Amplify’s Enhanced Dividend ETF Delivers 4.79% Yield and 14% Annual Return
Amplify CWP Enhanced Dividend Income ETF (DIVO) delivered a 14% share price increase and a 4.79% distribution yield over the past 12 months. The 34-stock fund uses an active covered-call strategy to target 4–7% annual yield while historically generating lower drawdowns than the S&P 500.
1. Performance and Yield
Over the past 12 months, DIVO’s share price rose 14% while distributions yielded 4.79%, placing it among the better performing dividend ETFs for total return.
2. Strategy Overview
The 34-stock portfolio combines high-quality dividend payers such as Goldman Sachs, Caterpillar, Raytheon Technologies and Visa with an active covered-call overlay, generating extra premium income.
3. Risk Mitigation and Drawdowns
By targeting a 4–7% annual distribution, DIVO has historically exhibited lower peak-to-trough drawdowns than the S&P 500, appealing to investors seeking income plus downside protection.