Amplify CWP International Enhanced Dividend Income ETF (IDVO)
ARCA ARCA Primary Summary
IDVO Chart
A Covered Call ETF That Pays 6% Is Beating Vanguard's Biggest International ETF Right Now
As a general rule of thumb, I usually expect covered call ETFs to underperform their long-only counterparts.
IDVO: Income And Growth With Ex-US Equities Retaining Appeal (Reaffirming Buy)
Amplify CWP International Enhanced Dividend Income ETF is rated a buy, offering a compelling distribution yield and relatively better valuations than broad-market US equities. Underlying holdings generally retain earnings for reinvestment, supporting dividend sustainability and long-term growth, with a moderate option overlay for incremental income. IDVO retains the potential for capital appreciation alongside distributions, appealing to both growth- and income-focused investors.
IDVO's International Dividend Strategy Carries an Unhedged Currency Risk That Can Wipe Out a Year of Yield
If you bought Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) for the monthly checks, the prospectus detail that matters most this year is the one you probably skimmed: IDVO is unhedged.
Amplify CWP International Enhanced Dividend Income ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 9,649 | $390,495.03 | $407,670.25 | $17,175.22 | 4.4% |
 Christian Keedy Guardian Wealth Advisors LLC / Nc | 1,825 | $73,857.75 | $77,626.37 | $3,768.62 | 5.1% |
| PAP Penny A. Phillips Journey Strategic Wealth LLC | 4,974 | $201,297.78 | $211,693.44 | $10,395.66 | 5.16% |
 Lonny Elfenbein West Michigan Advisors LLC | 30,902 | $1.04M | $1.32M | $274,678.99 | 26.4% |
| MWM Marion Wealth Management Marion Wealth Management | 5,737 | $232,176.39 | $243,879.87 | $11,703.48 | 5.04% |
Amplify CWP International Enhanced Dividend Income ETF (IDVO) FAQ
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Amplify CWP International Enhanced Dividend Income ETF Profile
| ARCA Exchange | US Country |
Overview
This company specializes in managing an investment fund that primarily targets dividend-paying U.S. exchange-traded American Depositary Receipt (ADR) securities which are organized or located outside the U.S. The investment strategy of the fund is rooted in leveraging at least 80% of its net assets (in addition to borrowings for investment purposes) towards the acquisition of these Equity Securities. Furthermore, the fund employs an opportunistic approach to its investment strategy by utilizing an option strategy, which involves writing (selling) U.S. exchange-traded covered call option contracts on such Equity Securities. This strategy indicates a focus on generating income through dividends and options while taking on the risk associated with non-diversification.
Products and Services
- Dividend-Paying U.S. Exchange-Traded ADR Securities Investment
This service encompasses the core investment activities of the fund, which involve allocating at least 80% of the fund's net assets, along with any borrowings for investment purposes, in dividend-paying U.S. exchange-traded ADR securities. These ADR securities represent shares in foreign companies that are traded on U.S. exchanges, allowing investors to gain exposure to international markets while investing through U.S. financial systems. The focus on dividend-paying entities aims to provide consistent income generation for the fund's investors.
- Option Strategy Utilization
As a part of its diversified approach to income generation and risk management, the fund engages in an opportunistic option strategy. This involves the writing (selling) of U.S. exchange-traded covered call option contracts on the Equity Securities it holds. Covered call writing allows the fund to earn additional income through the premiums received from selling call options, which grant the buyer the right, but not the obligation, to buy the underlying security at a predetermined price before the option expires. This strategy can provide a hedge against potential downside risk and help boost overall returns.
