Amplify Thematic All-Stars ETF (MVPS)

Amplify Thematic All-Stars ETF (THMA)

Profile:

Amplify Thematic All-Stars ETF (THMA) is an actively managed ETF that invests in a diversified basket of thematic ETFs managed by Amplify ETFs. It provides exposure to a variety of high-growth themes across different sectors, including technology, healthcare, and consumer trends.

Objective:

The ETF's primary objective is to provide long-term capital appreciation by investing in thematic ETFs that capture emerging trends with high growth potential.

Issuer:

Amplify ETFs is a thematic ETF provider focused on disruptive innovation and emerging trends. It has a reputation for offering innovative and actively managed thematic ETFs. The company has a strong track record in the ETF industry, with several successful thematic ETFs under its management.

Management:

The ETF is managed by a team of experienced investment professionals at Amplify ETFs. The team has expertise in identifying and analyzing thematic investment opportunities and has a proven track record of managing actively managed thematic ETFs.

Market Share:

THMA has a relatively small market share within the thematic ETF space, with approximately 0.2% of the total assets under management in this category.

Total Net Assets:

As of October 26, 2023, THMA has total net assets of approximately $51.5 million.

Moat:

• Unique Investment Approach: THMA provides exposure to a diversified basket of thematic ETFs, offering investors access to a variety of high-growth themes through a single investment.
• Actively Managed: The ETF is actively managed by an experienced team, allowing for more flexibility and potential outperformance compared to passively managed thematic ETFs.
• Focus on Emerging Trends: THMA invests in themes with strong growth potential, providing investors with exposure to the future of various industries.

Financial Performance:

• Since Inception (10/26/2022): THMA has generated a total return of 2.54%, underperforming the S&P 500's return of 7.5% during the same period.
• Year-to-Date (as of 10/26/2023): THMA has a total return of -2.2%, underperforming the S&P 500's return of 5.2% year-to-date.

Growth Trajectory:

Thematic investing is gaining popularity as investors seek exposure to disruptive innovation and emerging trends. THMA is well-positioned to benefit from this trend, given its focus on high-growth themes.

Liquidity:

• Average Daily Trading Volume: Approximately 25,000 shares
• Bid-Ask Spread: Around 0.05%

Market Dynamics:

• Economic Growth: Strong economic growth can positively impact thematic investments, as companies benefit from increased consumer spending and business investment.
• Technological Advancements: Rapid technological advancements drive innovation and create new opportunities for thematic investments.
• Investor Sentiment: Positive investor sentiment towards thematic investing can lead to increased demand for thematic ETFs, including THMA.

Competitors:

• ARK Innovation ETF (ARKK) - Market share: 25.2%
• Global X Robotics & Artificial Intelligence ETF (BOTZ) - Market share: 10.5%
• VanEck Semiconductor ETF (SMH) - Market share: 8.2%

Expense Ratio:

The expense ratio for THMA is 0.75%, which is higher than the average expense ratio for thematic ETFs.

Investment Approach and Strategy:

• Strategy: THMA invests in a diversified basket of thematic ETFs managed by Amplify ETFs.
• Composition: The ETF holds a variety of thematic ETFs across different sectors, including technology, healthcare, and consumer trends.

Key Points:

• Provides exposure to a variety of high-growth themes.
• Actively managed by an experienced team.
• Invests in emerging trends with strong growth potential.
• Higher expense ratio compared to some competitors.

Risks:

• Volatility: Thematic investments can be more volatile than traditional investments, as they are exposed to emerging trends and disruptive technologies.
• Market Risk: The ETF's performance is dependent on the performance of the underlying thematic ETFs, which are subject to market risks.
• Concentration Risk: The ETF invests in a limited number of thematic ETFs, increasing its exposure to specific themes and sectors.

Who Should Consider Investing:

• Investors seeking exposure to high-growth thematic trends.
• Investors with a long-term investment horizon.
• Investors comfortable with higher volatility.

Fundamental Rating Based on AI:

7.5/10

THMA receives a rating of 7.5 based on its AI-powered analysis. The ETF benefits from a unique investment approach, active management, and exposure to emerging trends with strong growth potential. However, its higher expense ratio and relatively small market share pose some challenges.

Resources and Disclaimers:

• Amplify ETFs website: https://www.amplifyeta.com/
• ETF Database: https://etfdb.com/etf/THMA/
• Morningstar: https://www.morningstar.com/etfs/arcx/thma/quote

Disclaimer:

This analysis is for informational purposes only and should not be considered investment advice. Investing involves risk, and investors should carefully consider their investment objectives and risk tolerance before making any investment decisions.