Fund Details
| Ticker | QDVO |
| Inception | 08/22/2024 |
| Primary Exchange | NYSE Arca |
| CUSIP | 032108524 |
| Net Assets | N/A |
| Shares Outstanding | |
| # of Holdings (view all holdings) | N/A |
| Expense Ratio: | 0.55% |
Fund Characteristics
| Weighted Avg. Market Cap | N/A |
| Price-to-earnings | N/A |
| Price-to-book | N/A |
| Standard deviation | N/A |
Standard deviation measures how dispersed returns are around the average. A higher standard deviation indicates that returns are spread out over a larger range of values and thus, more volatile.
Index Details
| Index Name | EQM Lithium & Battery Technology Index |
| Index Ticker | BATTIDX |
| Index Provider | EQM Indexes |
| Weighting Methodology | Modified market-cap |
| Rebalance Frequency | Quarterly |
| Index Website | eqmindexes.com |
Fund Documents
Why Invest in QDVO ETF?
- Growth and High Income Potential: Seeking capital appreciation from growth-oriented stocks, with high monthly income from option premiums and dividends.
- Equity Exposure and Lower Volatility: Covered calls and dividends may help reduce volatility versus the overall market during times of broad-based market declines.
- Active Management: Allows the portfolio manager (CWP) to identify opportunities and risks, and act on those decisions in real time.
Objective and Strategy
The Amplify CWP Growth & Income ETF (QDVO), an actively managed ETF, seeks to provide capital appreciation and, secondarily, high current income. QDVO consists primarily of large-cap dividend growth stocks and is designed to offer high levels of total return on a risk-adjusted basis.
Yield
| Distribution Frequency | Monthly | 30-Day SEC Yield** | N/A | |
| Distribution Rate* | N/A | |||
* The Distribution Rate is computed as the normalized current distribution (annualized) over NAV per share. In addition to net interest income, distributions may include capital gains and return of capital (ROC). Please click here for more information.
** 30-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent month end. This figure reflects the income earned from dividends – excluding option income – during the period after deducting the Fund’s expenses for the period.
NAV and Market Price
| Previous Day's NAV | Previous Day's Market Price | |||
|---|---|---|---|---|
| Net Asset Value | N/A | Closing Price | N/A | |
| Daily Change | N/A | Daily Change | N/A | |
| % Daily Change | N/A | % Daily Change | N/A | |
| 30-Day Median Bid/Ask Spread | N/A | Premium/Discount % | N/A | |
| Premium Discount History | ||||
Daily Price/NAV Performance
Fund Holdings
| TOP 10 HOLDINGS | |||
|---|---|---|---|
Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
QDVO Selection Methodology
Growth Equities
Portfolio of large-cap growth equities with historically strong earnings and cash flow characteristics.
Sector Allocation
Relatively balanced across a variety of GICS Sectors with CWP determining which sectors to over- and under-weight based on various factors.
Security Selection
Consists of 20-40 stocks, which are screened and included based on attributes that we believe are attractive including earnings growth, cash flow, relative performance and management track record.
Tactical Covered Call Writing
Covered call options are written on individual stocks on a tactical basis and may also be tactically written against broad market indexes.
Sector Allocation
Market Capitalization
| LARGE CAP (> $10B): | N/A |
| MID CAP ($2B - $10B): | N/A |
| SMALL CAP ($300M - < $2B): | N/A |
| MICRO CAP (<$300M): |
Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
Performance
| CUMULATIVE (%) | ANNUALIZED (%) | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Mo. | 3 Mo. | 6 Mo. | YTD | Since Inception (08/22/24) |
1 Yr. | 3 Yr. | 5 Yr. | Since Inception (08/22/24) |
|
| Month end as of TBD | |||||||||
| Fund NAV | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Closing Price | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| S&P 500 Growth Index | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Quarter end as of TBD | |||||||||
| Fund NAV | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Closing Price | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| S&P 500 Growth Index | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Short-term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Brokerage commissions will reduce returns. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The closing price or market price is the most recent price at which the fund was traded.
Indexes are unmanaged and it's not possible to invest directly in an index. The S&P 500 Growth Index is a benchmark that measures the performance of large-cap growth stocks in the U.S. equity market from the S&P 500.
Premium/Discount
The table and line graph are provided to show the frequency at which the closing price of the Fund was at a premium (above) or discount (below) to the Fund's daily net asset value ("NAV"). The table and line graph represent past performance and cannot be used to predict future results. Shareholders may pay more than NAV when buying Fund shares and receive less than an NAV when those shares are sold because shares are bought and sold at current market prices.
This is your Counts mockup
| Calendar Year | Calendar Year through | |
|---|---|---|
| Days traded at premium | N/A | N/A |
| Days traded at net asset value | N/A | N/A |
| Days traded at discount | N/A | N/A |
There is no guarantee that distributions will be made.
*A covered call refers to a financial transaction in which the investor selling call options owns an equivalent amount of the underlying security.
Investing involves risk, including the possible loss of principal. You could lose money by investing in the Fund. There can be no assurance that the Fund’s investment objectives will be achieved. The fund is new with limited operating history. The Fund will forgo, during the option’s life, the opportunity to profit from increases in the market value of the security covering the call option above the sum of the premium and the strike price of the call, but has retained the risk of loss should the price of the underlying security decline. Growth stocks tend to be more volatile than certain other types of stocks and their prices usually fluctuate more dramatically than the overall stock market. Large-capitalization companies may be less able than smaller-capitalization companies to adapt to changing market conditions. The Fund is non-diversified and can invest a greater portion of its assets in securities of individual issuers than a diversified fund.
Amplify Investments LLC serves as the investment adviser to the Fund. Capital Wealth Planning, LLC and Penserra Capital Management LLC each serve as investment sub-advisers to the Fund.
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