Advertisement
DIVO vs IDVO
Which ETF would AI Choose? Amplify CWP Enhanced Dividend Income ETF (DIVO) vs. Amplify International Enhanced Dividend Income ETF (IDVO)
Key Takeaways
- DIVO focuses on U.S. large-cap dividend payers with a covered call overlay, while IDVO targets international American Depositary Receipts (ADRs) from developed and emerging markets using a similar active income strategy.
- Both ETFs employ active management and tactical covered call writing to generate income from dividends and option premiums, but DIVO maintains a narrower portfolio of approximately 25-30 holdings compared to IDVO’s broader 45-50 holdings.
- Expense ratios differ modestly, with DIVO at 0.56% and IDVO at 0.65%, reflecting the added complexity of international exposure and currency considerations in the latter.
- Sector allocations in both funds emphasize financial services, information technology, and industrials, though IDVO incorporates greater materials and energy exposure tied to global commodity cycles.
- DIVO offers concentrated U.S. equity income with lower structural volatility from domestic market dynamics, whereas IDVO provides geographic diversification that may dampen or amplify returns depending on international economic cycles.
- Both funds pursue monthly distributions through a combination of equity dividends and option premiums, positioning them as income-oriented alternatives within the broader equity ETF landscape.
Introduction
Investors seeking enhanced dividend income through covered call strategies often evaluate U.S.-centric and international options side by side. The Amplify CWP Enhanced Dividend Income ETF (DIVO) and the Amplify International Enhanced Dividend Income ETF (IDVO) share a common active management approach and issuer but differ fundamentally in geographic scope. These ETFs do not compete directly; instead, they serve as complementary or alternative vehicles for investors balancing domestic stability against global diversification within an income-focused framework.
Amplify CWP Enhanced Dividend Income ETF (DIVO) Overview
The Amplify CWP Enhanced Dividend Income ETF (DIVO) is an actively managed ETF that invests at least 80% of assets in dividend-paying U.S. large-cap equities, typically holding 25-30 securities selected for earnings growth, free cash flow, and dividend sustainability. Top holdings commonly include Microsoft Corporation, Visa Inc., Apple Inc., Amgen Inc., and Caterpillar Inc. Sector allocations tilt toward financial services, information technology, and industrials. The fund applies a tactical covered call strategy on selected holdings to generate additional premium income. Its expense ratio stands at 0.56%. The non-diversified structure allows concentrated positions, with individual holdings generally capped below 8%.
Amplify International Enhanced Dividend Income ETF (IDVO) Overview
The Amplify International Enhanced Dividend Income ETF (IDVO) is an actively managed ETF that invests primarily in dividend-paying American Depositary Receipts (ADRs) of large-cap companies from the MSCI ACWI ex USA Index. The portfolio typically contains 45-50 holdings drawn from developed and emerging markets, with top positions often featuring Taiwan Semiconductor Manufacturing Company, Mitsubishi UFJ Financial Group, Bank of Montreal, and Sumitomo Mitsui Financial Group. Sector weights emphasize financial services, information technology, materials, and energy. Like its domestic counterpart, IDVO employs tactical covered call writing. The expense ratio is 0.65%, and the fund maintains a non-diversified profile with position limits around 8%.
Industry and Thematic Backdrop
Both ETFs operate within the derivative income category, where active covered call strategies seek to enhance yields amid varying equity market conditions. Global equity income strategies face influences from interest rate trajectories, corporate earnings growth in technology and financial sectors, and commodity price trends affecting materials and energy allocations. International exposure in IDVO introduces additional considerations around currency fluctuations, geopolitical developments, and divergent monetary policies across regions. Regulatory stability for options usage and tax treatment of distributions remain consistent factors supporting the structural appeal of these income-oriented vehicles.
Performance and Positioning Comparison
In recent market cycles, DIVO has benefited from strong U.S. large-cap earnings momentum, particularly in technology and financial holdings, supporting consistent option premium collection and dividend distributions. IDVO has drawn relative strength from international dividend growth in select Asian and European names, though currency movements and regional economic divergences have introduced additional volatility compared with the more domestically anchored DIVO. Over broader periods, the U.S.-focused fund has exhibited lower tracking error to domestic benchmarks, while the international counterpart has provided exposure to non-U.S. sector rotations and commodity cycles that can offset or amplify U.S. equity trends.
AI Screener
Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener helps identify trade ideas, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. Investors seeking data-driven ETF comparisons can leverage this platform to refine their research process.
