Amplify Transformational Data Sharing ETF
ALTAR
Score™
4.3% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
27.9x P/Sales
ratio
3.0x
P/BV
ratio
2.5x Div.
yield
1.2%


  • 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 16, 2018
Assets (mns) $131
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 56
Wgt avg mkt cap (mns) $152,078
Large cap (>$10bn) 68.4%
Mid cap ($2-10bn) 15.4%
Small cap (<$2bn) 14.6%
Developed mkts 77.5%
Emerging mkts 22.5%

TOP TEN HOLDINGS
YAHOO! JAPAN CORP 4.9 %
SQUARE, INC. CLASS A 4.9 %
GALAXY DIGITAL HOLDINGS LTD. 4.3 %
GMO INTERNET INC 4.1 %
DAUM COMMUNICATIONS CORP 3.7 %
SILVERGATE CAPITAL CORP. CLASS A 3.3 %
JD.COM INC-ADR 3.0 %
DIGITAL GARAGE INC 3.0 %
INTERCONTINENTALEXCHANGE INC 2.9 %
NVIDIA CORP 2.9 %
Total 37.1 %

TOP COUNTRY EXPOSURE
UNITED STATES 42.3 %
JAPAN 21.9 %
CHINA 11.1 %
SOUTH KOREA 7.6 %
TAIWAN 2.2 %
IRELAND 1.9 %
ISRAEL 1.8 %
CANADA 1.3 %
GERMANY 1.3 %
BRITAIN 1.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru September 30)
Year-to-date 1 year 5 years 10 years Since Incep.
30.7% 39.4% -- -- 7.5%

Market Correlations
versus... Beta R-squared
S&P500 1.21 83%
MSCI EAFE 1.23 70%
MSCI Emg. Mkts. 0.95 63%

Technical Indicators
Recent close $26.03
30d moving avg. $24.88
Annualized volatility 24.7%
Short interest (ETF) 0.2%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 56
Turnover 1.1%
Bid/Ask (% of price) 0.16%
ADV underlying (mns) $59,048

