ETF Evaluator:
Amplify LQD IG 12% Trgt Inc ETF ()
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(as of Aug 26)
Best Performing in Corporate Bond Over the Last Year
| 4.6% | Pacer US Cash Cows Bond ETF (MILK) |
| 3.8% | PGIM Corporate Bond 0-5 Year ETF (PCS) |
| 3.6% | Hilton BDC Corporate Bond ETF (HBDC) |
| 3.5% | iShares Invm Grd Crp Bd Buywrt Stgy ETF (LQDW) |
| 3.3% | State Street SPDR Port ItmtTermCorpBdETF (SPIB) |
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Risk
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ETF Details
Amplify LQD IG 12% Trgt Inc ETF Overview
Amplify LQD IG 12% Trgt Inc ETF (LQDM) is a passively managed Taxable Bond Corporate Bond exchange-traded fund (ETF). Amplify ETFs launched the ETF in 2026.
The investment seeks investment results that generally correspond to the performance (before fees and expenses) of the Bloomberg U.S. Investment Grade Corporate Bond 12% Income Covered Call Index (the “Index”).
The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in securities that are representative of the index. The index is comprised of two components: (i) the Underlying ETF and (ii) a written (sold) one-week expiration, at-the-money call option contract referencing the Underlying ETF that, together, seeks to provide the Target Income. It is non-diversified.
About Amplify LQD IG 12% Trgt Inc ETF (LQDM)
There are 3 members of the management team with an average tenure of 0.28 years: Yunjae Hwang (2026), Woongmin Chun (2026) and Evan Richert (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: Bloomberg US IG Corp BD 12% Inc CC USD index with a weighting of 100%. Amplify LQD IG 12% Trgt Inc ETF has 5 securities in its portfolio. The top 10 holdings constitute 100.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Amplify LQD IG 12% Trgt Inc ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Amplify LQD IG 12% Trgt Inc ETF has 14.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 99.1% (84.4% domestic bond, 14.6% foreign bond and 0.0% convertible bond). Amplify LQD IG 12% Trgt Inc ETF has 0.9% of the portfolio in cash.
Assets Under Management
The fund has $2 million in total assets, which is below the $3 billion average for the Corporate Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
LQDM Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Amplify LQD IG 12% Trgt Inc ETF expense ratio is average compared to funds in the Corporate Bond category. Amplify LQD IG 12% Trgt Inc ETF has an expense ratio of 0.54%, which is 120% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Amplify LQD IG 12% Trgt Inc ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 58% for the Corporate Bond category.
Recently, in the month of July 2026, Amplify LQD IG 12% Trgt Inc ETF returned -1.7%, which earned it a grade of D, as the Corporate Bond category had an average return of -1.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Amplify LQD IG 12% Trgt Inc ETF has a trailing yield of 0.00%, which is below the 5.07% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
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LQDM Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| LQDM Return (NAV) | -1.7% | -1.0% | na | na | na | na |
| LQDM Return (Price) | -1.9% | -1.0% | na | na | na | na |
| NAV +/- Price Return | 0.165% | 0.005% | na | na | na | na |
| Corporate Bond Avg | -1.4% | -0.6% | 2.6% | 4.8% | 0.1% | 2.3% |
| LQDM Grade (NAV) | D | F | na | na | na | na |
| +/- Category (NAV) | -0.3% | -0.3% | na | na | na | na |
| LQDM Tax-Cost Ratio | na | na | na | na | na | na |
LQDM Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| LQDM Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| LQDM Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Corporate Bond Avg | -0.6% | 7.8% | 2.8% | 8.3% | -14.8% | -0.9% | 9.6% | 13.5% | -2.0% | 5.2% | 5.0% |
| LQDM Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 3 Mil |
| Share Class Assets: | $ 3 Mil |
| Turnover: | na |
| Expense Ratio: | 0.54% |
| Index Fund: | Yes |
| Index Tracked: | Bloomberg US IG Corp BD 12% Inc CC USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 0.3 years | |||
| Average Tenure: 0.3 years | |||
| Managers (Year): Hwang Yunjae (2026), Chun Woongmin (2026), Richert Evan (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 5 |
| % in Top 10 Holdings: | 100.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 14.6% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 84.4% |
| Foreign Bond: | 14.6% |
| Convertible Bond: | 0.0% |
| Other: | -0.0% |
| Cash: | 0.9% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Amplify ETFs |
| Phone Number: | 855-267-3837 |
| Website: | |
| Inception Date: | April 20, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.54% (Rating: Avg) |
| Category Average Expense Ratio (%): | 0.25% |
