SPHD and DIVO provide monthly income with less risk
The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) and the Amplify CWP Enhanced Dividend Income ETF (DIVO) deliver monthly income with lower distribution risk.
SPHD targets 50 S&P 500 stocks combining high yield and low volatility, delivering a 4.5% yield.
DIVO selectively writes covered calls on 34 quality dividend stocks, delivering a 6% yield while retaining more upside than full-index covered-call funds.