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DIVO

Amplify CWP Enhanced Dividend Income ETF

Industry

Asset Management - Income

Under normal circumstances, the fund invests at least 80% of its net assets in dividend-paying U.S. exchange-traded equity securities ("Equity Securities") and will opportunistically utilize an "option strategy" consisting of writing (selling) U.S. exchange-traded covered call options on such Equity Securities. The fund is non-diversified.

Open

40.66

Mkt cap

3.9B

Volume

343K

High

40.87

P/E Ratio

21.40

52-wk high

42.88

Low

40.45

Div yield

0.05

52-wk low

36.24

The article compares DIVO and QDPL, two ETFs offering high yields. DIVO has a track record of 4-7% yields with lower volatility since 2016. QDPL, developed by Pacer ETFs, offers 4X the S&P 500's yield using dividend futures, but with higher volatility. Long-term analysis suggests QDPL may perform similarly to DIVO.

Portfolio Pulse from

December 23, 2024 | 5:30 am

The article discusses the performance of three covered call ETFs: JEPI, SPYI, and XYLD, in 2024. SPYI has outperformed with a 16.5% total return and an 8.9% yield, benefiting from out-of-the-money call strategies and favorable tax treatment. JEPI and XYLD have lower returns and yields, with JEPI offering lower volatility but higher tax implications. The author has chosen SPYI as a core holding in their income-focused portfolio.

Portfolio Pulse from Austin Hankwitz

October 15, 2024 | 3:52 pm

Honeywell International Inc. (NASDAQ:HON) announced an increase in its annual cash dividend from $4.32 to $4.52 per share, marking the 15th increase in 14 years. The company is focusing on automation, aviation, and energy transition, with plans to deploy $25 billion towards dividends, acquisitions, and more by 2025. Honeywell shares have gained over 12% in the past year, and the stock is trading higher by 0.67% today. Investors can access Honeywell through ETFs like GCAD and DIVO. Honeywell is also developing an AI-enabled agent for mobile devices with Qualcomm Inc. (NASDAQ:QCOM).

Portfolio Pulse from Nabaparna Bhattacharya

September 27, 2024 | 5:31 pm

The article discusses how investors can use options to invest like Warren Buffett, focusing on income-based ETFs like JPMorgan Equity Premium Income ETF (JEPI) and Amplify CWP Enhanced Dividend Income ETF (DIVO). It also mentions top stock holdings in income-based ETFs and growth stocks like TSLA, NVDA, and PLTR.

Portfolio Pulse from Exceed Investments

June 26, 2023 | 6:21 pm

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