DIVO vs EGGY

DIVOAAmplify CWP Enhanced Dividend Income ETF

EGGYFNestYield Dynamic Income ETF

In short

DIVO A hand-picked book of roughly 30 blue-chip dividend payers, with covered calls written tactically on individual names instead of blanketed over an index. Two income engines, paid monthly, running since 2016.

EGGY Most S&P 500 income funds just sell calls and hope. EGGY works both sides: an actively picked basket of U.S. stocks, with options used to generate income and to hedge deep market declines, paid out monthly. Capped upside is the price of admission.

Stated mandate

DIVO Seeks a high level of risk-adjusted total return through current income and capital appreciation. It primarily uses U.S. dividend-paying equities and tactically writes covered calls on portfolio holdings for additional income.

EGGY The Fund seeks high current income while actively investing in selected U.S.-listed equity securities. Options are used to limit potential upside and hedge against significant market declines.

Why people hold it

• DIVO Fee of 0.56% a year sits well below the typical options-income fund, and the same tactical covered-call playbook has been running since 2016.
• Calls are written selectively on chosen holdings rather than automatically across the whole portfolio, so names left uncovered keep their room to run.amplifyetfs.com
• Income arrives monthly, sourced from stock dividends plus option premium rather than premium alone.
• Actively traded and multi-billion in size, which tends to keep the spread you pay on the way in and out modest.

• EGGY The options sleeve cuts both ways: it limits potential upside, but it is also written to hedge against significant market declines, not only to harvest premium.
• Income follows a stated policy, a monthly percentage-of-NAV range, rather than whatever option premium the market happens to hand over that month.
• Genuinely active: managers select the U.S.-listed stocks instead of renting the whole index, with the S&P 500 as the reference point.

Worth knowing

• DIVO Every call sold hands back part of a big move up in that stock. That capped upside is the price of the extra income.amplifyetfs.com
• About 30 holdings means each name carries real weight, so a single stumble shows up more than it would in a broad index fund.
• Cheaper options-income peers exist (PAPI at 0.29%, TCAL at 0.34%), though they run different selection and overlay rules.

• EGGY Costs 0.92% net of a waiver through March 30, 2027 (0.98% gross), above the category median. JEPI runs 0.35% and SPIN 0.25%, neither on a waiver.
• Options are used to limit potential upside, so a fast-rising S&P 500 is the one market where this structure lags plain index exposure by design.
• A December 2024 launch, so there is little history across different market conditions, and the fund sits in the lower half of its peer group on our review.

Full DIVO profile⁠

Full EGGY profile⁠