Amplify CWP International Enhanced Dividend Income ETF
  
Schedule of Investments
  
June 30, 2025 (Unaudited)
  
   
COMMON STOCKS - 96.5%
  
Shares
    
Value
 
Communication Services - 8.9%
        
Nintendo Co. Ltd. - ADR
    
327,560
    
$
7,867,991
  
Sea Ltd. - ADR (a)
    
36,733
      
5,875,076
  
Tencent Holdings Ltd. - ADR
    
93,605
      
6,037,523
  
Tencent Music Entertainment Group - ADR
    
240,258
      
4,682,628
  
Vodafone Group PLC - ADR
    
313,863
      
3,345,780
  
             
27,808,998
  
                 
Consumer Discretionary - 9.8%
          
Alibaba Group Holding Ltd. - ADR
    
53,455
      
6,062,331
  
Coupang, Inc. (a)
    
165,077
      
4,945,707
  
Ferrari NV
    
11,466
      
5,626,825
  
MercadoLibre, Inc. (a)
    
2,386
      
6,236,121
  
Sony Group Corp. - ADR (b)
    
296,354
      
7,714,095
  
             
30,585,079
  
                 
Consumer Staples - 4.4%
          
Philip Morris International, Inc.
    
52,367
      
9,537,602
  
Unilever PLC - ADR
    
67,694
      
4,140,842
  
             
13,678,444
  
                 
Energy - 9.1%
          
Cameco Corp.
    
129,130
      
9,585,320
  
Canadian Natural Resources Ltd.
    
184,685
      
5,799,109
  
Enbridge, Inc.
    
134,095
      
6,077,185
  
Petroleo Brasileiro SA - Petrobras - ADR (c)
    
255,950
      
3,201,934
  
TotalEnergies SE - ADR
    
37,809
      
2,321,095
  
YPF SA - ADR (a)(b)
    
46,847
      
1,473,338
  
             
28,457,981
  
                 
Financials - 22.9%
          
Banco Bilbao Vizcaya Argentaria SA - ADR
    
505,420
      
7,768,305
  
Banco de Chile - ADR
    
109,563
      
3,332,906
  
Banco Macro SA - ADR
    
21,802
      
1,530,718
  
Banco Santander SA - ADR
    
379,886
      
3,153,054
  
Barclays PLC - ADR (c)
    
505,937
      
9,405,369
  
Deutsche Bank AG
    
114,888
      
3,363,921
  
Grupo Cibest SA - ADR
    
216,218
      
9,987,109
  
Grupo Financiero Galicia SA - ADR
    
30,745
      
1,549,241
  
ICICI Bank Ltd. - ADR
    
276,153
      
9,289,787
  
Mitsubishi UFJ Financial Group, Inc. - ADR (b)
    
810,026
      
11,113,557
  
NU Holdings Ltd./Cayman Islands - Class A (a)(c)
    
123,968
      
1,700,841
  
Sumitomo Mitsui Financial Group, Inc. - ADR
    
597,575
      
9,029,358
  
             
71,224,166
  
                 
Health Care - 6.4%
          
AstraZeneca PLC - ADR
    
84,314
      
5,891,862
  
Novartis AG - ADR
    
90,385
      
10,937,489
  
Novo Nordisk AS - ADR
    
45,286
      
3,125,640
  
             
19,954,991
  
                 
Industrials - 13.0%
          
Airbus SE - ADR (b)
    
60,328
      
3,158,774
  
Embraer SA - ADR
    
201,250
      
11,453,137
  
Grupo Aeroportuario del Centro Norte SAB de CV - ADR
    
21,902
      
2,310,661
  
Grupo Aeroportuario del Pacifico SAB de CV - ADR
    
9,624
      
2,209,863
  
RELX PLC - ADR
    
170,087
      
9,242,528
  
Siemens AG - ADR (b)
    
94,912
      
12,231,309
  
             
40,606,272
  
                 
Information Technology - 9.8%
          
ASML Holding NV
    
7,486
      
5,999,206
  
SAP SE - ADR (b)
    
41,905
      
12,743,311
  
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR
    
51,950
      
11,766,156
  
             
30,508,673
  
                 
Materials - 6.3%
          
Agnico Eagle Mines Ltd.
    
74,959
      
8,914,874
  
Southern Copper Corp.
    
44,174
      
4,469,117
  
Wheaton Precious Metals Corp.
    
