Amplify CWP Growth & Income ETF

QDVO

Market cap $277M

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.

Amplify CWP Growth and Income ETF offers a more tactical, flexible covered-call strategy compared to TappAlpha SPY Growth and Daily Income ETF. QDVO selects 20-40 large-cap stocks based on earnings and performance, selling options on individual holdings for enhanced total returns and income balance. TSPY provides higher, more consistent income by selling daily index calls, but its conservative approach limits upside compared to QDVO's nuanced strategy.

Amplify CWP Growth & Income ETF (QDVO) delivers both high income and strong growth, outperforming similar funds through its active management approach. QDVO generates an attractive yield, primarily from covered call premiums, with recent yields reaching 8.63% TTM and annualized figures over 12%. The fund's tactical options strategy allows flexibility to participate in market rallies.

These dividend exchange-traded funds give you high yields and upside potential. They could trounce the market over the next 10 years.

Covered call ETFs have evolved, offering both simple index-based and more exotic, ultra high-yield strategies. Yet, the key bottleneck has remained unanswered - the opportunity cost. This is where Amplify CWP Growth & Income ETF comes in, offering a balanced story.

The QDVO, SPYI, RSPA, and QQQI ETFs offer steady income and high annual yields. Investors should factor in the operating fees of these ETFs before considering buying them.

Amplify CWP Growth & Income ETF offers a compelling blend of growth and income, utilizing selective option writing and a fundamentally strong, concentrated portfolio for alpha generation. The ETF's yield of ~8.5% is attractive yet conservative, balancing income with capital growth and minimizing risk of NAV erosion over time. Active management in both stock selection and options strategy differentiates QDVO, allowing for tactical adjustments and real alpha potential beyond passive peers.

I rate Amplify CWP Growth & Income ETF a 'Hold' due to low implied volatility, limiting call-selling premium opportunities for income-focused investors. QDVO has outperformed QQQ and SPY since its August 2024 inception but has underperformed since the April 8 market low. The ETF is concentrated in large-cap growth, especially tech, with high income potential but notable liquidity and volatility risks.

$50,000 invested in diversified high-yield ETFs can be safer than picking individual stocks.