FDIV vs HCOW
MarketDesk Focused US Dividend ETF vs Amplify COWS Covered Call ETF
Which is better, FDIV or HCOW?
HCOW has been ahead.
FDIV has a lower expense ratio. HCOW led over 1Y, 3Y and the full window. FDIV is less concentrated, with 33.0% of the fund in its ten largest positions against 41.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FDIV | HCOW |
|---|---|---|
| Expense Ratio | 0.35%Best | 0.65% |
| AUM | $53M | $17M |
| Dividend Yield | 2.61% | 13.09% |
| Holdings | 224 | 86 |
| YTD Return | -0.05% | +8.81%Best |
| 1Y Return | +2.12% | +15.59%Best |
| 3Y Return (annualized) | +6.26% | +10.63%Best |
| Volatility (annualized) | 12.8%Best | 15.2% |
| Max Drawdown | -18.6%Best | -24.1% |
| $10,000 over 3.1 years | $11,722 | $13,468Best |
| Top 10 Weight | 33.0%Best | 41.6% |
| Fund Family | MarketDesk Indices | Amplify ETFs |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 19, 2023 | Sep 20, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 20, 2023 to Oct 14, 2026 (3.1 years).
FDIV vs HCOW growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.1 years both funds cover.
FDIV vs HCOW Performance
MarketDesk Focused US Dividend ETF (FDIV) is an ETF from MarketDesk Indices and Amplify COWS Covered Call ETF (HCOW) is an ETF from Amplify ETFs. Over the past year FDIV returned +2.12% while HCOW returned +15.59%. Year to date, FDIV is down 0.05% versus a gain of 8.81% for HCOW.
Over three years, FDIV compounded at +6.26% per year against +10.63% for HCOW.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HCOW has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 12.8% for FDIV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.6% for FDIV and -24.1% for HCOW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FDIV charges 0.35% per year while HCOW charges 0.65%. On a $10,000 position that is $35 vs $65 annually, a gap of $30 per year that compounds over a long holding period. On income, FDIV currently yields 2.61% against 13.09% for HCOW.
Holdings Overlap
8.4% of FDIV's money is in holdings HCOW also owns. 22.1% of HCOW's money is in holdings FDIV also owns.
HCOW and FDIV share little of their money.
7 positions in common, counted across the 111 positions we hold weights for in FDIV and 31 in HCOW, against full books of 224 and 86.
What only one of them owns
Our book lists 24 positions for HCOW that do not appear in our book for FDIV (78.2% of the fund), and 99 for FDIV that do not appear in HCOW (89.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FDIV | Weight in HCOW | Difference |
|---|---|---|---|
| XOMExxonmobil Holdings Corp Common Stock Usd | 3.16% | 4.01% | 0.85% |
| CVXChevron Corp | 2.98% | 3.89% | 0.91% |
| INTUIntuit, Inc. | 0.75% | 3.62% | 2.87% |
| ZTSZoetis Inc . | 0.26% | 3.79% | 3.53% |
| AJGArthur J Gallagher & Co. | 0.54% | 2.24% | 1.70% |
| CTSHCognizant Technology Solutions Corp. Class A | 0.26% | 2.47% | 2.21% |
| APOAthene (Ath) / Apollo Global Management (Apo) | 0.46% | 2.06% | 1.60% |
22.1% of HCOW is already inside FDIV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FDIV or HCOW?
FDIV has an expense ratio of 0.35% while HCOW charges 0.65%. FDIV is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, FDIV or HCOW?
Over the past year FDIV returned +2.12% vs +15.59% for HCOW, so HCOW leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDIV or HCOW?
HCOW has been the more volatile fund at 15.2% annualized versus 12.8% for FDIV. Worst drawdown: FDIV -18.6% vs HCOW -24.1%.
Should I hold both FDIV and HCOW?
FDIV and HCOW have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FDIV and HCOW?
22.1% of HCOW's money is in holdings FDIV also owns. 22.1% of HCOW's is in holdings FDIV also owns. They hold 7 positions in common, counted across the 111 positions we hold weights for in FDIV and 31 in HCOW.
Which pays a higher dividend, FDIV or HCOW?
FDIV yields 2.61% while HCOW yields 13.09%, so HCOW currently pays the higher dividend yield.
Is HCOW better than FDIV?
FDIV has a lower expense ratio. HCOW led over 1Y, 3Y and the full window. FDIV is less concentrated, with 33.0% of the fund in its ten largest positions against 41.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.