Amplify BlackSwan ISWN ETF
  
Schedule of Investments
  
June 30, 2025 (Unaudited)
  
   
U.S. TREASURY SECURITIES - 85.6%
    
Par
    
Value
  
United States Treasury Note/Bond
  
0.88%, 11/15/2030
      
3,244,000
    
$
2,781,857
  
1.63%, 05/15/2031
      
3,155,000
      
2,782,685
  
1.38%, 11/15/2031
      
3,256,000
      
2,786,297
  
2.88%, 05/15/2032
      
2,982,000
      
2,782,812
  
4.13%, 11/15/2032
      
2,761,000
      
2,780,629
  
3.38%, 05/15/2033
      
2,920,000
      
2,784,494
  
4.50%, 11/15/2033
      
2,708,000
      
2,782,734
  
4.38%, 05/15/2034
      
2,740,000
      
2,783,990
  
4.25%, 11/15/2034
      
2,775,000
      
2,785,406
  
4.25%, 05/15/2035
      
2,782,000
      
2,787,434
  
TOTAL U.S. TREASURY SECURITIES (Cost $27,825,151)
      
27,838,338
  
                       
PURCHASED OPTIONS - 13.1%(a)
  
Notional Amount
    
Contracts
    
Value
  
Call Options - 13.1%
            
$
–
  
iShares MSCI EAFE ETF (a)(b)
      
–
    
$
–
  
Expiration: 12/19/2025; Exercise Price: $75.01
  
$
14,418,607
      
1,613
      
2,593,688
  
Expiration: 01/15/2027; Exercise Price: $83.01
    
11,781,602
      
1,318
      
1,669,906
  
TOTAL PURCHASED OPTIONS (Cost $3,011,416)
      
4,263,594
  
                         
SHORT-TERM INVESTMENTS - 1.0%
            
Value
 
Money Market Funds - 1.0%
    
Shares
          
Invesco Government & Agency Portfolio - Institutional Class, 4.26% (c)
      
317,799
      
317,799
  
TOTAL SHORT-TERM INVESTMENTS (Cost $317,799)
      
317,799
  
                         
TOTAL INVESTMENTS - 99.7% (Cost $31,154,366)
      
32,419,731
  
Other Assets in Excess of Liabilities - 0.3%
      
103,242
  
TOTAL NET ASSETS - 100.0%
                  
$
32,522,973
  
two
      
–
%
Percentages are stated as a percent of net assets.
      
–
%

(a)
Non-income producing security.
(b)
Exchange-traded.
(c)
100 shares per contract.
(d)
The rate shown represents the 7-day annualized effective yield as of June 30, 2025.


Summary of Fair Value Disclosure as of June 30, 2025 (Unaudited)
 
Amplify BlackSwan ISWN ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
 
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
 
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
 
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.
 
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of June 30, 2025:

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Assets:
                        
Investments:
                        
  U.S. Treasury Securities
    
–
      
27,838,338
      
–
      
27,838,338
  
  Purchased Options
    
–
      
4,263,594
      
–
      
4,263,594
  
  Money Market Funds
    
317,799
      
–
      
–
      
317,799
  
Total Investments
    
317,799
      
32,101,932
      
–
      
32,419,731
  
   
Refer to the Schedule of Investments for further disaggregation of investment categories.