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™: 4.3%


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 41.6 68 2 5.4 +1.2
KOIN Innovation Shares NextGen Protocol ETF 25.0 95 -25 4.4 +0.1
ARKF ARK Fintech Innovation ETF 22.1 75 -5 0.3 -4.0
GDAT Goldman Sachs Motif Data-Driven World Etf 22.1 50 20 4.6 +0.4
XNTK SPDR NYSE Technology ETF 21.3 35 35 3.4 -0.8
LEGR First Trust Index Digital Transaction & Process Technology E 20.5 65 5 9.7 +5.5
AIQ Global X Future Analytics Tech ETF 18.8 68 2 4.0 -0.3
GIGE SoFi Gig Economy ETF 18.6 59 11 -0.8 -5.1
ARKW ARK Web x.0 ETF 16.4 76 -6 -0.8 -5.1
THNQ ROBO Global Artificial Intelligence ETF 16.3 68 2 1.6 -2.6
TECB iShares US Tech Breakthrough Multisector ETF 16.1 40 30 3.9 -0.4
SFYF SoFi 50 ETF 14.8 29 41 2.0 -2.2
IETC iShares Evolved U.S. Technology ETF 14.7 18 52 3.7 -0.6
IGM iShares Expanded Tech Sector ETF 14.5 46 24 3.7 -0.6
GVIP Goldman Sachs Hedge Industry VIP ETF 14.4 45 25 3.7 -0.6
FDNI First Trust Dow Jones International Internet ETF 14.2 65 5 2.0 -2.2
SKYY First Trust Cloud Computing ETF 14.2 60 10 2.4 -1.9
QTUM Defiance Quantum ETF 13.8 40 30 5.5 +1.2
WUGI Esoterica NextG Economy ETF 13.5 75 -5 1.5 -2.8
OGIG O'Shares Global Internet Giants ETF 13.0 48 22 0.5 -3.7
GFIN Goldman Sachs Motif Finance Reimagined ETF 12.8 50 20 5.3 +1.0
ECOZ TrueMark ESG Active Opportunities ETF 12.7 58 12 3.6 -0.7
BUYZ Franklin Disruptive Commerce ETF 12.7 50 20 -0.2 -4.5
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 12.7 86 -16 2.1 -2.1
FMK First Trust Mega Cap AlphaDEX Fund 12.5 70 0 4.4 +0.2
QTEC First Trust NASDAQ-100 Technology Sector Index Fund 12.4 57 13 5.0 +0.7
AIEQ AI Powered Equity ETF 12.3 87 -17 2.7 -1.6
EEMO Invesco S&P Emerging Markets Momentum ETF 12.2 29 41 4.0 -0.3
VEGN US Vegan Climate ETF 12.1 60 10 4.9 +0.6
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 12.1 60 10 4.4 +0.2
WFH Direxion Work From Home ETF 12.0 45 25 5.3 +1.1
IXN iShares Global Tech ETF 12.0 46 24 4.3 +0.0
EBIZ Global X E-Commerce ETF 11.8 50 20 2.4 -1.9
FTEC Fidelity MSCI Information Technology Index ETF 11.8 8 62 4.4 +0.1
XT iShares Exponential Technologies ETF 11.7 47 23 4.8 +0.6
VGT Vanguard Information Technology Index Fund 11.7 10 60 4.3 +0.1
ENTR Entrepreneur 30 Fund 11.7 49 21 1.2 -3.1
QYLD Global X NASDAQ 100 Covered Call ETF 11.7 60 10 3.4 -0.9
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 11.5 60 10 3.4 -0.9
IWY iShares Russell Top 200 Growth ETF 11.5 20 50 3.8 -0.5
DRIV Global X Autonomous & Electric Vehicles ETF 11.4 68 2 5.8 +1.5
SOCL Global X Social Media ETF 11.4 65 5 1.6 -2.7
QQQ Invesco QQQ Trust 11.4 20 50 3.7 -0.6
PNQI Invesco NASDAQ Internet ETF 11.4 60 10 0.9 -3.3
JKE iShares Morningstar Large-Cap Growth ETF 11.4 25 45 2.9 -1.4
QQQM Invesco NASDAQ 100 ETF 11.4 15 55 3.9 -0.4
IRBO iShares Robotics & Artificial Intelligence ETF 11.3 47 23 2.5 -1.8
XLK Technology Select Sector SPDR Fund 11.3 13 57 4.6 +0.3
FFTY Innovator IBD 50 ETF 11.3 80 -10 4.4 +0.1
MGK Vanguard Mega Cap Growth ETF 11.2 7 63 3.9 -0.3
NUSI Nationwide Risk-Managed Income ETF 11.2 68 2 3.2 -1.0
FDG American Century Focused Dynamic Growth ETF 11.1 45 25 1.6 -2.7
