Amplify CWP Growth & Income ETF

QDVO

Market cap $607M

Amplify CWP Growth & Income ETF maintains a 'Buy' rating, offering a 10.7% yield amid growth stock volatility. QDVO's concentrated, actively managed portfolio of 20-40 mega-cap tech stocks emphasizes out-of-the-money covered calls for income and growth. Recent performance has lagged the S&P 500, with QDVO and NASDAQ 100 both down ~1% over six months, highlighting the similar volatility and the need for protection.

Amplify CWP Growth & Income ETF offers exposure to top tech names but underperforms passive alternatives like QQQM in total returns. QDVO's 10.63% yield is competitive among income-focused ETFs, yet its growth component fails to deliver versus both income and growth benchmarks. Despite high-quality holdings such as NVDA, AAPL, and MSFT, QDVO's higher expense ratio and lagging performance diminish its appeal.

Christian Magoon, Amplify ETFs CEO and founder, joins CNBC's Dominic Chu on 'Halftime Report' to discuss the firm's ETF suite which includes dividend and income-focused strategies via options.

The Dividend Harvesting Portfolio reached a new all-time high, surpassing $36,000 in value and generating $2,793.02 in forward annualized dividend income. Recent market volatility, especially in tech and SaaS, highlights the portfolio's defensive, income-focused, and diversified approach, which outperformed the Nasdaq during declines. Additions to QDVO and NNN REIT this week reflect tactical allocations to high-yield, undervalued assets with durable income streams and strong dividend histories.

Amplify CWP Growth & Income ETF (QDVO) delivers a compelling blend of double-digit yield and capital appreciation, amassing $596 million AUM since inception. QDVO's tactical covered call strategy targets 4–6% option premium plus 0–2% dividend yield, producing a 15.78% total return over the past year. The ETF's concentrated portfolio, heavily weighted toward undervalued technology leaders, positions QDVO for continued outperformance as risk-free rates decline.

QDVO is a covered call ETF focusing on growth stocks, writing covered calls on a portion of its holdings. It sports a massive 10.3% distribution yield, and quite a bit of upside potential. It is riskier than most covered call funds, and could see significant drawdowns during adverse scenarios. QDVO has performed quite well since inception, outperforming the Nasdaq-100.

There's an ongoing shift in how investors access income through ETFs. No longer is sourcing income a pursuit centered solely on fixed income assets.

Amplify ETFs had an impressive year in 2025, outperforming the broader market in both asset growth rate and performance across its thematic and income-oriented suites.  The firm ended the year with 39 ETFs in its lineup and a total of $17 billion in assets under management.

CHICAGO, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Amplify ETFs , a leading provider of breakthrough ETF solutions, announces four nominations in three categories in the With Intelligence Mutual Fund and ETF Awards, including recognition for the ETF Provider of the Year. Amplify ETFs and its funds are shortlisted in the following categories: ETF Provider of the Year: Amplify ETFs Alternative ETF of the Year: Amplify Blockchain Technology ETF (BLOK) 5-star-rated1 BLOK, the first actively managed blockchain ETF, has offered investors early access to a rapidly developing sector years before blockchain and digital assets gained mainstream traction.

The market seems to once again disregard the increasingly challenging economic and geopolitical backdrop. Despite rich valuations and higher risks, we are seeing a continued rise across the major Mag-7-based indices. However, the ETF inflows show no signs of stopping, and the argument of sitting on the sidelines due to stretched valuations sounds really like a broken record.