PBP and IDVO are both covered call ETFs tracking the same benchmark, but with different approaches. PBP offers ~7% yield with a focus on conservative investor valuing historical track record above all, 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
Invesco S&P 500 BuyWrite ETF
5.3
Overall Score
Amplify CWP International Enhanced Dividend Income ETF
8.1
Overall Score
| Criteria | PBP | IDVO |
|---|---|---|
| Overall Score | 5.3 8.1 | |
| Total Return (25%) | 2.5 10.0 | |
| Downside Protection (25%) | 8.1 7.4 | |
| Upside Participation (25%) | 5.5 9.6 | |
| Consistency (15%) | 5.0 5.1 | |
| Expense Ratio (5%) | 6.4 4.4 | |
| Liquidity (5%) | 5.4 6.4 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | PBP | IDVO |
|---|---|---|
| Expense Ratio | 0.490% | 0.650% |
| Inception Date | Dec 20, 2007 | Jan 1, 2022 |
| Issuer | Invesco | Amplify |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 3/5 stars |
The grandfather of covered call ETFs — its 2008 data is invaluable for stress testing
Investor Profile:
Conservative investor valuing historical track record above all
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