Amplify SILJ Covered Call ETF
Data updated: 2026-08-28
C000263095 — Amplify SILJ Covered Call ETF. Global (incl. US) Mid Cap Equity · $54.24M AUM · 0.76% expense ratio. Holdings, fees, performance and SEC filings.
C000263095 Fund Overview
Amplify SILJ Covered Call ETF is a US ETF managed by Amplify ETF Trust, categorised as Global (incl. US) Mid Cap Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Amplify ETF Trust
- Category: Global (incl. US) Mid Cap Equity
- Assets under management: $54.24M
- 1-year return: 31.7%
- SEC CIK: 0001633061
- SEC series ID: S000094562
- Share class ID: C000263095
C000263095 Investment Objective and Strategy
Amplify SILJ Covered Call ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Amplify ETF Trust.
Investment objective
The Fund seeks to balance high income and capital appreciation through investment exposure to junior silver mining companies and a covered call strategy.
Principal investment strategy
The Fund seeks to balance high income and capital appreciation through investment exposure to junior silver mining companies and a covered call strategy. The Fund will achieve junior silver mining company investment exposure through investments in a selection of equity securities (the Equity Securities) held by the Amplify Junior Silver Miners ETF (the SILJ ETF), a series of the Amplify ETF Trust advised by Amplify Investments, LLC, the investment adviser to the Fund (Amplify Investments or the Adviser) and in shares of the SILJ ETF. In addition, the Fund will invest in financial instruments that provide exposure to exchange products (Silver ETPs) designed to track the price return of silver (i.e., spot silver prices) (the Silver Price). The Fund will seek to generate income by employing covered call and covered call spread options strategies that references the Equity Securities, the SILJ ETF and the Silver ETPs.
As further described below, the Fund seeks to participate in a portion of the gains experienced by the Equity Securities and will seek to vary its option selling each month to a level sufficient to generate 1.5% monthly (18% annualized) option premium (the Target Option Premium), based upon the net asset value (NAV) of the Fund each time the Fund sells the monthly options contracts. Please note that there is no guarantee the Fund will achieve the Target Option Premium in any given investment period. While the Fund seeks to generate the Target Option Premium, the actual premium earned during a one -year period will depend on the NAV of the Fund each time the Fund sells the weekly option contracts. Therefore, the actual premium income generated over a one -year period could be higher or lower than the Target Option Premium, depending on changes in the Funds NAV over time.
If the NAV of the Fund remains level or decreases during any one -year period, the annualized premium generated by the Fund may be significantly less than the Target Option Premium for that time period. The Fund expects to make distributions from the income generated from its call writing strategy on a monthly basis; however, there is no guarantee that the Fund will make a distribution in any given period. The Target Option Premium is not a projection or guarantee of the Funds future performance or total return. Tidal Investments LLC (Tidal or the Sub -Adviser ) serves as the investment sub -adviser to the Fund. The Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments that provide investment exposure to Equity Securities held by the SILJ ETF.
The Funds holdings are described below: Principal Holdings Portfolio Holdings Investment Description Expected Maturity Equity Securities of SILJ ETF and shares of SILJ ETF Junior silver mining companies investment exposure. N/A Options on Silver ETPs The Fund will use options on Silver ETPs that reference a Silver ETP to synthetically create upside and downside participation in the Silver Price, as represented by the Silver ETP. The Fund may use the combination of purchasing call options and selling put options generally in the same amount, at the same strike price with the same expiration or may purchase an in -the-money call option. 1 year or less Covered Call Writing Options on Equity Securities, SILJ ETF and Silver ETP holdings Call options are sold out -of-the-money (i.e., the strike price is above the strike price of the corresponding sold call) at a level sufficient to generate 1.5% monthly (18% annualized) option premium.