Tickeron AI Verdict
Based on structural characteristics, DIVO currently presents a modestly favorable profile for Tickeron’s AI analysis due to its lower expense ratio, more concentrated high-quality U.S. holdings, and established track record of income generation within a familiar domestic market environment. IDVO offers meaningful geographic diversification that may appeal in scenarios favoring international earnings growth or commodity exposure, though the higher cost and additional currency considerations introduce incremental complexity. The choice ultimately hinges on an investor’s preference for U.S. market stability versus broader global diversification.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is DIVO is a Hold and IDVO is a Hold.
DIVO in upward trend: 10-day moving average crossed above 50-day moving average on October 21, 2026
The 10-day moving average for DIVO crossed bullishly above the 50-day moving average on October 21, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 12 of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 06, 2026. You may want to consider a long position or call options on DIVO as a result. In 68 of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 83%.
The Moving Average Convergence Divergence (MACD) for DIVO just turned positive on October 07, 2026. Looking at past instances where DIVO's MACD turned positive, the stock continued to rise in 42 of 52 cases over the following month. The odds of a continued upward trend are 81%.
Following a +0.84% 3-day Advance, the price is estimated to grow further. Considering data from situations where DIVO advanced for three days, in 281 of 341 cases, the price rose further within the following month. The odds of a continued upward trend are 82%.
Bearish Trend Analysis
The 10-day RSI Indicator for DIVO moved out of overbought territory on October 22, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 49 similar instances where the indicator moved out of overbought territory. In 38 of the 49 cases, the stock moved lower in the following days. This puts the odds of a move lower at 78%.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 46 of 67 cases where DIVO's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 69%.
DIVO moved below its 50-day moving average on October 23, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DIVO declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 69%.
DIVO broke above its upper Bollinger Band on October 12, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for DIVO entered a downward trend on October 12, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
IDVO's RSI Oscillator ascends from oversold territory
The RSI Oscillator for IDVO moved out of oversold territory on October 02, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 9 similar instances when the indicator left oversold territory. In 9 of the 9 cases the stock moved higher. This puts the odds of a move higher at 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 39 of 49 cases where IDVO's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 80%.
Following a +0.95% 3-day Advance, the price is estimated to grow further. Considering data from situations where IDVO advanced for three days, in 255 of 300 cases, the price rose further within the following month. The odds of a continued upward trend are 85%.
IDVO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
IDVO moved below its 50-day moving average on September 23, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for IDVO crossed bearishly below the 50-day moving average on September 25, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 86%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where IDVO declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 66%.
The Aroon Indicator for IDVO entered a downward trend on October 23, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
| DIVO | IDVO | |
|---|---|---|
| RSI ODDS (%) | 3 days ago 78% | 24 days ago 90% |
| Stochastic ODDS (%) | 3 days ago 69% | 3 days ago 80% |
| Momentum ODDS (%) | 3 days ago 83% | N/A |
| MACD ODDS (%) | 3 days ago 81% | N/A |
| TrendWeek ODDS (%) | 3 days ago 66% | 3 days ago 71% |
| TrendMonth ODDS (%) | 3 days ago 80% | 3 days ago 65% |
| Advances ODDS (%) | 5 days ago 82% | 5 days ago 85% |
| Declines ODDS (%) | 3 days ago 69% | 18 days ago 66% |
| BollingerBands ODDS (%) | 3 days ago 75% | 3 days ago 90% |
| Aroon ODDS (%) | 3 days ago 73% | 3 days ago 66% |
Advertisement
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| JRI | 10.75 | 0.07 | +0.66% |
| NUVEEN REAL ASSET Income AND GROWTH FUND | |||
| PMMR | 27.53 | N/A | N/A |
| PGIM S&P 500 Max Buffer ETF March (PMMR) | |||
| FCBD | 24.83 | -0.01 | -0.06% |
| Frontier Asset Core Bond ETF | |||
| PRFZ | 52.79 | -0.15 | -0.28% |
| Invesco RAFI US 1500 Small-Mid ETF (PRFZ) | |||
| QQXT | 99.27 | -0.88 | -0.88% |
| First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT) | |||
IDVO and
Correlation & Price change
A.I.dvisor indicates that over the last year, IDVO has been closely correlated with MT. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if IDVO jumps, then MT could also see price increases.
| Ticker / NAME | Correlation To IDVO | 1D Price Change % | ||
|---|---|---|---|---|
| IDVO | 100% | +0.02% | ||
| MT - IDVO | 76% Closely correlated | -1.25% | ||
| BCS - IDVO | 74% Closely correlated | -1.23% | ||
| RIO - IDVO | 73% Closely correlated | -0.86% | ||
| BHP - IDVO | 72% Closely correlated | +0.35% | ||
| SAN - IDVO | 71% Closely correlated | -0.47% | ||
More | ||||