IDVO vs XYLD: Which Covered Call ETF Is Better?

IDVO and XYLD are both covered call ETFs tracking the same benchmark, but with different approaches. IDVO offers ~6.5% yield with a focus on income investors seeking international diversification with covered call overlay, while XYLD provides ~9.5% yield targeting income investor seeking s&p 500 exposure with simple and transparent strategy. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.

Compare ETFs

Compare covered call ETFs with the same benchmark side by side

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Step 2: Select ETFs to Compare

IDVO

Amplify CWP International Enhanced Dividend Income ETF

S&P 500Inception: Jan 1, 2022

7.9

Overall Score

XYLD

Global X S&P 500 Covered Call ETF

S&P 500Inception: Jun 24, 2013

5.3

Overall Score

CriteriaIDVOXYLD
Overall Score
7.9
5.3
Total Return (25%)
10.0
3.5
Downside Protection (25%)
7.0
5.6
Upside Participation (25%)
9.5
6.4
Consistency (15%)
5.1
5.1
Expense Ratio (5%)
4.4
5.0
Liquidity (5%)
6.4
7.2
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Compare Across All Time Windows

Since Inception

3 Years

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1 Year

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3 Months

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Key Metrics

MetricIDVOXYLD
Expense Ratio0.650%0.600%
Inception DateJan 1, 2022Jun 24, 2013
IssuerAmplifyGlobal X
Distribution FrequencyMonthlyMonthly
Maturity Rating3/5 stars5/5 stars

Verdicts

IDVO

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

XYLD

Similar to QYLD but on a more defensive index — choice between the two depends on S&P 500 vs Nasdaq preference

Investor Profile:

Income investor seeking S&P 500 exposure with simple and transparent strategy

Full scores for these funds

See where these rank against every EFA fund

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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