SLJYAmplify SILJ Junior Silver Miners Covered Call ETF
The Amplify SILJ Covered Call ETF seeks investment results that generally correspond to the price and yield of the underlying index, which focuses on companies involved in the silver mining industry.
By Amplify ETFs · Launched 2025
0.76%
#4,048 of 5,861 · expensive
$48M
#3,692 of 5,861 · mid-size
—
12 months
#4,575 of 5,861 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
AlternativeRegion
North americaStrategy
Option income
Index tracked
Nasdaq Junior Silver Miners Index
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- The Amplify SILJ Covered Call ETF seeks investment results that generally correspond to the price and yield of the underlying index, which focuses on companies involved in the silver mining industry.
- Strategy
- The Fund primarily invests in a portfolio of silver mining companies and employs a covered call strategy, where it writes call options on a portion of its equity holdings to generate additional income, while aiming to provide capital appreciation.
- Inception date
- August 18, 2025
- Fund family
- Amplify ETFs
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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
What's next?
You've looked at SLJY. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.
Data updated on 2026-08-04