Amplify Lithium & Battery Technology ETF
Schedule of Investments
December 31, 2024 (Unaudited)

COMMON STOCKS - 99.5%	Shares		Value
Consumer Discretionary - 23.0%
BYD Co. Ltd. - Class H		91,237	$	3,131,824
EVgo, Inc. ^(a)(b)		59,262		240,011
Li Auto, Inc. - ADR ^(a)		44,157		1,059,326
Lotus Technology inc - ADR ^(a)(b)		110,270		401,383
Lucid Group, Inc. ^(a)(b)		196,340		592,947
NIO, Inc. - ADR ^(a)(b)		138,268		602,849
Polestar Automotive Holding UK PLC - ADR ^(a)(b)		334,255		350,968
QuantumScape Corp. ^(a)		118,226		613,593
Rivian Automotive, Inc. - Class A ^(a)(b)		62,179		826,981
Serve Robotics, Inc. ^(a)(b)		51,846		699,921
Tesla, Inc. ^(a)		11,679		4,716,447
Vinfast Auto Ltd. ^(a)(b)		101,624		409,545
XPeng, Inc. - ADR ^(a)		55,496		655,963
Yadea Group Holdings Ltd. ^(c)(d)		251,857		419,618
Zhejiang Leapmotor Technology Co. Ltd. ^(a)(c)(d)		107,678		451,278
				15,172,654

Industrials - 26.3%^(e)
Advanced Energy Solution Holding Co. Ltd.		31,684		1,101,733
Ballard Power Systems, Inc. ^(a)(b)		388,963		645,678
Bloom Energy Corp. - Class A ^(a)		55,864		1,240,739
Ceres Power Holdings PLC ^(a)		226,866		485,661
ChargePoint Holdings, Inc. ^(a)(b)		450,202		481,716
Contemporary Amperex Technology Co. Ltd. - Class A		131,012		4,774,352
Doosan Fuel Cell Co. Ltd. ^(a)		45,556		493,886
Ecopro BM Co. Ltd. ^(a)		6,684		498,979
Ecopro Materials Co. Ltd. ^(a)		7,539		336,967
Electreon Wireless Ltd. ^(a)		6,596		330,934
EnerSys		6,897		637,490
Enovix Corp. ^(a)(b)		63,670		692,093
Eos Energy Enterprises, Inc. ^(a)(b)		210,337		1,022,238
Fluence Energy, Inc. ^(a)		30,719		487,818
GS Yuasa Corp.		32,410		546,054
Kempower Oyj ^(a)(b)		35,864		359,610
L&F Co. Ltd. ^(a)		7,376		405,839
LG Energy Solution Ltd. ^(a)		3,751		886,695
Plug Power, Inc. ^(a)(b)		298,002		634,744
SK IE Technology Co. Ltd. ^(a)(c)(d)		24,521		375,606
Sungeel Hitech Co. Ltd. ^(a)		13,226		318,937
Vitzrocell Co. Ltd. ^(a)		39,703		570,403
				17,328,172

Information Technology - 12.7%
Daejoo Electronic Materials Co. Ltd. ^(a)		7,891		400,942
Dynapack International Technology Corp.		161,273		1,033,029
Kohoku Kogyo Co. Ltd.		28,500		534,698
Lotte Energy Materials Corp.		22,172		355,439
NAURA Technology Group Co. Ltd. - Class A		32,800		1,757,002
Phoenix Silicon International Corp.		124,961		531,716
Samsung SDI Co. Ltd.		5,082		854,393
Simplo Technology Co. Ltd.		55,979		677,871
SolarEdge Technologies, Inc. ^(a)(b)		38,593		524,865
TDK Corp.		128,980		1,698,885
				8,368,840

Materials - 37.5%^(e)
African Rainbow Minerals Ltd.		55,394		441,449
Albemarle Corp.		10,926		940,510
AMG Critical Materials NV		33,065		476,081
Aneka Tambang Tbk		5,636,730		534,080
Arcadium Lithium PLC ^(a)		143,448		735,888
BHP Group Ltd.		167,982		4,112,109
Dowa Holdings Co. Ltd.		18,113		512,959
Eramet SA		9,060		508,187
First Quantum Minerals Ltd. ^(a)		70,135		904,102
Ganfeng Lithium Group Co. Ltd. - Class H ^(c)(d)		266,362		689,342
GMK Norilskiy Nickel PAO - ADR ^(a)(f)		182,937		0
IGO Ltd.		181,000		534,383
Ivanhoe Electric, Inc. / US ^(a)		51,857		391,520
Jinchuan Group International Resources Co. Ltd.		6,815,055		456,288
Johnson Matthey PLC		34,182		573,416
Leo Lithium Ltd. ^(a)(f)		742,011		0
Lifezone Metals Ltd. ^(a)		75,878		527,352
Liontown Resources Ltd. ^(a)(b)		1,091,425		354,657
Lithium Americas Argentina Corp. ^(a)(b)		164,138		430,042
Lithium Americas Corp. ^(a)(b)		142,445		423,062
Lundin Mining Corp.		83,269		716,573
Merdeka Battery Materials Tbk PT ^(a)		16,876,498		480,238
Mineral Resources Ltd.		28,861		611,825
MP Materials Corp. ^(a)(b)		32,833		512,195
Nickel Industries Ltd.		951,394		485,814
Patriot Battery Metals, Inc. ^(a)		2,092,793		524,610
Pilbara Minerals Ltd. ^(a)		389,191		527,548
Resonac Holdings Corp.		30,067		767,225
Sigma Lithium Corp. ^(a)(b)		42,330		474,943
Sociedad Quimica y Minera de Chile SA - ADR ^(b)		20,706		752,870
South32 Ltd.		422,526		889,176
Standard Lithium Ltd. ^(a)(b)		251,666		367,432
Sumitomo Metal Mining Co. Ltd.		29,222		671,004
Tianqi Lithium Corp. - Class H		218,547		676,747
TMC the metals co., Inc. ^(a)(b)		531,592		595,383
Trimegah Bangun Persada Tbk PT		10,188,229		477,919
Umicore SA		54,625		563,287
Vale Indonesia Tbk PT ^(a)		2,205,655		496,084
Vulcan Energy Resources Ltd. ^(a)(b)		158,492		524,827
				24,661,127
TOTAL COMMON STOCKS (Cost $86,712,164)				65,530,793

