ARCX · Active · options-income

Amplify CPW Enhanced Dividend Income ETF

Amplify Investments LLC

Weighted score · 3.70 / 5

AUM

assets under mgmt

Avg Volume

shares · daily

Distribution

Monthly · — ROC

Expense Ratio

0.56% gross

1Y Return

vs underlying

Sharpe

Max DD -13.7%

The Amplify CWP Enhanced Dividend Income ETF seeks to provide a high level of risk-adjusted total return through a combination of current income and capital appreciation..

The Fund invests at least 80% of its net assets in dividend-paying U.S. exchange-traded equity securities, constructing a concentrated portfolio of approximately 20-25 high-quality large-cap S&P 500 stocks diversified across sectors, with no single sector exceeding 30% and no single stock exceeding 8%. CWP tactically writes (sells) short-term U.S. exchange-traded covered call options on some or all portfolio holdings to generate additional income from option premiums, targeting approximately 2-3% from dividends and 2-4% from option premiums. Unlike a systematic covered call program, CWP opportunistically sells calls when underlying stocks demonstrate strength or elevated implied volatility rather than keeping all positions continuously covered.

CWP opportunistically writes short-term U.S. exchange-traded covered call options on individual equity holdings to generate premium income of approximately 2-4% annually. Unlike a systematic program, CWP is not obligated to continuously cover each position and sells calls tactically when a stock shows strength or elevated implied volatility. The Fund targets total gross income of approximately 4-7% combining dividends and option premiums.

NAV HISTORY · JUL '25 – JUL '26

Max DD

Volatility

Sharpe

Sortino

Calmar

Beta

Share of each distribution you’d need to reinvest just to hold NAV flat. 0% — the fund is covering its payout without eroding NAV.

Composition · Recent Distribution

Tax Treatment — Ordinary Income

ORDINARY INCOME

Distribution Composition (Recent)

ROC is not free money — it lowers your cost basis. When shares are sold, capital gains are computed against the lower basis.

Composition · Narrative

Distributions will generally be taxable as ordinary income or capital gains, derived from stock dividends and covered call option premiums. The Fund targets approximately 2-3% gross income from dividends and 2-4% from option premiums. No specific return-of-capital policy is mentioned.

Return of capital ($/sh)

Net investment income ($/sh)

Monthly ROC %

Calendar-year ROC (YTD est.)

Distribution Growth by Lookback Period

Sector Mix · Tilt vs S&P 500

Price vs. Moving Averages

Bullish — 50-DMA above 200-DMA

Price $46.43 is above the 200-day SMA ($44.27); 50-day SMA $45.57. The 50-day SMA sits above the 200-day — an established uptrend, no recent crossover. Moving-average signals are a timing aid, not a recommendation — weigh them against the distribution profile and framework score.

Liquidity

Estimated bid/ask spread ~0.18% (moderate). Average daily dollar volume ~$39.7M (liquid). This spread is a high-low estimate, not a live quote; the issuer's reported median spread and premium/discount to NAV are shown above when available.

AUM ($)