DIVO and SIXH are both covered call ETFs tracking the same benchmark, but with different approaches. DIVO offers a 6.49% yield, while SIXH provides a 1.77% yield. 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
7.09
Overall Score
6 Meridian Hedged Equity-Income ETF
6.21
Overall Score
| Criteria | DIVO | SIXH |
|---|---|---|
| Overall Score | 7.09 6.21 | |
| Total Return (25%) | 7.26 5.42 | |
| Downside Protection (25%) | 4.97 10.00 | |
| Upside Participation (25%) | 7.87 4.39 | |
| Consistency (15%) | 9.62 5.95 | |
| Expense Ratio (5%) | 5.62 2.75 | |
| Liquidity (5%) | 6.76 4.63 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | DIVO | SIXH |
|---|---|---|
| Expense Ratio | 0.560% | 0.780% |
| Inception Date | Dec 14, 2016 | Oct 8, 2020 |
| Issuer | Amplify | 6 Meridian |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 4/5 stars |
A dividend-growth portfolio that cut its worst drawdown to -18.5% (SPY -23.9%) while paying 6.5%, lower than most S&P 500 income peers.
Investor Profile:
DIVO is an actively managed fund sub-advised by Capital Wealth Planning. It holds a concentrated portfolio of large-cap companies with a record of dividend and earnings growth, 31 positions as of October 2026. Covered calls are written tactically on individual stocks, and the share of the portfolio covered is not disclosed. It pays monthly.
Cut the worst drawdown to -10.1% (SPY -23.9%), but pays only 1.8% and captured 44% of S&P 500 upside.
Investor Profile:
SIXH is an actively managed Exchange Traded Concepts fund that provides exposure to U.S. equities, 52 positions, and sells call options against SPY. Its largest positions are SPY (5.1%) and Altria (5.0%). The hedged label and a 20% down capture indicate a protective component, but the fund page does not describe it [to confirm with 6 Meridian]. It pays monthly.
Both funds are scored on total return, downside protection, upside participation, distribution consistency, cost and liquidity, against the same benchmark and the same window.
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