SHORT-TERM INVESTMENTS - 18.4%			Value
Investments Purchased with Proceeds from Securities Lending - 17.1%
First American Government Obligations Fund - Class X, 4.39% ^(g)		11,247,218		11,247,218

Money Market Funds - 1.3%
Invesco Government & Agency Portfolio – Institutional Class, 4.42% ^(g)		843,724		843,724
TOTAL SHORT-TERM INVESTMENTS (Cost $12,090,942)				12,090,942

TOTAL INVESTMENTS - 117.9% (Cost $98,803,106)				77,621,735
Liabilities in Excess of Other Assets - (17.9)%				(11,781,628	)
TOTAL NET ASSETS - 100.0%			$	65,840,107
two				–	%
Percentages are stated as a percent of net assets.				–	%

The Global Industry Classification Standard ("GICS^®") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor’s Financial Services LLC (“S&P”). GICS^® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.

ADR - American Depositary Receipt

NV - Naamloze Vennootschap

OYJ - Julkinen Asakeyhtio

PLC - Public Limited Company

SA - Sociedad Anónima

(a)	Non-income producing security.
(b)	All or a portion of this security is on loan as of December 31, 2024. The total market value of these securities was $10,007,787 which represented 15.2% of net assets.
(c)	Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified institutional investors. As of December 31, 2024, the value of these securities total $1,935,844 or 2.9% of the Fund’s net assets.
(d)	Security is exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. As of December 31, 2024, the value of these securities total $1,935,844 or 2.9% of the Fund’s net assets.
(e)	To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.
(f)	Fair value determined using significant unobservable inputs in accordance with procedures established by and under the supervision of the Adviser, acting as Valuation Designee. These securities represented $0 or 0.0% of net assets as of December 31, 2024.
(g)	The rate shown represents the 7-day annualized effective yield as of December 31, 2024.

Summary of Fair Value Disclosure as of December 31, 2024 (Unaudited)

Amplify Lithium & Battery Technology ETF has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund’s securities as of December 31, 2024:

	Level 1		Level 2		Level 3			Total
Investments:
Common Stocks	$	65,530,793	$	–	$	–	^(a)	$	65,530,793
Investments Purchased with Proceeds from Securities Lending		11,247,218		–		–			11,247,218
Money Market Funds		843,724		–		–			843,724
Total Investments	$	77,621,735	$	–	$	–	^(a)	$	77,621,735

Refer to the Schedule of Investments for further disaggregation of investment categories.

Changes in valuation techniques may result in transfers into or out of assigned levels within the fair value hierarchy. There were [no] transfers into or out of Level 3 during the reporting period as compared to the security classifications from the prior year’s annual report.

(a)	Amount is less than $0.50.

Allocation of Portfolio Holdings by Country as of December 31, 2024
(% of Net Assets)
China	$	14,619,684		22.3	%
Australia		8,040,339		12.1
South Korea		5,498,086		8.3
Japan		4,730,825		7.2
Canada		4,606,882		7.1
Taiwan		3,344,349		5.1
Indonesia		1,988,321		3.0
United Kingdom		1,410,045		2.1
Israel		855,799		1.3
Chile		752,870		1.1
Belgium		563,287		0.9
IM		527,352		0.8
France		508,187		0.8
Netherlands		476,081		0.7
Brazil		474,943		0.7
Cayman Islands		456,288		0.7
South Africa		441,449		0.7
Vietnam		409,545		0.6
Finland		359,610		0.5
Russia		0		–
United States		27,557,793		41.9
Liabilities in Excess of Other Assets		(11,781,628	)	(17.9	)
	$	65,840,107		100.0	%

Secured Borrowings (Unaudited)

The Funds adopted guidance requiring entities to present gross obligations for secured borrowings by the type of collateral pledged and remaining time to maturity.

As of December 31, 2024, the Fund had loaned securities and received cash collateral for the loans. The cash collateral is invested by the Securities Lending Agent in accordance with approved investment guidelines. Those guidelines require the cash collateral to be invested in readily marketable, high quality, short-term obligations; however, such investments are subject to risk of payment delays or default on the part of the issuer or counterparty or otherwise may not generate sufficient interest to support the costs associated with securities lending. The Fund could also experience delays in recovering its securities and possible loss of income or value if the borrower fails to return the borrowed securities, although the Fund is indemnified from this risk by contract with the Securities Lending Agent.