Amplify Ethereum Max Income Covered Call ETF (EHY)
Actively managed Ether max income ETF from Amplify – seeks Ether exposure + 50-80% annualized premium via weekly covered calls (aggressive income focus, new fund launched Oct 2025).
Key Facts
| Issuer | Amplify Investments |
|---|---|
| Ticker | EHY (Cboe BZX) |
| Expense Ratio | 0.75% |
| Approx. AUM | $3.8M (as of Jan 9, 2026) |
| Type | Actively managed Ether + max covered call option income |
| Inception | October 9, 2025 (trading start) |
| Official Site | Amplify EHY Page |
Composition / Holdings
EHY uses synthetic Ether exposure + weekly covered calls for max income (no direct Ether holding).
| Asset | Percentage | Description |
|---|---|---|
| Synthetic Ether Exposure | Primary | Tracks Ether price return (via derivatives) |
| Covered Call Options | Income Generating | Weekly calls targeting 50-80% annualized premium (aggressive) |
| Cash/Collateral | Supporting | For option margin and stability |
Seeks max monthly income + Ether upside; heavily caps gains in strong rallies due to calls. Harvests high volatility for premium.
Net Inflows & Outflows
Historical net flows showing demand for max Ether income. Early modest inflows since Oct 2025 launch (AUM ~$3.8M), with growing interest in high-premium strategies.
Performance Overview
Ether price return + max covered call income vs. spot Ether (high income in flat/volatile markets; significant upside cap in strong rallies).
ESG & Sustainability Metrics
Estimated ESG profile for Ether exposure (post-Merge PoS improves energy score; strong on decentralization/utility; option strategy adds no direct impact).
Pros
- Targets aggressive max income (50-80% annualized premium) via weekly covered calls
- Strong income potential in flat or volatile Ether markets
- Harnesses Ether volatility for enhanced premium generation
- Competitive 0.75% expense ratio for max-income strategy
Cons
- Strongly caps upside in major Ether rallies due to aggressive calls
- Very small AUM/low liquidity as a new fund (launched Oct 2025)
- No direct Ether ownership; synthetic + options complexity
- Income not guaranteed; highly dependent on volatility levels
How to Buy EHY
Available on major US brokers (Fidelity, Schwab, Vanguard, Robinhood, etc.). Search ticker EHY. Suited for aggressive income investors seeking max premium from Ether volatility.
Not financial advice. Investments in crypto ETFs involve high risk, including potential loss of principal. Max covered call strategies heavily cap upside and depend on volatility. Data approximate as of January 9-11, 2026 (sources: Amplify ETFs, Yahoo Finance, ETFdb). Always verify with official sources.