The Fund will vary the percentage of its portfolio on which it sells options in order to achieve this level of premium. The Fund may also simultaneously purchase a call option with a higher strike price and same expiration date in seeking to participate in potential appreciation above the higher strike price. One month or less U.S. Treasuries U.S Treasuries and Cash Multiple series of U.S. Treasury Bills supported by the full faith and credit of the U.S. government. These instruments are used as collateral for the Silver ETP options. 1 -month to 2 -year maturities SILJ ETF Investment Exposure The Fund will invest in a selection of Equity Securities held by the SILJ ETF that collectively have an investment profile substantially similar to the Nasdaq Junior Silver Miners Index (the SILJ Index).
The SILJ Index tracks the performance of the equity securities (or corresponding American Depositary Receipts (ADRs) or Global Depositary Receipts (GDRs)) of companies engaged in the silver mining industry that have a minimum market capitalization of $20 million and a minimum three -month average daily dollar trading volume of $10,000. All securities within this initial universe are assigned to an individual category by Metals Focus, an independent precious metals research consultancy. These categories include Project Development, Silver Mining, Streaming, Diversified Mining, Gold Mining, Zinc Mining, and Copper Mining. The SILJ Index describes junior silver mining companies as those companies that meet the market capitalization screen described above and that derive a majority of their revenues from silver mining, have a significant market share of global silver production, or are principally engaged in exploration and development activities related to new silver production as defined by Metal Focus.
The SILJ Index is a modified theme -adjusted free float market capitalization -weighted index. A theme -adjusted free float market value is calculated for each Index constituent and then constituent weightings are determined based on each SILJ Index constituents theme -adjusted free float market value, subject to certain adjustments. For additional information regarding the SILJ Index methodology, see Additional Information About the Funds Strategies SILJ Index Methodology below. In addition to its investment in the Equity Securities that comprise the SILJ ETF, the Fund may, from time to time, invest directly in the SILJ ETF. Additional information regarding the SILJ ETF, including its prospectus and most recent annual report, is available without charge by visiting https://amplifyetfs.com/silj/.
Silver Price Exposure The Fund expects to also provide investment exposure to the Silver Price by buying and selling a combination of options that reference a Silver ETP. Silver ETPs are exchange -traded investment products not registered under the 1940 Act that reflect the Silver Price, before fees and expenses, by purchasing and storing silver bullion bars in a physical vault and issuing exchange -listed shares that trade intra -day on a national securities exchange. The sponsors of Silver ETPs do not actively manage the exposure to silver held by the Silver ETPs. The Fund expects its Silver ETP exposure to include iShares Silver Trust (SLV) and/or abrdn Physical Silver Shares ETF (SIVR). The Fund may invest up to 20% of its net assets in financial instruments that provide exposure to the Silver Price.
Additional information regarding the Silver ETPs and SLV and SIVR is available in Additional Information Regarding the Funds Principal Investment Strategies Silver ETPs. An option contract is an agreement between a buyer and a seller that gives the purchaser of the option the right to buy (for a call option) or sell (for a put option) a particular asset on or before a specified future date (the expiration date) at an agreed upon price (the strike price). In exchange for selling the right to buy or sell the particular reference asset, the seller of an option contract receives income from the purchaser (a premium). The Silver ETP exposure may be created through the combination of purchasing call options and selling put options generally in the same amount, at the same strike price with the same expiration.
This combination synthetically creates the upside and downside participation in the Silver Price, as represented by the Silver ETP. The Fund will primarily gain exposure to increases in value experienced by the Silver ETP through the purchase of call options. As a buyer of these options, the Fund pays a premium to the seller of the options. The Fund will primarily gain exposure to decreases in the Silver Price experience by the Silver ETP through the sale of put options. As the seller of these options, the Fund receives a premium from the buyer of the options. In combination, the purchased call and sold put options generally provide exposure to the Silver Price both on the upside and downside. Alternatively, the Fund may purchase an in -the-money call option to synthetically participate in the upside and downside participation in the Silver Price as represented by the Silver ETP.
