XRPMAmplify XRP 3% Monthly Option Income ETF
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 2025
0.75%
#3,765 of 5,562 · expensive
$12M
#4,678 of 5,562 · small
—
7 months
#4,980 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
AlternativeRegion
North americaStrategy
Option income
Index tracked
Bloomberg US Investment Grade Corporate Bond 12% Income Covered Call Index
What it actually holds
By weightConcentration
Top 2 holdings = 50.3% of fundmoderately concentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
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 primarily in securities representative of the Index, targeting a 12% annualized income through investments in the iShares iBoxx $ Investment Grade Corporate Bond ETF and selling one-week at-the-money call options on the Underlying ETF to generate Option Premiums.
- Inception date
- November 17, 2025
- 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 2026-06-19