Amplify Lithium & Battery Technology ETF
  
Schedule of Investments
  
December 31, 2025 (Unaudited)
  
   
COMMON STOCKS - 99.2%
  
Shares
    
Value
 
Consumer Discretionary - 18.6%
        
BYD Co. Ltd. - Class H
    
362,575
    
$
4,442,099
  
Li Auto, Inc. - Class A (a)
    
136,222
      
1,135,081
  
Lucid Group, Inc. (a)(b)
    
57,045
      
602,966
  
NIO, Inc. - ADR (a)
    
176,940
      
902,394
  
QuantumScape Corp. (a)
    
83,067
      
865,558
  
Rivian Automotive, Inc. - Class A (a)
    
88,528
      
1,744,887
  
Tesla, Inc. (a)
    
11,939
      
5,369,207
  
Vinfast Auto Ltd. (a)(b)
    
266,867
      
891,336
  
Yadea Group Holdings Ltd. (c)(d)
    
623,871
      
911,434
  
Zhejiang Leapmotor Technology Co. Ltd. - Class H (a)(c)(d)
    
147,034
      
918,549
  
             
17,783,511
  
                 
Industrials - 18.2%
          
Advanced Energy Solution Holding Co. Ltd.
    
27,046
      
1,144,832
  
Bloom Energy Corp. - Class A (a)
    
16,958
      
1,473,481
  
Contemporary Amperex Technology Co. Ltd. - Class A
    
115,288
      
6,058,924
  
Ecopro BM Co. Ltd. (a)
    
12,180
      
1,239,518
  
Ecopro Materials Co. Ltd. (a)
    
26,055
      
942,324
  
EnerSys
    
10,150
      
1,489,512
  
Eos Energy Enterprises, Inc. (a)
    
84,821
      
972,049
  
LG Energy Solution Ltd. (a)
    
5,139
      
1,314,582
  
Plug Power, Inc. (a)(b)
    
462,046
      
910,231
  
Zhejiang Huayou Cobalt Co. Ltd. - Class A
    
194,452
      
1,899,400
  
             
17,444,853
  
                 
Information Technology - 3.7%
          
NAURA Technology Group Co. Ltd. - Class A
    
1
      
46
  
Samsung SDI Co. Ltd.
    
7,501
      
1,403,297
  
TDK Corp.
    
147,599
      
2,083,385
  
             
3,486,728
  
                 
Materials - 58.7% (e)
          
Albemarle Corp.
    
16,836
      
2,381,284
  
Antofagasta PLC
    
45,019
      
1,989,800
  
BHP Group Ltd.
    
228,056
      
6,923,286
  
Capstone Copper Corp. (a)
    
155,039
      
1,556,546
  
China Nonferrous Mining Corp. Ltd.
    
673,659
      
1,276,738
  
First Quantum Minerals Ltd. (a)
    
82,943
      
2,223,819
  
Freeport-McMoRan, Inc.
    
88,245
      
4,481,964
  
Ganfeng Lithium Group Co. Ltd. - Class H (c)(d)
    
238,826
      
1,594,178
  
GMK Norilskiy Nickel PAO - ADR (a)(f)
    
182,937
      
0
  
Grupo Mexico SAB de CV - Class B
    
261,838
      
2,474,793
  
Guangzhou Tinci Materials Technology Co. Ltd. - Class A
    
275,482
      
1,826,389
  
Hudbay Minerals, Inc.
    
85,842
      
1,703,964
  
Jiangxi Copper Co. Ltd. - Class A
    
246,179
      
1,934,725
  
Johnson Matthey PLC
    
46,089
      
1,324,514
  
Leo Lithium Ltd. (f)
    
742,011
      
0
  
Lundin Mining Corp.
    
96,739
      
2,079,196
  
Merdeka Battery Materials Tbk PT (a)
    
28,594,083
      
977,429
  
Mineral Resources Ltd. (a)
    
44,946
      
1,631,117
  
MMG Ltd. (a)
    
1,470,253
      
1,656,767
  
MP Materials Corp. (a)
    
25,524
      
1,289,472
  
PLS Group Ltd. (a)
    
693,958
      
1,954,342
  
Resonac Holdings Corp.
    
37,300
      
1,554,008
  
Sandfire Resources Ltd. (a)
    
126,837
      
1,516,837
  
Sociedad Quimica y Minera de Chile SA - ADR (a)
    
28,855
      
1,985,224
  
South32 Ltd.
    
746,414
      
1,773,310
  
Sumitomo Metal Mining Co. Ltd.
    
44,700
      
1,814,083
  
Teck Resources Ltd. - Class B
    
46,208
      
2,212,901
  
Tianqi Lithium Corp. - Class H (a)
    
239,531
      
1,571,184
  
Trimegah Bangun Persada Tbk PT
    
16,427,741
      
1,108,318
  
Umicore SA
    
66,716
      
1,403,441
  
             
56,219,629
  
TOTAL COMMON STOCKS (Cost $80,059,204)
      
94,934,721
  
                 
SHORT-TERM INVESTMENTS
  
MONEY MARKET FUNDS - 2.2%
  
Shares
    
Value
 
Invesco Government & Agency Portfolio - Institutional Class, 3.68% (g)
    
2,147,759
      
2,147,759
  
TOTAL MONEY MARKET FUNDS (Cost $2,147,759)
      
2,147,759
  
                 
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 1.5%
  
Shares
    
Value
 
First American Government Obligations Fund - Class X, 3.67% (g)
    
1,404,228
      
1,404,228
  
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $1,404,228)
      
1,404,228
  
                 
TOTAL INVESTMENTS - 102.9% (Cost $83,611,191)
      
98,486,708
  
Liabilities in Excess of Other Assets - (2.9)%
      
(2,749,191
)
TOTAL NET ASSETS - 100.0%
          
$
95,737,517
  
                 
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
PLC - Public Limited Company

(a)
Non-income producing security.
(b)
All or a portion of this security is on loan as of December 31, 2025. The fair value of these securities was $1,328,852.
(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, 2025, the value of these securities total $3,424,161 or 3.6% 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, 2025, the value of these securities total $3,424,161 or 3.6% of the Fund’s net assets.
(e)
To the extent that the Fund invests more heavily in particular industries or sectors 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, 2025.
(g)
The rate shown represents the 7-day annualized yield as of December 31, 2025.


Summary of Fair Value Disclosure as of December 31, 2025 (Unaudited)
 
Amplify Lithium & Battery Technology ETF (the "Fund") has adopted fair value accounting standards which establish a 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 valuation 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 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, 2025:

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments:
                        
  Common Stocks
  
$
94,934,721
    
$
–
    
$
0
    
$
94,934,721
  
  Investments Purchased with Proceeds from Securities Lending
    
1,404,228
      
–
      
–
      
1,404,228
  
  Money Market Funds
    
2,147,759
      
–
      
–
      
2,147,759
  
Total Investments
  
$
98,486,708
    
$
–
    
$
0
    
$
98,486,708
  
   
Refer to the Schedule of Investments for further disaggregation of investment categories.