BALI and IDVO are both covered call ETFs tracking the same benchmark, but with different approaches. BALI offers ~8% yield with a focus on cost-conscious investor seeking passive s&p 500 covered call exposure, while IDVO provides ~6.5% yield targeting income investors seeking international diversification with covered call overlay. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
iShares S&P 500 BuyWrite ETF
6.3
Overall Score
Amplify CWP International Enhanced Dividend Income ETF
8.1
Overall Score
| Criteria | BALI | IDVO |
|---|---|---|
| Overall Score | 6.3 8.1 | |
| Total Return (25%) | 8.6 10.0 | |
| Downside Protection (25%) | 1.6 7.4 | |
| Upside Participation (25%) | 8.9 9.6 | |
| Consistency (15%) | 5.2 5.1 | |
| Expense Ratio (5%) | 9.4 4.4 | |
| Liquidity (5%) | 4.9 6.4 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | BALI | IDVO |
|---|---|---|
| Expense Ratio | 0.250% | 0.650% |
| Inception Date | Oct 18, 2022 | Jan 1, 2022 |
| Issuer | BlackRock | Amplify |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 3/5 stars | 3/5 stars |
The cheapest S&P 500 covered call ETF — but 2-star maturity and very low downside protection are concerns
Investor Profile:
Cost-conscious investor seeking passive S&P 500 covered call exposure
Unique international exposure in a covered call wrapper. Best used as a diversifier alongside US-focused funds.
Investor Profile:
Income investors seeking international diversification with covered call overlay