DIVO vs XPAY: Yield, Cost and Returns Compared
As of Nov 7, 2026, XPAY yields more: 22.23% (dividend yield) against 6.49% for DIVO. XPAY is cheaper to own at 0.49% a year vs 0.56%. Over the same 2 years (Oct 2024 to Oct 2026), XPAY returned 15.7% a year with distributions reinvested, and DIVO 14.6%.
DIVOAmplify CWP Enhanced Dividend Income ETF6.49%dividend yield
XPAYRoundhill S&P 500 Target 20 Managed Distribution ETF22.23%dividend yield| Compared | DIVO | XPAY |
|---|---|---|
| YieldDividend yield | 6.49% | 22.23% |
| Expense ratio | 0.56% | 0.49% |
| Total return, 1 yr | +12.5% | +11.1% |
| Total return, 3 yr (a year) | +17.6% | — |
| Total return, 5 yr (a year) | +10.5% | — |
| Worst drop since Oct 2024 | -5.1% | -7.7% |
| Share price since Oct 2024 | +17% | −12% |
| Pays | Monthly | Monthly |
| Issuer | Amplify | Roundhill |
| Assets | $8.0B | $184.0M |
| Started | 2016 | 2024 |
| Type | Derivative Income | Derivative Income |
Higher yield
XPAY
22.23%
Lower cost
XPAY
0.49%
Better total return
XPAY
15.7%/yr
Smaller worst drop
DIVO
-5.1%
Key facts: DIVO vs XPAY
Data as of · Source: SmarterDividends data
- As of Nov 7, 2026, DIVO yields 6.49% (dividend yield) and XPAY yields 22.23% (dividend yield).
- DIVO's expense ratio is 0.56% and XPAY's is 0.49%: $56 vs $49 a year on $10,000.
- From Oct 2024 to Oct 2026, $10,000 in DIVO grew to $13,125 (14.6% a year) and $10,000 in XPAY to $13,388 (15.7% a year), distributions reinvested.
- Their worst month-end drops over that time: -5.1% for DIVO and -7.7% for XPAY.
- 0 of DIVO's top ten holdings are also in XPAY's top ten.
Cite this page
SmarterDividends, "DIVO vs XPAY: Yield, Cost and Returns Compared," updated Nov 7, 2026, https://smarterdividends.com/compare/divo-vs-xpay
$10,000 in each, Oct 2024 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
DIVO became
$13,125
14.6% a year
XPAY became
$13,388
15.7% 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%
XPAY
- FGXXX First American Government Obligs X5.7%
DIVO vs XPAY: questions
Is DIVO or XPAY better?
It depends on the job. XPAY pays more today (22.23% vs 6.49%), XPAY costs less, and XPAY has the better total return over Oct 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 XPAY?
XPAY, at 22.23% against 6.49% for DIVO as of Nov 7, 2026. On $10,000 that's about $2,223 vs $649 a year at today's rates.
Which has the better total return?
XPAY. From Oct 2024 to Oct 2026, it returned 15.7% a year with distributions reinvested, against 14.6% for DIVO. $10,000 became $13,388 vs $13,125.
Which is cheaper, DIVO or XPAY?
XPAY, with a 0.49% expense ratio against 0.56%.
Do DIVO and XPAY 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 7, 2026.