Amplify BlackSwan Growth & Treasury Core ETF
Schedule of Investments
June 30, 2025 (Unaudited)

U.S. TREASURY SECURITIES - 89.4%			Par		Value
United States Treasury Note/Bond
0.88%, 11/15/2030				26,371,000	$	22,614,163
1.63%, 05/15/2031				25,624,000		22,600,168
1.38%, 11/15/2031				26,441,000		22,626,679
2.88%, 05/15/2032				24,190,000		22,574,183
4.13%, 11/15/2032				22,385,000		22,544,143
3.38%, 05/15/2033				23,676,000		22,577,286
4.50%, 11/15/2033				21,947,000		22,552,686
4.38%, 05/15/2034				22,205,000		22,561,494
4.25%, 11/15/2034				22,491,000		22,575,341
4.25%, 05/15/2035				22,528,000		22,572,000
TOTAL U.S. TREASURY SECURITIES (Cost $226,549,862)						225,798,143

PURCHASED OPTIONS - 10.0%^(a)	Notional Amount		Contracts		Value
Call Options - 10.0%					$	–
SPDR S&P 500 ETF Trust ^(b)(c)				–	$	–
Expiration: 12/19/2025; Exercise Price: $585.01	$	116,217,585		1,881		10,591,685
Expiration: 06/18/2026; Exercise Price: $560.01		97,991,010		1,586		14,788,054
TOTAL PURCHASED OPTIONS (Cost $24,633,387)						25,379,739

SHORT-TERM INVESTMENTS - 0.3%					Value
Money Market Funds - 0.3%			Shares
Dreyfus Treasury Securities Cash Management ^(d)				2,367		2,367
Invesco Government & Agency Portfolio - Institutional Class, 4.26% ^(d)				646,823		646,823
TOTAL SHORT-TERM INVESTMENTS (Cost $649,189)						649,190

TOTAL INVESTMENTS - 99.7% (Cost $251,832,438)						251,827,072
Other Assets in Excess of Liabilities - 0.3%						835,454
TOTAL NET ASSETS - 100.0%					$	252,662,526
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 Growth & Treasury Core 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

–

225,798,143

–

225,798,143

Purchased Options

–

25,379,739

–

25,379,739

Money Market Funds

649,190

–

649,190

Total Investments

649,190

251,177,882

–

251,827,072

Refer to the Schedule of Investments for further disaggregation of investment categories.