Amplify Samsung U.S. Natural Gas Infrastructure ETF
  
Schedule of Investments
  
December 31, 2025 (Unaudited)
  
   
COMMON STOCKS - 98.8%
  
Shares
  
Value
 
Energy - 81.5% (a)
      
Archrock, Inc.
    
6,154
    
$
160,127
  
Cheniere Energy, Inc.
    
527
      
102,444
  
DT Midstream, Inc.
    
1,700
      
203,456
  
Enbridge, Inc.
    
7,565
      
361,834
  
Energy Transfer LP
    
11,339
      
186,980
  
EQT Corp.
    
935
      
50,116
  
Expand Energy Corp.
    
306
      
33,770
  
FLEX LNG Ltd.
    
3,417
      
85,254
  
Golar LNG Ltd.
    
2,686
      
99,946
  
Kinder Morgan, Inc.
    
13,600
      
373,864
  
Kodiak Gas Services, Inc.
    
3,230
      
120,802
  
MPLX LP
    
7,327
      
391,042
  
ONEOK, Inc.
    
544
      
39,984
  
Plains GP Holdings LP
    
9,911
      
189,697
  
Solaris Energy Infrastructure, Inc.
    
8,653
      
397,778
  
Targa Resources Corp.
    
833
      
153,688
  
TC Energy Corp. (b)
    
3,774
      
207,608
  
Venture Global, Inc. - Class A (b)
    
9,112
      
62,144
  
Western Midstream Partners LP
    
4,284
      
169,218
  
Williams Cos., Inc.
    
6,817
      
409,770
  
             
3,799,522
  
                 
Industrials - 9.3% (a)
          
Bloom Energy Corp. - Class A (c)
    
1,921
      
166,916
  
Chart Industries, Inc. (c)
    
850
      
175,295
  
Worthington Enterprises, Inc.
    
1,802
      
92,929
  
             
435,140
  
                 
Materials - 1.6%
          
Air Products and Chemicals, Inc.
    
306
      
75,588
  
                 
Utilities - 6.4%
          
PPL Corp.
    
3,281
      
114,901
  
Vistra Corp.
    
1,139
      
183,755
  
             
298,656
  
TOTAL COMMON STOCKS (Cost $4,265,206)
      
4,608,906
  
                 
SHORT-TERM INVESTMENTS
  
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 3.2%
  
Shares
  
Value
 
First American Government Obligations Fund - Class X, 3.67% (d)
    
148,113
      
148,113
  
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING (Cost $148,113)
      
148,113
  
                 
MONEY MARKET FUNDS - 1.1%
  
Shares
  
Value
 
Invesco Government & Agency Portfolio - Institutional Class, 3.68% (d)
    
54,210
      
54,210
  
TOTAL MONEY MARKET FUNDS (Cost $54,210)
      
54,210
  
                 
TOTAL INVESTMENTS - 103.1% (Cost $4,467,529)
      
4,811,229
  
Liabilities in Excess of Other Assets - (3.1)%
      
(145,658
)
TOTAL NET ASSETS - 100.0%
          
$
4,665,571
  
                 
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.
  

LP - Limited Partnership

(a)
To the extent that the Fund invests more heavily in particular industries or sectors of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.
(b)
All or a portion of this security is on loan as of December 31, 2025. The fair value of these securities was $140,040.
(c)
Non-income producing security.
(d)
The rate shown represents the 7-day annualized yield as of December 31, 2025.


Summary of Fair Value Disclosure as of December 31, 2025 (Unaudited)
 
Amplify Samsung U.S. Natural Gas Infrastructure 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
  
$
4,608,906
    
$
–
    
$
–
    
$
4,608,906
  
  Investments Purchased with Proceeds from Securities Lending
    
148,113
      
–
      
–
      
148,113
  
  Money Market Funds
    
54,210
      
–
      
–
      
54,210
  
Total Investments
  
$
4,811,229
    
$
–
    
$
–
    
$
4,811,229
  
   
Refer to the Schedule of Investments for further disaggregation of investment categories.