Rankings / QDVO
Amplify CWP Growth & Income ETF
7.7
Overall Score
QDVO is an actively managed Amplify fund sub-advised by Capital Wealth Planning and Penserra. It holds large-cap growth stocks with strong earnings and cash flow, 51 positions, with technology at 51% and NVIDIA at 10.6%. Covered calls are written tactically on individual stocks and sometimes on broad indexes, and the share covered is not disclosed. It pays monthly.
The fund holds 20-40 large-cap US growth stocks selected by Capital Wealth Planning. The managers write out-of-the-money covered calls on a partial basis, meaning not all positions are covered at all times. The premium collected is distributed monthly. The strategy does not hedge market declines: down-capture has been below up-capture since inception, but the fund still participates in market declines.
Captured 80% of Nasdaq-100 upside with a 70% down capture, but only over 25 months, and it trails QQQ by 9 points in 2026.
Cumulative total return of QDVO against QQQ, distributions reinvested.
Cumulative total return, rebased to 0% at the start of each period. Distributions reinvested. Data through end of previous month.
Calendar-year total return, distributions reinvested.
| Year | QDVO | QQQ |
|---|---|---|
| 2026 YTD | +11.74% | +20.83% |
| 2025 | +20.18% | +20.77% |
| 2024 * | +10.96% | +7.66% |
Historical years are frozen. YTD is refreshed monthly. * Partial year: return from fund inception to December 31.
Composite score from six weighted criteria, measured since inception.
Performance since inception against the benchmark.
How much of the benchmark drawdown the fund absorbed.
How much of the benchmark rally the fund kept.
Frequency of distribution cuts below 85% of the previous payment.
Inversely proportional to the annual management fee.
Assets under management on a log scale.
Sector and geographic composition of QDVO underlying holdings.
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | NVDA | NVIDIA | 10.67% |
| 2 | AAPL | Apple | 9.19% |
| 3 | GOOGL | Alphabet | 8.30% |
| 4 | MSFT | Microsoft | 6.05% |
| 5 | AMZN | Amazon.com | 5.15% |
| 6 | MU | Micron Technology | 4.23% |
| 7 | META | Meta Platforms | 3.88% |
| 8 | AMD | Advanced Micro Devices | 3.74% |
| 9 | AVGO | Broadcom | 3.46% |
| 10 | LLY | Eli Lilly & | 3.36% |
Holdings data from fund disclosures, updated periodically. Percentages may not sum to 100% due to cash, options, and other positions not shown.
The same six criteria, applied to different trailing periods. Pro subscribers see the full breakdown.
Since inception
7.7
3 years
7.7
1 year
6.8
3 months
8.0
How has QDVO ranked across inception, 3 years, 1 year, and 3 months? Pro subscribers can compare a fund's trajectory over every window, across all 28 funds.
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Expense Ratio
0.550%
Inception Date
August 1, 2024
Benchmark
QQQ
Category
Covered Call - Large Cap
Distribution Frequency
Monthly
Maturity Rating
3/5 stars
Scores calculated using CoveredRank methodology. Every formula is published and reproducible.
See full methodology→Disclaimer: CoveredRank provides independent educational content only. This is not financial advice. Please consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results.