DIVO
Amplify CWP Enhanced Dividend Income ETF
stock NYSE ETF

My monthly buys are split like so:
|Symbol|Percent Allocation|
|:-|:-|
|VOO|63.00%|
|SCHD|6.00%|
|JEPI|5.00%|
|V|5.00%|
|MA|5.00%|
|CMF|4.00%|
|DIVO|4.00%|
|QYLD|3.00%|
|O|3.00%|
|QQQH|2.00%|
This is funded by a monthly deposit lumped together with whatever divvies the previous month ladled onto my plate. I'm certain it isn't optimized but I've been doing it for a few years and I feel like it's accumulating well.

DIVO

**let me know what you guys think**
**Invest $180,000 per year for Years 1–7** (total invested: **$1,260,000**).
Portfolio allocation:
**55%** split evenly among **QQQI, JEPQ, JEPI, GPIQ, GPIX, SCHD, SPYI, DIVO**
**45%** split evenly among **SCHG, VOO, VTI, FXAIX**
**No dividend reinvestment during Years 1–7.**
Starting **Year 8**:
**100% of dividends are reinvested.**
**Withdraw 4% of the portfolio value each year.**
**Year**
**Beginning Portfolio**
**4% Withdrawal**
**Ending Portfolio**
8
$1.66M
$66,000
$1.75M
9
$1.75M
$70,000
$1.84M
10
$1.84M
$74,000
$1.94M
11
$1.94M
$78,000
$2.05M
12
$2.05M
$82,000
$2.16M
13
$2.16M
$86,000
$2.28M
14
$2.28M
$91,000
$2.41M
15
$2.41M
$96,000
$2.54M
16
$2.54M
$102,000
$2.69M
17
$2.69M
$108,000
$2.84M
18
$2.84M
$114,000
$3.00M
19
$3.00M
$120,000
$3.17M
20
$3.17M
$127,000
$3.35M
21
$3.35M
$134,000
$3.54M
22
$3.54M
$142,000
$3.74M
23
$3.74M
$150,000
$3.95M
24
$3.95M
$158,000
$4.17M
25
$4.17M
$167,000
$4.41M
26
$4.41M
$176,000
$4.66M
27
$4.66M
$186,000
$4.93M
28
$4.93M
$197,000
$5.22M
29
$5.22M
$209,000
$5.52

Do you think $DIVO is bad?

You know, I do like funds like SCHD and DIVO for that middle ground between....grows faster than a HYSA, but less volatile than the S&P 500. Obviously, they are still equities and can still go down in value, so just ensure you can live with that

My monthly buys are split like so:
|Symbol|Percent Allocation|
|:-|:-|
|VOO|63.00%|
|SCHD|6.00%|
|JEPI|5.00%|
|V|5.00%|
|MA|5.00%|
|CMF|4.00%|
|DIVO|4.00%|
|QYLD|3.00%|
|O|3.00%|
|QQQH|2.00%|
This is funded by a monthly deposit lumped together with whatever divvies the previous month ladled onto my plate. I'm certain it isn't optimized but I've been doing it for a few years and I feel like it's accumulating well.

DIVO

**let me know what you guys think**
**Invest $180,000 per year for Years 1–7** (total invested: **$1,260,000**).
Portfolio allocation:
**55%** split evenly among **QQQI, JEPQ, JEPI, GPIQ, GPIX, SCHD, SPYI, DIVO**
**45%** split evenly among **SCHG, VOO, VTI, FXAIX**
**No dividend reinvestment during Years 1–7.**
Starting **Year 8**:
**100% of dividends are reinvested.**
**Withdraw 4% of the portfolio value each year.**
**Year**
**Beginning Portfolio**
**4% Withdrawal**
**Ending Portfolio**
8
$1.66M
$66,000
$1.75M
9
$1.75M
$70,000
$1.84M
10
$1.84M
$74,000
$1.94M
11
$1.94M
$78,000
$2.05M
12
$2.05M
$82,000
$2.16M
13
$2.16M
$86,000
$2.28M
14
$2.28M
$91,000
$2.41M
15
$2.41M
$96,000
$2.54M
16
$2.54M
$102,000
$2.69M
17
$2.69M
$108,000
$2.84M
18
$2.84M
$114,000
$3.00M
19
$3.00M
$120,000
$3.17M
20
$3.17M
$127,000
$3.35M
21
$3.35M
$134,000
$3.54M
22
$3.54M
$142,000
$3.74M
23
$3.74M
$150,000
$3.95M
24
$3.95M
$158,000
$4.17M
25
$4.17M
$167,000
$4.41M
26
$4.41M
$176,000
$4.66M
27
$4.66M
$186,000
$4.93M
28
$4.93M
$197,000
$5.22M
29
$5.22M
$209,000
$5.52

Do you think $DIVO is bad?

You know, I do like funds like SCHD and DIVO for that middle ground between....grows faster than a HYSA, but less volatile than the S&P 500. Obviously, they are still equities and can still go down in value, so just ensure you can live with that

OVL, DIVO, QDVO

Yes, that’s generally correct about bonds. They aren’t equities like stocks, so they often move counter to them. What they are sensitive to is interest rates…and so your bond can go down in value subject to that.
There are also stocks that are less volatile but still grow. Not that they can’t go down in value, but are generally easier to hold and have smaller swings.
Funds like: SCHD, DIVO, VT, JEPI all grow over time, but more mild swings for someone still getting their footing

As others said, diversity. I have QQQI and DIVO for dividends.  They only have one common stock, but all the rest are different. QQQI is heavy in technology, DIVO is not. So when the AI bubble bursts, it will have little impact on DIVO. That's a high level explanation.

You’re compounding you’re underperformance with both of those. GPIX is averaging 4% underperformance since its inception and DIVO is averaging 3% underperformance.
You’ve given great examples of how compounding underperformance works. 10k invested for DIVO since its inception means markets can drop 30% just to break even assuming DIVO wouldn’t drop ( it would Also drop 30%) or you sold today (locking in your underperformance)
GIPX doesn’t look as bad yet because it hasn’t been around long enough to compound a lot of underperformance.
The dividend income will never ever make up for this performance gap.
I get it if you want safety. If that’s the case buy investment grade bonds and hold to maturity. With covered call ETFs, you are taking on more risk to underperform, which is the exact opposite of what a rational investor is supposed to do.