IDVO Amplify International Enhanced Dividend Income ETF
IDVO Fund Description
IDVO is an actively managed ETF that provides current income and capital appreciation by selecting dividend-paying ADRs of stocks from the MSCI ACWI ex USA Index, overlaid with a tactical call writing strategy.
IDVO Factset Analytics Insight
IDVO aims to provide international equity exposure in a domestic wrapper through an active management. It targets dividend-paying American depositary receipts (ADRs) of high-quality global companies while strategically writing covered calls on those stocks. This ensures income and cash flows from both dividend payments and option premiums which is the primary objective of the fund. While IDVO strives for a country- and sector-diversified portfolio, it focuses on the large-cap constituents of the MSCI ACWI ex USA Index. Approximately 30-50 potential outperforming dividend-paying stocks are selected and given a weighting of no more than 8%. IDVO’s option strategy involves writing short-term US exchange-traded covered call option contracts on some, or all, of its individual securities. Additionally, the fund aims to generate 3-4% of gross income from dividends alone, and 2-4% from call option contract premiums.
IDVO Portfolio Data
IDVO Index Data
IDVO Portfolio Management
IDVO Tax Exposures
IDVO Fund Structure
IDVO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IDVO. IDVO is rated a 4 out of 5.
IDVO Sector/Industry Breakdown
IDVO Top 10 Holdings[View All]
IDVO Economic Development
IDVO Performance Statistics
IDVO Benchmark Comparison Summary
IDVO Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.