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QDVOAmplify CWP Growth & Income ETF

Get income1y track recordRanked #575 of 1,650 in this goal

Seeks capital appreciation and high current income.

By Amplify ETFs · Launched 2024

Annual Cost

0.56%

#2,977 of 5,854 · average

Fund Size

$738M

#1,307 of 5,854 · large

Dividend YieldGoal

1.63%

Track Record

1 year

#3,662 of 5,854 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,431+14.3%

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 = 59.9% of fundmoderately concentrated

NVIDIA Corp
10.8%
Apple Inc
10.1%
Microsoft Corp
7.9%
Alphabet Inc
7.8%
Amazon.com Inc
5.6%
Meta Platforms Inc
4.0%
Tesla Inc
3.9%
Broadcom Inc
3.8%
Invesco Government & Agency Po
3.3%
Amplify Samsung SOFR ETF
2.7%

Asset allocation

Stocks
95.0%
Cash
5.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
13.3%Moderate

Year-on-year price swings

Max drawdown
-17.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks capital appreciation and high current income.
Strategy
Invests at least 80% of net assets in growth-oriented U.S. exchange-traded equity securities, primarily large-cap stocks, while tactically writing call options to generate additional income. Aims for high total return on a risk-adjusted basis.
Inception date
August 21, 2024
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 2026-08-03