A head-to-head comparison of Amplify International Enhanced Dividend Income ETF and Amplify CWP Dividend & Option Income ETF covering yield, cost, risk, and income potential.
Data updated August 5, 2026
Best for
IDVOInvestors who want broad equity exposure.
QDVOInvestors who want to maximize current income — roughly 10.64%, generated by selling options premium.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Amplify ETFs is known for offering specialized, thematic investment solutions across diverse market segments including digital assets, commodities, and dividend strategies. The issuer's lineup spans multiple fund families covering income-focused strategies, covered call approaches, commodity exposure, and thematic sectors such as cybersecurity, blockchain, gaming, and sustainable investing. Notable for tickers like BLOK (blockchain), HACK (cybersecurity), and DIVO (dividend), Amplify combines traditional income strategies with alternative themes and emerging asset classes, appealing to investors seeking both yield and exposure to innovation-driven sectors.
See our curated list of related YouTube videos on IDVO and QDVO.
Amplify International Enhanced Dividend Income ETF
Amplify CWP Dividend & Option Income ETF
Issuer
Amplify ETFs
Amplify ETFs
Last Close
$42.84 as of August 5, 2026
$29.89 as of August 5, 2026
Distribution yield
5.90%
10.64%
Distribution Safety Score™
90
79
Expense ratio
0.66%
0.56%
AUM
$1.35B
$724M
Distribution frequency
Monthly
Monthly
Underlying index
a basket of Amplify Interest Rate Hedged Dividend Income ETF holdings
U.S. large-cap value / dividend equities with a covered call overlay
Objective
Seeks to provide income from international dividend-paying stocks through ADRs and by opportunistically writing covered calls on those securities. Invests in high-quality international large and mid-cap companies with a history of dividend and earnings growth.
Seeks to provide high monthly income with the potential for capital appreciation by investing in quality U.S. dividend-paying equities and writing covered call options on those holdings.
Asset class
Equity
Equity
Inception date
09/08/2022
08/21/2024
Beta
0.57
0.9338
Last dividend
$0.2106
$0.2650
Ex-dividend date
07/30/2026
07/30/2026
Bottom lineChoose IDVO if you want broad equity exposure. Choose QDVO if you want to maximize current income — roughly 10.64%, generated by selling options premium.
Most used
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
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Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
IDVO has outpaced QDVO over the trailing twelve months, posting a 33.81% total return against 17.70%. Measured from Aug 2024 — when the younger fund began trading — IDVO has compounded at 25.92% a year versus 21.97% for QDVO. Figures are total returns: price change plus every distribution reinvested.
Total return with all distributions reinvested on the ex-dividend date, split-adjusted, as of August 5, 2026. YTD and 1Y are cumulative; longer windows are annualized. “Since Aug 2024” measures every fund from August 22, 2024 — the youngest fund's first trading day — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the past year. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the past year) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Quick verdict
IDVO (Amplify International Enhanced Dividend Income ETF) and QDVO (Amplify CWP Dividend & Option Income ETF) are both monthly-pay dividend ETFs, but they take different approaches.
QDVO offers the higher yield at 10.64% vs 5.90% for IDVO. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
QDVO is cheaper with an expense ratio of 0.56% compared to 0.66%.
They track different benchmarks: IDVO is linked to a basket of Amplify Interest Rate Hedged Dividend Income ETF holdings while QDVO tracks U.S. large-cap value / dividend equities with a covered call overlay, which means their performance drivers differ.
IDVO is the larger fund by assets ($1.35B), which generally means tighter spreads and better liquidity.
Who should choose each?
Choose IDVO
Amplify International Enhanced Dividend Income ETF
Want broad equity exposure.
Prefer lower volatility — a beta of 0.6 vs 0.9 for QDVO.
Choose QDVO
Amplify CWP Dividend & Option Income ETF
Want to maximize current income — QDVO distributes roughly 10.64% from selling options premium, vs 5.90% for IDVO.
Are comfortable with an options-income strategy — a large payout in exchange for capped upside.
Want to keep costs low — a 0.56% expense ratio vs 0.66% for IDVO.
Not sure? Use the income calculator and snapshot above to weigh these trade-offs against your own goals.
Still deciding? Track IDVO & QDVO for free
Create a free Dividend Vision account to keep them on a watchlist, get notified when they declare dividends, and see how much income they would add to your portfolio.
On a $10,000 investment, IDVO would generate roughly $49.17/month, while QDVO would produce $88.67/month, at current distribution rates. Both pay monthly distributions.
IDVO yield5.90%
QDVO yield10.64%
Monthly diff on $10K$39.50
Cost & efficiency
Over 10 years on $10,000, IDVO would cost approximately $660 in fees vs $560 for QDVO (simplified, not compounded). The $100.00 difference may be offset by yield or performance.
IDVO ER0.66%
QDVO ER0.56%
Strategy & risk
IDVO holds a basket of Amplify Interest Rate Hedged Dividend Income ETF holdings with an international approach, while QDVO tracks U.S. large-cap value / dividend equities with a covered call overlay with an active approach. Beta is 0.57 for IDVO and 0.9338 for QDVO, indicating IDVO is less volatile relative to the market.
IDVO beta0.57
QDVO beta0.9338
Fund details
IDVO is managed by Amplify ETFs (launched 09/08/2022) with $1.35B in assets. QDVO is managed by Amplify ETFs (launched 08/21/2024) with $724M in assets.
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Frequently asked questions
What is the current distribution yield for IDVO and QDVO?
IDVO currently distributes 5.90% and QDVO 10.64%, based on fund data updated August 2026. Distribution yield moves with both the payout and the share price, so check the as-of date before relying on either figure.
Is IDVO or QDVO better for dividend income?
It depends on your goals. QDVO currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between IDVO and QDVO?
IDVO (Amplify International Enhanced Dividend Income ETF) holds a basket of Amplify Interest Rate Hedged Dividend Income ETF holdings with an international approach, while QDVO (Amplify CWP Dividend & Option Income ETF) tracks U.S. large-cap value / dividend equities with a covered call overlay with an active approach. They are issued by Amplify ETFs and Amplify ETFs respectively.
Can I hold both IDVO and QDVO?
Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.
Which has lower fees, IDVO or QDVO?
IDVO has an expense ratio of 0.66% while QDVO charges 0.56%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in IDVO vs QDVO generate?
At current rates, $10,000 in IDVO would generate roughly $49.17 per month ($590.00 annually). The same in QDVO would produce about $88.67 per month ($1,064.00 annually).
Which has performed better historically, IDVO or QDVO?
IDVO has outpaced QDVO over the trailing twelve months, posting a 33.81% total return against 17.70%. Measured from Aug 2024 — when the younger fund began trading — IDVO has compounded at 25.92% a year versus 21.97% for QDVO. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.
Explore related screeners
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