Amplify COWS Covered Call ETF
$25.60−0.01 (−0.04%)
- 0.65%
- $19M
- +19.8%
- 10.90%
- 6.89K sh
- low $22.66high $26.53
The ETF.net HCOW Grade
B
Score 66 out of 100
- 13 of 51
Score 66 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A81 out of 100Rank 10 of 51Mission
Whether the fund did what it promised, tested against its stated mandate.A75 out of 100Rank 1 of 3Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C52 out of 100Rank 26 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C45 out of 100Rank 31 of 51Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A77 out of 100Rank 9 of 43Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B63 out of 100Rank 17 of 51
Our read on HCOW
In short
BMost option-income funds write calls on a broad index. HCOW writes them on cash cows: the free-cash-flow-rich dividend payers inside Amplify's COWS strategy, roughly 80 names, with the premium paid out monthly.
Stated mandate
HCOW seeks current income through equity securities held by the COWS ETF together with written covered call options that reference those securities.
Why people hold it
Worth knowing
HCOW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
HCOW$11,984
Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | HCOW |
|---|---|
| Year to date | +16.4% |
| 1 month | +6.4% |
| 3 months | +2.1% |
| 1 year | +19.8% |
| 3 years | +14.0% |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | HCOW |
|---|---|---|
| 2026 YTD | +16.4% | |
| 2025 | +5.7% | |
| 2024 | +7.6% | |
| 2023 | +6.5% |
HCOW in the news
HCOW Dividends
- 10.90%
- $2.79
- $0.21 per share
- Monthly
HCOW Risk
- 15.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.61
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −24.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.69
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
HCOW Cost
Overpaying vs RECI, cheapest in Active Option Income
$6,568
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
HCOW 0.65%
$12,717
RECI 0.30% Cheapest
$6,149
Cost over time
Year by year
| Year | HCOW | RECI | Overpaying |
|---|---|---|---|
| 10 | $1,163 | $545 | $618 |
| 20 | $4,440 | $2,113 | $2,327 |
| 30 | $12,717 | $6,149 | $6,568 |
Other funds in Active Option Income
- BADMEAptus Drawdown Managed Equity ETFExpense ratio 0.79%1 year return +9.2%
- BCTIFCastellan Targeted Income ETFExpense ratio 0.45%1 year return +14.2%
- BCTEFCastellan Targeted Equity ETFExpense ratio 0.45%1 year return +21.7%
- BYLDWWestwood Enhanced Income Opportunity ETFExpense ratio 0.79%1 year return
- BEDGEMRBL Enhanced Equity ETFExpense ratio 0.74%1 year return +16.6%
