Amplify CWP Enhanced Dividend Income ETF (DIVO)
ARCA ARCA Primary Summary
Four Strong Covered Call Equity ETFs
Covered call equity ETFs have above-average yields and benefit from rising stock prices and bull markets. There are lots of covered call ETFs in the market, with different characteristics and focusing on different markets. A quick rundown of four particularly strong ETFs in this niche follows. ETFs include two focusing on quality U.S. equities, international equities, and tech.
Dividend Harvesting Portfolio Week 255: $25,500 Allocated, $2,739 In Projected Dividends
The Dividend Harvesting Portfolio reached all-time highs, now yielding 7.95% with $2,739.40 in forward annualized dividend income. I see 2026 as a bullish year, driven by anticipated rate cuts, GDP growth, and expanding margins from stabilized input costs. Recent capital was allocated to undervalued names like Verizon and PIMCO Dynamic Income Fund, both offering compelling yields and improving fundamentals.
DIVO's Tactical Income Approach Continues To Outperform VYM And SCHD
The Amplify CWP Enhanced Dividend Income ETF delivers a compelling blend of high-quality S&P 500 stocks and tactical covered call income generation. DIVO outperformed both risk-free assets and peer ETFs (VYM, SCHD), producing a 6.87% yield and 15.99% total return over the past year. The portfolio's forward P/E is 21.98x 2027 earnings, with 25.25% expected EPS growth, making DIVO's holdings appear attractively valued versus the S&P 500.
Amplify CWP Enhanced Dividend Income ETF (DIVO) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Amplify CWP Enhanced Dividend Income ETF ever had a stock split?
Amplify CWP Enhanced Dividend Income ETF Profile
| ARCA Exchange | US Country |
Overview
The described fund primarily focuses on investing in dividend-paying U.S. exchange-traded equity securities, dedicating at least 80% of its net assets to such investments. Alongside this, the fund employs a strategic approach by opportunistically utilizing an option strategy, which includes writing (selling) U.S. exchange-traded covered call options on the equity securities it holds. This method aims to generate additional income or hedge against market volatility. It's important to note that this fund is categorized as non-diversified, meaning it may invest more heavily in fewer sectors or securities, potentially increasing its risk and volatility compared to diversified funds.
Products and Services
- Dividend-Paying U.S. Exchange-Traded Equity Securities
This refers to the core investment of the fund, targeting equity securities listed on U.S. exchanges that offer dividends. These investments aim to provide income through dividends as well as potential capital appreciation. By focusing on dividend-paying stocks, the fund seeks to attract investors interested in regular income generation alongside potential growth.
- Option Strategy: Writing Covered Call Options
As a part of its strategic operations, the fund engages in an option strategy that involves writing (or selling) covered call options on the U.S. exchange-traded equity securities it holds. This approach can generate additional income for the fund through option premiums received. It can also offer some level of protection against downside risk in stock prices. Covered calls involve selling the right to buy a security at a specified price within a certain period, which can cap the upside potential of the security involved but provide immediate income.
