Amplify CWP International Enhanced Dividend Income ETF is trading 3% down today amid a sharp equity market selloff following a much-stronger-than-expected U.S. jobs report.
- The robust employment data has led investors to price in a more hawkish Federal Reserve stance and a higher-for-longer interest rate environment.
- As a diversified dividend and option-income fund with global exposure, the ETF is being pulled lower by a broad risk-off move rather than any fund-specific news.