Amplify Transformational Data Sharing ETF
ALTAR
Score™
5.1% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
23.9x P/Sales
ratio
2.4x
P/BV
ratio
1.6x Div.
yield
1.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
BLOK provides access to an actively-managed basket of global companies at the forefront of blockchain-based technology.

FUND BASICS
Category Global Equities
Fund Sponsor Amplify Investments
Website www.amplifyetfs.com
Inception date Jan 17, 2017
Assets (mns) $88
Currency USD
Expense ratio 70 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Proprietary
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 53
Wgt avg mkt cap (mns) $147,794
Large cap (>$10bn) 73.5%
Mid cap ($2-10bn) 12.1%
Small cap (<$2bn) 14.4%
Developed mkts 80.7%
Emerging mkts 19.3%

TOP TEN HOLDINGS
GMO INTERNET INC 5.0 %
DIGITAL GARAGE INC 4.0 %
INTERCONTINENTALEXCHANGE INC 3.8 %
GALAXY DIGITAL HOLDINGS LTD. 3.8 %
SQUARE, INC. CLASS A 3.7 %
YAHOO! JAPAN CORP 3.7 %
LINE CORP. SPONSORED ADR 3.4 %
DAUM COMMUNICATIONS CORP 3.4 %
SBI HOLDINGS INC 3.4 %
SILVERGATE CAPITAL CORP. CLASS A 2.9 %
Total 37.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 40.0 %
JAPAN 24.2 %
CHINA 9.8 %
SOUTH KOREA 7.3 %
GERMANY 2.6 %
IRELAND 2.2 %
ISRAEL 1.9 %
TAIWAN 1.7 %
BRITAIN 1.6 %
SPAIN 1.3 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
2.5% 12.9% -- -- -2.1%

Market Correlations
versus... Beta R-squared
S&P500 1.15 85%
MSCI EAFE 1.16 72%
MSCI Emg. Mkts. 0.90 61%

Technical Indicators
Recent close $19.56
30d moving avg. $18.27
Annualized volatility 23.6%
Short interest (ETF) 0.1%
Relative strength (RSI) 68

Liquidity measures
Avg. volume (thou.) 31
Turnover 0.7%
Bid/Ask (% of price) 0.21%
ADV underlying (mns) $60,815

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Amplify Transformational Data Sharing ETF ETF based on the alternatives' overlap in portfolio holdings with BLOK. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: BLOK Expense: 70 bp ALTAR Score™: 5.1%


