Amplify SILJ Covered Call ETF
SLJY
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Charles Alan Ragauss
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 3333 Warrenville Road Lisle IL United States of America 60532
- IPO Date
- Aug 19, 2025
- Website
- amplifyetfs.com
- Similar Companies
- Business
- Amplify ETF Trust - Amplify SILJ Covered Call ETF (SLJY) is an actively managed exchange-traded fund that seeks high monthly income and capital appreciation through exposure to junior silver mining companies combined with a tactical covered call options strategy. The fund primarily invests at least 80% of its net assets in financial instruments providing exposure to equity securities held by the Amplify Junior Silver Miners ETF (SILJ), including its underlying equities, and silver exchange-traded products (ETPs) that track spot silver prices; it employs out-of-the-money (OTM) covered call and covered call spread options strategies on these holdings to target 18% annualized option premium income while allowing for partial upside participation in the underlying assets. SLJY pays monthly distributions, which may include return of capital, and operates with a total expense ratio of 0.75%. Launched on August 19, 2025, and listed on NYSE Arca, SLJY represents the latest addition to Amplify ETFs' YieldSmart suite of options-based income strategies, complementing the related SILJ ETF, which surpassed $3 billion in assets under management as of November 30, 2025 amid strong silver market demand driven by industrial applications in AI, electrification, and monetary policy shifts. Amplify ETF Trust, sponsored by Amplify Investments LLC (the investment adviser) with Tidal Investments LLC as sub-adviser, manages over $16.6 billion in assets across more than 70 actively managed and index-based ETFs focused on growth, income, and thematic strategies as of November 30, 2025. The trust, founded through Amplify Investments established around 2016 by ETF industry veteran Christian Magoon, is headquartered at 3333 Warrenville Road, Suite 350, Lisle, Illinois 60532. Recent developments for Amplify ETF Trust include substantial AUM growth from $10 billion at the start of 2025 to over $16.6 billion by late November, outpacing industry averages through organic inflows, market appreciation, and prior acquisitions such as ETF Managers Group in spring 2023 that expanded its lineup to 31 ETFs. The SLJY launch aligns with heightened investor interest in silver miners, as evidenced by SILJ's record performance and asset milestone, positioning SLJY to capitalize on volatility monetization in this non-diversified, high-beta sector with low correlation to traditional equities and bonds. Distributions by Amplify ETFs, including SLJY, are supported by tactical weekly options rolls to sustain targeted premiums amid volatile metals and mining markets.