Amplify CWP Enhanced Dividend Income ETF (DIVO) exceeds

CHICAGO, Feb. 07 2022 (GLOBE NEWSWIRE) — Amplify ETFs is pleased to announce that the Amplify CWP Enhanced Dividend Income ETF (NYSE:DIVO) has surpassed $1 billion in assets under management. DIVO is an actively managed ETF comprised of high-quality, large-cap companies with a track record of dividend growth using a tactically hedged buying strategy on individual stocks.

DIVO is strategically designed to deliver high levels of total return on a risk-adjusted basis. The fund is actively managed by ETF sub-advisor, Capital Wealth Planning, LLC (CWP).

“DIVO’s growth over the past 12 months illustrates its track record of high-quality revenue generation and resonates with advisors and investors looking to potentially increase revenue while managing portfolio risk,” said Christian Magoon, CEO of Amplify ETFs.

“We believe that our active approach and focus on high-quality dividend producers, coupled with tactical covered call writing, sets DIVO apart from its peer group,” said Kevin Simpson, CIO and Founder of Capital Wealth Planning.

DIVO’s current payout rate is 4.70% and the 30-day SEC yield is 1.30% (as of 01/31/22). Distributions from the Fund are made on a monthly basis. DIVO also has a 5-star Morningstar™ rating based on risk-adjusted performance among 65 funds in the Derivatives category (for the overall period and the 3-year period) and among 41 funds for the 5-year period (as of 12/ 31/21).

Click here for the DIVO prospectus. Please also visit the DIVO website for more information.

About Amplify ETFs
Amplify ETFs, sponsored by Amplify Investments, has over $4.4 billion in assets in its ETF lineup (as of 12/31/2021). Amplify believes the ETF structure empowers investors through efficiency, transparency and flexibility. Amplify ETFs offer expanded investment opportunities for investors looking for growth, income and risk management strategies.

About Capital Wealth Planning
CWP is an SEC-registered investment advisory firm based in Naples, Florida. Building and managing proprietary income-focused portfolios since 2005, the firm has over $4 billion in assets under management (as of 12/31/2021). The company’s methodologies are designed to improve risk-adjusted returns and provide portfolio protection while generating monthly cash flow. CWP has been ranked by Financial Advisor magazine in 2018, 2019 and 2021 as one of the 50 fastest growing AIRs in the country. Learn more at

Commercial contact:
Amplify ETFs
[email protected]
Media Contact:
Gregory FCA for Amplify ETF
Kerry Davis
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DIVO performance
End of the quarter on 31/12/2021
Cumulative (%) Annualized (%)
1 MB. 3 MB. 6 MB. YTD Since the creation 1 year. 3 years 5 years Since the creation
Net asset value of the fund 5.62% 10.79% 9.16% 22.78% 101.71% 22.78% 19.72% 15.22% 14.91%
The last price 5.77% 10:70 am% 9.16% 22.93% 101.91% 22.93% 19.96% 3:20 p.m.% 14.93%
S&P 500 TR Index 4.48% 11.03% 11.67% 28.71% 130.22% 28.71% 26.07% 6:47 p.m.% 17.96%
Cboe S&P BuyWrite Index 3.77% 6.98% 8.43% 20.47% 44.90% 20.47% 10.66% 7.84% 7.62%

Fund creation date: 14/12/2016

Performance data quoted represents past performance. Past performance does not guarantee future results. Investment returns and the principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the indicated performance. Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be based solely on returns. For up-to-date performance data as of the end of the most recent month, please visit DIVO website or call 855-267-3837. Brokerage commissions will reduce returns. The Fund’s gross expense ratio is 0.55%. The distributions included a return of capital. Please Click here for more information.

The Fund’s investment objective and strategy differ significantly from market indices, which are included for comparison purposes only.

The Standard & Poor’s (S&P) 500 Total Return Index is an unmanaged market capitalization-weighted index of the 500 largest publicly traded US companies by market value and assumes that distributions are reinvested in the index. The Cboe BuyWrite Index (BXM) is a benchmark designed to track the performance of a hypothetical buy-write strategy on the S&P 500 Index. A “buy-sell” strategy is generally one in which an investor buys a stock (or basket of stocks) and also sells covered calls that match those holdings.

DIVO differs significantly from the S&P 500 and BXM indices, which are used for comparison purposes as a widely recognized measure of US stock market performance. Although DIVO’s returns have shown a positive (but variable) correlation with indices over time, DIVO may invest in different stocks and in different proportions than the S&P 500 and BXM indices. It is not possible to invest directly in an index.

A covered call refers to a financial transaction in which the investor selling call options holds an equivalent amount of the underlying security.

Carefully consider the investment objectives, risk factors, charges and expenses of the Funds before investing. This and other information can be found in the Funds’ statutory prospectus and summary, which can be obtained by calling 855-267-3837 or visiting Read the prospectus carefully before investing.

Investing involves risk, including possible loss of principal. Shares of any ETF are bought and sold at market price (not net asset value), may trade at a discount or premium to net asset value, and are not individually redeemed by the Fund. Covered call risk is the risk that the Fund foregoes, during the life of the option, the possibility of profiting from increases in the market value of the security covering the call option beyond the sum of the call option’s premium and strike price, but retained the risk of loss should the price of the underlying security decline. For additional risk disclosure, please visit the DIVO website here.

© 2021 Morningstar, Inc. All rights reserved. The information contained herein: (1) is the property of Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) are not guaranteed to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is not indicative of future results.

The Morningstar Rating™ for Funds, or “Star Rating,” is calculated for managed products (including mutual funds, variable annuity and variable life insurance sub-accounts, ETFs, capital and separate accounts) with a history of at least three years. ETFs and open-ended mutual funds are considered as one population for comparison purposes. It is calculated using a Morningstar risk-adjusted return measure that takes into account the variation in monthly excess performance of a managed product, with greater emphasis on downside variations and rewarding a consistent performance. The Morningstar Rating does not include any adjustment for selling expenses. The Amplify CWP Enhanced Dividend Income ETF (DIVO) received 5 stars out of 65 funds in the Derivatives category for the global and three-year periods, and out of 41 funds for the 5-year period (as of 12/31/2021 ).

Payout rate is the annual return an investor would receive if the most recent distribution remained the same in the future. The return represents a single distribution of the fund and does not represent the total return of the fund. The distribution yield is calculated by annualizing the most recent distribution – from both dividend and option income – and dividing it by the most recent net asset value. The distributions included a return of capital. Click here for more information.

30 Day SEC Yield is a standard return calculation developed by the Securities and Exchange Commission that allows for fairer comparisons between bond funds. It is based on the most recent month-end. This figure reflects dividend income – excluding income from options – during the period after deducting the Fund’s expenses for the period.

Amplify Investments LLC is the investment advisor to the Fund, and Capital Wealth Planning and Penserra Capital Management are the investment sub-advisors.

Amplify ETFs are distributed by Foreside Fund Services, LLC.

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