ALTERNATIVE ETFs BASED ON OVERLAP WITH BLOK
Ticker Fund
Name
Overlap1
vs BLOK
(%)
Expense
ratio
(bp)
Savings
vs BLOK
(bp)
ALTAR
Score™
(%)
ALTAR
vs BLOK
(%)
BLCN Reality Shares Nasdaq NextGen Economy ETF 45.8 68 2 4.6 -0.6
LEGR First Trust Index Digital Transaction & Process Technology E 26.2 65 5 7.4 +2.2
KOIN Innovation Shares NextGen Protocol ETF 23.3 95 -25 4.5 -0.7
GDAT Goldman Sachs Motif Data-Driven World Etf 22.6 50 20 5.2 +0.1
XNTK SPDR Morgan Stanley Technology ETF 21.9 35 35 4.1 -1.1
ARKF ARK Fintech Innovation ETF 21.0 75 -5 0.9 -4.3
AIQ Global X Future Analytics Tech ETF 20.4 68 2 4.2 -0.9
GIGE SoFi Gig Economy ETF 20.3 59 11 -0.6 -5.8
TECB iShares US Tech Breakthrough Multisector ETF 17.5 40 30 4.1 -1.0
IETC iShares Evolved U.S. Technology ETF 16.6 18 52 4.1 -1.0
IGM iShares North American Tech ETF 15.9 46 24 4.1 -1.1
SKYY First Trust Cloud Computing ETF 14.8 60 10 1.9 -3.2
ECOZ TrueMark ESG Active Opportunities ETF 14.6 58 12 4.5 -0.7
PLAT WisdomTree Modern Tech Platforms Fund 14.1 45 25 1.3 -3.8
FDNI First Trust Dow Jones International Internet ETF 13.9 65 5 2.8 -2.4
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 13.8 80 -10 1.8 -3.3
GFIN Goldman Sachs Motif Finance Reimagined ETF 13.6 50 20 5.6 +0.5
FDMO Fidelity Momentum Factor ETF 13.5 29 41 3.9 -1.2
IXN iShares Global Tech ETF 13.4 46 24 4.9 -0.2
OEF iShares S&P 100 ETF 13.3 20 50 5.0 -0.1
OGIG O'Shares Global Internet Giants ETF 13.2 48 22 0.5 -4.6
SPXV ProShares S&P 500 Ex-Health Care ETF 13.0 27 43 5.2 +0.1
VOOG Vanguard S&P 500 Growth ETF 12.8 10 60 4.5 -0.7
SPYG SPDR Portfolio S&P 500 Growth ETF 12.8 4 66 4.5 -0.6
IVW iShares S&P 500 Growth ETF 12.8 18 52 4.4 -0.8
GVIP Goldman Sachs Hedge Industry VIP ETF 12.7 45 25 5.1 -0.1
IWL iShares Russell Top 200 ETF 12.6 15 55 5.2 +0.1
TTAC TrimTabs Float Shrink ETF 12.6 59 11 3.6 -1.5
TTFS AdvisorShares Wilshire Buyback ETF 12.6 91 -21 6.4 +1.3
MGC Vanguard Mega Cap Index Fund 12.6 7 63 5.4 +0.3
XLK Technology Select Sector SPDR Fund 12.5 13 57 5.1 -0.0
IUSG iShares Core S&P US Growth ETF 12.5 4 66 4.5 -0.6
IWY iShares Russell Top 200 Growth ETF 12.5 20 50 4.4 -0.8
SNPE Xtrackers S&P 500 ESG ETF 12.5 11 59 5.3 +0.1
PBP Invesco S&P 500 BuyWrite ETF 12.5 49 21 5.1 -0.0
VEGN US Vegan Climate ETF 12.5 60 10 5.3 +0.2
VGT Vanguard Information Technology Index Fund 12.5 10 60 4.9 -0.2
QTUM Defiance Quantum ETF 12.4 40 30 5.6 +0.4
JKE iShares Morningstar Large-Cap Growth ETF 12.4 25 45 3.5 -1.6
FTEC Fidelity MSCI Information Technology Index ETF 12.4 8 62 4.9 -0.2
HSPX Global X S&P 500 Covered Call ETF 12.4 65 5 5.0 -0.2
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 12.4 86 -16 2.4 -2.7
VONG Vanguard Russell 1000 Growth Index Fund 12.4 8 62 4.5 -0.7
IWF iShares Russell 1000 Growth ETF 12.4 19 51 4.4 -0.8
TDV ProShares S&P Technology Dividend Aristocrats ETF 12.4 45 25 4.8 -0.3
EPS WisdomTree U.S. Earnings 500 Fund 12.4 8 62 6.6 +1.5
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 12.3 20 50 5.1 -0.0
BUYZ Franklin Disruptive Commerce ETF 12.3 50 20 -0.1 -5.3
ESGV Vanguard ESG U.S. Stock ETF 12.2 12 58 5.4 +0.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 12.2 20 50 5.6 +0.4
