Skip to Content
ETFs

Amplify High Income ETF

YYY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 12 2012
Expense Ratio
2.72%
Type
Global Closed End Funds
Fund Owner
Amplify Investments
Volume (1m avg. daily)
$1,249,446
AUM
$340,685,955
Associated Index
ISE High Income Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes

Top 10 Holdings

OXLC
OXFORD LANE CAPITAL CORP
3.61%
PDI
PIMCO DYNAMIC INCOME FUND
3.42%
XUSAX
LIBERTY ALL STAR EQUITY FUND
3.23%
XDSLX
DOUBLELINE INCOME SOLUTIONS
3.21%
XPDOX
PIMCO DYNAMIC INCOME OPPORT
3.21%
TBLD
THORNBURG INCOME BUILDER OPP
3.15%
XDLYX
DOUBLELINE YIELD OPPORT
3.07%
XVVRX
INVESCO SENIOR INCOME TRUST
3.06%
PAXS
PIMCO Access Income Fund
3.02%
XPTYX
PIMCO CORPORATE & INCOME OPP
2.97%
Invest with YYY

What is YYY?

YYY is a portfolio of 30 closed-end funds (CEFs) based on a rules based index. The ISE High Income Index selects CEFs ranked highest overall by ISE in the following factors: Yield, Discount to Net Asset Value (NAV), and Liquidity. This investment approach results in a portfolio which contains a variety of asset classes, investment strategies and asset managers.

ETFs related toYYY

ETFs correlated to YYY include PCEF, MDIV, BBMC

YYY
Amplify ETF Trust - Amplify High Income ETF
PCEF
Invesco Capital Management LLC - Invesco CEF Income Composite ETF
MDIV
First Trust Exchange-Traded Fund VI - Multi-Asset Diversified Income Index Fund
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
NUSC
Nuveen Fund Advisors LLC - Nuveen ESG Small-Cap ETF
EZM
WisdomTree Trust - WisdomTree U.S. MidCap Fund
BKMC
BNY Mellon ETF Trust - BNY Mellon US Mid Cap Core Equity ETF
BKSE
BNY Mellon ETF Trust - BNY Mellon US Small Cap Core Equity ETF
ESML
BlackRock Institutional Trust Company N.A. - iShares ESG Aware MSCI USA Small-Cap ETF
EQAL
Invesco Capital Management LLC - Invesco Russell 1000 Equal Weight ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

YYY is a Global Closed End Funds ETF. YYY is a portfolio of 30 closed-end funds (CEFs) based on a rules based index. The ISE High Income Index selects CEFs ranked highest overall by ISE in the following factors: Yield, Discount to Net Asset Value (NAV), and Liquidity. This investment approach results in a portfolio which contains a variety of asset classes, investment strategies and asset managers.

YYY tracks the ISE High Income Index.

No, YYY is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, YYY is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on YYY is -0.0181%. This is the percent change in the value of YYY over the most recent 1-month period. The 3-month return on YYY is -0.0476%. This is the percent change in the value of YYY over the most recent 3-month period.

The standard deviation of YYY for the past year is 0.145%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to YYY include PSK, PGX, and PFF.

ETFs correlated to YYY include PCEF, MDIV, and BBMC.

ETFs that are inversely correlated to YYY include SRTY, RWM, and SBB.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.