Computed head-to-head · 6 dimensions
DIVO vs SDY
Amplify CWP Enhanced Dividend Income ETF versus State Street SPDR S&P Dividend ETF — yield, safety, growth trend, cost, scale, and tax treatment.
SDY wins 4–0 on our six-dimension comparison, but DIVO can still be the better fit depending on your priorities — see each dimension below.
Scorecard at a glance
| Dimension | DIVO | SDY | Winner |
|---|---|---|---|
| Yield | 2.26% | 2.33% | SDY wins |
| Dividend safety | 7.3/10 | 7.6/10 | Tie |
| Growth trend | — | — | Tie |
| Expense ratio | 56.00% | 35.00% | SDY wins |
| Scale | $7.2B | $22.1B | SDY wins |
| Tax efficiency | Ordinary income | Qualified-eligible | SDY wins |
| Overall | 0 wins | 4 wins | SDY wins |
Dimension by dimension
SDY wins on yield (2.33% vs 2.26%)
On a $10,000 investment that's about $7 more in annual dividend income before taxes — though higher yield often comes with higher risk.
Safety scores are too close to call (7.3/10 vs 7.6/10)
Both score within 0.3 points on our 0-10 dividend safety scale — comparable risk profiles on the signals we measure.
Yield-trend comparison unavailable
One or both tickers are missing 5-year average yield data.
SDY is cheaper (35.00% vs 56.00%)
On a $10,000 position the lower expense ratio saves about $2100/year — small annually but compounds significantly over 20+ years.
On $10,000 invested, SDY's lower expense ratio saves roughly $21/year in fees versus DIVO. Over 20 years that compounds to a meaningful drag — expense ratios are one of the few costs investors fully control.
SDY is 3.1× larger by AUM
Larger funds tend to have tighter spreads, deeper liquidity, and lower closure risk.
SDY is more tax-efficient in a taxable account
DIVO's distributions are typically taxed as ordinary income (covered call ETF, REIT, or mREIT) — versus qualified dividends from SDY which get the lower long-term capital gains rate.
How we compare these
Every comparison on this page is computed from current public data, not written by hand. Yield comes from the most recent dividend distribution annualized over current price. Safety scores combine yield zone, payout ratio, trend vs 5-year average, instrument type, and size — see our methodology for the exact formula. Tax-efficiency flags identify covered-call ETFs, REITs, and mREITs which distribute primarily as ordinary income.
This is educational, not investment advice.Scores reflect a snapshot of public data on the "as of" dates shown on each ticker's safety page. Verify on the issuer's investor relations page or your brokerage before making decisions.
Frequently asked
Which is better for income, DIVO or SDY?
SDY wins 4–0 on our six-dimension comparison, but DIVO can still be the better fit depending on your priorities — see each dimension below.
DIVO vs SDY: which has a higher dividend yield?
DIVO yields 2.26% and SDY yields 2.33%. On a $10,000 investment that's about $7 more in annual dividend income before taxes — though higher yield often comes with higher risk.
Is DIVO or SDY a safer dividend in 2026?
DIVO scores 7.3/10 (Solid) on the Infnits dividend safety scale. SDY scores 7.6/10 (Solid). SDY is the safer pick on our scoring model.
Which has better dividend growth, DIVO or SDY?
One or both tickers are missing 5-year average yield data.
DIVO vs SDY: which is more tax-efficient?
DIVO's distributions are typically taxed as ordinary income (covered call ETF, REIT, or mREIT) — versus qualified dividends from SDY which get the lower long-term capital gains rate.
Get emailed when DIVO vs SDY data updates.
Already own DIVO or SDY? See if the other adds anything.
Connect your brokerage and Infnits checks whether adding SDY to your existing portfolio actually diversifies — or just duplicates exposure (ETF look-through included).
Check overlap with my portfolio →