ESGU iShares MSCI USA ESG Optimized ETF 12.2 15 55 5.2 +0.1
SPXE ProShares S&P 500 Ex-Energy ETF 12.2 27 43 5.5 +0.4
LOWC SPDR MSCI ACWI Low Carbon Target ETF 12.2 20 50 6.5 +1.4
IQSU IQ Candriam ESG US Equity ETF 12.1 9 61 5.3 +0.2
NACP Impact Shares NAACP Minority Empowerment ETF 12.1 75 -5 4.6 -0.5
CATH Global X S&P 500 Catholic Values Custom ETF 12.1 29 41 5.4 +0.3
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 12.1 12 58 4.9 -0.2
FLLV Franklin Liberty U.S. Low Volatility ETF 12.1 29 41 5.7 +0.6
SPLG SPDR Portfolio Large Cap ETF 12.0 3 67 5.6 +0.5
SPY SPDR S&P 500 ETF Trust 12.0 9 61 5.5 +0.4
IVV iShares Core S&P 500 ETF 12.0 4 66 5.6 +0.4
JQUA JPMorgan U.S. Quality Factor ETF 12.0 12 58 5.3 +0.2
VOO VANGUARD S&P 500 ETF 12.0 3 67 5.6 +0.5
CRBN iShares MSCI ACWI Low Carbon Target ETF 12.0 20 50 6.5 +1.4
KRMA Global X Conscious Companies ETF 12.0 43 27 5.4 +0.2
EXT WisdomTree U.S. Total Earnings Fund 12.0 28 42 5.9 +0.7
DSI iShares MSCI KLD 400 Social ETF 12.0 25 45 5.3 +0.2
PBUS Invesco PureBeta MSCI USA ETF 12.0 4 66 5.4 +0.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 12.0 2 68 5.5 +0.4
VV Vanguard Large-Cap Index Fund 11.9 4 66 5.4 +0.3
NULC Nuveen ESG Large-Cap ETF 11.9 20 50 5.3 +0.2
DRIV Global X Autonomous & Electric Vehicles ETF 11.9 68 2 6.1 +1.0
IYW iShares U.S. Technology ETF 11.9 42 28 4.4 -0.7
SCHX Schwab U.S. Large-Cap ETF 11.8 3 67 5.5 +0.3
ACWI iShares MSCI ACWI ETF 11.8 32 38 6.2 +1.1
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 11.8 15 55 6.4 +1.3
SFY SoFi Select 500 ETF 11.8 0 70 5.4 +0.2
FQAL Fidelity Quality Factor ETF 11.8 29 41 5.5 +0.4
SOCL Global X Social Media ETF 11.7 65 5 2.3 -2.8
XLG Invesco S&P 500 Top 50 ETF 11.7 20 50 4.7 -0.4
MMTM SPDR S&P 1500 Momentum Tilt ETF 11.7 12 58 5.1 0.0
SCHK Schwab 1000 Index ETF 11.7 5 65 5.4 +0.3
IWB iShares Russell 1000 ETF 11.7 15 55 5.3 +0.2
SPTM SPDR Portfolio Total Stock Market ETF 11.6 3 67 5.7 +0.5
VONE Vanguard Russell 1000 ETF 11.6 8 62 5.4 +0.3
MGK Vanguard Mega Cap Growth ETF 11.6 7 63 4.4 -0.8
IYY iShares Dow Jones U.S. ETF 11.6 20 50 5.3 +0.2
ENTR Entrepreneur 30 Fund 11.5 49 21 3.3 -1.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 11.5 9 61 6.3 +1.2
SCHG Schwab U.S. Large-Cap Growth ETF 11.5 4 66 4.3 -0.8
VUG Vanguard Growth Index Fund 11.5 4 66 4.2 -0.9
LRGE ClearBridge Large Cap Growth ESG ETF 11.4 60 10 4.0 -1.1
SCHB Schwab U.S. Broad Market ETF 11.4 3 67 5.4 +0.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 11.4 3 67 5.3 +0.2
PNQI Invesco NASDAQ Internet ETF 11.4 62 8 1.2 -3.9
ESG FlexShares STOXX US ESG Impact Index Fund 11.4 32 38 5.3 +0.1
IWV iShares Russell 3000 ETF 11.3 20 50 5.2 +0.1
RFFC RiverFront Dynamic US Flex-Cap ETF 11.3 52 18 5.6 +0.4
JOYY Infusive Compounding Global Equities ETF 11.3 50 20 3.9 -1.2
VTHR Vanguard Russell 3000 Index Fund 11.3 10 60 5.3 +0.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Amplify Transformational Data Sharing ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 8.8 %
Divided by: Fwd. P/BV 1.5 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 5.1 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.42 CATEGORY
AVERAGE
1.51
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.