DIVO
Amplify CWP Enhanced Dividend Income ETF
Price Chart
Amplify CWP Enhanced Dividend Income ETF (DIVO) is an exchange-traded fund that provides investors with exposure to dividend-paying equities. It carries an expense ratio of 0.55%. The fund offers a dividend yield of approximately 4.65%. The portfolio holds 25 securities.
Category
Dividend ETFs
Dividend Yield
4.65%
Expense Ratio
0.55%
Holdings
25
Dividend History
Top Holdings
Key Features
- •Selective covered call
- •Holds dividend growth stocks
- •Actively managed
- •Monthly dividend payments
Advantages
- •Dividend growth + option premium
- •Lower option allocation than JEPI
- •Blue-chip focused portfolio
- •High bull market participation
Risks
- •High expense ratio
- •Concentrated in few holdings
- •Manager risk
- •Lower distribution rate than JEPI
Rebalancing Strategy
Core of income portfolio; can be combined with JEPI
DIVO Investment Analysis
DIVO (Amplify CWP Enhanced Dividend Income ETF) is a Dividend ETFs ETF comprising 25 holdings. It has an expense ratio of 0.55% and a dividend yield of 4.65%. The expense ratio is relatively high, so consider costs relative to returns.
With a 4.65% dividend yield, it is ideal for income investing. Reinvesting dividends can maximize the compounding effect.
DIVO can play an important role in your portfolio. Due to its concentrated nature, consider combining it with other ETFs for diversification.
US ETF Investment Notes
A 15% withholding tax applies to US ETF dividends. If annual overseas stock capital gains exceed KRW 2.5 million, a 22% capital gains tax is imposed.
Exchange rate fluctuations affect returns. When the Korean won strengthens, dollar-denominated gains may decrease — consider whether to hedge currency risk.
Brokerage fees for overseas ETF trades vary. If you trade frequently, compare fees across brokerages before choosing one.