Amplify Online Retail ETF (IBUY) seeks investment results that correspond generally to the price performance of the EQM Online Retail Index. IBUY is a portfolio of companies generating significant revenue from online and virtual sales. Portfolio holdings fall into four categories: traditional retail, marketplace, omnichannel retail and travel.

Amplify Lithium & Battery Technology ETF (BATT) seeks investment results that correspond generally to the EQM Lithium & Battery Technology Index. BATT is a portfolio of companies generating significant revenue from the development, production and use of lithium battery technology, including: 1) battery storage solutions, 2) battery metals & materials, and 3) electric vehicles (EV).

The Amplify Weight Loss Drug & Treatment ETF (THNR) seeks investment results that generally correspond to the performance of the VettaFi Weight Loss Drug & Treatment Index. THNR provides access to global companies involved in the pharmaceutical manufacturing of GLP-1 agonist or enablers of such businesses.

Amplify Natural Resources Dividend Income ETF (NDIV) seeks investment results that generally correspond to the price and yield of the EQM Natural Resources Dividend Income Index. The Index comprises dividend-paying U.S. exchange-listed equities operating primarily in the natural resource and commodity-related industries such as: energy, chemicals, agriculture, metals & mining, paper products, and timber.

Audio Commentary by Tim Seymour

Cooler Heads Will Prevail

COMMENTARY Volatility and uncertainty arrived in full force in March driven by uncertainty surrounding U.S. trade policies, particularly tariff announcements. Concerns over potential trade wars and their economic fallout led to a sharp sell-off in equities with fears of slower growth and rising inflation dampening investor sentiment. Volatility (VIX) nearly hit 30 and the S&P 500 entered a correction – the first one since 2022 – as economic data, including softening consumer sentiment and revised lower GDP growth forecasts, added to recession worries. Despite some positive economic indicators, like strong job growth, markets remained on edge, with global trade tensions and policy uncertainty overshadowing fundamentals. As the month closed-out, equities rallied off the lows, cautiously optimistic about the road ahead but clearly still on edge.

Audio Commentary by Tim Seymour, IDVO Portfolio Manager

Audio Commentary by Tim Seymour

Chicago, March 28, 2025—Amplify ETFs announces March income distributions for its income ETFs.