The Amplify CWP International Enhanced Dividend Income ETF delivered higher total returns than Vanguard’s international ETF despite a 6.08% yield.
The Amplify CWP International Enhanced Dividend Income ETF (IDVO) achieved a 21.54% annualized total return from September 8, 2022, to June 8, 2026. This outperformed the Vanguard Total International Stock ETF (VXUS) over the same period, despite IDVO’s 6.08% yield.
IDVO employs a covered call strategy on individual stocks rather than index options, preserving more upside potential. The fund’s approach balances income and growth, avoiding the common pitfalls of covered call ETFs, such as capped upside and tax inefficiencies.
Covered call ETFs typically underperform long-only funds due to frequent distributions and higher fees. However, IDVO’s strategy demonstrates that selective implementation can mitigate these drawbacks while maintaining competitive returns.