ADVE vs IDVO

ADVEFMatthews Asia Dividend Active ETF ADVE

IDVOBAmplify CWP International Enhanced Dividend Income ETF

In short

ADVE A dividend fund that skips the global tour and stays in Asia: roughly 70 actively picked names run for total return with income emphasized. Launched in 2023, it's the regional specialist sitting in a cohort of go-anywhere international dividend funds.

IDVO The covered-call income playbook, taken overseas. IDVO holds roughly 90 dividend-paying foreign companies as US-listed ADRs, writes calls on select names rather than the whole book, and pays monthly.

Stated mandate

ADVE The fund seeks total return while emphasizing current income.

IDVO IDVO primarily seeks current income and secondarily capital appreciation. It uses dividend-paying international ADRs and opportunistic covered-call writing to pursue those objectives.

Why people hold it

• ADVE Not an index sleeve. About 70 actively chosen Asian holdings, run to a stated mandate of total return with current income emphasized.
• The 0.79% fee lands right at the median for its peer group, and roughly a third of what active peer JHID charges at 2.17%.
• Straightforward plumbing: a 1940 Act fund holding stocks and paying quarterly. No leverage, no options overlay, no K-1.

• IDVO At 0.65%, it undercuts the median fee among international dividend-income funds, though peer VDI runs cheaper at 0.39%.
• Calls are written opportunistically on individual holdings rather than as a blanket index overlay, so the entire portfolio isn't capped at once.amplifyetfs.com
• Income is the stated first objective and capital appreciation the second, with cash going out monthly.
• A multi-billion-dollar fund in a thin category, and every holding is a US-listed ADR trading in dollars during US market hours.

Worth knowing

• ADVE Small and thinly traded, which can mean wider spreads and more price impact on size than the bigger names in the category.
• Broader, cheaper routes to international dividends live in the same cohort: VDI at 0.39%, BIDD at 0.60%. Neither is Asia-dedicated.
• It opened in 2023, so the live record is short, and on our review it sits toward the back of its peer group.

• IDVO The premium has a price: on any name where a call is written, gains above the strike go to the option buyer.amplifyetfs.com
• The ADR universe skews toward large, well-known foreign companies, so the roughly 90 names lean big rather than broad across developed and emerging markets.
• The prospectus discloses that part of a monthly payout can be return of capital, meaning your own money coming back rather than investment income.amplifyetfs.com

Full ADVE profile⁠

Full IDVO profile⁠