These 3 ETFs (DIVO, JEPI, QDVO) Are Your Dividend Safety Net

Core Insights - The Amplify CWP Enhanced Dividend Income ETF (DIVO) offers a current dividend yield of 5.6%, with a recent payout of $0.21394 per share, providing a diversified strategy across various economic sectors to mitigate risk and enhance portfolio diversification [1][4]. Group 1: DIVO Overview - DIVO aims for a smoother investment experience compared to the broader market, utilizing a combination of dividend and option income to buffer against market volatility, achieving an 18% year-to-date increase since its launch in 2016 [2][3]. - The ETF focuses on high-quality stocks that prioritize shareholder value through dividends and employs a covered-call strategy to amplify returns by generating additional cash through options [3]. Group 2: Other ETFs - The JPMorgan Equity Premium Income ETF (JEPI) provides a steady income stream while maintaining equity exposure, with a year-to-date performance of approximately 7-8%, which is lower than the S&P 500 [5][6]. - JEPI has a trailing yield of about 8.3% and includes large-cap U.S. stocks like NVIDIA, Microsoft, and Alphabet, using call options on the S&P 500 to enhance cash flow [6][7]. - The Amplify CWP Growth & Income ETF (QDVO) targets capital appreciation while also providing steady monthly distributions, with a recent payout of $0.26840 per share and a yield close to 10% [8][11]. - QDVO's strategy involves a tactical covered-call approach and maintains a portfolio of 20-40 large-cap growth stocks, achieving a year-to-date performance of 20.1% [10][11].