ETF Evaluator:
Amplify Solana 3% Monthly Opt Inc ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Digital Assets Over the Last Year
| 1090.2% | Grayscale Zcash Trust (ZEC) (ZCSH) |
| 112.1% | ProShares UltraShort Bitcoin ETF (SBIT) |
| 35.7% | ProShares Short Ether ETF (SETH) |
| 12.3% | Simplify US Equity PLUS Bitcoin Stgy ETF (SPBC) |
| 10.8% | Proshares UltraShort Ether ETF (ETHD) |
Risk
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Risk
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ETF Details
Amplify Solana 3% Monthly Opt Inc ETF Overview
Amplify Solana 3% Monthly Opt Inc ETF (SOLM) is an actively managed Miscellaneous Digital Assets exchange-traded fund (ETF). Amplify ETFs launched the ETF in 2025.
The investment seeks to balance high income and capital appreciation through investment exposure to the price return of SOL and a covered call strategy.
The fund seeks to participate in the price return of SOL (“SOL Price”) and to generate a high level of annualized option premium by selling options on U.S.-regulated ETFs that provide exposure to SOL (“Solana ETPs”). SOL is a digital asset that is created and transmitted through the operations of the peer-to-peer Solana network, a decentralized network of computers that operates on cryptographic protocols. The fund is non-diversified.
About Amplify Solana 3% Monthly Opt Inc ETF (SOLM)
There are 5 members of the management team with an average tenure of 0.74 years: Dustin Lewellyn (2025), Ernesto Tong (2025), Gerry O’Donnell (2025), Christine Johanson (2025) and Kevin Kelly (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
Amplify Solana 3% Monthly Opt Inc ETF has 13 securities in its portfolio. The top 10 holdings constitute 107.7% 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 Solana 3% Monthly Opt Inc ETF is part of the Other global asset class and is within the Miscellaneous ETF group. Amplify Solana 3% Monthly Opt Inc ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 30.4% 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 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Amplify Solana 3% Monthly Opt Inc ETF has 51.7% of the portfolio in cash.
Assets Under Management
The fund has $1 million in total assets, which is below the $564 million average for the Digital Assets 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.
SOLM 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 Solana 3% Monthly Opt Inc ETF expense ratio is above average compared to funds in the Digital Assets category. Amplify Solana 3% Monthly Opt Inc ETF has an expense ratio of 0.75%, which is 23% lower than its category average, making the fund expense ratio grade a C. 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 Solana 3% Monthly Opt 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 82% for the Digital Assets category.
Recently, in the month of July 2026, Amplify Solana 3% Monthly Opt Inc ETF returned -2.9%, which earned it a grade of D, as the Digital Assets category had an average return of 2.9%. 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 Solana 3% Monthly Opt Inc ETF has a trailing yield of 0.00%, which is below the 15.12% 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.
Amplify Solana 3% Monthly Opt Inc ETF Grades
Year to date, the ETF has returned -47.7%, 17.0 percentage points worse than the category, which translates into a grade of F.
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SOLM 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 |
|
| SOLM Return (NAV) | -2.9% | -19.6% | na | na | na | na |
| SOLM Return (Price) | -2.1% | -19.5% | na | na | na | na |
| NAV +/- Price Return | -0.859% | -0.100% | na | na | na | na |
| Digital Assets Avg | 2.9% | -16.7% | -32.2% | 6.2% | -17.1% | 54.9% |
| SOLM Grade (NAV) | D | D | na | na | na | na |
| +/- Category (NAV) | -5.9% | -2.8% | na | na | na | na |
| SOLM Tax-Cost Ratio | na | na | na | na | na | na |
SOLM Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| SOLM Return (NAV) | -47.7% | na | na | na | na | na | na | na | na | na | na |
| SOLM Return (Price) | -47.2% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.011% | na | na | na | na | na | na | na | na | na | na |
| Digital Assets Avg | -30.7% | -9.9% | 65.8% | 127.8% | -72.3% | 199.4% | 175.1% | 11.8% | -81.4% | 1391.4% | 119.9% |
| SOLM Grade (NAV) | F | na | na | na | na | na | na | na | na | na | na |
| +/- Category | -17.0% | 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: | $ 1 Mil |
| Share Class Assets: | $ 1 Mil |
| Turnover: | na |
| Expense Ratio: | 0.75% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 0.7 years | |||
| Average Tenure: 0.7 years | |||
| Managers (Year): Lewellyn Dustin (2025), Tong Ernesto (2025), O’Donnell Gerry (2025), Johanson Christine (2025), Kelly Kevin (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 13 |
| % in Top 10 Holdings: | 107.7% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 30.4% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 17.9% |
| Cash: | 51.7% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Amplify ETFs |
| Phone Number: | 855-267-3837 |
| Website: | |
| Inception Date: | November 3, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.75% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.97% |
