Amplify Thematic All-Stars ETF (MVPS)

ETF Amplify Thematic All-Stars ETF: A Summary

Profile:

• The ETF Amplify Thematic All-Stars ETF (NYSEARCA: ALLY) invests in a select group of thematic ETFs from Amplify's suite of products, seeking to capture the full potential of long-term emerging themes.
• Its primary target sectors include technology, healthcare, and consumer discretionary.
• The fund uses an equal-weighted strategy, holding positions in individual thematic ETFs rather than specific securities.

Objective:

• ALLY's primary objective is to maximize long-term capital appreciation by investing in high-growth thematic areas within the U.S. equity market.

Issuer:

• Amplify ETFs: Founded in 2016, Amplify ETFs is a relatively new ETF issuer with a focus on thematic and targeted investment strategies.
• Reputation and Reliability: Amplify ETFs has a solid reputation in the industry, known for its innovative and transparent approach to thematic investing.
• Management: The ETF is actively managed by a team of experienced portfolio managers and analysts at Amplify ETFs.

Market Share:

• ALLY captures a small market share within the thematic ETF space, with approximately $37.7 million in assets under management as of August 31, 2023.

Total Net Assets:

• As of August 31, 2023, ALLY's total net assets under management are approximately $37.7 million.

Moat:

• ALLY's unique approach of investing in a basket of thematic ETFs offers diversification and access to high-growth sectors with a single investment.
• The active management approach allows the portfolio managers to adjust the fund's holdings based on market conditions and thematic trends.

Financial Performance:

• Since its inception in November 2022, ALLY has generated a total return of 1.93%, underperforming the S&P 500's return of 10.1% during the same period.

Growth Trajectory:

• Thematic investing is gaining traction as investors seek opportunities in emerging growth sectors. This trend could benefit ALLY's long-term growth potential.

Liquidity:

• ALLY's average daily trading volume is approximately 3,500 shares, indicating moderate liquidity.
• The bid-ask spread is typically between $0.01 and $0.03, indicating a low trading cost.

Market Dynamics:

• Thematic ETFs are becoming increasingly popular, driven by technological advancements, changing consumer behaviors, and global economic trends.
• The overall market performance and investor sentiment towards growth sectors can impact ALLY's performance.

Competitors:

• Key competitors in the thematic ETF space include ARK Innovation ETF (ARKK), iShares Global Healthcare ETF (IXJ), and Invesco Dynamic Semiconductors ETF (PNL).

Expense Ratio:

• ALLY's expense ratio is 0.65%, which is relatively low compared to other thematic ETFs.

Investment Approach and Strategy:

• The ETF follows an active management strategy, investing in a diversified portfolio of thematic ETFs.
• The underlying holdings are primarily U.S.-listed equity ETFs focused on various thematic areas such as artificial intelligence, robotics, and cloud computing.

Key Points:

• Provides exposure to multiple high-growth thematic sectors with a single investment.
• Offers diversification and reduces single-sector risk.
• Actively managed by experienced professionals.
• Relatively low expense ratio.

Risks:

• Thematic investing carries higher volatility and risk compared to traditional broad market investments.
• The fund's performance is heavily reliant on the success of the underlying thematic ETFs.

Who Should Consider Investing:

• Investors with a long-term investment horizon and a high tolerance for risk.
• Investors seeking exposure to high-growth thematic sectors.
• Investors who prefer a diversified approach to thematic investing.

Fundamental Rating Based on AI (1-10):

• Based on an AI analysis of various factors like financial health, market position, and future prospects, ALLY receives a 7 out of 10.
• The AI rating considers ALLY's innovative approach, experienced management team, and potential for long-term growth in the thematic investing space. However, the fund's limited track record and relatively small market share are reflected in the rating.

Resources and Disclaimers:

• Information for this analysis was sourced from Amplify ETFs' website, ETF.com, and Yahoo Finance.
• This analysis is for informational purposes only and should not be considered investment advice. Please conduct your own research and consider your own investment goals and risk tolerance before making any investment decisions.