Amplify SILJ Covered Call ETF
  
Schedule of Investments
  
December 31, 2025 (Unaudited)
  
   
COMMON STOCKS - 61.6%
  
Shares
  
Value
 
Materials - 61.6% (a)
      
Cia de Minas Buenaventura SAA - ADR (b)
      
29,461
    
$
819,900
  
Endeavour Silver Corp. (b)(c)
      
129,316
      
1,215,570
  
First Majestic Silver Corp. (b)
      
90,588
      
1,509,196
  
Fortuna Mining Corp. (b)(c)
      
85,064
      
834,478
  
Franco-Nevada Corp. (b)
      
3,488
      
722,993
  
Hecla Mining Co. (b)
      
101,337
      
1,944,657
  
McEwen, Inc. (b)(c)
      
74,313
      
1,375,533
  
OR Royalties, Inc. (b)
      
22,408
      
793,019
  
Pan American Silver Corp. (b)
      
17,383
      
900,613
  
Royal Gold, Inc. (b)
      
3,376
      
750,451
  
Seabridge Gold, Inc. (b)(c)
      
46,396
      
1,372,858
  
Skeena Resources Ltd. (c)
      
34,770
      
825,092
  
Wheaton Precious Metals Corp. (b)
      
8,413
      
988,696
  
TOTAL COMMON STOCKS (Cost $12,270,782)
      
14,053,056
  
                       
AFFILIATED EXCHANGE TRADED FUNDS - 23.6%
  
Shares
  
Value
 
Amplify Junior Silver Miners ETF (b)(d)(e)
      
194,182
      
5,373,016
  
TOTAL AFFILIATED EXCHANGE TRADED FUNDS (Cost $4,680,961)
      
5,373,016
  
                       
PURCHASED OPTIONS - 6.4% (c)
  
Notional Amount
  
Contracts
  
Value
 
Call Options - 6.4% (f)(g)
                  
Amplify Junior Silver Miners ETF
                  
Expiration: 01/16/2026; Exercise Price: $30.00 (e)
  
$
1,192,577
      
431
      
30,170
  
Expiration: 01/16/2026; Exercise Price: $33.00 (e)
    
3,004,962
      
1,086
      
40,725
  
Cia de Minas Buenaventura SAA
                  
Expiration: 01/16/2026; Exercise Price: $31.00
    
111,320
      
40
      
2,100
  
Expiration: 01/16/2026; Exercise Price: $33.00
    
706,882
      
254
      
7,620
  
First Majestic Silver Corp., Expiration: 01/16/2026; Exercise Price: $18.00
  
$
1,507,730
      
905
      
52,943
  
Hecla Mining Co., Expiration: 01/16/2026; Exercise Price: $21.00
    
1,943,947
      
1,013
      
60,274
  
iShares Silver Trust
                  
Expiration: 01/16/2026; Exercise Price: $46.00
    
3,098,602
      
481
      
888,647
  
Expiration: 01/16/2026; Exercise Price: $57.50
    
1,919,716
      
298
      
238,400
  
Expiration: 01/16/2026; Exercise Price: $60.00
    
380,078
      
59
      
36,728
  
Expiration: 01/16/2026; Exercise Price: $64.00
    
367,194
      
57
      
22,515
  
Expiration: 01/16/2026; Exercise Price: $69.50
    
431,614
      
67
      
13,500
  
McEwen, Inc., Expiration: 01/16/2026; Exercise Price: $23.00
    
1,375,293
      
743
      
7,430
  
Pan American Silver Corp.
                  
Expiration: 01/16/2026; Exercise Price: $55.00
    
771,969
      
149
      
18,625
  
Expiration: 01/16/2026; Exercise Price: $61.00
    
124,344
      
24
      
960
  
Royal Gold, Inc.
                  
Expiration: 01/16/2026; Exercise Price: $250.00
    
600,183
      
27
      
945
  
Expiration: 01/16/2026; Exercise Price: $260.00
    
133,374
      
6
      
75
  
Seabridge Gold, Inc., Expiration: 01/16/2026; Exercise Price: $33.00
    
1,370,017
      
463
      
24,307
  
Wheaton Precious Metals Corp.
                  
