Amplify CWP Growth & Income ETF (QDVO)

The Amplify CWP Growth & Income ETF (ticker QDVO) is an actively managed exchange-traded fund sponsored by Amplify ETFs and sub-advised by Capital Wealth Planning, the same firm behind Amplify's covered-call dividend strategy. The fund seeks to provide current income along with capital appreciation.

The portfolio holds a concentrated group of large-capitalization U.S. growth companies, with an emphasis on technology and other innovative businesses. The managers write covered call options on some or all of the individual stock positions, tactically adjusting how much of the portfolio is covered and at what strike prices, to generate option premium income.

This approach aims to pair growth-stock exposure with a regular income stream, while the call writing limits a portion of the upside on positions that are covered.