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BIDS - Amplify Digital & Online Trading ETF

Amplify Digital & Online Trading ETF logo BIDS (Amplify Digital & Online Trading ETF) is an exchange-traded fund (ETF) managed by Amplify ETFs. The ETF seeks to track the performance of the EQM Online Retail Index, which is a benchmark that tracks the performance of companies engaged in digital and online retail activities, including e-commerce platforms, online marketplaces, and payment processors.

The EQM Online Retail Index uses a proprietary methodology to identify companies that are engaged in digital and online retail activities, and are expected to benefit from the growing trend of online shopping and e-commerce. The index is composed of companies from a range of sectors, including technology, consumer discretionary, and communication services.

As of September 2021, the BIDS ETF had total net assets of around $170 million and was invested in a diversified portfolio of stocks from the EQM Online Retail Index. The fund's top holdings included companies such as Amazon, Shopify, and PayPal.

In terms of performance, BIDS has delivered strong returns since its inception in November 2019, with a return of around 37% as of September 2021. The ETF's focus on companies engaged in digital and online retail activities may make it a suitable option for investors who are looking to invest in a way that aligns with the trend of online shopping and e-commerce.

Investors should keep in mind that like all investments, BIDS carries risks, including the risk that the underlying EQM Online Retail Index may not perform as expected or that individual companies in the portfolio may experience declines in their digital and online retail activities. Additionally, the ETF charges an expense ratio of 0.69%, which is in line with the average expense ratio for ETFs that track thematic or innovative investm

 



 

 

 
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