Amplify Cash Flow Dividend Leaders ETF (COWS) Performance
COWS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +20.9% since Dec 31, 2025
- 1 year
- +25.5% total return
- 3 years
- +21.5% a year
- Since first price
- +18.4% a year since 2023
COWS trailing returns vs SPY, QQQ, AGG
| Period | COWS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +6.9% | +6.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +8.3% | +8.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +15.5% | +14.7% | +7.8% | +8.4% | −1.5% |
| YTD | +20.9% | +19.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +25.5% | +23.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +79.2%+21.5%/yr | +68.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionSep 13, 2023 | +69.1%+18.4%/yr | +59.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: COWS vs SPY
From Sep 13, 2023: COWS grew to $16,914, SPY to $17,711.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
COWS returns by calendar year
2 of 2 full years positive. Best 2025 (+15.3%), worst 2024 (+11.1%). 2026 is year to date.
COWS annual returns table
| Year | COWS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +20.9% | −10.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +15.3% | −21.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +11.1% | −8.9% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
COWS largest drawdowns
Now 1.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 25, 2024 | −24.8% | Apr 8, 2025 | Aug 22, 2025 | 4 months | 9 months |
| Aug 24, 2026 | −10.4% | Sep 30, 2026 | not yet | 37 days | 2 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
COWS risk statistics
| Statistic | 3 years |
|---|---|
| Annualized return | +16.0% |
| Volatility (annualized) | 17.0% |
| Sharpe ratio | 0.70 |
| Sortino ratio | 1.10 |
| Best month | +8.8% |
| Worst month | −9.7% |
| Best 12 months | +35.6% |
| Worst 12 months | −3.3% |
| Positive months | 61% |
| Beta vs S&P 500 | 0.97 |
| Correlation with S&P 500 | 0.71 |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
COWS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 26 | −3.3% | +15.3% | +35.6% | 88% |
| 3-year (a year) | 2 | +16.0% | +18.9% | +21.8% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
COWS performance overview
Amplify Cash Flow Dividend Leaders ETF (COWS) returned +25.5% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +18.4% a year, turning $10,000 into about $16,914. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −24.8%, from Nov 25, 2024 to Apr 8, 2025, and it took 4 months to get back to the old high. Volatility has been 17.0% a year.
Related: COWS chart, COWS holdings, COWS dividends, COWS valuation. See the COWS overview for the latest quote and fund facts.
COWS performance FAQ
What is the COWS return over the past year?
COWS returned +25.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 23.7%.
How much would $10,000 invested in COWS be worth?
$10,000 invested in COWS at its first recorded close on September 13, 2023 would be worth about $16,914 on October 23, 2026 with distributions reinvested.
What was the worst year for COWS?
The worst calendar year was 2024, with a total return of +11.1%. The best was 2025 at +15.3%.
What is the biggest drawdown of COWS?
The largest peak-to-trough decline was −24.8% between November 25, 2024 and April 8, 2025. It recovered to the old high on August 22, 2025, 4 months after the bottom.
How volatile is COWS?
Over the past 3 years COWS had an annualized volatility of 17.0% and a Sharpe ratio of 0.70 (excess return over 1–3 month T-bills per unit of risk).