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IDVOAmplify CWP International Enhanced Dividend Income ETF

Get income3y track recordRanked #562 of 1,650 in this goal

Seeks current income and capital appreciation through dividend-paying ADRs and covered call options.

By Amplify ETFs · Launched 2022

Annual Cost

0.65%

#3,433 of 5,861 · average

Fund Size

$1.3B

#996 of 5,861 · large

Dividend YieldGoal

2.14%

Track Record

3 years

#2,708 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$13,427+34.3%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 37.3% of fund✓ well diversified

First American Government Obli
10.1%
TSMC
4.1%
Nutrien Ltd
3.7%
Bank of Montreal
3.1%
Alibaba Group Holding Ltd
2.9%
Cameco Corp
2.9%
Mitsubishi UFJ Financial Group
2.8%
America Movil SAB de CV
2.6%
AstraZeneca PLC
2.6%
Invesco Government & Agency Po
2.6%

Asset allocation

Stocks
95.3%
Cash
4.5%
Other
0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
16.7%Moderate

Year-on-year price swings

Max drawdown
-15.4%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
1.07Strong risk-adjusted returns
Sortino (3Y)
1.55Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks current income and capital appreciation through dividend-paying ADRs and covered call options.
Strategy
Invests primarily in dividend-paying ADR securities of large- and mid-cap companies from the MSCI ACWI ex USA Index, while tactically writing covered call options to generate additional income. Focuses on companies organized outside the U.S. to enhance total return.
Inception date
September 7, 2022
Fund family
Amplify ETFs

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04