DIVO vs IWMI: Yield, Cost and Returns Compared
As of Nov 8, 2026, IWMI yields more: 15.07% (dividend yield) against 6.49% for DIVO. DIVO is cheaper to own at 0.56% a year vs 0.68%. Over the same 2 years (Jun 2024 to Oct 2026), DIVO returned 15.3% a year with distributions reinvested, and IWMI 14.5%.
| Compared | DIVO | IWMI |
|---|---|---|
| YieldDividend yield | 6.49% | 15.07% |
| Expense ratio | 0.56% | 0.68% |
| Total return, 1 yr | +12.5% | +15.2% |
| Total return, 3 yr (a year) | +17.6% | — |
| Total return, 5 yr (a year) | +10.5% | — |
| Worst drop since Jun 2024 | -5.1% | -15.3% |
| Share price since Jun 2024 | +22% | −2% |
| Pays | Monthly | Monthly |
| Issuer | Amplify | Neos |
| Assets | $8.0B | $1.3B |
| Started | 2016 | 2024 |
| Type | Derivative Income | Derivative Income |
Higher yield
IWMI
15.07%
Lower cost
DIVO
0.56%
Better total return
DIVO
15.3%/yr
Smaller worst drop
DIVO
-5.1%
Key facts: DIVO vs IWMI
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, DIVO yields 6.49% (dividend yield) and IWMI yields 15.07% (dividend yield).
- DIVO's expense ratio is 0.56% and IWMI's is 0.68%: $56 vs $68 a year on $10,000.
- From Jun 2024 to Oct 2026, $10,000 in DIVO grew to $13,929 (15.3% a year) and $10,000 in IWMI to $13,714 (14.5% a year), distributions reinvested.
- Their worst month-end drops over that time: -5.1% for DIVO and -15.3% for IWMI.
- 0 of DIVO's top ten holdings are also in IWMI's top ten.
Cite this page
SmarterDividends, "DIVO vs IWMI: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/divo-vs-iwmi
$10,000 in each, Jun 2024 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
DIVO became
$13,929
15.3% a year
IWMI became
$13,714
14.5% a year
Top holdings
No overlap in the top ten.
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%
IWMI
- VTWO Vanguard Russell 2000 ETF99.7%
- FXFXX First American Treasury Obligs X0.7%
DIVO vs IWMI: questions
Is DIVO or IWMI better?
It depends on the job. IWMI pays more today (15.07% vs 6.49%), DIVO costs less, and DIVO has the better total return over Jun 2024 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 IWMI?
IWMI, at 15.07% against 6.49% for DIVO as of Nov 8, 2026. On $10,000 that's about $1,507 vs $649 a year at today's rates.
Which has the better total return?
DIVO. From Jun 2024 to Oct 2026, it returned 15.3% a year with distributions reinvested, against 14.5% for IWMI. $10,000 became $13,929 vs $13,714.
Which is cheaper, DIVO or IWMI?
DIVO, with a 0.56% expense ratio against 0.68%.
Do DIVO and IWMI hold the same things?
Not at the top: none of their top ten holdings match.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. DIVO leads on 3 of 5 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.
