Christian Magoon, CEO, Amplify ETFs joined Keith Black, Managing Director, RIA Channel to discuss ETF trends and opportunities.
While thematic growth stocks struggled in 2022, high quality equity income strategies performed relatively well, driving increased ETF flows and investor demand.
The Amplify CWP Enhanced Dividend Income ETF (DIVO) provides exposure to high quality, blue chip dividend stocks alongside tactical covered calls on individual stocks. The actively managed ETF sees to enhance income potential while minimizing pricing volatility. The Amplify Natural Resources Dividend Income ETF (NDIV) is a dividend income strategy focused on the energy sector, and seeks to capitalize on the energy transition and companies with dividend growth potential. NDIV uniquely offers exposure to both traditional fossil fuel-based companies and new clean energy-based companies. Magoon also points to increased flows in the Amplify Lithium & Amplify Battery Technology ETF (BATT), which benefits from the adoption of electric vehicles and bills designed to incentivize clean energy. In terms of outflows, crypto equity ETFs are near the top of the list. While the Amplify Transformational Data Sharing ETF (BLOK) saw sharp declines in 2022, Magoon points to the long-term growth opportunity in blockchain technology.
Since launching in 2016, Amplify ETFs has rolled out a diverse lineup of thematic, core and income ETFs. Harnessing the efficiency and transparency of the ETF structure, Amplify partners with leading index providers and asset managers to deliver access to unique investment strategies and market segments.
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