Key stats
About Amplify SILJ Covered Call ETF
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Inception date
Aug 19, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Amplify Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US0321084339
SLJY aims for high income and capital appreciation by investing in silver mining companies and a covered call strategy. The fund invests in SILJ shares (an ETF holding smaller silver companies), selected stocks from its portfolio, and silver ETPs. The fund tactically writes out-of-the-money call options to manage volatility with the target of about 18% annualized option income (1.5% monthly premiums). For its silver ETPs, the synthetic covered call strategy seeks to generate premiums by selling call option contracts of about 5-20% out-of-the-money with expiration dates of one month or less. To offset potential losses, the fund may also employ a covered call spread strategy that simultaneously sells and buys a call option with a higher strike price with the same expiration date. The actively managed fund can adjust the size of the written call option contracts or the strike price at any time. SLJY does not guarantee to achieve its target nor make any distribution for any given period.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Non-Energy Minerals
ETF
Government
Stocks69.23%
Non-Energy Minerals67.65%
Bonds, Cash & Other30.77%
ETF15.21%
Government14.26%
Mutual fund1.98%
Cash1.67%
Rights & Warrants−2.35%
Stock breakdown by region
North America95.06%
Latin America4.94%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SLJY top holdings are Amplify Junior Silver Miners ETF and Pan American Silver Corp., occupying 15.21% and 9.64% of the portfolio correspondingly.
SLJY assets under management is 3.40 M USD. It's risen 172.22% over the last month.
SLJY fund flows account for 3.23 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, SLJY doesn't pay dividends to its holders.
SLJY shares are issued by Amplify Holding Co. LLC under the brand Amplify. The ETF was launched on Aug 19, 2025, and its management style is Active.
SLJY expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
SLJY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SLJY invests in stocks.
SLJY trades at a premium (0.91%) meaning the ETF is trading at a higher price than the calculated NAV.