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SPAQ vs DIVO: Dividend Comparison 2026

SPAQ yields 16.68% · DIVO yields 6.49%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 SPAQ wins by $28.7K in total portfolio value
10 years
SPAQ
SPAQ
● Live price
16.68%
Share price
$90.73
Annual div
$15.13
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$59.4K
Annual income
$4,644.89
Full SPAQ calculator →
DIVO
DIVO
● Live price
6.49%
Share price
$44.85
Annual div
$2.91
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$30.7K
Annual income
$981.68
Full DIVO calculator →

Portfolio growth — SPAQ vs DIVO

📍 SPAQ pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodSPAQDIVO
2008–2009
GFC
— No data— No data
2020 Q1–Q2
COVID
— No data— No data
2022 Q4
Rate Hike
— No data— No data
Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.
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Dividend Calendar Overlap

Combined, SPAQ + DIVO cover 0 of 12 months — good coverage

Jan
—
Feb
—
Mar
—
Apr
—
May
—
Jun
—
Jul
—
Aug
—
Sep
—
Oct
—
Nov
—
Dec
—
SPAQ pays
DIVO pays
Both pay
Neither
💰

Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

SPAQ
Annual income on $10K today (after 15% tax)
$1,417.62/yr
After 10yr DRIP, annual income (after tax)
$3,948.16/yr
DIVO
Annual income on $10K today (after 15% tax)
$552.00/yr
After 10yr DRIP, annual income (after tax)
$834.43/yr
At 15% tax rate, SPAQ beats the other by $3,113.73/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of SPAQ + DIVO for your $10,000?

SPAQ: 50%DIVO: 50%
100% DIVO50/50100% SPAQ
Portfolio after 10yr
$45.1K
Annual income
$2,813.29/yr
Blended yield
6.24%
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

SPAQ buys
0
DIVO buys
0
No recent congressional trades found for SPAQ or DIVO in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricSPAQDIVO
Forward yield16.68% ✓6.49%
Annual dividend / share$15.13 ✓$2.91
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%0%
Portfolio after 10y$59.4K ✓$30.7K
Annual income after 10y$4,644.89 ✓$981.68
Total dividends collected$30.6K ✓$8.2K
Payment frequencyquarterlyquarterly
SectorStockETF

Year-by-year: SPAQ vs DIVO ($10,000, DRIP)

YearSPAQ PortfolioSPAQ Income/yrDIVO PortfolioDIVO Income/yrGap
1← crossover$12,368$1,667.79$11,349$649.42+$1.0K → SPAQ
2$15,161$1,927.74$12,833$688.83+$2.3K → SPAQ
3$18,431$2,208.56$14,459$727.90+$4.0K → SPAQ
4$22,231$2,509.23$16,238$766.49+$6.0K → SPAQ
5$26,615$2,828.49$18,179$804.47+$8.4K → SPAQ
6$31,643$3,164.83$20,293$841.71+$11.3K → SPAQ
7$37,375$3,516.54$22,591$878.14+$14.8K → SPAQ
8$43,873$3,881.78$25,087$913.65+$18.8K → SPAQ
9$51,202$4,258.57$27,791$948.18+$23.4K → SPAQ
10$59,431$4,644.89$30,718$981.68+$28.7K → SPAQ

SPAQ vs DIVO: Complete Analysis 2026

SPAQ — Stock

The Horizon Kinetics SPAC Active ETF seeks to generate realized capital gains on a risk-adjusted basis by investing in special purpose acquisition companies believed to generate net realized capital gains.

Full SPAQ Calculator →

DIVO — ETF

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 →
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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.