Income ETF health check
Amplify Energy & Natural Resources Covered Call ETF
NDIV
Amplify · Monthly · $31M
Current price
$32.89
As of 2026-09-29 · USD
Canary status
No significant NAV erosion detected — distributions look sustainable at the current pace.
Updated every Monday and Thursday
YieldCanary Health Metrics
Yield comparison
Advertised Yield
12.63%
Headline Yield (TTM)
8.44%
True Income Yield
8.44%
The real number is typically lower once return of capital is stripped out.
Health metrics
- Death Clock
- 8.45 yrs
- YieldCanary ROC %
- 0.0%
Income and return
- After-Tax Monthly (25%)
- $XX.XXUnlock free →
- Last Distribution
- $0.3526
- 1Y Price Return
- +15.49%
About True Income Yield
About True Income Yield: This is a YieldCanary proprietary sustainability indicator, not a standard accounting measure of economic gain. It strips return of capital from the headline yield to show only what the fund generated from real investment activity. Return of capital reduces your cost basis and the full economic gain is only realized when you sell your shares. YieldCanary calculates ROC from performance data, not from the 19a-1 notices that fund companies publish monthly. Our estimates can differ from official issuer reports and can differ significantly from your year-end 1099 tax forms. We are actively working on incorporating 19a-1 data to make these figures more precise. For confirmed ROC figures always check the fund's official 19a-1 notice on the issuer's website or your year-end 1099.
True Income Yield and Death Clock are YieldCanary proprietary metrics. Not financial advice. Data updates every Monday and Thursday.
Price and Distribution History
Data last updated: Sep 28, 2026. Updates every Monday and Thursday.
Sustainability analysis
Health Score Breakdown
NDIV is currently Healthy on YieldCanary. ROC is within sustainable range, the NAV has held up over the trailing 12 months, and distributions have been stable. No significant erosion risk is detected at the current pace.
See the full health score breakdown. Start your free 7-day trial.
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Frequently Asked Questions — NDIV
Is NDIV a good income ETF?
Based on YieldCanary's health framework, NDIV is currently Healthy. No significant NAV erosion is detected at the current pace and the fund is passing all sustainability checks. The distributions appear to be generated from real investment activity rather than quiet erosion of the fund's value. This is not financial advice — always do your own research and consult a qualified financial professional before making investment decisions.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What does NDIV pay per month?
Based on last month's actual distribution of $0.3526 per share, $10,000 invested in NDIV at the current price of $32.89 generates approximately 304 shares. That's $107.19 gross per month before taxes. Your after-tax income depends on your personal tax rate and account type. Set your rate inside YieldCanary to see your exact after-tax monthly income and connect your portfolio to see what all of your holdings generate together. Distributions change month to month based on options premiums and market conditions. Past distributions are not a guarantee of future payments.
Calculate your after-tax income on NDIV free →YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What is NDIV's True Income Yield?
YieldCanary's True Income Yield for NDIV is currently 8.44%. This is a distribution sustainability indicator — it strips the estimated return of capital portion from the headline TTM yield to show only what the fund generated from real investment activity. It is not an accounting measure of economic gain. Return of capital reduces your cost basis and full economic gain is only realized when you sell. NDIV's current ROC estimate is 0.0%. The full methodology breakdown is available inside YieldCanary. For confirmed ROC figures check the fund's official 19a-1 notice or your year-end 1099.
See the full health breakdown on NDIV free →YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What is NDIV's Death Clock?
NDIV's Death Clock is currently 8.45 years. This estimates the number of years before 50% of the fund's NAV erodes at the current pace, assuming all things stay constant. It is a sustainability warning signal. The pace can improve or worsen as market conditions and distribution behavior change. Check back every Monday and Thursday when the data refreshes.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
Is NDIV's return of capital good or bad?
NDIV's low ROC estimate of 0.0% means most distributions are generated from real investment activity rather than return of principal — one of the cleaner income profiles on the platform. Note: YieldCanary calculates ROC from performance data, not 19a-1 filings.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
How does NDIV compare to similar funds?
On YieldCanary, NDIV is currently Healthy with a 8.44% True Income Yield and a Death Clock of 8.45 years. It pays Monthly distributions and has a 1-year price return of 15.49%. Similar funds from Amplify tracked on YieldCanary: Amplify CWP Enhanced Dividend Income ETF (DIVO) — currently Healthy; Amplify CWP International Enhanced Dividend Income ETF (IDVO) — currently Healthy; Amplify CWP Growth & Income ETF (QDVO) — currently Healthy Full side-by-side comparison including True Income Yield, Death Clock, ROC%, and after-tax income across all similar funds is available inside YieldCanary.
Compare NDIV to similar funds free →YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
How often does NDIV pay distributions?
NDIV is a Monthly paying ETF. Distributions are paid once per month, which aligns well with monthly bills and expenses. Monthly payers are the most popular frequency among income investors for this reason. The most recent distribution was $0.3526 per share. To see exact upcoming ex-dividend and payment dates for NDIV in your portfolio, connect your holdings inside YieldCanary and check the Distribution Calendar.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
What is NDIV's AUM and why does it matter?
NDIV currently has $31M in assets under management. NDIV is a smaller fund. While smaller AUM is not automatically a problem, funds with limited assets carry slightly more closure risk if assets decline significantly. Factor this into your position sizing. AUM alone does not determine whether a fund is healthy. Check the Canary Status and Death Clock above for the full sustainability picture.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
Is NDIV available in a Roth IRA?
Yes — NDIV can be held in a Roth IRA like any standard ETF, assuming your brokerage offers it. For income ETFs with high return of capital, a Roth IRA can be a particularly advantageous account type. ROC distributions reduce your cost basis in a taxable account, creating a deferred tax liability that grows over time. In a Roth IRA that tax treatment is irrelevant as all distributions are tax-free regardless of their character. This is not tax advice. Consult a tax professional about your specific situation and account type before making investment decisions.
YieldCanary calculates ROC from performance data, not 19a-1 filings. Not financial advice.
About the fund
Strategy & Objective
Amplify · Monthly
The Amplify Natural Resources Dividend Income ETF (NDIV) aims to deliver investment returns that broadly match the pricing and income generation of the EQM Natural Resources Dividend Income Index. This benchmark is constructed from U.S. exchange-traded companies that distribute dividends and are chiefly involved in natural resources and commodity-related sectors, such as energy, chemicals, agriculture, metals & mining, paper products, and timber.
At a glance
YieldCanary Health Summary
Amplify Energy & Natural Resources Covered Call ETF (NDIV) is a Monthly-paying income ETF issued by Amplify with $31M in assets under management. The fund has an advertised yield of 12.63% and a trailing 12-month headline yield of 8.44%. NDIV is currently Healthy on YieldCanary with a True Income Yield of 8.44% and a Death Clock of 8.45 years. The fund has a low ROC estimate of 0.0%, meaning most distributions are generated from real investment activity. The most recent distribution was $0.3526 per share. The fund's price has returned +15.49% over the trailing 12 months.
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