divo stock — Amplify DIVO ETF Guide

Quick preview: This article explains divo stock — the Amplify CWP Enhanced Dividend Income ETF (ticker DIVO). You will learn what the fund targets, how its dividend-and-covered-call approach works, typical holdings and sector exposure, fees, distribution cadence, principal risks, tax considerations for U.S. investors, and practical points to monitor if you follow or consider the fund. Where trading venues are discussed we highlight Bitget as a primary trading partner for readers interested in exploring cryptocurrency-linked services and custody tools while managing broader portfolio needs.

The term divo stock in U.S. market contexts refers to the Amplify CWP Enhanced Dividend Income ETF (ticker DIVO), an actively managed equity ETF that combines a high-quality dividend-focused stock selection with a covered-call overlay. The fund is listed on a U.S. exchange and is designed for investors seeking enhanced income from both cash dividends and option premiums, while remaining exposed to large-cap equities.

DIVO is an equity ETF with an explicit income-enhancement objective. It seeks to deliver a higher level of cash distributions than a plain-vanilla broad-market ETF by combining two income sources: (1) dividends from selected high-quality large-cap companies and (2) option premium income from a covered-call writing program on holdings. Typical investors include income-oriented individuals, retirement-income allocators, and portfolio managers who want equity exposure with an enhanced-income overlay and who accept the trade-off of limited upside when calls are written.

• Ticker: DIVO
• Issuer / Sponsor: Amplify Investments
• Sub-adviser: Capital Wealth Planning (CWP)
• Launch date: December 14, 2016
• Primary strategy: Dividend-focused equities + covered-call overlay
• Distribution frequency: Monthly
• Expense ratio: ~0.56% (as reported by the issuer)
• Typical holdings: ~20–30 large-cap names (varies over time)

DIVO launched in December 2016 to fill demand for an actively managed, large-cap dividend ETF that layered option-writing to increase income. Since launch, the fund experienced several growth phases as income-oriented investors and advisors adopted covered-call ETFs. Milestones include steady growth in assets under management during favorable equity and income-seeking markets and occasional shifts in position weights and option-writing cadence to adapt to volatility regimes. Periodic distribution adjustments follow realized option income and dividend receipts.

DIVO’s stated investment objective is to provide investors with a high level of income and the potential for capital appreciation. It pursues a dual-income approach: selecting dividend-paying, quality large-cap stocks and opportunistically writing covered call options on some or all holdings to capture additional premium income.

The portfolio typically focuses on established, dividend-paying U.S. large-cap companies with strong cash flow, durable business models, and shareholder-return track records. Screening criteria emphasized by managers and third-party descriptions include consistent dividend history or growth, solid financial metrics (earnings, cash flow, return on equity), market capitalization in the large-cap range, and management quality. The fund generally holds roughly 20–30 individual names at any time to concentrate on stock selection quality while maintaining sufficient diversification across sectors.

DIVO uses a covered-call overlay to supplement dividend income. The sub-adviser writes call options on individual holdings or baskets of holdings; these sales generate option premiums that are added to the fund’s distributable cash. Managers choose strike prices (often out-of-the-money but sometimes at-the-money depending on market conditions), expirations, and the portion of the position to cover. The overlay aims to increase current income and potentially reduce downside volatility but comes with trade-offs: when calls are written, upside on covered holdings is capped and repeated option sales can create a small long-term drag on NAV if markets rise sharply. Option activity is tactical and can be adjusted to reflect volatility and income objectives.

DIVO’s portfolio typically shows overweight exposure to high-quality sectors that produce steady dividends such as financials, industrials, technology, and consumer goods — though allocations change with manager decisions. Position concentration is higher than broad-market ETFs given the modest number of holdings (20–30 names). Examples of names commonly appearing in public holdings snapshots include large-cap firms such as Caterpillar, RTX (or similar defense/industrials), American Express, IBM, Microsoft, Apple, Visa, and major financial institutions like Goldman Sachs. Holders should expect holdings to evolve in response to valuation, dividend outlook, and tactical considerations for option overlays.