IWF iShares Russell 1000 Growth ETF 10.9 19 51 3.6 -0.7
IYW iShares U.S. Technology ETF 10.9 43 27 3.8 -0.5
VONG Vanguard Russell 1000 Growth Index Fund 10.7 8 62 3.7 -0.5
XLG Invesco S&P 500 Top 50 ETF 10.6 20 50 4.3 +0.1
NULC Nuveen ESG Large-Cap ETF 10.6 20 50 4.9 +0.6
MTUM iShares Edge MSCI USA Momentum Factor ETF 10.5 15 55 4.1 -0.2
VUG Vanguard Growth Index Fund 10.4 4 66 3.8 -0.5
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 10.3 49 21 7.9 +3.6
FDMO Fidelity Momentum Factor ETF 10.3 29 41 3.2 -1.1
DSI iShares MSCI KLD 400 Social ETF 10.2 25 45 4.9 +0.7
IWL iShares Russell Top 200 ETF 10.1 15 55 4.7 +0.5
VOOG Vanguard S&P 500 Growth ETF 10.1 10 60 4.1 -0.1
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 10.1 21 49 3.0 -1.3
IQSU IQ Candriam ESG US Equity ETF 10.1 9 61 4.9 +0.6
HIPR Direxion High Growth ETF 10.1 40 30 4.4 +0.2
MGC Vanguard Mega Cap Index Fund 10.1 7 63 4.9 +0.7
LOWC SPDR MSCI ACWI Low Carbon Target ETF 10.0 20 50 5.9 +1.6
IVW iShares S&P 500 Growth ETF 10.0 18 52 16.7 +12.5
SPYG SPDR Portfolio S&P 500 Growth ETF 10.0 4 66 4.2 -0.1
JHMT John Hancock Multifactor Technology ETF 10.0 40 30 4.7 +0.4
BKLC BNY Mellon US Large Cap Core Equity ETF 10.0 0 70 4.9 +0.7
ALFA AlphaClone Alternative Alpha ETF 10.0 65 5 -0.5 -4.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 10.0 20 50 5.9 +1.6
SPXV ProShares S&P 500 Ex-Health Care ETF 10.0 27 43 4.8 +0.5
ESGV Vanguard ESG U.S. Stock ETF 9.9 12 58 4.9 +0.6
FLLV Franklin Liberty U.S. Low Volatility ETF 9.9 29 41 5.3 +1.1
JQUA JPMorgan U.S. Quality Factor ETF 9.9 12 58 5.2 +1.0
TTTN UP Fintech China-U.S. Internet Titans ETF 9.9 59 11 4.2 -0.0
OEF iShares S&P 100 ETF 9.8 20 50 4.6 +0.3
TTAC TrimTabs All Cap U.S. Free-Cash-Flow ETF 9.8 59 11 3.8 -0.5
IUSG iShares Core S&P US Growth ETF 9.8 4 66 4.2 -0.1
MMTM SPDR S&P 1500 Momentum Tilt ETF 9.8 12 58 4.5 +0.3
SPGM SPDR Portfolio MSCI Global Stock Market ETF 9.8 9 61 5.7 +1.5
RFDA RiverFront Dynamic US Dividend Advantage ETF 9.8 52 18 4.9 +0.7
ACWI iShares MSCI ACWI ETF 9.8 32 38 5.6 +1.4
MMLG First Trust Multi-Manager Large Growth ETF 9.7 85 -15 2.0 -2.2
PTF Invesco DWA Technology Momentum ETF 9.7 60 10 0.1 -4.2
RYT Invesco S&P 500 Equal Weight Technology ETF 9.7 40 30 6.5 +2.3
WOMN Impact Shares YWCA Women's Empowerment ETF 9.6 75 -5 4.1 -0.2
TDV ProShares S&P Technology Dividend Aristocrats ETF 9.6 46 24 4.8 +0.5
ADRE Invesco BLDRS Emerging Markets 50 ADR Index Fund 9.6 18 52 4.8 +0.6
QQEW First Trust Nasdaq-100 Equal Weighted Index Fund 9.5 59 11 4.2 -0.1
SPQQ Siren Large Cap Blend Index ETF 9.5 20 50 4.7 +0.4
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares 9.5 35 35 4.4 +0.2
SFY SoFi Select 500 ETF 9.5 0 70 4.9 +0.7
FDLO Fidelity Low Volatility Factor ETF 9.4 29 41 5.1 +0.8
XOUT GraniteShares XOUT U.S. Large Cap ETF 9.4 60 10 3.9 -0.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 9.4 20 50 4.7 +0.5

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 12.0 %
Divided by: Fwd. P/BV 2.4 x
Less: Expense ratio 70 bp
Equals: ALTAR Score 4.3 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.40 CATEGORY
AVERAGE
1.49
 
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.