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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