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 45 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% | 27.28M | Nov 2024 | QDVO vs PEPS | |
| State Street US Equity Premium Income ETF | 0.25% | 46.44M | Sep 2024 | QDVO vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | 292.36M | Mar 2024 | QDVO vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | 166.08M | Apr 2024 | QDVO vs FYEE | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | 344.74M | Dec 2007 | QDVO vs PBP |
Best Risk-Adjusted Alternatives to QDVO
QDVO has a PortfoliosLab risk / return rank of 62. There are 55 ETFs in the Derivative Income category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Semiconductor Portfolio Option Income ETF | 97 | 1.02B | Apr 2025 | QDVO vs CHPY | |
| SoFi Enhanced Yield ETF | 92 | 34.73M | Nov 2023 | QDVO vs THTA | |
| YieldMax GOOGL Option Income Strategy ETF | 92 | 298.09M | Jul 2023 | QDVO vs GOOY | |
| Global X NASDAQ 100 Covered Call ETF | 88 | 8.41B | Dec 2013 | QDVO vs QYLD | |
| YieldMax TSM Option Income Strategy ETF | 88 | 117.86M | Aug 2024 | QDVO vs TSMY |
Top Performing QDVO Alternatives (YTD)
QDVO is at 9.80% YTD. There are 68 ETFs in the Derivative Income category with higher YTD returns, going as high as 363.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill ARM WeeklyPay ETF | 363.23% | 14.71M | Oct 2025 | QDVO vs ARMW | |
| Roundhill AMD WeeklyPay ETF | 192.40% | 90.88M | Jul 2025 | QDVO vs AMDW | |
| YieldMax Semiconductor Portfolio Option Income ETF | 85.77% | 1.02B | Apr 2025 | QDVO vs CHPY | |
| Defiance Oil Enhanced Options Income ETF | 62.18% | 62.15M | May 2024 | QDVO vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 51.59% | 82.87M | Oct 2023 | QDVO vs MRNY |
Lowest Volatility Alternatives to QDVO
QDVO has 12.22% 1-year volatility. There are 76 ETFs in the Derivative Income category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | 20.88M | Dec 2018 | QDVO vs IPDP | |
| Simplify Treasury Option Income ETF | 3.14% | 438.06M | Oct 2022 | QDVO vs BUCK | |
| FT Vest High Yield & Target Income ETF | 3.83% | 90.68M | Feb 2025 | QDVO vs HYTI | |
| Main Buywrite ETF | 4.85% | 1.21B | Dec 2015 | QDVO vs BUYW | |
| FT Vest Investment Grade & Target Income ETF | 5.10% | 287.53M | Feb 2025 | QDVO vs LQTI |
Lowest Drawdown Alternatives to QDVO
QDVO has a 1-year max drawdown of -10.21%. There are 72 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% | 438.06M | Oct 2022 | QDVO vs BUCK | |
| FT Vest High Yield & Target Income ETF | -2.38% | 90.68M | Feb 2025 | QDVO vs HYTI | |
| Main Buywrite ETF | -2.59% | 1.21B | 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 10 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 9 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