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 50 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% | 29.05M | Nov 2024 | QDVO vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.39M | Sep 2024 | QDVO vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 329.53M | Mar 2024 | QDVO vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 198.84M | Apr 2024 | QDVO vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | 438.36M | Oct 2023 | QDVO vs PAPI |
Best Risk-Adjusted Alternatives to QDVO
QDVO has a PortfoliosLab risk / return rank of 52. There are 90 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SoFi Enhanced Yield ETF | 96 | 34.73M | Nov 2023 | QDVO vs THTA | |
| Global X S&P 500 Covered Call ETF | 94 | 3.24B | Jun 2013 | QDVO vs XYLD | |
| Invesco S&P 500 BuyWrite ETF | 94 | 358.08M | Dec 2007 | QDVO vs PBP | |
| Simplify Treasury Option Income ETF | 93 | 489.70M | Oct 2022 | QDVO vs BUCK | |
| Global X Russell 2000 Covered Call ETF | 93 | 1.37B | Apr 2019 | QDVO vs RYLD |
Top Performing QDVO Alternatives (YTD)
QDVO is at 7.82% YTD. There are 124 ETFs in the Derivative Income category with higher YTD returns, going as high as 150.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill AMD WeeklyPay ETF | 150.89% | 114.09M | Jul 2025 | QDVO vs AMDW | |
| Roundhill ARM WeeklyPay ETF | 133.71% | 22.04M | Oct 2025 | QDVO vs ARMW | |
| YieldMax AMD Option Income Strategy ETF | 90.29% | 382.78M | Sep 2023 | QDVO vs AMDY | |
| YieldMax MRNA Option Income Strategy ETF | 62.69% | 106.87M | Oct 2023 | QDVO vs MRNY | |
| YieldMax Target 12™ Semiconductor Option Income ET... | 59.66% | 64.01M | Dec 2024 | QDVO vs SOXY |
Lowest Volatility Alternatives to QDVO
QDVO has 13.27% 1-year volatility. There are 89 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 2.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | 2.47% | 489.70M | Oct 2022 | QDVO vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | 2.94% | 112.06M | Aug 2022 | QDVO vs HYGW | |
| FT Vest Laddered Autocallable Barrier & Resilient ... | 3.76% | 289.20M | Apr 2026 | QDVO vs ACYS | |
| FT Vest High Yield & Target Income ETF | 3.81% | 90.28M | Feb 2025 | QDVO vs HYTI | |
| Main Buywrite ETF | 4.87% | 1.30B | Dec 2015 | QDVO vs BUYW |
Lowest Drawdown Alternatives to QDVO
QDVO has a 1-year max drawdown of -10.21%. There are 91 ETFs in the Derivative Income category with shallower 1-year drawdowns, going as shallow as -0.84%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.84% | 489.70M | Oct 2022 | QDVO vs BUCK | |
| iShares High Yield Corporate Bond Buywrite Strateg... | -1.82% | 112.06M | Aug 2022 | QDVO vs HYGW | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.28M | Feb 2025 | QDVO vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.30B | Dec 2015 | QDVO vs BUYW | |
| SoFi Enhanced Yield ETF | -2.64% | 34.73M | Nov 2023 | QDVO vs THTA |
Other ETFs from Amplify
The 10 most viewed Amplify ETFs shown here include DIVO, IDVO, SILJ and span 15 categories. AUM among these funds goes as high as $8B.
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