IDVO ETF doubles MSCI EAFE returns with dividend income plus tactical covered calls.

The Amplify CWP International Enhanced Dividend Income ETF (IDVO) combines dividends from foreign blue-chip ADRs with a tactical covered call strategy to deliver higher income and capital appreciation. Since its late 2022 inception, IDVO has returned 107.95%, significantly outperforming the MSCI EAFE benchmark. The fund offers monthly distributions and a smoother income stream, though it charges a 0.65% fee and caps upside on called stocks. IDVO suits investors seeking international dividend income with some growth potential and willing to trade off peak rally gains for steady payouts.