SIXH vs IDVO — Covered Call ETF Comparison | CoveredRank

SIXH and IDVO are both covered call ETFs tracking the same benchmark, but with different approaches. SIXH offers ~7% yield with a focus on very defensive investor prioritizing capital preservation 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.

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Compare covered call ETFs with the same benchmark side by side

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Step 2: Select ETFs to Compare

SIXH

6 Meridian Hedged Equity-Income ETF

S&P 500Inception: Oct 8, 2020

6.1

Overall Score

IDVO

Amplify CWP International Enhanced Dividend Income ETF

S&P 500Inception: Jan 1, 2022

8.1

Overall Score

CriteriaSIXHIDVO
Overall Score
6.1
8.1
Total Return (25%)
5.5
10.0
Downside Protection (25%)
10.0
7.4
Upside Participation (25%)
4.3
9.6
Consistency (15%)
5.5
5.1
Expense Ratio (5%)
2.8
4.4
Liquidity (5%)
4.6
6.4
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Compare Across All Time Windows

Since Inception

3 Years

Pro only

1 Year

Pro only

3 Months

Pro only

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Key Metrics

MetricSIXHIDVO
Expense Ratio0.780%0.650%
Inception DateOct 8, 2020Jan 1, 2022
Issuer6 MeridianAmplify
Distribution FrequencyMonthlyMonthly
Maturity Rating4/5 stars3/5 stars

Verdicts

SIXH

The most defensive fund in our universe — ideal for bear market protection but sacrifices significant upside

Investor Profile:

Very defensive investor prioritizing capital preservation above all

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