PUTW and IDVO are both covered call ETFs tracking the same benchmark, but with different approaches. PUTW offers ~8% yield with a focus on sophisticated investor seeking income via put writing 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
WisdomTree PutWrite Strategy Fund
5.5
Overall Score
Amplify CWP International Enhanced Dividend Income ETF
8.1
Overall Score
| Criteria | PUTW | IDVO |
|---|---|---|
| Overall Score | 5.5 8.1 | |
| Total Return (25%) | 3.7 10.0 | |
| Downside Protection (25%) | 6.9 7.4 | |
| Upside Participation (25%) | 6.0 9.6 | |
| Consistency (15%) | 5.0 5.1 | |
| Expense Ratio (5%) | 7.0 4.4 | |
| Liquidity (5%) | 5.9 6.4 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | PUTW | IDVO |
|---|---|---|
| Expense Ratio | 0.440% | 0.650% |
| Inception Date | Feb 24, 2016 | Jan 1, 2022 |
| Issuer | WisdomTree | Amplify |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 3/5 stars |
Interesting alternative to traditional covered calls — similar economics, different mechanics
Investor Profile:
Sophisticated investor seeking income via put writing 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