Amplify CWP Enhanced Dividend Income ETF (DIVO) Valuation
DIVO valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 23.1 trailing earnings
- Forward P/E
- 17.3 analyst estimates
- Price / sales
- 2.85
- Price / book
- 4.73
- EV / EBITDA
- 14.1
- Earnings yield
- 4.32% inverse of P/E
- Dividend yield
- 1.59% of the holdings
- Return on equity
- 20.4% combined
- Net margin
- 12.3% combined
- Beta
- 0.89 weighted, vs S&P 500
DIVO valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| DIVO | 23.1 | 17.3 | 2.85 | 4.73 | 1.59% | 20.4% | 12.3% | 0.0% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
DIVO valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 22.7% | 18.6 | 16.4 | 5.38 | 4.03 | 1.53% | 21.7% |
| Technology | 14.9% | 31.7 | 28.0 | 12.28 | 15.27 | 0.52% | 48.2% |
| Healthcare | 13.2% | 35.6 | 16.2 | 2.35 | 8.05 | 2.33% | 22.6% |
| Industrials | 11.1% | 25.4 | 20.9 | 1.77 | 4.53 | 1.28% | 17.8% |
| Energy | 6.1% | 19.4 | 9.6 | 1.44 | 2.67 | 2.40% | 13.7% |
| Basic Materials | 4.8% | 19.7 | 16.1 | 3.31 | 4.61 | 1.16% | 23.4% |
| Communication Services | 4.0% | 15.4 | 16.4 | 3.83 | 4.17 | 1.72% | 27.2% |
| Consumer Defensive | 4.0% | 25.2 | 19.4 | 0.93 | 2.94 | 2.39% | 11.7% |
| Utilities | 2.1% | 18.3 | 15.9 | 2.89 | 1.66 | 3.57% | 9.0% |
| Consumer Cyclical | 0.5% | 18.1 | 13.3 | 4.35 | 34.95 | 1.03% | 192.9% |
DIVO earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How DIVO weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
DIVO largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MSFT | Microsoft Corporation | 5.90% | 29.5 | 25.1 | 11.8 | 0.74% | 5.66% |
| V | Visa Inc. | 5.80% | 34.3 | 24.0 | 17.0 | 0.67% | 4.79% |
| AMGN | Amgen Inc. | 5.52% | 26.9 | 16.7 | 6.1 | 2.33% | 5.81% |
| AAPL | Apple Inc. | 5.40% | 39.4 | 35.2 | 10.7 | 0.31% | 3.88% |
| AGPXX | Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional | 4.93% | — | — | — | — | — |
| CAT | Caterpillar Inc. | 4.88% | 31.5 | 25.4 | 4.5 | 0.89% | 4.39% |
| JPM | JPMorgan Chase & Co. | 4.78% | 14.2 | 13.5 | 4.7 | 1.94% | 9.49% |
| GS | The Goldman Sachs Group, Inc. | 4.62% | 12.7 | 12.8 | 3.6 | 2.27% | 10.32% |
| XLY | The Select Sector SPDR Trust - The Consumer Discretionary Select Sector SPDR Fund | 4.56% | — | — | — | — | — |
| CVX | Chevron Corporation | 4.14% | 21.2 | 15.2 | 2.1 | 3.16% | 5.52% |
| SOFR | Amplify ETF Trust - Amplify Samsung SOFR ETF | 4.13% | — | — | — | — | — |
| AXP | American Express Company | 4.09% | 19.0 | 15.1 | 3.0 | 1.21% | 6.08% |
| NVDA | NVIDIA Corporation | 3.56% | 27.1 | 24.9 | 17.1 | 0.47% | 3.72% |
| MRK | Merck & Co., Inc. | 3.48% | 115.8 | 15.3 | 5.4 | 2.33% | 0.85% |
| CME | CME Group Inc. | 3.39% | 24.9 | 21.9 | 15.6 | 1.77% | 3.84% |
| RTX | RTX Corporation | 3.32% | 34.1 | 24.6 | 2.8 | 1.51% | 2.75% |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | 3.25% | — | — | — | — | — |
| UNH | UnitedHealth Group Incorporated | 3.14% | 25.8 | 16.6 | 0.8 | 2.31% | 3.44% |
| GOOGL | Alphabet Inc. | 3.02% | 17.1 | 22.8 | 9.3 | 0.26% | 5.00% |
| FDX | FedEx Corporation | 2.94% | 15.8 | 14.2 | 0.7 | 1.66% | 5.26% |
| FCX | Freeport-McMoRan Inc. | 2.30% | 34.3 | 18.1 | 3.9 | 0.86% | 1.90% |
| DUK | Duke Energy Corporation | 2.15% | 18.3 | 15.9 | 2.9 | 3.57% | 3.32% |
| KO | The Coca-Cola Company | 2.02% | 28.2 | 25.3 | 8.1 | 2.26% | 2.03% |
| MPC | Marathon Petroleum Corporation | 2.00% | 16.6 | 5.5 | 0.9 | 0.84% | 3.42% |
| ADM | Archer-Daniels-Midland Company | 1.94% | 22.6 | 15.6 | 0.5 | 2.52% | 2.42% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About DIVO valuation
Adding up its 25 holdings with company data, DIVO trades at 23.1 times trailing earnings and 17.3 times analysts' forward estimates, with a price-to-book ratio of 4.73 and a dividend yield of 1.59%. Its earnings yield of 4.32% is 1.00 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 50.5% of the fund and earn 59.7% of its combined profit. By sector, Healthcare is the most expensive at 35.6 times earnings and Communication Services the cheapest at 15.4. Companies that lost money over the past year are 0.0% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 81.5% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: DIVO chart, DIVO performance, DIVO holdings, DIVO dividends.
DIVO valuation FAQ
What is the P/E ratio of DIVO?
Based on its holdings, DIVO has a trailing P/E of 23.1 and a forward P/E of 17.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of DIVO?
The trailing earnings yield is 4.32% (1 ÷ P/E) and the forward earnings yield 5.77%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is DIVO more expensive than the S&P 500?
DIVO trades at 23.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 17.3 and 19.9.
What is the price-to-book ratio of DIVO?
The holdings of DIVO trade at 4.73 times book value, with a combined return on equity of 20.4%.
Which sector in DIVO has the highest P/E?
Healthcare has the highest P/E at 35.6 and Communication Services the lowest at 15.4.