Amplify Online Retail ETF (IBUY) Surpasses $1 Billion in Assets
12 November 2020 - 5:23PM
Amplify ETFs announces the Amplify Online Retail ETF (NYSE: IBUY)
has surpassed $1 billion in assets under management. IBUY is the
first and largest ETF to focus on the online retail segment, holds
a 5-star Overall Morningstar rating, and is ranked the #1 fund
among 40 funds in the Consumer Cyclical category over a 3-year
period.
Since its inception in April 2016, IBUY has delivered a 255.98%
cumulative return versus the S&P Retail Select Industry Index’s
9.41% return through October 31, 2020. Other broad based indexes,
including the S&P 500 Total Return and the NASDAQ 100 Total
Return, produced 70.19% and 155.70% returns respectively.
“With more than $1 billion in assets, significant outperformance
over broad-based indexes, and the top track record in the consumer
cyclical fund category, we believe IBUY is the bellwether ETF for
the evolving retail sector,” said Christian Magoon, founder and CEO
of Amplify ETFs. “Today just 16% of all U.S. retail sales occur
online, which is why we believe the disruption of the retail
industry is still early in its lifecycle. We expect online retail
stocks to be an attractive market segment for growth-minded
investors for years to come.”
IBUY is an index-based ETF requiring companies to have 70% or
more of revenue from online sales or $100 billion in annual online
sales to qualify for inclusion. In addition, IBUY’s portfolio
equally weights online retail stocks in its two geographic sleeves:
U.S. (75% of the portfolio) and international (25%). This weighting
approach increases portfolio diversification by avoiding
concentrated positions in large capitalized online retail stocks
which often have multiple business units besides online retail.
To learn more about IBUY, visit the ETF’s website.
About Amplify ETFsAmplify ETFs, sponsored by
Amplify Investments LLC, has $2.3 billion in assets across its
suite of ETFs (as of 11/11/20). Amplify ETFs deliver expanded
investment opportunities for growth, capital preservation, and
income-focused investors.
Contacts
Sales Contact: Amplify ETFs855-267-3837info@amplifyetfs.com
orMedia Contact:Gregory FCA for Amplify ETFsCaitlyn Foster,
610-228-2056amplifyetfs@gregoryfca.com
Short-term performance may often reflect conditions that are
likely not sustainable, and thus such performance may not be
repeated in the future.
IBUY Performance
Quarter End as of
9/30/20 |
Fund Inception Date: 4/20/2016 |
Cumulative (%) |
Annualized (%) |
|
1 Mo. |
3 Mo. |
6 Mo. |
YTD |
Since Inception |
1 Yr. |
3 Yr. |
Since Inception |
Fund NAV |
-2.94 |
% |
25.86 |
% |
112.23 |
% |
71.76 |
% |
254.47 |
% |
89.37 |
% |
34.53 |
% |
32.90 |
% |
Closing Price |
-3.04 |
% |
25.56 |
% |
112.55 |
% |
71.82 |
% |
253.93 |
% |
89.23 |
% |
34.38 |
% |
32.85 |
% |
S&P 500 TR Index |
-3.80 |
% |
8.93 |
% |
31.31 |
% |
5.57 |
% |
74.98 |
% |
15.15 |
% |
12.28 |
% |
13.40 |
% |
The performance data quoted represents past performance.
Past performance does not guarantee future results. The investment
return and principal value of an investment will fluctuate so that
an investor's shares, when sold or redeemed, may be worth more or
less than their original cost and current performance may be lower
or higher than the performance quoted. Short-term performance, in
particular, is not a good indication of the fund’s future
performance, and an investment should not be made based solely on
returns. For performance data current to the most recent month-end
please call 855-267-3837 or visit IBUYETF.com. Brokerage
commissions will reduce returns. The Fund’s gross expense ratio is
0.65%
The Fund’s investment objective and strategy differs
substantially from the market indices, which are included for
comparison purposes only. The Standard & Poor's (S&P) 500
Total Return Index is an unmanaged, market-capitalization-weighted
index of the 500 largest U.S. publicly traded companies by market
value, and assumes distributions are reinvested back into the
index. It does not include fees or expenses. It is not possible to
invest directly in an index.
Carefully consider the Fund’s investment objectives,
risk factors, charges and expenses before investing. This and
additional information can be found in the Fund’s statutory and
summary prospectus, which may be obtained by calling 855-267-3837
or by visiting AmplifyETFs.com. Read the prospectus carefully
before investing.
Investing involves risk, including the possible loss of
principal. Shares of any ETF are bought and sold at market price
(not NAV), may trade at a discount or premium to NAV and are not
individually redeemed from the Fund. Brokerage commissions will
reduce returns. Narrowly focused investments typically exhibit
higher volatility. Investments in consumer discretionary companies
are tied closely to the performance of the overall domestic and
international economy, interest rates, competition and consumer
confidence. Online retail companies are subject to risks of
consumer demand and sensitivity to profit margins. A portfolio
concentrated in a single industry, such as the online retail
industry, makes it vulnerable to factors affecting the industry.
The Fund may face more risks than if it were diversified broadly
over numerous industries or sectors. Diversification does not
ensure profits or prevent losses. Additional fund disclosure can be
found here.
© 2020 Morningstar, Inc. All rights reserved. The information
contained herein: (1) is proprietary to Morningstar and/or its
content providers; (2) may not be copied or distributed; and (3) is
not warranted to be accurate, complete, or timely. Neither
Morningstar nor its content providers are responsible for any
damages or losses arising from any use of this information. Past
performance is no guarantee of future results.
The Morningstar Rating™ for funds, or “star rating”, is
calculated for managed products (including mutual funds, variable
annuity and variable life subaccounts, exchange-traded funds,
closed-end funds, and separate accounts) with at least a three-year
history. Exchange-traded funds and open-ended mutual funds are
considered a single population for comparative purposes. It is
calculated based on a Morningstar Risk-Adjusted Return measure that
accounts for variation in a managed product’s monthly excess
performance, placing more emphasis on downward variations and
rewarding consistent performance. The Morningstar Rating does not
include any adjustment for sales loads. The top 10% of products in
each product category receive 5 stars, the next 22.5% receive 4
stars, the next 35% receive 3 stars, the next 22.5% receive 2
stars, and the bottom 10% receive 1 star. The Overall Morningstar
Rating for a managed product is derived from a weighted average of
the performance figures associated with its three-, five-, and
10-year (if applicable) Morningstar Rating metrics. The weights
are: 100% three-year rating for 36-59 months of total returns, 60%
five-year rating/40% three-year rating for 60-119 months of total
returns, and 50% 10-year rating/30% five-year rating/20% three-year
rating for 120 or more months of total returns. While the 10-year
overall star rating formula seems to give the most weight to the
10-year period, the most recent three-year period actually has the
greatest impact because it is included in all three rating periods.
The Amplify Online Retail ETF (IBUY) Fund received 5 stars among 40
Consumer Cyclical funds for the three-year period ending
09/30/20.
Amplify ETFs are distributed by Foreside Fund Services, LLC.
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