DIVO and PBP are both covered call ETFs tracking the same benchmark, but with different approaches. DIVO offers ~4.5% yield with a focus on investor prioritizing quality and predictability over yield maximization, while PBP provides ~7% yield targeting conservative investor valuing historical track record above all. 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
Amplify CWP Enhanced Dividend Income ETF
6.4
Overall Score
Invesco S&P 500 BuyWrite ETF
5.4
Overall Score
| Criteria | DIVO | PBP |
|---|---|---|
| Overall Score | 6.4 5.4 | |
| Total Return (25%) | 7.1 2.3 | |
| Downside Protection (25%) | 5.3 8.9 | |
| Upside Participation (25%) | 7.7 5.2 | |
| Consistency (15%) | 4.8 4.9 | |
| Expense Ratio (5%) | 5.6 6.4 | |
| Liquidity (5%) | 6.8 5.4 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | DIVO | PBP |
|---|---|---|
| Expense Ratio | 0.550% | 0.490% |
| Inception Date | Dec 14, 2016 | Dec 20, 2007 |
| Issuer | Amplify | Invesco |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 5/5 stars |
The most mature and defensible in our ranking — DIVO proves portfolio quality matters more than option mechanics
Investor Profile:
Investor prioritizing quality and predictability over yield maximization
The grandfather of covered call ETFs — its 2008 data is invaluable for stress testing
Investor Profile:
Conservative investor valuing historical track record above all