Amplify CWP Growth & Income ETF (QDVO) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QDVO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QDVO
QDVO charges 0.56% annually. There are 47 ETFs in the Derivative Income category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Equity Plus ETF | 0.10% | 27.32M | Nov 2024 | QDVO vs PEPS | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 303.13M | Mar 2024 | QDVO vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | 45.59M | Sep 2024 | QDVO vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 185.18M | Apr 2024 | QDVO vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | 768.95M | Jul 2024 | QDVO vs QQA |
Best Risk-Adjusted Alternatives to QDVO
QDVO has a PortfoliosLab risk / return rank of 46. There are 73 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 96 | 1.16B | Apr 2025 | QDVO vs CHPY | |
| SoFi Enhanced Yield ETF | 95 | 34.73M | Nov 2023 | QDVO vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 262.22M | Jul 2023 | QDVO vs GOOY | |
| YieldMax AMD Option Income Strategy ETF | 91 | 409.32M | Sep 2023 | QDVO vs AMDY | |
| Simplify Treasury Option Income ETF | 87 | 465.86M | Oct 2022 | QDVO vs BUCK |
Top Performing QDVO Alternatives (YTD)
QDVO is at 5.23% YTD. There are 108 ETFs in the Derivative Income category with higher YTD returns, going as high as 19,132.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| REX HOOD Growth & Income ETF | 19,132.59% | 1.44M | Nov 2025 | QDVO vs HOII | |
| REX CRWV Growth & Income ETF | 13,199.78% | 2.19M | Nov 2025 | QDVO vs CWII | |
| Roundhill ARM WeeklyPay ETF | 287.65% | 17.52M | Oct 2025 | QDVO vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 175.60% | 83.00M | Jul 2025 | QDVO vs AMDW | |
| YieldMax AMD Option Income Strategy ETF | 101.64% | 409.32M | Sep 2023 | QDVO vs AMDY |
Lowest Volatility Alternatives to QDVO
QDVO has 12.67% 1-year volatility. There are 79 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.98%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.98% | 465.86M | Oct 2022 | QDVO vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.86% | 90.05M | Feb 2025 | QDVO vs HYTI | |
| Main Buywrite ETF | 4.88% | 1.23B | Dec 2015 | QDVO vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.11% | 292.66M | Feb 2025 | QDVO vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 5.50% | 50.16M | Aug 2021 | QDVO vs XRMI |
Lowest Drawdown Alternatives to QDVO
QDVO has a 1-year max drawdown of -10.21%. There are 77 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -1.31% | 465.86M | Oct 2022 | QDVO vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.05M | Feb 2025 | QDVO vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.23B | Dec 2015 | QDVO vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | QDVO vs THTA | |
| VistaShares Target 15™ Berkshire Select Income ETF | -3.00% | 774.36M | Mar 2025 | QDVO vs OMAH |
Other ETFs from Amplify
The 10 most viewed Amplify ETFs shown here include DIVO, IDVO, SILJ and span 12 categories. AUM among these funds goes as high as $7B.
Often Compared With QDVO
Investors most often compare QDVO with QQQI, JEPQ, GPIQ. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare QDVO with Any Fund or Stock
Compare QDVO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QDVO with funds that move differently
Amplify CWP Growth & Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QDVO.
Explore QDVO Diversifiers