Audio Commentary by Tim Seymour, IDVO Portfolio Manager
Key Takeaways:
- International Valuations Offer a Compelling Edge: Despite a weak March, international equities have outperformed U.S. markets by roughly 21% over the past 15 months, with more attractive price-to-earnings growth ratios supported by stronger European earnings growth and lower valuations.
- AI and Semiconductors are a Global Story: Korea and Taiwan, are major beneficiaries of the AI semiconductor boom, with firms such as TSMC, Samsung, and ASML well positioned to meet the surging demands—supported by Samsung’s projected ~ $185 billion in profits this year.
- IDVO's Covered Call Overlay Enhances International Income: International stocks typically offer higher dividend yields than U.S. equities, and IDVO's covered call overlay is designed to further enhance income while maintaining exposure to high-quality global companies.
EXPLORE INTERNATIONAL INVESTING
IDVO: Amplify CWP International Enhanced Dividend Income ETF
IDVO is an ETF of high-quality international large and mid-cap companies through American Depositary Receipts (ADRs) with a history of dividend and earnings growth, along with a tactical covered call strategy on individual securities.
Fund Page | Fact Sheet | Performance | Holdings | Insights | Prospectus
DEFINITIONS:
Mean reversion is a financial theory positing that asset prices and historical returns eventually revert to their long-term mean or average level.
Mag 7: The Magnificent 7 consists of stocks from 7 of the world’s most well-known tech companies including Alphabet (GOOG), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT) NVIDIA (NVDA), and Tesla (TSLA). View IDVO Top 10 Holdings
DAX is a stock market index consisting of the 40 major German blue chip companies trading on the Frankfurt Stock Exchange. It is a total return index.), the S&P 500 index and the general index disclosure, Indexes are unmanaged and it is not possible to directly invest in them.
Earnings revisions are adjustments made by analysts to their estimates of a company's future earnings per share (EPS).
Spread differential measures the difference in yields or interest rates between two financial instruments of varying credit quality, highlighting market perceptions of risk.
DeepSeek is a research company focused on cost-efficient, high-performance language models.
Capital expenditures (CapEx) are funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technology, or equipment.
1 fortune.com/2025/11/14/are-tech-stocks-in-ai-bubble-goldman-forecast-underperforming-next-decade/
The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. For most recent month end performance, click here. Brokerage commissions will reduce returns. NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The closing price is the last price at which the fund traded.
This material is accompanied by the Funds' prospectus. Carefully consider the Funds' investment objectives, risks, charges, and expenses before investing. This and other information can be found in the Fund’s statutory and summary prospectuses, which may be obtained at AmplifyETFs.com. Read the prospectus carefully before investing.
Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. There can be no assurance that the Fund’s investment objectives will be achieved.
The Fund is subject to management risk because it is actively managed. Covered call risk is the risk that the Fund will forgo, during the option’s life, the opportunity to profit from increases in the market value of the security covering the call option above the sum of the premium and the strike price of the call, but has retained the risk of loss should the price of the underlying security decline.
Investments in foreign securities involve greater volatility and political, economic, and currency risks and differences in accounting methods. Investments in emerging market issuers are subject to a greater risk of loss than investments in issuers located or operating in more developed markets.
There is no guarantee that a company will pay or continually increase its dividends. The Fund intends to estimate annual income and pay in monthly installments. In doing so, some portion of the distribution could be considered a return of capital for tax purposes.
Because the Fund is non-diversified and can invest a greater portion of its assets in securities of individual issuers than a diversified fund, changes in the market value of a single investment could cause greater fluctuations in Share price than would occur in a diversified fund.
Amplify Investments LLC serves as the investment adviser to the Fund. Capital Wealth Planning, LLC, Penserra Capital Management LLC, and Seymour Asset Management LLC each serve as investment sub-advisers to the Fund.
Amplify ETFs are distributed by Foreside Fund Services, LLC.