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Amplify CWP Enhanced Dividend Income ETF

DIVO
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Dec 14 2016
Expense Ratio
0.55%
Type
US Equities
Fund Owner
Amplify Investments
Volume (1m avg. daily)
$19,429,168
AUM
$2,649,902,640
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Dividend
Dividend - Regular Payors
Prospectus

Top 10 Holdings

n/a
Cash & Other
8.88%
CVX
Chevron Corp.
5.48%
UNH
Unitedhealth Group Inc
5.19%
HD
Home Depot, Inc.
5.19%
MSFT
Microsoft Corporation
5.15%
V
Visa Inc - Ordinary Shares - Class A
5.11%
MCD
McDonald`s Corp
5.11%
MRK
Merck & Co Inc
4.96%
GS
Goldman Sachs Group, Inc.
4.87%
PG
Procter & Gamble Co.
4.83%
Invest with DIVO

What is DIVO?

DIVO seeks investment results that correspond generally to an existing investment strategy called the Enhanced Dividend Income Portfolio (EDIP or Investment Strategy). The strategy is managed by DIVO s Sub Adviser, Capital Wealth Planning (CWP). Please review the DIVO prospectus for more information on EDIP and to learn more about the strategy s track record and investment characteristics. The strategy seeks to provide annual income of approximately 4-7% from dividend and option premiums.

ETFs related toDIVO

ETFs correlated to DIVO include DLN, DTD, MGV

DIVO
Amplify ETF Trust - Amplify CPW Enhanced Dividend Income ETF
DLN
WisdomTree Trust - WisdomTree U.S. LargeCap Dividend Fund
DTD
WisdomTree Trust - WisdomTree U.S. Total Dividend Fund
MGV
Vanguard Group, Inc. - Vanguard Mega Cap Value ETF
VTV
Vanguard Group, Inc. - Vanguard Value ETF
VYM
Vanguard Group, Inc. - Vanguard High Dividend Yield Indx ETF
ILCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Value ETF
PFM
Invesco Capital Management LLC - Invesco Dividend Achievers ETF
UDOW
ProShares Trust - ProShares UltraPro Dow30 3x Shares
DDM
ProShares Trust - ProShares Ultra Dow30 2x Shares
IWX
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDIVO

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

Can contain

DIVOVTV
#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

Can contain

DIVOVTV

Create your own algorithmic trading strategy with DIVO using Composer

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.