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ETFs

Amplify CWP Enhanced Dividend Income ETF

DIVO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 14 2016
Expense Ratio
0.55%
Type
US Equities
Fund Owner
Amplify Investments
Volume (1m avg. daily)
$9,047,760
AUM
$2,863,853,534
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Cash & Other
12.60%
V
Visa Inc - Ordinary Shares - Class A
5.48%
UNH
Unitedhealth Group Inc
5.47%
CVX
Chevron Corp.
5.42%
PG
Procter & Gamble Co.
5.31%
MSFT
Microsoft Corporation
5.20%
AAPL
Apple Inc
5.05%
MCD
McDonald`s Corp
4.83%
JPM
JPMorgan Chase & Co.
4.81%
GS
Goldman Sachs Group, Inc.
4.66%
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 MGV, DLN, VTV

DIVO
Amplify ETF Trust - Amplify CPW Enhanced Dividend Income ETF
MGV
Vanguard Group, Inc. - Vanguard Mega Cap Value ETF
DLN
WisdomTree Trust - WisdomTree U.S. LargeCap Dividend Fund
VTV
Vanguard Group, Inc. - Vanguard Value ETF
UDOW
ProShares Trust - ProShares UltraPro Dow30 3x Shares
DIA
SSgA Active Trust - SPDR Dow Jones Industrial Average ETF
DGRO
BlackRock Institutional Trust Company N.A. - iShares Core Dividend Growth ETF
DDM
ProShares Trust - ProShares Ultra Dow30 2x Shares
IWX
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Value ETF
VYM
Vanguard Group, Inc. - Vanguard High Dividend Yield Indx ETF
DTD
WisdomTree Trust - WisdomTree U.S. Total Dividend Fund

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-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with DIVO using Composer

FAQ

DIVO is a US Equities ETF. 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.

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

Yes, DIVO 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, DIVO 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 DIVO is -0.0059%. This is the percent change in the value of DIVO over the most recent 1-month period. The 3-month return on DIVO is 0.0066%. This is the percent change in the value of DIVO over the most recent 3-month period.

The standard deviation of DIVO for the past year is 0.1218%. 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 DIVO include PKW, VIXY, and XYLD.

ETFs correlated to DIVO include MGV, DLN, and VTV.

ETFs that are inversely correlated to DIVO include SDOW, DOG, and DXD.

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.