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EHYAmplify Ethereum Max Income Covered Call ETF

Get incomeNewRanked #1,453 of 1,650 in this goal

Seeks to maximize current income through a covered call strategy tied to the investment exposure to the price return of ether.

By Amplify ETFs · Launched 2025

Annual Cost

0.75%

#3,918 of 5,854 · average

Fund Size

$3M

#5,342 of 5,854 · small

Dividend YieldGoal

—

Track Record

10 months

#4,742 of 5,854 · young

Performance

Total-return NAV · USD
Growth of $10,000
$4,925-50.8%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

What it actually holds

By weight

Concentration

Top 8 holdings = 88.9% of fundconcentrated

Invesco Government & Agency Po
32.3%
TREASURY BILL
16.8%
TREASURY BILL
16.8%
N/A
15.7%
TREASURY BILL
9.7%
N/A
0.0%
N/A
0.0%
N/A
-2.5%

Asset allocation

Cash
65.2%
Stocks
34.1%
Other
0.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-61.7%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to maximize current income through a covered call strategy tied to the investment exposure to the price return of ether.
Strategy
Participates in the price return of ether while generating a high level of annualized option premium by selling call options on Ethereum ETPs. Distributions from the call writing strategy are expected monthly.
Inception date
October 8, 2025
Fund family
Amplify ETFs

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-03