IDVO ETF Returns 38.69% Doubling EAFE's 21.15% Over Last Year

AI Summary

Amplify CWP International Enhanced Dividend Income ETF (IDVO) reported a return of 38.69% over the last year, significantly outperforming the iShares MSCI EAFE ETF (EFA), which returned 21.15%. The ETF incorporates high-quality international ADRs paired with covered call strategies that currently generate monthly distributions of approximately $0.21 per share. IDVO’s expense ratio is 0.65%, and it has amassed roughly $445 million in net assets. This performance suggests growing appeal among American investors traditionally underweight in international stocks due to its income-generating strategy coupled with potential capital appreciation.