DIVO vs YMAX: Yield, Cost and Returns Compared
As of Nov 7, 2026, YMAX yields more: 62.53% (dividend yield) against 6.49% for DIVO. DIVO is cheaper to own at 0.56% a year vs 1.33%. Over the same 2 years (Jan 2024 to Oct 2026), DIVO returned 15.5% a year with distributions reinvested, and YMAX 10.8%.
DIVOAmplify CWP Enhanced Dividend Income ETF6.49%dividend yield
YMAXYieldMax Universe Fund of Option Income ETFs62.53%dividend yield| Compared | DIVO | YMAX |
|---|---|---|
| YieldDividend yield | 6.49% | 62.53% |
| Expense ratio | 0.56% | 1.33% |
| Total return, 1 yr | +12.5% | −7.7% |
| Total return, 3 yr (a year) | +17.6% | — |
| Total return, 5 yr (a year) | +10.5% | — |
| Worst drop since Jan 2024 | -5.1% | -21.0% |
| Share price since Jan 2024 | +28% | −66% |
| Pays | Monthly | Weekly |
| Issuer | Amplify | YieldMax |
| Assets | $8.0B | $336.0M |
| Started | 2016 | 2024 |
| Type | Derivative Income | Derivative Income |
Higher yield
YMAX
62.53%
Lower cost
DIVO
0.56%
Better total return
DIVO
15.5%/yr
Smaller worst drop
DIVO
-5.1%
Key facts: DIVO vs YMAX
Data as of · Source: SmarterDividends data
- As of Nov 7, 2026, DIVO yields 6.49% (dividend yield) and YMAX yields 62.53% (dividend yield).
- DIVO's expense ratio is 0.56% and YMAX's is 1.33%: $56 vs $133 a year on $10,000.
- From Jan 2024 to Oct 2026, $10,000 in DIVO grew to $14,860 (15.5% a year) and $10,000 in YMAX to $13,243 (10.8% a year), distributions reinvested.
- Their worst month-end drops over that time: -5.1% for DIVO and -21.0% for YMAX.
- 0 of DIVO's top ten holdings are also in YMAX's top ten.
Cite this page
SmarterDividends, "DIVO vs YMAX: Yield, Cost and Returns Compared," updated Nov 7, 2026, https://smarterdividends.com/compare/divo-vs-ymax
$10,000 in each, Jan 2024 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
DIVO became
$14,860
15.5% a year
YMAX became
$13,243
10.8% 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%
YMAX
- MRNY YieldMax MRNA Option Income Strategy ETF5.2%
- PLTY YieldMax PLTR Option Income Strategy ETF5.0%
- AMDY YieldMax AMD Option Income Strategy ETF4.8%
- AIYY YieldMax AI Option Income Strategy ETF4.8%
- MSFO YieldMax MSFT Option Income Strategy ETF4.7%
- FBY YieldMax META Option Income Strategy ETF4.6%
- XOMO YieldMax XOM Option Income Strategy ETF4.5%
- YBIT YieldMax Bitcoin Option Inc Strat ETF4.3%
- SNOY YieldMax SNOW Option Income Strategy ETF4.3%
- APLY YieldMax AAPL Option Income Strategy ETF4.3%
DIVO vs YMAX: questions
Is DIVO or YMAX better?
It depends on the job. YMAX pays more today (62.53% vs 6.49%), DIVO costs less, and DIVO has the better total return over Jan 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 YMAX?
YMAX, at 62.53% against 6.49% for DIVO as of Nov 7, 2026. On $10,000 that's about $6,253 vs $649 a year at today's rates.
Which has the better total return?
DIVO. From Jan 2024 to Oct 2026, it returned 15.5% a year with distributions reinvested, against 10.8% for YMAX. $10,000 became $14,860 vs $13,243.
Which is cheaper, DIVO or YMAX?
DIVO, with a 0.56% expense ratio against 1.33%.
Do DIVO and YMAX 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 4 of 5 measures above. For information only, not investment advice. Last fund data: Nov 7, 2026.