Performance for divo stock is reported in total-return terms (price appreciation plus reinvested distributions). Historical performance varies with equity market cycles and the income contribution from covered calls. In equity bull markets, the covered-call overlay can underperform a pure equity index because option sales cap upside; in sideways or down markets, option premium tends to cushion downside and boost income returns. Investors should review both NAV (intrinsic) returns and market price returns, which can diverge due to market liquidity and bid/ask spreads.

Key metrics commonly used to assess DIVO include total return (NAV and market price), trailing 1-year / 3-year / 5-year annualized returns, standard deviation, beta versus the S&P 500, yield (trailing 12-month and SEC 30-day yield), and tracking error versus comparable dividend or covered-call ETFs. Typical benchmarks for context include the S&P 500 for broad equity performance and peer covered-call or high-dividend ETFs for income competition. Because DIVO is actively managed with a distinct strategy, comparison with peers and with the broader market helps highlight the effect of option overlays on returns and volatility.

DIVO distributes income monthly. Distribution sources are a combination of cash dividends received from portfolio companies, realized option premiums and realized capital gains (occasionally). The fund publishes a distribution record that shows monthly amounts and a breakdown of distribution sources on a periodic basis. Yield metrics for divo stock are typically presented as trailing 12-month yield and the SEC 30-day standardized yield; both can differ materially from the cash yield investors actually receive depending on market conditions and realized option income.

DIVO’s operating expense ratio is reported around 0.56%, which covers fund administration, management fees, and other operating costs. Investors also face implicit trading costs such as bid/ask spreads when buying or selling ETF shares, and option-related execution costs embedded in the option overlay. Compared to passive large-cap equity ETFs, DIVO’s fee structure is higher because of active management and the covered-call program; compared to other actively managed income or option-overlaid ETFs, the expense ratio is competitive but should be compared on a like-for-like basis.

Principal risks associated with divo stock include:

• Equity market risk — the fund holds stocks and will decline if underlying equities fall.
• Covered-call strategy risk — while options writing generates income, it limits upside on covered positions and may underperform in strong bull markets; repeated option sales can lead to NAV opportunity cost.
• Concentration risk — with roughly 20–30 holdings, single-name events can have an outsized effect versus broadly diversified indices.
• Liquidity and bid/ask spreads — ETF market price can differ from NAV intraday; less-liquid periods can widen spreads and increase trading costs.
• Option counterparty and implementation risk — while options are exchange-traded instruments, execution timing, strike selection, and rolling strategies affect realized returns.
• Tax risk — option premium treatment and monthly distributions can have complex tax consequences for U.S. investors.

Tax treatment for DIVO distributions can be multi-faceted. Dividends received from portfolio stocks may qualify for lower tax rates if they are "qualified dividends," subject to holding-period rules; however, some or much of a monthly distribution could be ordinary income derived from short-term option premium and return-of-capital classifications. Option income can be treated as short-term capital gain or ordinary income depending on the holding and option mechanics. The fund will typically provide annual tax reporting (Form 1099) and a distribution breakdown. U.S. investors should consult a tax advisor to understand the tax profile of monthly cash distributions and potential implications for tax-advantaged accounts such as IRAs or 401(k)s.

DIVO is sponsored by Amplify Investments; the sub-adviser or portfolio manager responsibilities are executed by Capital Wealth Planning (CWP) under the fund's management framework. The sponsor provides distribution, compliance, and product-level oversight, while the sub-adviser is responsible for stock selection and option overlay execution. Investors can review the fund prospectus and the sponsor’s website for details on the portfolio team, investment philosophy, and stewardship policies.

DIVO trades under ticker DIVO on a major U.S. exchange. Market-price trading occurs during exchange hours and may trade at a premium or discount to intraday NAV (iNAV) depending on supply/demand and liquidity. The fund has a regular creation/redemption mechanism used by authorized participants to keep market price close to NAV. Average daily trading volume and spreads vary over time; large institutional flows and market volatility can influence liquidity. Investors executing trades should be aware of market hours, potential spreads, and the availability of options on the ETF itself (where applicable).

Market commentary on divo stock generally highlights the fund’s income-generation effectiveness and the sensible tilt toward quality large-cap names. Analysts and platforms note the trade-off inherent in covered-call strategies: more consistent income and lower downside but limited upside in strong rallies. Morningstar-type research commonly discusses manager skill in security selection and option implementation as the differentiator. Coverage often praises DIVO for clear distribution policies and regular reporting but warns that performance relative to broad market indices depends heavily on market cycle and volatility.

