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LQDMAmplify LQD Investment Grade 12% Target Income ETF

Get incomeNewRanked #1,417 of 1,650 in this goal

Seeks investment results that generally correlate to the performance of the Bloomberg U.S. Investment Grade Corporate Bond 12% Income Covered Call Index.

By Amplify ETFs · Launched 2026

Annual Cost

0.54%

#2,857 of 5,861 · average

Fund Size

$2M

#5,475 of 5,861 · small

Dividend YieldGoal

—

Track Record

4 months

#5,366 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$9,831-1.7%

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

Index tracked

Bloomberg US Investment Grade Corporate Bond 12% Income Covered Call Index

What it actually holds

By weight

Concentration

Top 2 holdings = 100.1% of fundconcentrated

iShares iBoxx $ Invmt Grade Corp Bd ETFLQD
100.0%
Invesco Shrt-Trm Inv Gov&Agcy InstlAGPXX
0.1%

Asset allocation

Bonds
98.5%
Cash
1.8%
Convertible
0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-2.2%Mild

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 investment results that generally correlate to the performance of the Bloomberg U.S. Investment Grade Corporate Bond 12% Income Covered Call Index.
Strategy
Invests at least 80% in securities representative of the Index to achieve a targeted annualized income of 12% through selling one-week at-the-money call options on the Underlying ETF. The Fund aims to generate income from both the Underlying ETF and Option Premiums.
Inception date
April 20, 2026
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 2026-08-04