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IDVOAmplify CWP International Enhanced Dividend Income ETF

Get income3y track recordRanked #568 of 1,624 in this goal

Seeks to provide current income and capital appreciation.

By Amplify ETFs · Launched 2022

Annual Cost

0.65%

#3,302 of 5,568 · average

Fund Size

$1.2B

#1,001 of 5,568 · large

Dividend YieldGoal

5.51%

Track Record

3 years

#2,774 of 5,568 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$13,389+33.9%

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

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 34.5% of fundwell diversified

First American Government Obli
4.4%
Alibaba Group Holding Ltd
4.3%
TSMC
4.1%
Novartis AG
3.6%
Sumitomo Mitsui Financial Grou
3.3%
Grupo Cibest SA
3.1%
Barclays PLC
3.1%
AstraZeneca PLC
3.0%
Embraer SA
2.8%
Mitsubishi UFJ Financial Group
2.8%

Asset allocation

Stocks
96.7%
Other
4.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
16.3%Moderate

Year-on-year price swings

Max drawdown
-15.5%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
1.12Strong risk-adjusted returns
Sortino (3Y)
1.61Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to provide current income and capital appreciation.
Strategy
Invests primarily in dividend-paying ADRs of large- and mid-cap companies from the MSCI ACWI ex USA Index. Utilizes a covered call option strategy to generate additional income while managing sector and country allocations.
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

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

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

Why we flagged this: strategy=option_income + option_income_strategy

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 2026-06-20