Amplify CWP Growth & Income ETF
QDVO
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
- Aug 22, 2024
- Website
- amplifyetfs.com
- Similar Companies
- Business
- Amplify CWP Growth & Income ETF (QDVO) is an actively managed exchange-traded fund that seeks capital appreciation primarily through a portfolio of large-cap growth equities and secondarily high current income via tactical covered call options writing; it invests at least 80% of its net assets in U.S. exchange-traded growth-oriented equity securities and opportunistically sells U.S. exchange-traded call option contracts on individual stocks or broad market indexes. The fund holds 20-40 stocks selected based on strong earnings growth, cash flow characteristics, relative performance, and management track records, with relatively balanced sector allocations across information technology, communication services, consumer discretionary, financials, and others as determined by sub-adviser Capital Wealth Planning, LLC (CWP). It provides monthly distributions derived from option premiums and dividends, targeting investors seeking high total returns on a risk-adjusted basis with lower volatility potential compared to broad market benchmarks like the S&P 500 Growth Index. Launched on August 22, 2024, QDVO trades on the NYSE Arca exchange under ticker QDVO with CUSIP 032108524 and a total expense ratio of 0.55%; Amplify Investments LLC serves as the investment adviser, with CWP and Penserra Capital Management LLC acting as sub-advisers led by portfolio managers Kevin Simpson and Josh Smith. The fund, domiciled in the United States, focuses on large-cap U.S. equities in the derivative income category, appealing to growth-oriented investors desiring enhanced income without fully sacrificing upside potential. Recent developments include sustained asset growth to over $320 million in total net assets as of late 2025, with new institutional investments such as Bank of Montreal Can's $932,000 stake acquisition in Q2 2025 representing 0.82% ownership; monthly distribution amounts have progressively increased from $0.19337 in January 2025 to $0.29060 in September 2025, reflecting strong income generation. QDVO complements Amplify's existing CWP-partnered income suite, including the Amplify CWP Enhanced Dividend Income ETF (DIVO) and Amplify CWP International Enhanced Dividend Income ETF (IDVO), as part of Amplify ETFs' strategic expansion in tactical covered call strategies following its 2023 acquisition of ETF Managers Group's ETF lineup.