(IDVO) Amplify International - Ratings and Ratios

The Amplify International Enhanced Dividend Income ETF (IDVO) is an exchange-traded fund that primarily invests in dividend-paying U.S. exchange-traded American Depositary Receipt (ADR) securities from outside the U.S., with a minimum of 80% of its net assets allocated to such securities. The fund also employs an option strategy by selling U.S. exchange-traded covered call option contracts on its Equity Securities, indicating an opportunistic approach to enhance returns.

As a Foreign Large Blend ETF, IDVO provides exposure to large-cap international stocks with a blend of growth and value characteristics. The funds non-diversified nature means it may be more susceptible to volatility due to its concentrated holdings. To evaluate its performance, we can consider key performance indicators (KPIs) such as dividend yield, expense ratio, and tracking error. A higher dividend yield could indicate a more attractive income stream, while a lower expense ratio would suggest cost efficiency. Tracking error, on the other hand, would help assess the funds ability to replicate its underlying index or achieve its investment objective.

From a quantitative perspective, we can analyze IDVOs price movements and volatility. The funds Average True Range (ATR) of 0.38, representing a 1.12% daily price range, suggests moderate volatility. To further assess its risk-return profile, we can examine metrics such as the Sharpe ratio, beta, and standard deviation. A higher Sharpe ratio would indicate better risk-adjusted returns, while a beta close to 1 would suggest that the funds price movements are largely in line with the broader international market. Standard deviation would provide additional insight into the funds overall volatility.