IDVO News & Analysis
2 articles
Market Mood
IDVO Beats DIVO in Yield and Total Return by 10 Points
The Amplify CWP International Enhanced Dividend Income ETF (IDVO) has outperformed the Amplify CWP Enhanced Dividend Income ETF (DIVO) by 5 percentage points year-to-date and 10 percentage points over the last 12 months, with a yield of 5.6%. DIVO's forward annualized run rate stands at $2.2584 against a price of $48.45, while IDVO has a forward annualized basis of $2.5272 with a recent price of $43.29. The comparison highlights that IDVO has a structural yield edge over U.S. mega-caps due to higher payouts from international banks and institutions. This performance difference may affect investor decisions regarding dividend yield and total return strategies.
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IDVO ETF Returns 38.69% Doubling EAFE's 21.15% Over Last Year
Amplify CWP International Enhanced Dividend Income ETF (IDVO) reported a return of 38.69% over the last year, significantly outperforming the iShares MSCI EAFE ETF (EFA), which returned 21.15%. The ETF incorporates high-quality international ADRs paired with covered call strategies that currently generate monthly distributions of approximately $0.21 per share. IDVO’s expense ratio is 0.65%, and it has amassed roughly $445 million in net assets. This performance suggests growing appeal among American investors traditionally underweight in international stocks due to its income-generating strategy coupled with potential capital appreciation.
Read More: IDVO ETF Returns 38.69% Doubling EAFE's 21.15% Over Last Year