Amplify CWP Growth & Income ETF

QDVO

Market cap $508M

If you are hunting dividend investing strategies, you may want to ensure you don't overlook ETFs as they are a surefire way to gain exposure to a wide basket of stocks while also generating passive income.

QDVO is categorized as a “Three-in-One ETF” and aims to provide appreciation, competitive dividends, and an options strategy. This sets it apart from the rest of the covered call ETFs, which instead focus mainly on overlaying the underlying assets with options. Its holding distribution makes it, in my opinion, suitable for a moderately bullish scenario.

The Dividend Harvesting Portfolio delivered record dividend income in October, reaching $229.93 for the month and $2,706.73 in forward annualized income. Recent additions include ONEOK (OKE) for its strong yield and growth prospects, and Amplify CWP Growth & Income ETF (QDVO) for its high yield and tactical strategy. Portfolio diversification remains a key focus, with ongoing efforts to balance sector allocations and increase the share of individual equities over time.

Amplify CWP Growth & Income ETF offers both capital appreciation and a high 9.3% yield, appealing to growth and income investors. QDVO uses a dynamic covered call strategy on a focused portfolio of large-cap growth stocks, with heavy tech sector exposure. The fund provides tax-efficient monthly distributions, mainly as return of capital, but payouts can vary, and tech concentration adds risk in downturns.

Amplify CWP Growth & Income ETF (QDVO) earns a Buy rating for its 20%+ total return and 9% yield, anchored by technology sector strength. QDVO's active covered call strategy and heavy AI/tech focus drive superior performance versus peers, offering both high income and capital appreciation. The ETF's concentrated top holdings benefit in bull markets but pose heightened risk and drawdowns during bear markets, requiring careful monitoring.

Amplify CWP Growth & Income ETF stands out for its strong blend of income and appreciation, outperforming peers in total return over the past year. QDVO's tactical covered call strategy enables recurring income and upside participation, closely replicating Nasdaq returns while exceeding SPY's performance. Falling interest rates and a likely shift of capital from money markets to equities could further boost QDVO's appeal, offering yields well above risk-free assets.

CHICAGO, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Amplify ETFs announces October income distributions for its income ETFs. ETF Name Ticker Amountper Share Ex-Date RecordDate PayableDate Amplify Bitcoin Max Income Covered Call ETF BAGY $1.49450 10/30/25 10/30/25 10/31/25 Amplify Bitcoin 2% Monthly Option Income ETF BITY $1.10159 10/30/25 10/30/25 10/31/25 Amplify SILJ Covered Call ETF SLJY $0.46500 10/30/25 10/30/25 10/31/25 Amplify Samsung SOFR ETF SOFR $0.35157 10/30/25 10/30/25 10/31/25 Amplify CWP Growth & Income ETF QDVO $0.25116 10/30/25 10/30/25 10/31/25 Amplify COWS Covered Call ETF HCOW $0.24270 10/30/25 10/30/25 10/31/25 Amplify Bloomberg U.S. Treasury 12% Premium Income ETF TLTP $0.23310 10/30/25 10/30/25 10/31/25 Amplify CWP International Enhanced Dividend Income ETF IDVO $0.19040 10/30/25 10/30/25 10/31/25 Amplify CWP Enhanced Dividend Income ETF DIVO $0.18152 10/30/25 10/30/25 10/31/25 Amplify High Income ETF YYY $0.12000 10/30/25 10/30/25 10/31/25 Amplify Natural Resources Dividend Income ETF NDIV $0.11645 10/30/25 10/30/25 10/31/25 About Amplify ETFs Amplify ETFs, sponsored by Amplify Investments, has over $15.5 billion in assets under management (as of 9/30/2025).

Amplify CWP Growth & Income ETF (QDVO) earns a Strong Buy rating for its active management, broader portfolio, and superior total returns, versus QQQI. QDVO's flexibility in portfolio selection and dynamic option writing enable better drawdown protection and alpha generation across various market conditions. NEOS NASDAQ-100 High Income ETF (QQQI) remains a Buy for its call spread structure, more predictable returns, and strong performance among NDX buywrite peers.

CHICAGO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Amplify ETFs announces September income distributions for its income ETFs.

The Schwab US Dividend Equity ETF (NYSEARCA:SCHD ) is often seen as the gold standard for dividend ETFs.