PAYM yields 1.89% · DIVO yields 6.49%● Live data
📍 DIVO pulled ahead of the other in Year 1
Combined, PAYM + DIVO cover 0 of 12 months — good coverage
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What's the optimal mix of PAYM + DIVO for your $10,000?
PAYM aims to provide moderate monthly income with some downside protection, however, investors face loss of principal if the equity index falls sharply. PAYM aims to provide a lower-volatility equity strategy as compared to its sister product, PAYH. The strategy is designed to smooth returns and manage risk in changing market conditions. The ETF is actively managed, aiming to provide exposure to an autocallable index that tracks a portfolio of synthetic autocallable notes linked to a custom volatility index. The fund gains exposure to autocallable notes through total return swaps, rather than by directly holding the autocallables. Swap exposure is rebalanced or rolled weekly. Exposure to S&P 500 futures may be adjusted up to seven times daily, increasing exposure in calm markets and reducing it during volatility to stabilize risk and potentially reduce drawdowns. The fund may invest up to 25% of its assets in a Cayman Islands subsidiary for derivatives exposure.
Full PAYM Calculator →DIVO is an ETF of high-quality large cap companies with a history of dividend and earnings growth, along with a tactical covered call* strategy on individual stocks. DIVO is strategically designed to offer high levels of total return on a risk-adjusted basis.
Full DIVO Calculator →Save your analysis + weekly dividend insights. Free forever.
⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.