Amplify Thematic All-Stars ETF (MVPS) is an exchange-traded fund that seeks to provide investment results corresponding to the price and yield performance of the Day Hagan Thematic All-Stars Index before fees and expenses. The fund invests at least 80% of its net assets in securities that comprise the underlying index, which selects U.S.-listed stocks exhibiting strong momentum characteristics across thematic sectors including artificial intelligence, robotics, cybersecurity, biotechnology, and clean energy; it employs a rules-based, quantitative strategy to identify and weight approximately 40-50 high-conviction names based on multi-factor models emphasizing earnings momentum, price strength, and sector thematic relevance. MVPS offers investors targeted exposure to innovative growth themes through a diversified portfolio of equities, rebalanced quarterly to capture evolving market leaders.
Headquartered in the United States and managed by Amplify ETFs, a division of Tidal Investments LLC founded in 2017 with principal operations in Bedminster, New Jersey, the fund operates primarily in the U.S. equity markets serving retail and institutional investors focused on thematic investing. Geographically, it targets domestic large-, mid-, and small-cap companies with global revenue streams tied to disruptive technologies.
In recent developments, MVPS underwent an index provider transition in late 2023, shifting to the Day Hagan Thematic All-Stars Index from its prior methodology to enhance thematic focus and performance; Amplify ETFs also expanded its distribution through strategic partnerships with major broker-dealers in 2024, alongside a product enhancement launch introducing options overlay strategies for income generation in Q1 2025. No major acquisitions or funding rounds apply, as it remains a sponsor-managed ETF product line.