SMAP

Amplify Small-Mid Cap Equity ETF

$24.27
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Amplify Small-Mid Cap Equity ETF (SMAP) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Small-Mid Cap Index.

Overview

ETF tracking Amplify Small-Mid Cap Equity ETF

Category Mid Cap
Issuer Other
Inception Date 2024-10-23
Market Cap $1.2M
Average Volume N/A
Dividend Yield 0.50%
52-Week Range $20.27 - $26.79
VWAP $24.19

Performance

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Investment Summary

📎 Investment Objective

The Amplify Small-Mid Cap Equity ETF (SMAP) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Small-Mid Cap Index.

🎯 Investment Strategy

The fund invests in a representative sample of securities included in the Nasdaq Small-Mid Cap Index, which is designed to measure the performance of small and mid-capitalization U.S. equities. The fund uses a sampling approach to try to achieve its investment objective.

✨ Key Features

  • Exposure to a diversified portfolio of small and mid-cap U.S. stocks
  • Tracks the Nasdaq Small-Mid Cap Index, which includes approximately 1,000 companies
  • Low expense ratio of 0.00%
  • Suitable for investors seeking broad exposure to the small and mid-cap equity market

⚠️ Primary Risks

  • Market risk: The value of the fund's investments may decline due to general market conditions or other factors
  • Equity risk: The value of the fund's investments in equity securities may decline in value
  • Small and mid-cap risk: Smaller companies may have less liquidity and greater volatility than larger companies
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

This ETF may be suitable for investors seeking long-term capital appreciation through exposure to a diversified portfolio of small and mid-cap U.S. equities. It may be appropriate for investors with a higher risk tolerance and a longer investment horizon.