ETV and IDVO are both covered call ETFs tracking the same benchmark, but with different approaches. ETV offers ~8% yield with a focus on income investor comfortable with cef structure seeking long track record, 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
Eaton Vance Tax-Managed Buy-Write Opportunities
5.5
Overall Score
Amplify CWP International Enhanced Dividend Income ETF
8.1
Overall Score
| Criteria | ETV | IDVO |
|---|---|---|
| Overall Score | 5.5 8.1 | |
| Total Return (25%) | 5.8 10.0 | |
| Downside Protection (25%) | 3.5 7.4 | |
| Upside Participation (25%) | 8.2 9.6 | |
| Consistency (15%) | 5.0 5.1 | |
| Expense Ratio (5%) | 1.4 4.4 | |
| Liquidity (5%) | 5.0 6.4 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | ETV | IDVO |
|---|---|---|
| Expense Ratio | 0.890% | 0.650% |
| Inception Date | Sep 30, 2005 | Jan 1, 2022 |
| Issuer | Eaton Vance | Amplify |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 3/5 stars |
Historical value for stress-testing — but newer ETF alternatives offer better structure and lower fees
Investor Profile:
Income investor comfortable with CEF structure seeking long track record
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