Amplify CWP International Enhanced Dividend Income ETF
  
Schedule of Investments
  
December 31, 2025 (Unaudited)
  
   
COMMON STOCKS - 95.6%
  
Shares
    
Value
 
Communication Services - 10.0%
        
America Movil SAB de CV - ADR
    
330,876
    
$
6,839,207
  
Baidu, Inc. - ADR (a)
    
53,411
      
6,978,681
  
NetEase, Inc. - ADR
    
104,271
      
14,349,775
  
Nintendo Co. Ltd. - ADR
    
159,921
      
2,696,268
  
Tencent Holdings Ltd. - ADR
    
160,306
      
12,271,424
  
Tencent Music Entertainment Group - ADR
    
329,970
      
5,784,374
  
Vodafone Group PLC - ADR
    
1,015,616
      
13,416,288
  
             
62,336,017
  
                 
Consumer Discretionary - 8.7%
          
Alibaba Group Holding Ltd. - ADR
    
182,738
      
26,785,736
  
Atour Lifestyle Holdings Ltd. - ADR
    
388,843
      
15,320,414
  
Sea Ltd. - ADR (a)
    
22,039
      
2,811,515
  
Sony Group Corp. - ADR
    
366,686
      
9,387,162
  
             
54,304,827
  
                 
Consumer Staples - 2.8%
          
British American Tobacco PLC - ADR
    
243,423
      
13,782,610
  
Fomento Economico Mexicano SAB de CV - ADR
    
33,496
      
3,385,441
  
             
17,168,051
  
                 
Energy - 9.6%
          
Cameco Corp. (b)
    
148,906
      
13,623,410
  
Enbridge, Inc.
    
318,695
      
15,243,182
  
Eni SpA - ADR (c)
    
302,688
      
11,483,983
  
Imperial Oil Ltd. (c)
    
147,454
      
12,726,755
  
Petroleo Brasileiro SA - Petrobras - ADR
    
254,244
      
3,012,791
  
TotalEnergies SE
    
52,733
      
3,449,793
  
             
59,539,914
  
                 
Financials - 21.9%
          
Banco Bilbao Vizcaya Argentaria SA - ADR
    
732,329
      
17,070,589
  
Banco Macro SA - ADR (b)(c)
    
115,489
      
10,412,488
  
Banco Santander SA - ADR
    
927,731
      
10,882,285
  
Bank of Montreal
    
95,609
      
12,409,092
  
Barclays PLC - ADR (b)
    
749,488
      
19,074,470
  
Grupo Cibest SA - ADR
    
302,351
      
19,232,547
  
ICICI Bank Ltd. - ADR
    
195,892
      
5,837,582
  
Mitsubishi UFJ Financial Group, Inc. - ADR
    
1,085,541
      
17,216,680
  
Sumitomo Mitsui Financial Group, Inc. - ADR
    
1,069,977
      
20,682,655
  
XP, Inc. - Class A
    
195,474
      
3,199,909
  
             
136,018,297
  
                 
Health Care - 6.6%
          
AstraZeneca PLC - ADR
    
203,885
      
18,743,148
  
Novartis AG - ADR
    
161,561
      
22,274,415
  
             
41,017,563
  
                 
Industrials - 10.3%
          
Airbus SE - ADR
    
108,918
      
6,308,531
  
Elbit Systems Ltd. (b)
    
16,359
      
9,450,758
  
Embraer SA - ADR (b)
    
271,929
      
17,504,070
  
Latam Airlines Group SA - ADR
    
56,236
      
3,037,306
  
Ryanair Holdings PLC - ADR
    
170,969
      
12,342,252
  
Siemens AG - ADR
    
109,472
      
15,320,606
  
             
63,963,523
  
                 
Information Technology - 9.8%
          
ASE Technology Holding Co. Ltd. - ADR
    
570,926
      
9,191,909
  
ASML Holding NV (b)
    
15,962
      
17,077,105
  
JinkoSolar Holding Co. Ltd. - ADR (b)
    
116,647
      
3,010,659
  
SAP SE - ADR
    
25,701
      
6,243,030
  
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR (b)
    
83,887
      
25,492,420
  
             
61,015,123
  
                 
Materials - 11.0%
          
Agnico Eagle Mines Ltd.
    
60,420
      
10,243,003
  
ArcelorMittal SA (b)(c)
    
232,886
      
10,612,615
  
Cemex SAB de CV - ADR
    
481,811
      
5,536,008
  
CRH PLC (b)
    
46,407
      
5,791,594
  
Rio Tinto PLC - ADR
    
120,156
      
9,616,085
  
Southern Copper Corp. (b)
    
114,169
      
16,379,853
  
Wheaton Precious Metals Corp.
    
