DIVO - A Solid Income ETF Combining Growth and Income. Is it right for you?

This is a look at DIVO from Amplify ETFs. DIVO is an income ETF that currently yields about 5% and is beating the S&P 500 over the last year. It pays monthly dividends and is actively managed. It has only been around for 5 years and has shown consistent performance. Today I want to take a look at it and see how it stacks up against other income ETFs that I have recently reviewed (JEPI and QYLD).

Check out the international version of DIVO:

SEEKING ALPHA AFFILIATE LINK:
If you are interested in joining Seeking Alpha you can use the link below.
Use this special link to get a reduced price versus the regular rate of $239:
As an affiliate of Seeking Alpha, I do receive compensation for signups with this link. My opinion is my own and does not reflect those of Seeking Alpha and this video is not a recommendation or advice for any particular security.

Start the day off right with a 10% return!
Earn $10 for signing up and depositing $100 on M1 with this link:

0:00 Intro
1:21 Is an income ETF right for you?
2:05 JEPI vs QYLD vs DIVO
2:47 DIVO Overview
7:26 DIVO Holdings and CCs
9:43 DIVO Final Thoughts
11:35 Income ETF Final Ratings

Related videos:
QYLD Review
JEPI Review
Buying ETFs with options
REIT meets covered call
Selling QQQ Options
Selling SPY Options for Monthly Income
Trading Options on Fidelity - Basic options and how they work with live examples on Fidelity
Selling Covered Calls
Monthly Dividend Stock Meets Covered Call
Understanding Basic Options

Additional Tags:
Income ETF, JEPI, High dividend ETF, DIVO Income ETF, QYLD Income ETF, option strategies, cash secured puts, simple option trades, Covered call options, ATM covered calls. SPY ETF, Selling Options, QQQ Options, QQQ vs VOO, Options for Income, Options during earnings.

[CB_]

I held DIVO before. I ended up selling it and bought SCHD. I wanted a dividend growth fund which DIVO is marketed as but the dividend has been flat for nearly 2 years and will certainly even decrease this year.

[WW-]

I would love to see an update on DIVO from you! I’m about to hit the buy button on 500 shares…I’ve held it for 3 years and I’ve been super happy with its performance!

[KennyZ]

Bro this is a solid channel. I respect your input. I'm a fan of DIVO in my overall portfolio mix on M1 Finance. I'm 30 and have a gameplan for my exposure. Looking for cash flow to pay my rent/mortage automatically and increase my savings rate during my working years.

- 401k is boglehead index funds ($100k)
- Roth IRA is 25% each of DGRO, SCHD, VIGI, 15% VGT, 10% Costco lol ($70k)
- Taxable Fixed Income quadfecta 25% each of XYLD, RYLD, JEPI, DIVO. Once this hits $1, 000/month, I'll cap my exposure ($20k)
- Taxable portfolio of 50% each DIVO and JEPI ($10k)
- Taxable portfolio of 50% each DGRO and SCHD ($20k)

[andrewdavis]

Thanks, I am in SCHD, JEPI, DIVO... Nice channel

[Catmain]

I have been buying small positions of all three funds over a full year. I agree with your assessment Jepi being # 1 Divo # 2 Qyld some were at the end. Thanks for video.

[sactojlm]

Would like to hear your thoughts on Global Ex funds XYLD and RYLD, especially with respect to their value loss over time vs. QYLD.

[davejohnson]

JEPI Has been my BIG winner by far this year. JEPQ has been my second. I also own DIVO and QYLD which are both performing well since I bought them at their lows. Good VID Dr. Dave

[chuckmurray]

I love the DEVO reference! Have you looked at any of the Money Market ETFs like TFLO or WMFXX?

[murtazapitalwala]

I like it. I just invested in DIVO and I'm glad we are on the same page

[williamq]

Amazing info! Thank you very much Dave for all that hard work you put into it!!👍👍

[camai]

So I’m late to the investing game..Life happens. Im 47, finally making a good living, and have 150K in the market now. I started a dividend portfolio through M1 (have my ROth and 401K through Fidelity) and am looking to retire in 15 years. I hoping to get to 50K year in dividends. I put 1K into my M1 account per month and have a pie that is just “income”, BST, DIVO, JEPI, JEPQ, and XYLD. I have 30 other dividend stocks as well. Overall dividend yield on my portfolio is 3.5%. I like these “income” ETFs and hope to supplement my retirement with them. If I was younger, say 37, or 40, I would not be in them. But I like what they do, and offer at this point as Im late to the game and don’t have 30 years to let compounding work for me.

[Flor-ian]

I was introduced to JEPI by your video probably close to a year ago but waited until it was in the upper 50’s to buy about 1% of my portfolio in it. I definitely like the product and will slowly add more

[CGroovy]

Thanks again Dave. I hope you're not kidding about one day creating your own ETF!

[TheWayoftheSith]

What do you think of QQQY, JEPY, and IWMY income etfs from Defiance?

[TheWayoftheSith]

I noticed all the major income etfs are not on etoro. Any tips on which ones are worth getting on that site?

[gregorgman]

Thanks for the video, as usual, good NEW stuff (for me). Important question: is that you playing the sax??

[richardthorne]

DIVO is my favorite. Great job on covering it.

[Sportvent]

This may be a lengthy answer. Why is it that DIVO has growth and JEPQ/JEPI does not? You have mentioned that these covered calls etfs do not have growth and if you want to build wealth if you are young these income etfs are not for you. Why would Divo grow but JEPQ would not? Just curious how they are different. Does jepq pay out all of their gains and DIVo reinvests them? Sorry if this would involve too much of your time. Disregard if the answer is too complicated. Thanks in advance

[kurts]

Taking it to the next level, you can sell puts and calls against DIVO, too.

[hansschotterradler]

I was going to buy DIVO in my 401k with Merrill. Unfortunately DIVO is blocked from trading in that account