Quick Read – IDVO’s covered-call strategy faces pressure if volatile holdings like Taiwan Semiconductor cool off or get called away. – Watch Taiwan Semiconductor’s monthly revenue growth; a drop below 10% year-over-year would signal fading AI capex demand. – The analyst who…
lled NVIDIA in 2010 just named his top 10 stocks and Amplify CWP International Enhanced Dividend Income ETF wasn’t one of them. Get them here FREE
The Amplify CWP International Enhanced Dividend Income ETF (NYSEARCA:IDVO) has quietly become one of the more interesting income vehicles in the international space, with the ETF returning 35% over the past year and almost 12% year-to-date. IDVO pairs ex-US dividend equities with covered calls to generate monthly income, and the fund has ridden a sharp run in semiconductor and materials names that dominate its top holdings. With IDVO trading near $42 after a 2% pullback over the past week, the question for the next 12 months is whether the income engine can keep up if the underlying winners cool off.
The fund’s current position IDVO holds roughly $445 million in net assets and carries an expense ratio of 0.65%, per the Amplify fact sheet dated May 4, 2026. The sub-advisor Capital Wealth Planning runs the fund actively, selecting international dividend payers and overlaying calls on individual names. The recent return profile has been driven less by dividends and more by capital appreciation in concentrated tech and materials positions: Taiwan Semiconductor (NYSE:TSM) is up 106% over one year, ASML Holding (NASDAQ:ASML) is up 98%, and Southern Copper (NYSE:SCCO) is up 101%.