FTHI and IDVO are both covered call ETFs tracking the same benchmark, but with different approaches. FTHI offers ~8% yield with a focus on investor seeking actively managed covered call strategy, 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
First Trust BuyWrite Income ETF
5.1
Overall Score
Amplify CWP International Enhanced Dividend Income ETF
8.1
Overall Score
| Criteria | FTHI | IDVO |
|---|---|---|
| Overall Score | 5.1 8.1 | |
| Total Return (25%) | 3.9 10.0 | |
| Downside Protection (25%) | 5.9 7.4 | |
| Upside Participation (25%) | 6.4 9.6 | |
| Consistency (15%) | 4.8 5.1 | |
| Expense Ratio (5%) | 1.9 4.4 | |
| Liquidity (5%) | 5.3 6.4 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | FTHI | IDVO |
|---|---|---|
| Expense Ratio | 0.850% | 0.650% |
| Inception Date | Jan 6, 2014 | Jan 1, 2022 |
| Issuer | First Trust | Amplify |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 3/5 stars |
Underrated fund with solid track record — the high expense ratio is the main drag
Investor Profile:
Investor seeking actively managed covered call strategy
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