The fund tracks the S&P 500 Dividend Drivers Index, selecting companies with long-term dividend growth records and expected future increases, while applying yield, return on invested capital (ROIC) and diversification screens.

Amplify ETFs has launched the Amplify S&P 500 Dividend Drivers ETF (NYSE Arca: DRVR), an exchange-traded fund designed to invest in S&P 500 companies that have a long record of increasing dividends and are also expected to continue raising shareholder payouts. The strategy is designed to focus on businesses that have demonstrated sustained earnings strength DRVR is linked to the S&P 500 Dividend Drivers Index, which tracks 50 companies, distributes income monthly and has an expen