NDIVAmplify Energy & Natural Resources Covered Call ETF
Seeks investment results that generally correspond to the price and yield of the VettaFi Energy and Natural Resources Covered Call Index.
By Amplify ETFs · Launched 2022
0.59%
#3,005 of 5,568 · average
$29M
#4,107 of 5,568 · small
6.62%
3 years
#2,759 of 5,568 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
AlternativeRegion
GlobalStrategy
Option income
Index tracked
VettaFi Energy and Natural Resources Covered Call Index
What it actually holds
By weightConcentration
Top 10 holdings = 45.2% of fundmoderately concentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks investment results that generally correspond to the price and yield of the VettaFi Energy and Natural Resources Covered Call Index.
- Strategy
- Invests primarily in securities that comprise the Index, which measures performance of a covered call strategy applied to the VettaFi Energy and Natural Resources Dividend Income Index. Seeks to generate high income through exposure to underlying equity securities and by employing a covered call option strategy referencing these securities. Aims to generate a monthly option premium of 0.50% based on NAV, with distributions from equity dividends and call writing income on a monthly basis, though distributions are not guaranteed.
- Inception date
- August 23, 2022
- Fund family
- Amplify ETFs
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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