I rate Amplify CWP Growth & Income ETF a 'Hold' due to low implied volatility, limiting call-selling premium opportunities for income-focused investors. QDVO has outperformed QQQ and SPY since its August 2024 inception but has underperformed since the April 8 market low. The ETF is concentrated in large-cap growth, especially tech, with high income potential but notable liquidity and volatility risks.
$50,000 invested in diversified high-yield ETFs can be safer than picking individual stocks.
The Amplify CWP Growth & Income ETF (QDVO) uses an option writing strategy to generate huge yield.