Is ZSPY or DIVO a better dividend investment in 2026?

ZSPY currently yields 7.27% with a 5% 5-year dividend growth rate. DIVO yields 6.49% with 5% growth. The better choice depends on your goal: ZSPY offers higher current income.

What is the dividend yield difference between ZSPY and DIVO?

ZSPY has a forward dividend yield of 7.27% ($2.00/share annually). DIVO yields 6.49% ($2.91/share annually). The yield gap is 0.78 percentage points.

Home › Compare › ZSPY vs DIVO

ZSPY vs DIVO: Dividend Comparison 2026

ZSPY yields 7.27% · DIVO yields 6.49%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 ZSPY wins by $1.6K in total portfolio value

INVESTMENT

TIME HORIZON10 years

ZSPY

● Live price

7.27%

Share price

$27.50

Annual div

$2.00

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$32.4K

Annual income

$1,153.44

Full ZSPY calculator →

DIVO

● Live price

6.49%

Share price

$44.85

Annual div

$2.91

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$30.7K

Annual income

$981.68

Full DIVO calculator →

Portfolio growth — ZSPY vs DIVO

📍 ZSPY 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 Period	ZSPY	DIVO
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, ZSPY + DIVO cover 0 of 12 months — good coverage

Jan

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Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

ZSPY pays

DIVO pays

Both pay

Neither

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Tax Bracket Optimizer

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

ZSPY

Annual income on $10K today (after 15% tax)

$618.08/yr

After 10yr DRIP, annual income (after tax)

$980.42/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, ZSPY beats the other by $146.00/year in after-tax income after 10 years on $10,000

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Lazy Portfolio Split Optimizer

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

ZSPY: 50%DIVO: 50%

100% DIVO50/50100% ZSPY

Portfolio after 10yr

$31.5K

Annual income

$1,067.56/yr

Blended yield

3.38%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

ZSPY buys

DIVO buys

No recent congressional trades found for ZSPY or DIVO in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricZSPYDIVO

Forward yield	7.27% ✓	6.49%
Annual dividend / share	$2.00	$2.91 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$32.4K ✓	$30.7K
Annual income after 10y	$1,153.44 ✓	$981.68
Total dividends collected	$9.4K ✓	$8.2K
Payment frequency	quarterly	quarterly
Sector	Stock	ETF

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

Year	ZSPY Portfolio	ZSPY Income/yr	DIVO Portfolio	DIVO Income/yr	Gap
1← crossover	$11,427	$727.15	$11,349	$649.42	+$78.00 → ZSPY
2	$13,004	$776.57	$12,833	$688.83	+$171.00 → ZSPY
3	$14,740	$825.89	$14,459	$727.90	+$281.00 → ZSPY
4	$16,646	$874.91	$16,238	$766.49	+$408.00 → ZSPY
5	$18,735	$923.45	$18,179	$804.47	+$556.00 → ZSPY
6	$21,018	$971.32	$20,293	$841.71	+$725.00 → ZSPY
7	$23,508	$1,018.39	$22,591	$878.14	+$917.00 → ZSPY
8	$26,218	$1,064.50	$25,087	$913.65	+$1.1K → ZSPY
9	$29,162	$1,109.55	$27,791	$948.18	+$1.4K → ZSPY
10	$32,357	$1,153.44	$30,718	$981.68	+$1.6K → ZSPY

ZSPY vs DIVO: Complete Analysis 2026

ZSPY — Stock

The index employs a tactical allocation strategy by allocating to (i) high income equity asset classes, including Master Limited Partnerships (“MLPs”), Real Estate Investment Trusts (“REITs”), and utilities, and (ii) fixed income securities. Under normal market conditions, the fund will invest at least 80% of its total assets in securities and cash included in the index.

Full ZSPY 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.