DIVO

DIVO is an actively managed large-cap U.S. equity ETF built to generate income from two engines: dividends and option premiums. It typically holds a focused basket of dividend-paying stocks selected from the S&P 500 universe and then tactically sells short-term call options on those holdings to boost cash flow. The trade-off is simple: you may get smoother income, but you can give up some upside when markets rip higher.