Covered Call Strategies Covered Call Strategy In furtherance of the Funds investment objective to provide investors with current income, the Fund will seek to generate high current income by employing a covered call option strategy in which it will write (sell) U.S. exchange -traded covered call options on its Equity Securities, SILJ ETF and Silver ETP holdings. A covered call is an options trading strategy where an investor sells (writes) a call option on a stock they already own, essentially giving someone else the right to buy their shares at a set price (strike price) within a specific time frame, in exchange for receiving a premium upfront. The Fund expects to write covered call options on each of its portfolio holdings, but such call writing may be reduced under certain market circumstances.
The implementation of the Funds covered call strategy with respect to its Silver ETP holdings will result in synthetical covered call positions, as the Fund will not directly own the underlying Silver ETP holdings. The Fund seeks to generate the Target Option Premium by selling call option contracts that are approximately 5 -20 % out of the money with expiration dates of approximately one month or less. The Fund primarily sells call option contracts that are above the then -current value of the Equity Securities, SILJ ETF and/or Silver ETPs. In seeking to obtain the Target Option Premium, the Fund can vary the size of the written call option contract or the strike price of the written call attributable to the Equity Securities, SILJ ETF and/or Silver ETPs in order to generate this sought -after Target Option Premium based upon the NAV of the Fund at the time the Fund writes the call options.
Factors that impact the amount of premium generated in a written call option contract include: (i) time to expiration; (ii) strike price; and (iii) volatility of the underlying asset. The Fund sells new call option contracts each month that seek the Target Option Premium upon the expiration of its sold option contract. The amount of the portfolio that the Fund writes options on will vary depending on a variety of factors; but under normal circumstances, the Fund expects to write options on a majority of the assets in its portfolio. The Fund will sell call options that reference Equity Securities, the SILJ ETF and/or Silver ETPs, which will give the holder (buyer) of the call option the right, but not the obligation, to purchase the specific holding at the strike price from the Fund, in exchange for a premium received.
In selling call option contracts, the Fund effectively sells its ability to participate in gains of the portfolio holding beyond the predetermined strike price in exchange for the premium income received. While the Fund seeks to generate the Target Option Premium, the actual premium earned during a one -year period will depend on the NAV of the Fund at the time the options are sold. The amount of premium the Fund receives for writing options is directly related to the value of the underlying assets, as represented by the Funds NAV. When the Funds NAV is higher, the notional value of the options sold is greater, which generally results in higher option premiums.
C000263095 Holdings
Top 10 holdings of Amplify SILJ Covered Call ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Amplify Junior Silver Miners E | 24.74% |
| Treasury Bill | 7.55% |
| Hecla Mining Co | 6.67% |
| First Majestic Silver Corp | 6.52% |
| McEwen Inc | 5.58% |
| Seabridge Gold Inc | 4.84% |
| Skeena Resources Ltd | 4.55% |
| Endeavour Silver Corp | 4.23% |
| Mount Vernon Liquid Assets Portfolio, LLC | 4.00% |
| Pan American Silver Corp | 3.82% |
C000263095 Portfolio Allocation
Asset-class allocation of Amplify SILJ Covered Call ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 87.4% |
| Fixed Income | 15.3% |
| Cash & Equivalents | 4.0% |
C000263095 Performance
Total returns for C000263095 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -5.5% |
| 1 year | 31.7% |
C000263095 Risk Information
Risk metrics for C000263095, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 43.3%
C000263095 Costs and Fees
C000263095 costs about $76 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.76%
- Gross expense ratio: 0.76%
- Portfolio turnover: 11%
C000263095 Cashflows
Over the 12 months to 2026-06, Amplify SILJ Covered Call ETF had net inflows of $62.88M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $15.84M |
| 2026-05 | $12.59M |
| 2026-04 | −$38.98K |
| 2026-03 | $4.48M |
| 2026-02 | $1.82M |
| 2026-01 | $8.02M |
C000263095 Debt Constituents
Largest debt holdings of Amplify SILJ Covered Call ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Treasury Bill | 7.55% |
| Treasury Bill | 2.90% |
| Treasury Bill | 2.69% |
| Treasury Bill | 2.12% |
C000263095 Prospectus and SEC Filings
Official Amplify SILJ Covered Call ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Related funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.