Amplify Small-Mid Cap Equity ETF
 
Schedule of Investments
 
December 31, 2025 (Unaudited)
 
   
COMMON STOCKS - 93.1%
 
Shares
   
Value
 
Consumer Discretionary - 7.5%
       
Adtalem Global Education, Inc. (a)
   
90
   
$
9,312
 
Bright Horizons Family Solutions, Inc. (a)
   
164
     
16,630
 
Duolingo, Inc. (a)
   
18
     
3,159
 
NVR, Inc. (a)
   
4
     
29,171
 
Pool Corp.
   
34
     
7,778
 
Texas Roadhouse, Inc.
   
104
     
17,264
 
Visteon Corp.
   
100
     
9,510
 
             
92,824
 
                 
Consumer Staples - 4.1%
         
BJ's Wholesale Club Holdings, Inc. (a)
   
254
     
22,868
 
Casey's General Stores, Inc.
   
50
     
27,635
 
             
50,503
 
                 
Energy - 4.8%
         
Devon Energy Corp.
   
358
     
13,114
 
Matador Resources Co.
   
552
     
23,427
 
Range Resources Corp.
   
652
     
22,989
 
             
59,530
 
                 
Financials - 16.8%
         
American Financial Group, Inc.
   
208
     
28,429
 
Markel Group, Inc. (a)
   
16
     
34,394
 
Pinnacle Financial Partners, Inc.
   
256
     
24,425
 
Stifel Financial Corp.
   
336
     
42,074
 
Stock Yards Bancorp, Inc.
   
324
     
21,044
 
Webster Financial Corp.
   
506
     
31,848
 
Wintrust Financial Corp.
   
184
     
25,727
 
             
207,941
 
                 
Health Care - 15.6%
         
BioLife Solutions, Inc. (a)
   
468
     
11,316
 
Bio-Techne Corp.
   
424
     
24,936
 
CRISPR Therapeutics AG (a)
   
232
     
12,166
 
Ensign Group, Inc.
   
66
     
11,497
 
Exact Sciences Corp. (a)
   
120
     
12,187
 
IDEXX Laboratories, Inc. (a)
   
30
     
20,296
 
Insulet Corp. (a)
   
36
     
10,233
 
Merit Medical Systems, Inc. (a)
   
216
     
19,038
 
Repligen Corp. (a)
   
172
     
28,184
 
West Pharmaceutical Services, Inc.
   
158
     
43,472
 
             
193,325
 
                 
Industrials - 17.9%
         
AAON, Inc.
   
158
     
12,048
 
Applied Industrial Technologies, Inc.
   
110
     
28,245
 
BWX Technologies, Inc.
   
120
     
20,741
 
Carlisle Cos., Inc.
   
72
     
23,030
 
Copart, Inc. (a)
   
216
     
8,456
 
Curtiss-Wright Corp.
   
64
     
35,281
 
HEICO Corp.
   
78
     
25,240
 
Kadant, Inc.
   
58
     
16,531
 
Old Dominion Freight Line, Inc.
   
136
     
21,325
 
Watsco, Inc.
   
90
     
30,325
 
             
221,222
 
                 
Information Technology - 19.1%
         
Badger Meter, Inc.
   
104
     
18,139
 
Clearwater Analytics Holdings, Inc. - Class A (a)
   
800
     
19,296
 
CyberArk Software Ltd. (a)
   
44
     
19,627
 
Fair Isaac Corp. (a)
   
14
     
23,669
 
MKS, Inc.
   
170
     
27,166
 
Monolithic Power Systems, Inc.
   
46
     
41,692
 
PTC, Inc. (a)
   
150
     
26,131
 
Q2 Holdings, Inc. (a)
   
152
     
10,968
 
Trimble, Inc. (a)
   
236
     
18,491
 
Tyler Technologies, Inc. (a)
   
68
     
30,869
 
             
236,048
 
                 
Materials - 7.3%
         
Eagle Materials, Inc.
   
156
     
32,242
 
Royal Gold, Inc.
   
88
     
19,561
 
RPM International, Inc.
   
98
     
10,192
 
Steel Dynamics, Inc.
   
164
     
27,790
 
             
89,785
 
TOTAL COMMON STOCKS (Cost $1,120,733)
     
1,151,178
 
                 
REAL ESTATE INVESTMENT TRUSTS - COMMON - 6.6%
 
Shares
   
Value
 
Real Estate - 6.6%
         
EastGroup Properties, Inc.
   
136
     
24,227
 
Essential Properties Realty Trust, Inc.
   
668
     
19,813
 
PotlatchDeltic Corp.
   
490
     
19,492
 
Tanger, Inc.
   
528
     
17,619
 
TOTAL REAL ESTATE INVESTMENT TRUSTS - COMMON (Cost $82,806)
     
81,151
 
                 
SHORT-TERM INVESTMENTS
 
MONEY MARKET FUNDS - 0.3%
 
Shares
   
Value
 
Invesco Government & Agency Portfolio - Institutional Class, 3.86% (b)
   
3,419
     
3,419
 
TOTAL MONEY MARKET FUNDS (Cost $3,419)
     
3,419
 
                 
TOTAL INVESTMENTS - 100.0% (Cost $1,206,958)
     
1,235,748
 
Liabilities in Excess of Other Assets - (0.0)% (c)
     
(11
)
TOTAL NET ASSETS - 100.0%
         
$
1,235,737
 
                 
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.
(c)
Represents less than 0.05% of net assets.



Summary of Fair Value Disclosure as of December 31, 2025 (Unaudited)
 
Amplify Small-Mid Cap Equity 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
 
$
1,151,178
   
$
   
$
   
$
1,151,178
 
  Real Estate Investment Trusts - Common
   
81,151
     
     
     
81,151
 
  Money Market Funds
   
3,419
     
     
     
3,419
 
Total Investments
 
$
1,235,748
   
$
   
$
   
$
1,235,748
 
   
Refer to the Schedule of Investments for further disaggregation of investment categories.