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Amplify Cash Flow Dividend Leaders ETF

COWSNasdaqAmplifyB

$41.03−0.14 (−0.34%)

As of Nov 10, 2026, 11:24 AM ET

Intraday session: down, 24 prints from 41.17 to 41.03. Range 40.81 to 41.03. Use the arrow keys to read each point.40.8040.9041.1010 AM12 PM2 PM4 PM
Expense ratio
0.19%*
Fund size
$45M
1Y total return
+30.5%
Yield · Last 12 months
1.27%
Holdings
42
Avg volume · 30D
7.94K sh
52W range
low $30.71high $42.17
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Jan 28, 2027. Without it: 0.39%.

The ETF.net COWS Grade

B

Score 57 out of 100

Rank
45 of 99
Six-pillar profile for COWS. Scores out of 100: Cost 71, Risk 50, Mission 69, Tradability 47, Holdings 36, Durability 13. Strongest: Cost (71). Weakest: Durability (13). Leans toward Cost and Mission.

Score 57 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A71 out of 100
    Rank 26 of 99
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B69 out of 100
    Rank 62 of 87
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C50 out of 100
    Rank 48 of 99
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C47 out of 100
    Rank 45 of 99
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D36 out of 100
    Rank 78 of 98
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F13 out of 100
    Rank 97 of 99

Our read on COWS

ETF.net Research

In short

BLots of funds hunt cash cows. COWS wants proof: positive forward and trailing free cash flow yield, plus three straight years of dividend growth. Monthly payouts, 0.19% net of a waiver through January 28, 2027.

Stated mandate

The Fund seeks long-term capital appreciation and monthly income by generally tracking the Kelly US Cash Flow Dividend Leaders Index.

Why people hold it

  • The screen looks forward, not just back: both trailing and analyst-estimated forward free cash flow yield must be positive, then three consecutive years of dividend growth.amplifyetfs.com
  • 0.19% net of a waiver through January 28, 2027 (0.39% gross) sits below the category median fee, and the fund ranks in the upper half of a crowded multifactor group.
  • Equity income paid monthly, no options overlay or bond sleeve. Amplify estimates annual income and pays it in installments.amplifyetfs.com
  • Modified equal weight across 40 to 50 mid- and large-cap names, rebalanced quarterly, so no single cash cow runs the herd.amplifyetfs.comamplifyetfs.com 2

Worth knowing

  • Monthly checks are estimated ahead of time, so part of a payment can be return of capital: your own money coming back, as the fund discloses.amplifyetfs.com
  • Plain-vanilla rivals cost less: VYM charges 0.04% and VONV 0.06% for broad dividend and value exposure, with no waiver propping up the number.
  • A small fund that trades lightly, so spreads run wider than mega-cap staples. The index is proprietary to Kelly Indexes, an affiliate of the fund's sub-adviser.amplifyetfs.com

COWS Performance

Launched Sep 13, 2023

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.
COWS$13,050
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. COWS $13,050. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for COWS. Periods over one year show the average yearly return.
PeriodCOWS
Year to date+24.9%
1 month+10.0%
3 months+3.5%
1 year+30.5%
3 yearsper year+23.0%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for COWS
YearReturn barCOWS
2026 YTD+24.9%
2025+15.3%
2024+11.1%
2023+9.3%

Since listing, Sep 13, 2023

COWS in the news

COWS Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 9, 2026.
1.27%Last 12 months
Payout per share
$0.52Last 12 months
Last payment
$0.05 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 37 payments from 2023 to 2026 YTD. Oct 27, 2023 $0.04; Nov 28, 2023 $0.10; Dec 26, 2023 $0.04; Jan 29, 2024 $0.03; Feb 27, 2024 $0.06; Mar 26, 2024 $0.05; Apr 26, 2024 $0.03; May 30, 2024 $0.07; Jun 27, 2024 $0.06; Jul 30, 2024 $0.04; Aug 29, 2024 $0.07; Sep 27, 2024 $0.05; Oct 30, 2024 $0.04; Nov 27, 2024 $0.05; Dec 27, 2024 $0.08; Jan 30, 2025 $0.07; Feb 27, 2025 $0.07; Mar 28, 2025 $0.06; Apr 29, 2025 $0.03; May 29, 2025 $0.06; Jun 27, 2025 $0.07; Jul 30, 2025 $0.04; Aug 28, 2025 $0.04; Sep 29, 2025 $0.09; Oct 30, 2025 $0.03; Nov 26, 2025 $0.06; Dec 29, 2025 $0.05; Jan 29, 2026 $0.04; Feb 26, 2026 $0.03; Mar 30, 2026 $0.03; Apr 29, 2026 $0.03; May 28, 2026 $0.06; Jun 29, 2026 $0.04; Jul 30, 2026 $0.05; Aug 28, 2026 $0.04; Sep 29, 2026 $0.04; Oct 29, 2026 $0.05. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 29, 2026Pays Dec 30, 2026$0.05
Oct 29, 2026Oct 30, 2026$0.05
Sep 29, 2026Sep 30, 2026$0.04
Aug 28, 2026Aug 31, 2026$0.04
Jul 30, 2026Jul 31, 2026$0.05
Jun 29, 2026Jun 30, 2026$0.04
May 28, 2026May 29, 2026$0.06
Apr 29, 2026Apr 30, 2026$0.03
Mar 30, 2026Mar 31, 2026$0.03
Feb 26, 2026Feb 27, 2026$0.03
Jan 29, 2026Jan 30, 2026$0.04
Dec 29, 2025Dec 30, 2025$0.05

See all 38 payments⁠

$10,000 in COWS 3 years ago paid $778 in dividends.⁠

COWS Risk

How much the fund’s monthly returns vary, scaled to a year.
17.8%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.01
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−24.8%
37 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.88
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

COWS Cost

Overpaying vs VYM, tied cheapest in US Multifactor

$3,103

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • COWS 0.19%

    $3,952

  • VYM 0.04% Tied cheapest

    $849

$10,000
30 years

Cost over time

  • COWS 0.19%
  • VYM 0.04%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530COWS $3,952VYM $849

Year by year

YearCOWSVYMOverpaying
10$347$73$274
20$1,351$288$1,063
30$3,952$849$3,103
How the 0.19% is worked out

Full fee 0.39%− waiver 0.20%= you pay 0.19%

The waiver ends Jan 28, 2027. After that the fee is 0.39% unless Amplify renews it. Source: prospectus, Jan 2026.

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