EHY Ticker

Amplify Ethereum Max Income Covered Call ETF

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Distribution Rate i Distribution Rate is the normalized current distribution (annualized) over NAV per share. Distributions may include return of capital (ROC). Click on "All Distributions→" to view Form 19a-1.
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30-Day SEC Yield i 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.
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Distribution Frequency
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Overview

Why Invest in EHY ETF?

  • Max Income Focus: EHY seeks 50% – 80% annualized option premium1 plus weekly Ether price appreciation potential.
  • 4x More Options: EHY uses weekly call options seeking to collect premiums 4x more often than monthly options, enabling the potential for compounded income and enhanced Ether price returns.
  • Harvest Volatility: When Ether price volatility rises, EHY option income potential increases, using volatility to help enhance premium income and total returns.

Objective & Strategy

The Amplify Ethereum Max Income Covered Call ETF seeks to maximize current income through a covered call strategy tied to the investment exposure to the price return of Ether. EHY seeks 50-80% annualized option premium income, while offering Ether upside potential. By using weekly covered call option writing techniques, EHY seeks to harness Ether price volatility, transforming it into valuable income opportunities.

The Fund does not invest directly in Ether. Annualized option premium may vary significantly and reflects market conditions at the prospectus effective date; distributions are not guaranteed.

YieldSmart™ ETFs

EHY is part of Amplify’s YieldSmart™ suite, a family of investment solutions designed to balance attractive monthly option-based income with long-term capital appreciation, all in pursuit of compelling total return potential for today’s income investor.

Key Information

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Fund Details

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Portfolio Management

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EHY Weekly Covered Call Construction

Seeks 50%-80% Annual Premium Income

Buy

Buy long exposure to Ether through Ethereum exchange-traded products, futures, and options.

Write

Sell weekly calls on all of the portfolio, 5-10% OTM2, to maximize income and still provide 5-10% Ether upside potential weekly.

Roll

On a weekly basis replace expiring covered call options with new ones (roll) to help generate ongoing option premiums.

Distribute

EHY seeks to pay monthly distributions that include targeted option income premiums.

There is no guarantee distributions will be made. Given market volatility, the actual annualized option premium received may be significantly higher or lower than the stated range.

Performance & Holdings

Performance

The performance data quoted represents past performance and does not guarantee future results. 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 the original cost. Current performance may be lower or higher than the performance quoted. Brokerage commissions will reduce returns. NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The closing price is the last price at which the fund traded.

Top Strategic Holdings

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Holdings and allocations are subject to change at any time and should not be considered a recommendation to buy or sell a security. The ETF seeks to participate in the price return of Ether by selling options on Ethereum exchange traded products (ETPs).

Allocation

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Distributions & Yields

Distributions

Yields

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There is no guarantee that distributions will be made. Distributions may include income, capital gains, or return of capital and may vary during the year, details in the Fund’s Form 19a‑1.

Price

NAV/Market Price

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Daily Price/NAV Performance

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Premium/Discount

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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.

Literature

Fund Resources

Regulatory Resources

Insights

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How to Invest

Amplify ETFs trade throughout the day, similar to publicly-traded stocks, on an exchange. There are multiple ways to invest in Amplify ETFs:

  • Contact a Financial Advisor to discover how Amplify ETFs may fit within your portfolio.
  • Amplify ETFs are available through various online platforms and brokerage accounts.

Connect with your ETF Specialst or call (855) 267-3837

1An option premium is the cost an option buyer pays to the seller for the right to trade an asset at a set price within a certain period.

2OTM means calls are written using an out of the money strategy.

Investing involves risk, including the possible loss of principal. There is no guarantee the investment strategy will be successful. The Fund is considered to be non-diversified. The Fund is actively managed and its performance reflects the investment decisions that the Adviser makes for the Fund.

Ether is a highly speculative asset with a volatile market subject to rapid shifts, regulatory uncertainty, and adoption challenges. Issues such as slow transaction speeds, variable fees, and price swings amplify these risks.

Digital asset regulation remains unsettled, and trading of Ether ETP shares on U.S. exchanges may be halted due to market conditions or exchange discretion. Option prices are volatile and influenced by the underlying asset, interest and currency rates, and expected volatility –all shaped by political and economic policies. FLEX Options may be less liquid than standardized options, making timely exits difficult.

Covered call strategies may limit upside potential while still exposing the Fund to downside risk. Covered puts can incur substantial losses if the underlying asset rises sharply, with premiums offering limited protection. Monthly distributions may include return of capital, which lowers the investor’s cost basis and could result in higher future taxes upon sale –even if shares are sold at a loss.

ETF Express Award Methodologies: https://etfexpress.com/issuer-methodology/ 

Amplify Investments LLC serves as the investment adviser to the Fund. Kelly Strategic Management, LLC and Penserra Capital Management LLC each serve as investment sub-advisers to the Fund.

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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.

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.