IBUY

Amplify Online Retail ETF

Amplify · $120.1m in assets, October 8, 2026

Owns companies worldwide that earn significant revenue from online retail, the e-commerce sellers, following the EQM Online Retail Index.

IBUY, the Amplify Online Retail ETF, is a $120 million ETF whose main story is pure narrative flow. It holds 2.0% of the money in ETFs carrying that story, 2nd of 99. Over the past year it returned −13.8%, against +16.8% for broad US ETFs. Figures to October 2, 2026; past performance, not a recommendation.

IBUY · the ETFFRI OCT 2Market price total return
+9.7% a yearTotal return since launch, April 2016
−13.8%Last 12 months
−11.0%Year to date
28.9%Volatility since launch

The narrative it carries

This is its only narrative.

Pure narrative flow →

Disruptive innovation, online consumers, betting and stocks chosen by social sentiment: where the retail crowd puts its money.

Pure narrative flow · the narrative this week
53.0WARM level, 9 of 22
last four weeks
99ETFs carry it
98.2%held by the top five
ARKKlargest holder, 91.7%
$93.4 bncapital, 13th of 22

The band is where this narrative’s level sits among the 22 this week. QUIET means less talked about, not falling.

Who owns the capital
ARKK 91.7%IBUY 2.0%BUZZ 1.7%MILN 1.4%SOCL 1.4%94 other ETFs 1.8%98.2%top five
#ETFSHAREASSETS1 YEARCOST
1ARKK91.7%$7.92bn+0.7%0.75%
2IBUY2.0%$120.1m−13.8%0.65%
3BUZZ1.7%$102.7m+3.4%0.76%
4MILN1.4%$87.1m−14.8%0.50%
5SOCL1.4%$85.0m−28.3%0.65%
94 other ETFs1.8%
IBUY: 2.0%, 2nd of 99

Share is each ETF’s slice of the capital carrying this narrative. 1 year is market price total return; cost is the expense ratio. See all 99 ETFs on the narrative page →

FRI OCT 2MARKET PRICE TOTAL RETURN

1M3MYTD1Y3Y*5Y*
IBUY−8.0%−6.2%−11.0%−13.8%+14.5%−9.6%
Pure narrative flowits narrative+6.7%+9.4%+14.8%−0.4%+31.0%−3.6%
The marketbroad US ETFs+0.8%+2.6%+14.6%+16.8%+22.9%+12.9%

1M, 3M, 1Y, 3Y, 5Y: one month to five years. YTD: year to date. * A year, annualised. A dash means the ETF has not traded for the whole period. Since it started trading on April 20, 2016: +9.7% a year.

$10,000 invested October 31, 2016

IBUY $24,358Pure narrative flow $48,528The market $42,209
$0$20,000$40,000$60,000$80,000Oct 2016Oct 2018Oct 2020Oct 2022Oct 2024$0$20,000$40,000$60,000$80,000Oct 2016Oct 2020Oct 2024

Year by year

IBUYPure narrative flowThe market
-100%0%100%200%IBUY 2019: +28.5%Narrative 2019: +34.8%The market 2019: +31.3%2019IBUY 2020: +122.6%Narrative 2020: +148.8%The market 2020: +21.4%2020IBUY 2021: -23.0%Narrative 2021: -22.2%The market 2021: +27.1%2021IBUY 2022: -55.7%Narrative 2022: -65.6%The market 2022: -19.8%2022IBUY 2023: +38.0%Narrative 2023: +66.7%The market 2023: +27.9%2023IBUY 2024: +20.1%Narrative 2024: +9.6%The market 2024: +23.1%2024IBUY 2025: +15.1%Narrative 2025: +34.6%The market 2025: +16.8%2025IBUY YTD: -11.0%Narrative YTD: +14.8%The market YTD: +14.6%YTD-100%0%100%200%IBUY 2019: +28.5%Narrative 2019: +34.8%The market 2019: +31.3%2019IBUY 2020: +122.6%Narrative 2020: +148.8%The market 2020: +21.4%2020IBUY 2021: -23.0%Narrative 2021: -22.2%The market 2021: +27.1%2021IBUY 2022: -55.7%Narrative 2022: -65.6%The market 2022: -19.8%2022IBUY 2023: +38.0%Narrative 2023: +66.7%The market 2023: +27.9%2023IBUY 2024: +20.1%Narrative 2024: +9.6%The market 2024: +23.1%2024IBUY 2025: +15.1%Narrative 2025: +34.6%The market 2025: +16.8%2025IBUY YTD: -11.0%Narrative YTD: +14.8%The market YTD: +14.6%YTD

Total return in each calendar year; this year is year to date. A year appears only if IBUY traded for all of it.

Total return on the market price, with each distribution reinvested on its ex-date. Not the NAV return the issuer publishes; the two differ when the ETF trades above or below the value of its holdings. The narrative is the asset-weighted return of the unlevered ETFs that carry it. The market is the asset-weighted return of broad US index ETFs. Past performance is no guarantee of future results.

Common questions

What story is IBUY selling?

IBUY’s main story is pure narrative flow, which covers disruptive innovation, online consumers, betting and stocks chosen by social sentiment: where the retail crowd puts its money.

Which ETFs compete with IBUY?

The ETFs whose weekly returns move most like IBUY’s over the past 3 years are MILN (0.92), EBIZ (0.92) and ONLN (0.90).

How much of pure narrative flow does IBUY hold?

IBUY holds 2.0% of the money in ETFs carrying that story, 2nd of 99.

How has IBUY performed against its story?

Over the past year IBUY returned −13.8%, the ETFs carrying pure narrative flow −0.4% and broad US ETFs +16.8%, to October 2, 2026. Its weekly returns have a correlation of 0.79 with the story. Past performance only.

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Narrative figures are from the weekly board. Performance is market price total return as of October 2, 2026. Assets are StoryVector’s weekly figure. Classification and measurement. Not investment advice. How the measurement works →