Fund Details
Ticker | AIVC |
Inception |
03/08/2016 |
Primary Exchange | NYSE Arca |
CUSIP | 032108573 |
Net Assets | N/A |
Shares Outstanding | N/A |
# of Holdings (view all holdings) | 45 |
Expense Ratio: | 0.59% |
Index Details
Index Name | Bloomberg AI Value Chain Index |
Index Ticker | BAIVT |
Index Provider | Bloomberg Index Services Limited |
Weighting Methodology | Equal Weight |
Rebalance Frequency | Quarterly |
Index Website | Bloomberg.com |
Why Invest in AIVC?
- Targeted AI Value Chain Exposure: AIVC offers direct exposure to a cross-section of companies that are the backbone of the AI revolution including cloud computing, semiconductors and hardware.
- Expansive AI Growth Opportunity: The global AI market size is expected to grow from $638 billion in 2024 to a staggering $3.6 trillion by 2034 driven by rising spending in the public sector, governments, and by individuals.1
- Powered by Bloomberg Intelligence (BI) Research: Leveraging 400+ research professionals across 21 markets, the BI team utilizes proprietary research to evaluate data and trends for creating thematic index baskets.
Objective and Strategy
The Amplify Bloomberg AI Value Chain ETF (AIVC) seeks investment results that generally correlate (before fees and expenses) to the total return performance of the Bloomberg AI Value Chain Index. In an equal-weighted index approach, AIVC invests in a global mix of semiconductor, cloud/software and hardware companies that form the foundation of artificial intelligence (AI) technologies.
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.
Industry Allocation
Country Allocation
Market Capitalization
LARGE CAP (> $10B): | 88.23% |
MID CAP ($2B - $10B): | 11.77% |
SMALL CAP ($300M - < $2B): | 0.00% |
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 (03/08/16) |
1 Yr. | 3 Yr. | 5 Yr. | Since Inception (03/08/16) |
|
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 |
Bloomberg AI Value Chain Index TR | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Prime Global Cloud Technology 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 |
Bloomberg AI Value Chain Index TR | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Prime Global Cloud Technology 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 Bloomberg Al Value Chain Index is designed to track the performance of Al hardware, semiconductors, and cloud computing companies. The Prime Global Cloud Technology Index is designed to track the performance of cloud technology companies.
Prior to 10/21/24, AIVC was the Amplify Global Cloud Technology ETF (IVES) and tracked the Prime Global Cloud Technology Index, which tracks the performance of cloud technology companies. Prior to 1/29/24, IVES was Wedbush ETFMG Global Cloud Technology ETF.
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.
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 |
AIVC Distributions
EX-DATE | RECORD DATE | PAYABLE DATE | AMOUNT |
---|---|---|---|
2016 |
|||
06/20/16 | 06/22/16 | 06/23/16 | $0.0400 |
12/28/16 | 12/30/16 | 1/3/17 | $0.0369 |
2017 |
|||
06/20/17 | 06/22/17 | 06/23/17 | $0.1000 |
09/19/17 | 09/20/17 | 09/21/17 | $0.0400 |
12/26/17 | 12/27/17 | 12/28/17 | $0.0355 |
2018 |
|||
06/19/18 | 06/20/18 | 06/21/18 | $0.0900 |
12/24/18 | 12/26/18 | 12/27/18 | $0.0208 |
2019 |
|||
03/26/19 | 03/27/19 | 03/28/19 | $0.0300 |
06/28/19 | 07/01/19 | 07/02/19 | $0.1200 |
09/20/19 | 09/23/19 | 09/24/19 | $0.1300 |
12/30/19 | 12/31/19 | 1/02/20 | $0.1500 |
2020 |
|||
03/17/20 | 03/18/20 | 03/19/20 | $0.0800 |
12/14/20 | 12/15/20 | 12/16/20 | $0.1250 |
2021 |
|||
06/22/21 | 06/23/21 | 06/24/21 | $0.0011 |
2024 |
|||
03/26/24 | 03/27/24 | 03/28/24 | $0.00879 |
06/27/24 | 06/27/24 | 06/28/24 | |
09/27/24 | 09/27/24 | 09/30/24 | |
12/30/24 | 12/30/24 | 12/31/24 |
There is no guarantee that distributions will be made.
1precedenceresearch.com/artificial-intelligence-market
Investing involves risk, including the possible loss of principal. There can be no assurance that the Fund’s investment objectives will be achieved. Investments concentrated in specific industries, sectors, markets, or asset classes may underperform or experience greater volatility than the general securities market.
Investments in artificial intelligence or cloud technology companies are exposed to risks such as small markets, technological obsolescence, and government regulation. These companies, especially smaller ones, are more volatile and susceptible to adverse events in specific regions or industries.
International investing entails risks related to foreign currency, limited liquidity, less government regulation, and potential volatility from political, economic, or other developments, particularly in emerging markets and concentrated investments in single countries.
Investment Adviser: Amplify Investments LLC; Sub-Adviser: Penserra Capital Management LLC