Amplify CWP Enhanced Dividend Income ETF
  
Schedule of Investments
  
December 31, 2025 (Unaudited)
  
   
COMMON STOCKS - 92.2%
  
Shares
    
Value
 
Communication Services - 5.5%
        
Meta Platforms, Inc. - Class A (a)
    
374,605
    
$
247,273,015
  
Verizon Communications, Inc.
    
1,739,977
      
70,869,263
  
             
318,142,278
  
                 
Consumer Discretionary - 13.0%
          
Home Depot, Inc.
    
754,127
      
259,495,101
  
McDonald's Corp.
    
765,704
      
234,022,113
  
TJX Cos., Inc.
    
1,716,019
      
263,597,679
  
             
757,114,893
  
                 
Consumer Staples - 6.2%
          
Coca-Cola Co.
    
1,724,551
      
120,563,361
  
Procter & Gamble Co.
    
408,294
      
58,512,613
  
Walmart, Inc.
    
1,624,191
      
180,951,119
  
             
360,027,093
  
                 
Energy - 4.8%
          
Chevron Corp.
    
1,184,451
      
180,522,177
  
Marathon Petroleum Corp.
    
604,377
      
98,289,831
  
             
278,812,008
  
                 
Financials - 24.8%
          
American Express Co.
    
785,322
      
290,529,874
  
CME Group, Inc.
    
1,063,963
      
290,547,016
  
Goldman Sachs Group, Inc.
    
323,820
      
284,637,780
  
JPMorgan Chase & Co.
    
896,461
      
288,857,663
  
Visa, Inc. - Class A
    
829,914
      
291,059,139
  
             
1,445,631,472
  
                 
Health Care - 7.1%
          
Amgen, Inc.
    
586,241
      
191,882,542
  
Merck & Co., Inc. (a)
    
2,093,507
      
220,362,547
  
             
412,245,089
  
                 
Industrials - 10.8%
          
Caterpillar, Inc.
    
527,919
      
302,428,957
  
RTX Corp. (a)
    
1,789,499
      
328,194,117
  
             
630,623,074
  
                 
Information Technology - 15.1%
          
Apple, Inc.
    
1,075,200
      
292,303,872
  
International Business Machines Corp.
    
967,875
      
286,694,254
  
Microsoft Corp.
    
624,683
      
302,109,192
  
             
881,107,318
  
                 
Materials - 2.4%
          
Agnico Eagle Mines Ltd.
    
827,032
      
140,206,735
  
                 
Utilities - 2.5%
          
Duke Energy Corp.
    
1,218,139
      
142,778,072
  
TOTAL COMMON STOCKS (Cost $4,488,495,006)
      
5,366,688,032
  
                 
AFFILIATED EXCHANGE TRADED FUNDS - 4.4%
  
Shares
    
Value
 
Amplify Samsung SOFR ETF (b)(c)
    
2,570,021
      
257,490,404
  
TOTAL AFFILIATED EXCHANGE TRADED FUNDS (Cost $257,782,382)
      
257,490,404
  
                 
SHORT-TERM INVESTMENTS
  
MONEY MARKET FUNDS - 3.3%
  
Shares
    
Value
 
Invesco Government & Agency Portfolio - Institutional Class, 3.68% (d)
    
193,095,242
      
193,095,242
  
TOTAL MONEY MARKET FUNDS (Cost $193,095,242)
      
193,095,242
  
                 
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 0.1%
  
Shares
    
Value
 
First American Government Obligations Fund - Class X, 3.67% (d)
    
5,137,831
      
5,137,831
  
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $5,137,831)
      
5,137,831
  
                 
TOTAL INVESTMENTS - 100.0% (Cost $4,944,510,461)
      
5,822,411,509
  
Liabilities in Excess of Other Assets - (0.0)% (e)
      
(2,636,691
)
TOTAL NET ASSETS - 100.0%
          
$
5,819,774,818
  
                 
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)
Held in connection with written option contracts. See Schedule of Written Options for further information.
(b)
All or a portion of this security is on loan as of December 31, 2025. The fair value of these securities was $4,999,481.
(c)
Affiliated security as defined by the Investment Company Act of 1940.
(d)
The rate shown represents the 7-day annualized yield as of December 31, 2025.
(e)
Represents less than 0.05% of net assets.

   
Amplify CWP Enhanced Dividend Income ETF
  
Schedule of Written Options
  
December 31, 2025 (Unaudited)
  
   
WRITTEN OPTIONS - (0.1)%
  
Notional Amount
    
Contracts
    
Value
  
Call Options - (0.1)% (a)(b)
  
Merck & Co., Inc., Expiration: 01/09/2026; Exercise Price: $104.00
  
$
(29,472,800
)
    
(2,800
)
  
$
(648,200
)
Meta Platforms, Inc., Expiration: 01/16/2026; Exercise Price: $650.00
    
(66,009,000
)
    
(1,000
)
    
(1,952,500
)
RTX Corp., Expiration: 01/09/2026; Exercise Price: $180.00
    
(18,340,000
)
    
(1,000
)
    
(497,500
)
TOTAL WRITTEN OPTIONS (Premiums received $3,580,974)
                  
$
(3,098,200
)
   
Percentages are stated as a percent of net assets.
  

(a)
100 shares per contract.
(b)
Exchange-traded.

 
Summary of Fair Value Disclosure as of December 31, 2025 (Unaudited)
 
Amplify CWP Enhanced Dividend Income 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
  
Assets:
                        
Investments:
                        
  Common Stocks
  
$
5,366,688,032
    
$
–
    
$
–
    
$
5,366,688,032
  
  Affiliated Exchange Traded Funds
    
257,490,404
      
–
      
–
      
257,490,404
  
  Money Market Funds
    
193,095,242
      
–
      
–
      
193,095,242
  
  Investments Purchased with Proceeds from Securities Lending
    
5,137,831
      
–
      
–
      
5,137,831
  
Total Investments
  
$
5,822,411,509
    
$
–
    
$
–
    
$
5,822,411,509
  
                                 
Liabilities:
                                
Investments:
                                
  Written Options
  
$
–
    
$
(3,098,200
)
  
$
–
    
$
(3,098,200
)
Total Investments
  
$
–
    
$
(3,098,200
)
  
$
–
    
$
(3,098,200
)
   
Refer to the Schedule of Investments for further disaggregation of investment categories.
  


Amplify CWP Enhanced Dividend Income ETF - Transactions with Affiliates
        
   
Value as of
September 30, 2025
    
Additions
    
Reductions
    
Realized
Gain (Loss)
    
Net Change in
Unrealized
Appreciation
(Depreciation)
    
Value as of
December 31, 2025
    
Shares as of
December 31, 2025
    
Income
    
Capital Gain Distributions from Underlying Funds
  
Amplify Samsung SOFR ETF
  
$
190,529,857
    
$
67,972,678
    
$
(985,201
)
  
$
1,747
    
$
(28,677
)
  
$
257,490,404
      
2,570,021
    
$
2,432,909
    
$
–