RECAP Amplify CWP Enhanced Dividend Income ETF (DIVO) received a 5-star Morningstar RatingTM for the overall period based on risk-adjusted return among 82 funds in the Derivative Income category (as of 05/31/23). DIVO returned 4.04% on a net asset value (NAV) compared to its benchmarks, the S&P 500 TR Index at 0.43% and the CBOE S&P 500 BuyWrite Index at 0.96% for month ending May 31, 2023. The information technology sector (11.60%) contributed most significantly to DIVO’s return for the month of May 2023. Energy (11.18%) and consumer staples (13.22%) contributed the least to DIVO's return during the period, respectively. Positions that contributed most significantly included Microsoft Corp. (5.51%) and Apple Inc. (4.41%). Positions that detracted most significantly included Chevron Corp. (5.01%) and Procter and Gamble Co. (5.01%), respectively. The portfolio held one covered calls at the end of May 2023: Microsoft Corp.
RECAP 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 is comprised of 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. NDIV returned -5.93% on a net asset value (NAV) compared to its benchmark, the EQM Natural Resources Dividend Income Index at -5.84% for the month, as of May 31, 2023. The paper & forest products (1.57%) contributed most significantly to NDIV's return for the month of May 2023. The following industries detracted from the portfolio: oil, gas & consumable fuels (76.49%), chemicals (13.52%), and metals & mining (8.42%). Positions that contributed most significantly included Petroleo Brasileiro (5.39%), Kinetik Holdings Inc. (3.60%) and Suzano (1.56%). Positions that detracted most significantly included Equinor (2.86%) and Devon Energy Corp. (1.93%), respectively.
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