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ETFs

Amplify International Enhanced Dividend Income ETF

IDVO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 08 2022
Expense Ratio
0.65%
Type
Global Ex. US Equity Income
Fund Owner
Amplify Investments
Volume (1m avg. daily)
$202,541
AUM
$42,160,155
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
Cash & Other
7.05%
PBR
Petroleo Brasileiro S.A. Petrobras - ADR
4.15%
MUFG
Mitsubishi UFJ Financial Group, Inc. - ADR
4.15%
BBVA
Banco Bilbao Vizcaya Argentaria. - ADR
3.37%
TTE
TotalEnergies SE - ADR
3.02%
KOF
Coca-Cola Femsa S.A.B. DE C.V. - ADR
2.94%
IBN
ICICI Bank Ltd. - ADR
2.92%
TCEHY
Tencent Holdings Ltd. - ADR
2.80%
YPF
YPF - ADR
2.76%
NVS
Novartis AG - ADR
2.55%
Invest with IDVO

What is IDVO?

IDVO is an ETF of high quality international large and mid-cap companies through American Depositary Receipts (ADRs) with a history of dividend and earnings growth, along with a tactical covered call strategy on individual securities. The fund identifies ADRs of high-quality large-cap companies from the MSCI ACWI ex USA Index that we believe will, over time, sustain their earnings and cash flow growth, and increase their annual dividends consistently. The portfolio managers consider which industry sectors or countries appear to be outperforming relative to the overall market and over-weight those sectors or countries by selecting securities that are outperforming relative to their peers. Assembling a portfolio of 30-50 securities that have been screened according to attributes such as earnings, cash flow, return on equity, market capitalization, and management track. Tactical covered-call writing on individual securities to lower risk and enhance total return. Fund seeks to provide a gross income of approximately 3-4% from dividend income and 2-4% from sold call options.

ETFs related toIDVO

ETFs correlated to IDVO include VYMI, DFAX, AVIV

IDVO
Amplify ETF Trust - Amplify International Enhanced Dividend Income ETF
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
AVIV
American Century ETF Trust - Avantis International Large Cap Value ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
DFIV
Dimensional ETF Trust - Dimensional International Value ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
PXF
Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. 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 toIDVO

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

#DGE

Diversify with Global Exposure

Category

Momentum, Tactical Asset Allocation, Go Global, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with IDVO using Composer

FAQ

IDVO is a Global Ex. US Equity Income ETF. IDVO is an ETF of high quality international large and mid-cap companies through American Depositary Receipts (ADRs) with a history of dividend and earnings growth, along with a tactical covered call strategy on individual securities. The fund identifies ADRs of high-quality large-cap companies from the MSCI ACWI ex USA Index that we believe will, over time, sustain their earnings and cash flow growth, and increase their annual dividends consistently. The portfolio managers consider which industry sectors or countries appear to be outperforming relative to the overall market and over-weight those sectors or countries by selecting securities that are outperforming relative to their peers. Assembling a portfolio of 30-50 securities that have been screened according to attributes such as earnings, cash flow, return on equity, market capitalization, and management track. Tactical covered-call writing on individual securities to lower risk and enhance total return. Fund seeks to provide a gross income of approximately 3-4% from dividend income and 2-4% from sold call options.

IDVO dividend information: Dividend - Regular Payors. Dividend payouts may vary in terms of frequency of payouts.

Yes, IDVO is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, IDVO is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IDVO is -0.0047%. This is the percent change in the value of IDVO over the most recent 1-month period. The 3-month return on IDVO is -0.0069%. This is the percent change in the value of IDVO over the most recent 3-month period.

The standard deviation of IDVO for the past year is 0.1717%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to IDVO include DGS, DWM, and DWX.

ETFs correlated to IDVO include VYMI, DFAX, and AVIV.

ETFs that are inversely correlated to IDVO include EFZ, EPV, and EDZ.

Disclaimers

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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.