DIVO sits in a family of dividend-plus-option ETFs. Comparable strategies include other actively managed covered-call ETFs and high-dividend ETFs that differ on security selection, option overlay intensity, expense ratios, and holding counts. When comparing with peers, evaluate differences in: 1) number of holdings and stock-selection style, 2) frequency and aggressiveness of option writing, 3) expense ratios and realized distribution history, and 4) historical tracking relative to benchmarks and risk metrics.

If you are evaluating divo stock for a portfolio, consider the following:

• Suitability: The fund may be suitable for income-focused investors who accept capped upside in exchange for higher current distributions. It can be appropriate for taxable and tax-deferred accounts, depending on tax preferences.
• Allocation role: DIVO can serve as an income sleeve within a diversified portfolio, complementing fixed income and equity holdings. Because it retains equity beta, it should not be treated as a bond proxy in severe market drawdowns.
• Monitoring: Watch distribution sustainability, the sources of distributions (dividends vs. option premiums vs. capital gains), option writing intensity, and the concentration of top holdings. Also monitor how the fund performs relative to peers and duration of covered-call exposure.
• Execution: Consider trading costs and market hours; for frequent traders, liquidity and tight spreads are important. Use limit orders if concerned about intraday spreads.

1. Review the current fund factsheet for exact AUM, expense ratio, yield, and top holdings.
2. Check the most recent monthly distribution report to understand distribution sources.
3. Compare DIVO’s yield and expense ratio against other covered-call and dividend ETFs.
4. Consider tax implications of monthly distributions and option premium when placing the ETF in taxable vs. tax-advantaged accounts.
5. Monitor option-writing cadence in market commentaries or fact sheets to understand strategy shifts.

To provide a time-stamped snapshot for readers: As of 2026-01-26, according to the fund sponsor, DIVO was launched on December 14, 2016 and the fund listed monthly distributions with an expense ratio near 0.56%. As of the same date, market-data platforms reported that the fund commonly holds roughly 20–30 core positions and uses a systematic covered-call overlay to enhance income. For current market capitalization, daily average volume, exact NAV, and the most recent total-return figures, consult the fund’s published factsheet and major pricing services.

All readers should note that this article is informational and not investment advice. The fund’s past distributions and historic yields do not guarantee future results. Because option overlays and active stock selection matter materially, fund outcomes depend on manager execution and market conditions. Consult a registered financial professional and tax advisor for guidance tailored to your circumstances.

This article references issuer materials, market-data platforms, and ETF research outlets for background and standard facts. Readers should consult the fund prospectus, recent factsheets, and regulatory filings (e.g., the fund’s registration statements) for official, current data. Where this article cites a reporting date, the citation indicates the source type (issuer fact sheet, market-data provider) and date to give time context.

For up-to-date figures such as NAV, AUM, yield, distribution history, and holdings weights for divo stock, check the Amplify fund documentation, the fund’s prospectus and holdings disclosures, and major market-data platforms. For investors seeking custody, trading access, or integrated portfolio tools across traditional and digital assets, explore Bitget’s services and educational resources. (No external hyperlinks are provided in this article.)

• Covered call strategy
• Dividend ETFs
• Option income ETFs
• ETF basics and creation/redemption mechanics

If you track divo stock, start by reviewing the fund’s latest factsheet and monthly distribution report to understand current yield and distribution sources. Monitor option-activity commentary from the issuer and compare performance against a selection of peers and the S&P 500 over multiple market cycles. To explore custody, multi-asset execution, or educational materials while managing DIVO exposure alongside digital assets, consider Bitget’s platform and wallet offerings for an integrated approach.

For precise, up-to-date pricing, AUM, and performance statistics, consult the fund’s official materials and market-data providers dated on or after the trading day you review.

Reporting examples: As of 2026-01-26, according to the fund sponsor's publicly distributed factsheet, DIVO's expense ratio was reported near 0.56% and the fund continued to pay monthly distributions. As of 2026-01-26, major market-data services list the fund's holdings and outputs used to compute trailing yields and historical returns; always verify dated statistics against the sponsor's latest filings.