69,894
      
6,276,481
  
             
19,660,472
  
                 
Real Estate - 0.5%
          
IRSA Inversiones y Representaciones SA - ADR
    
111,735
      
1,556,469
  
                 
Utilities - 5.4%
          
Enel SpA - ADR (b)
    
323,014
      
3,062,172
  
Korea Electric Power Corp. - ADR (b)
    
203,428
      
2,896,815
  
RWE AG - ADR (b)
    
255,218
      
10,701,291
  
             
16,660,278
  
TOTAL COMMON STOCKS (Cost $256,026,255)
      
300,701,823
  
                 
AFFILIATED EXCHANGE TRADED FUNDS - 0.9%
  
Shares
    
Value
  
Amplify Samsung SOFR ETF (d)
    
27,632
      
2,767,897
  
TOTAL AFFILIATED EXCHANGE TRADED FUNDS (Cost $2,771,891)
      
2,767,897
  
                 
SHORT-TERM INVESTMENTS - 11.6%
          
Value
 
Investments Purchased with Proceeds from Securities Lending - 9.2%
  
Shares
          
First American Government Obligations Fund - Class X, 4.25% (e)
    
28,752,954
      
28,752,954
  
                 
Money Market Funds - 2.4%
  
Shares
          
Invesco Government & Agency Portfolio - Institutional Class, 4.26% (e)
    
7,449,232
      
7,449,232
  
TOTAL SHORT-TERM INVESTMENTS (Cost $36,202,186)
      
36,202,186
  
                 
TOTAL INVESTMENTS - 109.0% (Cost $295,000,332)
      
339,671,906
  
Liabilities in Excess of Other Assets - (9.0)%
      
(28,059,307
)
TOTAL NET ASSETS - 100.0%
          
$
311,612,599
  
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
PLC - Public Limited Company

(a)
Non-income producing security.
(b)
All or a portion of this security is on loan as of June 30, 2025. The fair value of these securities was $27,855,783.
(c)
Held in connection with written option contracts. See Schedule of Written Options for further information.
(d)
Affiliated security as defined by the Investment Company Act of 1940.
(e)
The rate shown represents the 7-day annualized effective yield as of June 30, 2025.


Security Name
Value at
September 30, 2024
Purchases
Sales
Net Realized
Gain (Losses)
Net Change in
Unrealized
Appreciation
(Depreciation)
Dividend Income
Value at
June 30, 2025
Ending Shares
Amplify Samsung SOFR ETF
    1,383,036
1,449,483
(61,043)
139
(3,718)
62,174
2,767,897
27,632

 
$   1,383,036
 
$  1,449,483
 
          $   (61,043)
 
             $   139
 
          $    (3,718)
 
          $ 62,174
 
           $  2,767,897
 
27,632


   
Amplify CWP International Enhanced Dividend Income ETF
  
Schedule of Written Options
  
June 30, 2025 (Unaudited)
  
   
WRITTEN OPTIONS - (0.1)%
  
Notional Amount
    
Contracts
    
Value
  
Call Options - (0.1)% (a)(b)
  
Barclays PLC, Expiration: 07/18/2025; Exercise Price: $20.00
  
$
(1,394,250
)
    
(750
)
  
$
(24,375
)
NU Holdings Ltd./Cayman Islands, Expiration: 07/03/2025; Exercise Price: $11.50
    
(1,029,000
)
    
(750
)
    
(185,250
)
Petroleo Brasileiro SA - Petrobras, Expiration: 07/03/2025; Exercise Price: $12.50
    
(1,000,800
)
    
(800
)
    
(12,400
)
TOTAL WRITTEN OPTIONS (Premiums received $115,950)
                  
$
(222,025
)
   
Percentages are stated as a percent of net assets.
  

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


Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)
 
Amplify CWP International 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 June 30, 2025:
 
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets:
                        
Investments:
                        
  Common Stocks
    
300,701,823
      
–
      
–
      
300,701,823
  
  Affiliated Exchange Traded Funds
    
2,767,897
      
–
      
–
      
2,767,897
  
  Investments Purchased with Proceeds from Securities Lending
    
28,752,954
      
–
      
–
      
28,752,954
  
  Money Market Funds
    
7,449,232
      
–
      
–
      
7,449,232
  
Total Investments
    
339,671,906
      
–
      
–
      
339,671,906
  
                                 
Liabilities:
                                
Investments:
                                
  Written Options
    
–
      
(222,025
)
    
–
      
(222,025
)
Total Investments
    
–
      
(222,025
)
    
–
      
(222,025
)
   
Refer to the Schedule of Investments for further disaggregation of investment categories.
  

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 June 30, 2025, 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