Amplify Samsung SOFR ETF (SOFR)

Amplify Samsung SOFR ETF (SOFR) is a fund offered by Amplify ETFs in partnership with Samsung Asset Management. It seeks to provide returns that reflect the Secured Overnight Financing Rate (SOFR), the benchmark short-term U.S. interest rate based on overnight Treasury repurchase agreement transactions.

The fund invests in very short-term, high-quality instruments such as Treasury repurchase agreements and Treasury bills so that its income tracks prevailing overnight rates, with minimal interest-rate and credit risk. It is designed as a cash-like holding inside a brokerage account.