Amplify CWP International Enhanced Div Inc ETF is an actively managed international equity covered call ETF. Its covered call strategy boosts its distribution yield to 5.8%. Effective active management has led to consistent outperformance in the past. I'm bullish about the future as well.
Amplify CWP International Enhanced Dividend Income ETF (IDVO) earns a Buy rating for its 6.10% distribution and superior recent returns versus its benchmark. IDVO delivers higher income than the Amplify CWP Enhanced Dividend Income ETF (DIVO) without sacrificing total return, outperforming its international benchmark by 2.5 percentage points annually over three years. IDVO benefits from a cheaper starting valuation, with its equity universe trading at a 39% forward P/E discount to the U.S. market.
The Amplify CWP International Enhanced Dividend Income ETF offers a 5.61% TTM yield and active sector/country allocation, rated BUY. IDVO's flexible portfolio shifts toward outperforming sectors like financials and technology, capturing evolving international market leadership. I expect an 8% to 12% total return over 6–12 months, driven by healthy international earnings and continued sector dispersion.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 200 | $8,094 | $8,192 | $98 | 1.21% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 223,609 | $9.39M | $9.16M | -$232,565.37 | -2.48% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 21,492 | $883,874.41 | $880,312.32 | -$3,562.09 | -0.4% |
| PP Philip Perry FLAGSTAR ADVISORS Inc. | 7,476 | $311,438.04 | $306,216.96 | -$5,221.08 | -1.68% |
| AB Anthony Bruccoleri Equitable Holdings Inc. | 10,697 | $434,291.56 | $439,004.88 | $4,713.32 | 1.09% |
| ARCA Exchange | US Country |
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.
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.
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.