88,542
      
10,405,456
  
             
68,584,614
  
                 
Utilities - 4.9%
          
Cia de Saneamento Basico do Estado de Sao Paulo SABESP - ADR
    
265,320
      
6,327,875
  
Enel SpA - ADR
    
578,157
      
6,001,270
  
Korea Electric Power Corp. - ADR (a)(c)
    
588,258
      
9,706,257
  
RWE AG - ADR (c)
    
158,776
      
8,464,348
  
             
30,499,750
  
TOTAL COMMON STOCKS (Cost $497,231,168)
      
594,447,679
  
                 
AFFILIATED EXCHANGE TRADED FUNDS - 2.1%
  
Shares
    
Value
 
Amplify Samsung SOFR ETF (c)(d)
    
131,783
      
13,203,339
  
TOTAL AFFILIATED EXCHANGE TRADED FUNDS (Cost $13,218,486)
      
13,203,339
  
                 
SHORT-TERM INVESTMENTS
  
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 4.4%
  
Shares
    
Value
 
First American Government Obligations Fund - Class X, 3.67% (e)
    
27,199,394
      
27,199,394
  
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $27,199,394)
      
27,199,394
  
                 
MONEY MARKET FUNDS - 2.7%
  
Shares
    
Value
 
Invesco Government & Agency Portfolio - Institutional Class, 3.68% (e)
    
16,953,624
      
16,953,624
  
TOTAL MONEY MARKET FUNDS (Cost $16,953,624)
      
16,953,624
  
                 
TOTAL INVESTMENTS - 104.8% (Cost $554,602,672)
      
651,804,036
  
Liabilities in Excess of Other Assets - (4.8)%
      
(29,564,446
)
TOTAL NET ASSETS - 100.0%
          
$
622,239,590
  
                 
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)
Held in connection with written option contracts. See Schedule of Written Options for further information.
(c)
All or a portion of this security is on loan as of December 31, 2025. The fair value of these securities was $26,331,642.
(d)
Affiliated security as defined by the Investment Company Act of 1940.
(e)
The rate shown represents the 7-day annualized yield as of December 31, 2025.

   
Amplify CWP International Enhanced Dividend Income ETF
  
Schedule of Written Options
  
December 31, 2025 (Unaudited)
  
   
WRITTEN OPTIONS - (0.0)%
  
Notional Amount
    
Contracts
    
Value
  
Call Options - (0.0)% (a)(b)(c)
  
ArcelorMittal SA, Expiration: 01/16/2026; Exercise Price: $50.00
  
$
(2,278,500
)
    
(500
)
  
$
(11,250
)
ASML Holding NV, Expiration: 01/16/2026; Exercise Price: $1,200.00
    
(3,744,510
)
    
(35
)
    
(8,138
)
Banco Macro SA, Expiration: 01/16/2026; Exercise Price: $95.00
    
(2,254,000
)
    
(250
)
    
(65,000
)
Barclays PLC
                        
Expiration: 01/16/2026; Exercise Price: $26.00
    
(509,000
)
    
(200
)
    
(6,500
)
Expiration: 01/16/2026; Exercise Price: $27.00
    
(3,817,500
)
    
(1,500
)
    
(15,000
)
Cameco Corp., Expiration: 01/16/2026; Exercise Price: $105.00
    
(2,744,700
)
    
(300
)
    
(11,250
)
CRH PLC, Expiration: 01/16/2026; Exercise Price: $135.00
    
(1,248,000
)
    
(100
)
    
(9,000
)
Elbit Systems Ltd., Expiration: 01/16/2026; Exercise Price: $630.00
    
(1,733,130
)
    
(30
)
    
(5,850
)
Embraer SA, Expiration: 01/16/2026; Exercise Price: $70.00
    
(3,218,500
)
    
(500
)
    
(17,500
)
JinkoSolar Holding Co. Ltd., Expiration: 01/16/2026; Exercise Price: $30.00
    
(774,300
)
    
(300
)
    
(5,250
)
Southern Copper Corp., Expiration: 01/16/2026; Exercise Price: $165.00
    
(3,586,750
)
    
(250
)
    
(8,125
)
Taiwan Semiconductor Manufacturing Co. Ltd., Expiration: 01/16/2026; Exercise Price: $330.00
    
(6,077,800
)
    
(200
)
    
(37,100
)
TOTAL WRITTEN OPTIONS (Premiums received $238,801)
                  
$
(199,963
)
   
Percentages are stated as a percent of net assets.
  

(a)
Represents less than 0.05% of net assets.
(b)
100 shares per contract.
(c)
Exchange-traded.

 
Summary of Fair Value Disclosure as of December 31, 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 December 31, 2025:
 
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets:
                        
Investments:
                        
  Common Stocks
  
$
594,447,679
    
$
–
    
$
–
    
$
594,447,679
  
  Affiliated Exchange Traded Funds
    
13,203,339
      
–
      
–
      
13,203,339
  
  Investments Purchased with Proceeds from Securities Lending
    
27,199,394
      
–
      
–
      
27,199,394
  
  Money Market Funds
    
16,953,624
      
–
      
–
      
16,953,624
  
Total Investments
  
$
651,804,036
    
$
–
    
$
–
    
$
651,804,036
  
                                 
Liabilities:
                                
Investments:
                                
  Written Options
  
$
–
    
$
(199,963
)
  
$
–
    
$
(199,963
)
Total Investments
  
$
–
    
$
(199,963
)
  
$
–
    
$
(199,963
)
   
Refer to the Schedule of Investments for further disaggregation of investment categories.
  


Amplify CWP International 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
  
$
2,241,893
    
$
10,994,835
    
$
(20,285
)
  
$
56
    
$
(13,160
)
  
$
13,203,339
      
131,783
    
$
116,335
    
$
–