Expiration: 01/16/2026; Exercise Price: $130.00
    
728,624
      
62
      
5,270
  
Expiration: 01/16/2026; Exercise Price: $135.00
    
258,544
      
22
      
1,045
  
TOTAL PURCHASED OPTIONS (Cost $767,485)
      
1,452,279
  
                         
SHORT-TERM INVESTMENTS
  
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 17.4%
  
Shares
  
Value
 
First American Government Obligations Fund - Class X, 3.67% (h)
      
3,972,799
      
3,972,799
  
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $3,972,799)
      
3,972,799
  
                         
MONEY MARKET FUNDS - 10.9%
  
Shares
  
Value
 
Invesco Government & Agency Portfolio - Institutional Class, 3.86% (h)
      
2,494,698
      
2,494,698
  
TOTAL MONEY MARKET FUNDS (Cost $2,494,698)
      
2,494,698
  
                         
U.S. TREASURY BILLS - 4.2%
  
Par
  
Value
 
3.84%, 02/19/2026 (i)
      
410,000
      
408,056
  
3.68%, 07/09/2026 (i)
      
330,000
      
324,184
  
3.59%, 08/06/2026 (i)
      
221,000
      
216,491
  
TOTAL U.S. TREASURY BILLS (Cost $948,085)
      
948,731
  
                         
TOTAL INVESTMENTS - 124.1% (Cost $25,134,810)
      
28,294,579
  
Liabilities in Excess of Other Assets - (24.1)%
      
(5,498,249
)
TOTAL NET ASSETS - 100.0%
                  
$
22,796,330
  
           
Par amount is in USD unless otherwise indicated.
          
Percentages are stated as a percent of net assets.
          

ADR - American Depositary Receipt

(a)
To the extent that the Fund invests more heavily in a particular industries or sectors of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.
(b)
Held in connection with written option contracts. See Schedule of Written Options for further information.
(c)
Non-income producing security.
(d)
All or a portion of this security is on loan as of December 31, 2025. The fair value of these securities was $3,797,099.
(e)
Affiliated security as defined by the Investment Company Act of 1940.
(f)
100 shares per contract.
(g)
Exchange-traded.
(h)
The rate shown represents the 7-day annualized yield as of December 31, 2025.
(i)
The rate shown is the annualized yield as of December 31, 2025.

   
Amplify SILJ Covered Call ETF
  
Schedule of Written Options
  
December 31, 2025 (Unaudited)
  
   
WRITTEN OPTIONS - (4.1)%
  
Notional Amount
    
Contracts
    
Value
  
Call Options - (4.1)% (a)(b)
  
Amplify Junior Silver Miners ETF (c)
                  
Expiration: 01/16/2026; Exercise Price: $28.00
  
$
(1,192,577
)
    
(431
)
  
$
(59,263
)
Expiration: 01/16/2026; Exercise Price: $31.00
    
(4,178,170
)
    
(1,510
)
    
(71,725
)
Cia de Minas Buenaventura SAA
                        
Expiration: 01/16/2026; Exercise Price: $28.00
    
(111,320
)
    
(40
)
    
(5,500
)
Expiration: 01/16/2026; Exercise Price: $30.00
    
(706,882
)
    
(254
)
    
(14,605
)
Endeavour Silver Corp., Expiration: 01/16/2026; Exercise Price: $12.50
    
(1,215,420
)
    
(1,293
)
    
(12,930
)
First Majestic Silver Corp., Expiration: 01/16/2026; Exercise Price: $17.00
    
(1,507,730
)
    
(905
)
    
(83,713
)
Fortuna Mining Corp.
                        
