Amplify Cash Flow Dividend Leaders ETF
  
Schedule of Investments
  
December 31, 2025 (Unaudited)
  
   
COMMON STOCKS - 98.9%
  
Shares
    
Value
 
Communication Services - 15.5%
        
AT&T, Inc.
    
17,515
    
$
435,072
  
Comcast Corp. - Class A
    
17,835
      
533,088
  
Fox Corp. - Class A
    
5,671
      
414,380
  
Match Group, Inc.
    
14,548
      
469,755
  
Nexstar Media Group, Inc.
    
2,994
      
607,932
  
Omnicom Group, Inc.
    
6,352
      
512,924
  
T-Mobile US, Inc.
    
1,876
      
380,903
  
Verizon Communications, Inc.
    
11,166
      
454,791
  
             
3,808,845
  
                 
Consumer Discretionary - 15.6%
          
Abercrombie & Fitch Co. - Class A (a)
    
4,594
      
578,247
  
BorgWarner, Inc.
    
11,301
      
509,223
  
Crocs, Inc. (a)
    
5,643
      
482,589
  
Expedia Group, Inc.
    
1,758
      
498,059
  
Gap, Inc.
    
18,430
      
471,808
  
Gentex Corp.
    
14,405
      
335,204
  
Lear Corp.
    
4,410
      
505,386
  
LKQ Corp.
    
14,913
      
450,373
  
             
3,830,889
  
                 
Consumer Staples - 2.0%
          
Molson Coors Beverage Co. - Class B
    
10,497
      
490,000
  
                 
Energy - 16.1%
          
Chord Energy Corp.
    
4,869
      
451,356
  
Coterra Energy, Inc.
    
18,130
      
477,182
  
EQT Corp.
    
10,740
      
575,664
  
Magnolia Oil & Gas Corp. - Class A
    
19,598
      
429,000
  
Matador Resources Co.
    
13,438
      
570,309
  
Ovintiv, Inc.
    
11,806
      
462,677
  
Range Resources Corp.
    
16,487
      
581,332
  
SLB Ltd.
    
10,719
      
411,395
  
             
3,958,915
  
                 
Financials - 5.7%
          
Global Payments, Inc.
    
6,121
      
473,765
  
PayPal Holdings, Inc.
    
8,041
      
469,434
  
WEX, Inc. (a)
    
3,179
      
473,607
  
             
1,416,806
  
                 
Health Care - 4.3%
          
Merck & Co., Inc.
    
6,298
      
662,928
  
Zimmer Biomet Holdings, Inc.
    
4,572
      
411,114
  
             
1,074,042
  
                 
Industrials - 17.1%
          
Delta Air Lines, Inc.
    
8,791
      
610,095
  
FedEx Corp.
    
2,162
      
624,515
  
Fortune Brands Innovations, Inc.
    
7,182
      
359,244
  
Genpact Ltd.
    
13,262
      
620,396
  
Leidos Holdings, Inc.
    
3,265
      
589,006
  
Oshkosh Corp.
    
2,985
      
375,006
  
Owens Corning
    
5,319
      
595,249
  
Textron, Inc.
    
4,891
      
426,349
  
             
4,199,860
  
                 
Information Technology - 13.1%
          
Cognizant Technology Solutions Corp. - Class A
    
7,387
      
613,121
  
Dropbox, Inc. - Class A (a)
    
18,083
      
502,707
  
NetApp, Inc.
    
2,991
      
320,306
  
QUALCOMM, Inc.
    
3,373
      
576,952
  
Salesforce, Inc.
    
1,340
      
354,980
  
Skyworks Solutions, Inc.
    
6,632
      
420,535
  
Vontier Corp.
    
11,639
      
432,738
  
             
3,221,339
  
                 
Materials - 7.1%
          
Celanese Corp.
    
11,369
      
480,681
  
CF Industries Holdings, Inc.
    
6,463
      
499,849
  
Crown Holdings, Inc.
    
3,721
      
383,151
  
Sealed Air Corp.
    
9,455
      
391,721
  
             
1,755,402
  
                 
Utilities - 2.4%
          
NRG Energy, Inc.
    
3,655
      
582,022
  
TOTAL COMMON STOCKS (Cost $23,951,166)
      
24,338,120
  
                 
SHORT-TERM INVESTMENTS
  
MONEY MARKET FUNDS - 1.0%
  
Shares
    
Value
 
Invesco Government & Agency Portfolio - Institutional Class, 3.68% (b)
    
253,042
      
253,042
  
TOTAL MONEY MARKET FUNDS (Cost $253,042)
      
253,042
  
                 
TOTAL INVESTMENTS - 99.9% (Cost $24,204,208)
      
24,591,162
  
Other Assets in Excess of Liabilities - 0.1%
      
17,179
  
TOTAL NET ASSETS - 100.0%
          
$
24,608,341
  
                 
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.
  

(a)
Non-income producing security.
(b)
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 Cash Flow Dividend Leaders 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
  
$
24,338,120
    
$
–
    
$
–
    
$
24,338,120
  
  Money Market Funds
    
253,042
      
–
      
–
      
253,042
  
Total Investments
  
$
24,591,162
    
$
–
    
$
–
    
$
24,591,162
  
   
Refer to the Schedule of Investments for further disaggregation of investment categories.