DIVO vs PBP: Yield, Cost and Returns Compared
As of Nov 5, 2026, PBP yields more: 12.35% (dividend yield) against 6.40% for DIVO. PBP is cheaper to own at 0.29% a year vs 0.56%. Over the same 9 years (Dec 2016 to Oct 2026), DIVO returned 12.7% a year with distributions reinvested, and PBP 7.2%.
DIVOAmplify CWP Enhanced Dividend Income ETF6.40%dividend yield| Compared | DIVO | PBP |
|---|---|---|
| YieldDividend yield | 6.40% | 12.35% |
| Expense ratio | 0.56% | 0.29% |
| Total return, 1 yr | +12.5% | +14.5% |
| Total return, 3 yr (a year) | +17.6% | +14.7% |
| Total return, 5 yr (a year) | +10.5% | +7.5% |
| Total return, 10 yr (a year) | — | +7.3% |
| Worst drop since Dec 2016 | -18.5% | -21.9% |
| Share price since Dec 2016 | +90% | +8% |
| Pays | Monthly | Monthly |
| Issuer | Amplify | Invesco |
| Assets | $8.0B | $389.1M |
| Started | 2016 | 2007 |
| Type | Derivative Income | Derivative Income |
Higher yield
PBP
12.35%
Lower cost
PBP
0.29%
Better total return
DIVO
12.7%/yr
Smaller worst drop
DIVO
-18.5%
Key facts: DIVO vs PBP
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, DIVO yields 6.40% (dividend yield) and PBP yields 12.35% (dividend yield).
- DIVO's expense ratio is 0.56% and PBP's is 0.29%: $56 vs $29 a year on $10,000.
- From Dec 2016 to Oct 2026, $10,000 in DIVO grew to $32,285 (12.7% a year) and $10,000 in PBP to $19,836 (7.2% a year), distributions reinvested.
- Their worst month-end drops over that time: -18.5% for DIVO and -21.9% for PBP.
- 2 of DIVO's top ten holdings are also in PBP's top ten, an overlap of at least 11% of the fund.
Cite this page
SmarterDividends, "DIVO vs PBP: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/divo-vs-pbp
$10,000 in each, Dec 2016 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
DIVO became
$32,285
12.7% a year
PBP became
$19,836
7.2% a year
Year by year
| Year | DIVO | PBP |
|---|---|---|
| 2025 | +17.4% | +8.5% |
| 2024 | +16.2% | +19.9% |
| 2023 | +7.0% | +11.6% |
| 2022 | −1.5% | −11.8% |
| 2021 | +22.9% | +20.0% |
| 2020 | +12.4% | −3.3% |
| 2019 | +25.0% | +15.1% |
| 2018 | −3.2% | −6.0% |
| 2017 | +21.4% | +12.1% |
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%
PBP
- AAPL Apple Inc7.8%
- NVDA NVIDIA Corp7.6%
- MSFT Microsoft Corp6.0%
- AMZN Amazon.com Inc3.6%
- GOOGL Alphabet Inc Class A2.5%
- AVGO Broadcom Inc2.4%
- META Meta Platforms Inc Class A2.1%
- GOOG Alphabet Inc Class C2.0%
- LLY Eli Lilly and Co1.7%
- TSLA Tesla Inc1.7%
DIVO vs PBP: questions
Is DIVO or PBP better?
It depends on the job. PBP pays more today (12.35% vs 6.40%), PBP costs less, and DIVO has the better total return over Dec 2016 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 PBP?
PBP, at 12.35% against 6.40% for DIVO as of Nov 5, 2026. On $10,000 that's about $1,235 vs $640 a year at today's rates.
Which has the better total return?
DIVO. From Dec 2016 to Oct 2026, it returned 12.7% a year with distributions reinvested, against 7.2% for PBP. $10,000 became $32,285 vs $19,836.
Which is cheaper, DIVO or PBP?
PBP, with a 0.29% expense ratio against 0.56%.
Do DIVO and PBP 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. DIVO leads on 4 of 7 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.