Amplify Energy & Natural Resources Covered Call ETF
$34.20+0.06 (+0.16%)
- Expense ratio
- 0.59%
- Fund size
- $31M
- 1Y return
- +30.7%
- Yield · Last 12 months
- 8.33%
- Holdings
- 49
- Volume · 30D
- 0M sh
- NAV per share
- $34.01
- 52W range
The ETF.net NDIV Grade
Score 56 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 83Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 44Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 14Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 60Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 53Category rank
Our read on NDIV
BMost covered-call ETFs sit on the S&P 500. NDIV writes calls on roughly 50 high-dividend energy, metals, timber and farm names, selling only as many each month as its index needs to hit a 0.50% premium target.
The fund seeks to track, before fees and expenses, the VettaFi Energy and Natural Resources Covered Call Index.
Why people hold it
- The overlay is dialed, not blanket: the index varies how many calls it sells each month to target 0.50% premium (6% annualized), leaving part of the equity upside uncalled.sec.gov
- Undercuts most of its options-income group on fee at 0.59%, below peers like KNG (0.74%) and ACYN (0.75%).
- The stock sleeve screens for dividend payers earning most of their revenue from oil and gas, chemicals, agriculture, metals and mining, paper or timber, plus a non-energy minimum.amplifyetfs.com
- Pays monthly, and the fund's documents set a design target of at least 10% annual income from dividends plus option premium, with no guarantee the premium target is met.sec.gov
Worth knowing
- Sits among the smaller, thinner-trading funds in its peer group, so bid-ask spreads can be wider than on the big index buywrites.
- Concentrated by design: roughly 50 commodity-linked dividend payers, so oil, gas and metals price swings drive the ride.amplifyetfs.com
- The overlay arrived after launch. The fund debuted in 2022 as a plain natural-resources dividend ETF, so part of its live record predates the current strategy.amplifyetfs.com
NDIV Holdings
- Stocks
- 49
- 54%
- CRGY
Sectors
- Energy75.5%
- Materials19.6%
- Industrials4.7%
- Financials0.2%
Geography
- United States66.41%
- United Kingdom10.10%
- Canada8.25%
- Brazil5.42%
- France5.12%
- Bermuda4.69%
Developed 70% · Emerging 30%
NDIV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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.
| Period | NDIV |
|---|---|
| Year to date | +35.6% |
| 1 month | −4.2% |
| 3 months | +7.2% |
| 1 year | +30.7% |
| 3 years | +16.3% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NDIV |
|---|---|---|
| 2026 YTD | +35.6% | |
| 2025 | +2.9% | |
| 2024 | +6.2% | |
| 2023 | +15.5% | |
| 2022 | +1.0% |
NDIV in the news
ETF.net Research hasn’t filed on NDIV yet — coverage lands here as it’s written.
NDIV Dividends
- 8.33%
- $2.85
- $0.35 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 28, 2026 | Aug 31, 2026 | $0.35 |
| Jul 30, 2026 | Jul 31, 2026 | $0.33 |
| Jun 29, 2026 | Jun 30, 2026 | $0.30 |
| May 28, 2026 | May 29, 2026 | $0.33 |
| Apr 29, 2026 | Apr 30, 2026 | $0.32 |
| Mar 30, 2026 | Mar 31, 2026 | $0.30 |
| Feb 26, 2026 | Feb 27, 2026 | $0.27 |
| Jan 29, 2026 | Jan 30, 2026 | $0.13 |
| Dec 30, 2025 | Dec 31, 2025 | $0.17 |
| Nov 26, 2025 | Nov 28, 2025 | $0.11 |
| Oct 30, 2025 | Oct 31, 2025 | $0.12 |
| Sep 29, 2025 | Sep 30, 2025 | $0.12 |
NDIV Risk
- 16.6%
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.
- 0.78
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.
- −19.7%
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.
- 0.17
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NDIV Cost
- The middle half of Index Option Income funds
- Median 0.81%
4 of the 25 Index Option Income funds charge less.