Expiration: 01/16/2026; Exercise Price: $10.00
    
(646,479
)
    
(659
)
    
(24,712
)
Expiration: 01/16/2026; Exercise Price: $12.50
    
(187,371
)
    
(191
)
    
(477
)
Franco-Nevada Corp., Expiration: 01/16/2026; Exercise Price: $230.00
    
(704,752
)
    
(34
)
    
(2,465
)
Hecla Mining Co., Expiration: 01/16/2026; Exercise Price: $20.00
    
(1,943,947
)
    
(1,013
)
    
(88,131
)
iShares Silver Trust
                        
Expiration: 01/16/2026; Exercise Price: $54.50
    
(1,919,716
)
    
(298
)
    
(312,900
)
Expiration: 01/16/2026; Exercise Price: $57.00
    
(380,078
)
    
(59
)
    
(49,560
)
Expiration: 01/16/2026; Exercise Price: $60.50
    
(367,194
)
    
(57
)
    
(33,488
)
Expiration: 01/16/2026; Exercise Price: $66.00
    
(431,614
)
    
(67
)
    
(20,770
)
McEwen, Inc., Expiration: 01/16/2026; Exercise Price: $21.00
    
(1,375,293
)
    
(743
)
    
(18,575
)
OR Royalties, Inc., Expiration: 01/16/2026; Exercise Price: $40.00
    
(792,736
)
    
(224
)
    
(3,920
)
Pan American Silver Corp.
                        
Expiration: 01/16/2026; Exercise Price: $50.00
    
(771,969
)
    
(149
)
    
(50,660
)
Expiration: 01/16/2026; Exercise Price: $57.00
    
(124,344
)
    
(24
)
    
(2,040
)
Royal Gold, Inc.
                        
Expiration: 01/16/2026; Exercise Price: $230.00
    
(600,183
)
    
(27
)
    
(7,897
)
Expiration: 01/16/2026; Exercise Price: $240.00
    
(133,374
)
    
(6
)
    
(555
)
Seabridge Gold, Inc., Expiration: 01/16/2026; Exercise Price: $31.00
    
(1,370,017
)
    
(463
)
    
(45,142
)
Wheaton Precious Metals Corp.
                        
Expiration: 01/16/2026; Exercise Price: $120.00
    
(728,624
)
    
(62
)
    
(19,220
)
Expiration: 01/16/2026; Exercise Price: $125.00
    
(258,544
)
    
(22
)
    
(3,520
)
Total Call Options
                    
(931,768
)
                         
Put Options - (0.0)% (d)
  
iShares Silver Trust, Expiration: 01/16/2026; Exercise Price: $46.01 (a)(b)
    
(3,098,602
)
    
(481
)
    
(4,108
)
TOTAL WRITTEN OPTIONS (Premiums received $914,426)
                  
$
(935,876
)
   
Percentages are stated as a percent of net assets.
  

(a)
100 shares per contract.
(b)
Exchange-traded.
(c)
Affiliated security as defined by the Investment Company Act of 1940.
(d)
Represents less than 0.05% of net assets.

 
Summary of Fair Value Disclosure as of December 31, 2025 (Unaudited)
 
Amplify SILJ Covered Call 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
  
$
14,053,056
    
$
–
    
$
–
    
$
14,053,056
  
  Affiliated Exchange Traded Funds
    
5,373,016
      
–
      
–
      
5,373,016
  
  Purchased Options
    
–
      
1,452,279
      
–
      
1,452,279
  
  Investments Purchased with Proceeds from Securities Lending
    
3,972,799
      
–
      
–
      
3,972,799
  
  Money Market Funds
    
2,494,698
      
–
      
–
      
2,494,698
  
  U.S. Treasury Bills
    
–
      
948,731
      
–
      
948,731
  
Total Investments
  
$
25,893,569
    
$
2,401,010
    
$
–
    
$
28,294,579
  
                                 
Liabilities:
                                
Investments:
                                
  Written Options
  
$
–
    
$
(935,876
)
  
$
–
    
$
(935,876
)
Total Investments
  
$
–
    
$
(935,876
)
  
$
–
    
$
(935,876
)
   
Refer to the Schedule of Investments for further disaggregation of investment categories.
  
   

Amplify SILJ Covered Call 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 Junior Silver Miners ETF
  
$
1,745,165
    
$
3,520,615
    
$
(395,507
)
  
$
41,327
    
$
461,416
    
$
5,373,016
      
194,182
    
$
96,069
    
$
–