QDVO and RYLD are both covered call ETFs tracking the same benchmark, but with different approaches. QDVO offers ~5.8% yield with a focus on growth investors who want some income without fully sacrificing upside participation, while RYLD provides ~12% yield targeting investor seeking small cap diversification with income 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
Amplify CWP Growth & Income ETF
7.5
Overall Score
Global X Russell 2000 Covered Call ETF
5.8
Overall Score
| Criteria | QDVO | RYLD |
|---|---|---|
| Overall Score | 7.5 5.8 | |
| Total Return (25%) | 10.0 4.3 | |
| Downside Protection (25%) | 5.0 8.1 | |
| Upside Participation (25%) | 10.0 5.6 | |
| Consistency (15%) | 4.5 4.9 | |
| Expense Ratio (5%) | 5.6 5.0 | |
| Liquidity (5%) | 5.9 6.2 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | QDVO | RYLD |
|---|---|---|
| Expense Ratio | 0.550% | 0.600% |
| Inception Date | Jan 1, 2022 | Apr 17, 2019 |
| Issuer | Amplify | Global X |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 3/5 stars | 4/5 stars |
The aggressive sibling of DIVO. Higher risk, higher upside potential. Not for conservative income investors.
Investor Profile:
Growth investors who want some income without fully sacrificing upside participation
Niche but useful for diversification — RYLD is the only way to get small cap income overlay in a liquid ETF
Investor Profile:
Investor seeking small cap diversification with income overlay
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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