DIVO and PUTW 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 PUTW provides ~8% yield targeting sophisticated investor seeking income via put writing strategy. 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
WisdomTree PutWrite Strategy Fund
5.5
Overall Score
| Criteria | DIVO | PUTW |
|---|---|---|
| Overall Score | 6.4 5.5 | |
| Total Return (25%) | 7.1 3.7 | |
| Downside Protection (25%) | 5.3 6.9 | |
| Upside Participation (25%) | 7.7 6.0 | |
| Consistency (15%) | 4.8 5.0 | |
| Expense Ratio (5%) | 5.6 7.0 | |
| Liquidity (5%) | 6.8 5.9 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | DIVO | PUTW |
|---|---|---|
| Expense Ratio | 0.550% | 0.440% |
| Inception Date | Dec 14, 2016 | Feb 24, 2016 |
| Issuer | Amplify | WisdomTree |
| 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
Interesting alternative to traditional covered calls — similar economics, different mechanics
Investor Profile:
Sophisticated investor seeking income via put writing strategy