compared | DIVO | GPIQ |
|---|---|---|
| YieldDividend yield | 6.49% | 10.32% |
| Expense ratio | 0.56% | 0.29% |
| Total return, 1 yr | +12.5% | +11.4% |
| Total return, 3 yr (a year) | +17.6% | +23.2% |
| Total return, 5 yr (a year) | +10.5% | — |
| Worst drop since Oct 2023 | -5.1% | -8.8% |
| Share price since Oct 2023 | +38% | +38% |
| Pays | Monthly | Monthly |
| Issuer | Amplify | Goldman Sachs |
| Assets | $8.0B | $6.4B |
| Started | 2016 | 2023 |
| Type | Derivative Income | Derivative Income |
Higher yield
GPIQ
10.32%
Lower cost
GPIQ
0.29%
Better total return
GPIQ
23.2%/yr
Smaller worst drop
DIVO
-5.1%
Key facts: DIVO vs GPIQ
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, DIVO yields 6.49% (dividend yield) and GPIQ yields 10.32% (dividend yield).
- DIVO's expense ratio is 0.56% and GPIQ's is 0.29%: $56 vs $29 a year on $10,000.
- From Oct 2023 to Oct 2026, $10,000 in DIVO grew to $16,265 (17.6% a year) and $10,000 in GPIQ to $18,707 (23.2% a year), distributions reinvested.
- Their worst month-end drops over that time: -5.1% for DIVO and -8.8% for GPIQ.
- 2 of DIVO's top ten holdings are also in GPIQ's top ten, an overlap of at least 11% of the fund.
Cite this page
SmarterDividends, "DIVO vs GPIQ: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/divo-vs-gpiq
$10,000 in each, Oct 2023 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
DIVO became
$16,265
17.6% a year
GPIQ became
$18,707
23.2% a year
Year by year
| Year | DIVO | GPIQ |
|---|---|---|
| 2025 | +17.4% | +19.8% |
| 2024 | +16.2% | +23.2% |
Total return each calendar year, distributions reinvested.
Top holdings
2 of the top ten overlap, at least 11% of each fund.
DIVO
- MSFT Microsoft Corp5.9%
- AMGN Amgen Inc5.7%
- V Visa Inc Class A5.4%
- AGPXX Invesco Shrt-Trm Inv Gov&Agcy Instl5.3%
- AAPL Apple Inc5.1%
- JPM JPMorgan Chase & Co4.9%
- GS The Goldman Sachs Group Inc4.9%
- CAT Caterpillar Inc4.5%
- SOFR Amplify Samsung SOFR ETF4.2%
- AXP American Express Co4.1%
GPIQ
- AAPL Apple Inc8.1%
- NVDA NVIDIA Corp7.7%
- MSFT Microsoft Corp6.4%
- MU Micron Technology Inc4.3%
- AMZN Amazon.com Inc4.1%
- AMD Advanced Micro Devices Inc3.4%
- TSLA Tesla Inc3.3%
- GOOGL Alphabet Inc Class A3.2%
- META Meta Platforms Inc Class A3.1%
- AVGO Broadcom Inc2.7%
DIVO vs GPIQ: questions
Is DIVO or GPIQ better?
It depends on the job. GPIQ pays more today (10.32% vs 6.49%), GPIQ costs less, and GPIQ has the better total return over Oct 2023 to Oct 2026, with DIVO holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, DIVO or GPIQ?
GPIQ, at 10.32% against 6.49% for DIVO as of Nov 8, 2026. On $10,000 that's about $1,032 vs $649 a year at today's rates.
Which has the better total return?
GPIQ. From Oct 2023 to Oct 2026, it returned 23.2% a year with distributions reinvested, against 17.6% for DIVO. $10,000 became $18,707 vs $16,265.
Which is cheaper, DIVO or GPIQ?
GPIQ, with a 0.29% expense ratio against 0.56%.
Do DIVO and GPIQ hold the same things?
Partly. 2 of their top ten holdings match (MSFT, AAPL), at least 11% of each fund. Owning both doubles up on those.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. For information only, not investment advice. Last fund data: Nov 8, 2026.
