Amplify CWP Enhanced Dividend Income ETF
DIVO
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 3333 Warrenville Road Lisle IL United States of America 60532
- IPO Date
- Dec 15, 2016
- CIK
- 0001633061
- Website
- amplifyetfs.com
- Similar Companies
- Business
- Amplify CWP Enhanced Dividend Income ETF (DIVO) is an actively managed exchange-traded fund that seeks current income through a portfolio of high-quality, dividend-paying large-cap U.S. equity securities from the S&P 500, supplemented by a tactical covered call option writing strategy; the fund holds approximately 20-25 stocks selected for attributes including market capitalization, management track record, earnings growth, cash flows, and return on equity, with sector allocations actively managed to remain balanced across the 10 S&P sectors and no single sector exceeding 25% exposure. Core offerings include dividend income targeting 2-3% annually from equity holdings such as those in financials and information technology, plus 2-4% from premiums on short-term U.S. exchange-traded covered call options sold opportunistically on select positions when stocks show strength or elevated implied volatility, while preserving potential for capital appreciation; the fund distributes income monthly and maintains a total expense ratio of 0.56%, with shares trading on NYSE Arca. Launched on December 14, 2016, DIVO is issued by Amplify Investments LLC, based in Lisle, Illinois, with sub-advisory from Capital Wealth Planning, LLC (CWP) for strategy and Penserra Capital Management LLC for execution. In recent developments, DIVO surpassed $5 billion in assets under management as of August 31, 2025, amid Amplify ETFs' overall growth to over $14 billion AUM driven by income strategies; the fund earned a five-star Morningstar rating for risk-adjusted returns among 77 derivative income peers as of September 30, 2025, and continued portfolio adjustments including additions like Merck (MRK) in June 2025 to bolster health care exposure and tactical call writing on holdings such as Apple (AAPL) and Agnico Eagle Mines (AEM) in August 2025. The ETF targets income-focused investors seeking risk-adjusted total returns from U.S. large-cap equities and options overlays, with no significant partnerships, acquisitions, or structural changes reported in the past 1-2 years beyond ongoing active management and related product expansions like the international variant IDVO.