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ETTYAmplify Ethereum 3% Monthly Option Income ETF

Get incomeNewRanked #1,472 of 1,622 in this goal

Seeks to balance high income and capital appreciation through investment exposure to the price return of ether and a covered call strategy.

By Amplify ETFs · Launched 2025

Annual Cost

0.75%

#3,765 of 5,562 · expensive

Fund Size

$3M

#5,227 of 5,562 · small

Dividend YieldGoal

—

Track Record

8 months

#4,847 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$4,520-54.8%

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

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 9 holdings = 104.0% of fundconcentrated

Invesco Government & Agency Po
45.0%
iShares Ethereum Trust ETF
24.1%
TREASURY BILL
20.1%
TREASURY BILL
10.1%
TREASURY BILL
10.0%
TREASURY BILL
6.0%
N/A
2.5%
N/A
-0.6%
N/A
-13.2%

Asset allocation

Other
47.4%
Cash
45.1%
Stocks
7.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-61.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to balance high income and capital appreciation through investment exposure to the price return of ether and a covered call strategy.
Strategy
Participates in the price return of ether and generates high annualized option premium by selling options on Ethereum ETPs referencing the Ether Price. Sells call options approximately 5-10% out of the money with targeted maturities of one week or less, aiming for 36% annualized option premium based on NAV each time options are sold. Actual premium income may vary based on NAV changes and is not guaranteed to meet the Target Option Premium in any given period.
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

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

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

Why we flagged this: strategy=option_income + option_income_strategy

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 2026-06-20