Key stats
About Amplify BlackSwan Growth & Treasury Core ETF
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Inception date
Nov 6, 2018
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Amplify Investments LLC
Distributor
Foreside Fund Services LLC
SWAN aims to provide muted equity exposure while mitigating downside risk. The fund gets its equity exposure via long-dated options (LEAPS) on SPY, the mega-ETF tracking the S&P 500. The options specifically target 70% participation in either direction (up or down) over the market cycle. They roll in June and December. The Treasury portion provides additional downside protection, assuming that safe-haven Treasurys will rise if equity markets tank. The Treasurys a mix of maturities aiming to reflect 10-years on aggregate provide their own risk and return (duration and yield). SWANs asset ratio is fixed at 90% Treasurys and 10% options at each semi-annual index reset. However, the indexs equity notional exposure aligns with the total index market cap, so each dollar invested aims for dollars worth of notional equity exposure (at 70% participation) plus 90 cents of 10-year Treasurys.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government91.21%
Rights & Warrants8.68%
Mutual fund0.09%
Cash0.02%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SWAN top holdings are United States Treasury Notes 0.625% 15-MAY-2030 and United States Treasury Notes 0.875% 15-NOV-2030, occupying 9.35% and 9.29% of the portfolio correspondingly.
SWAN last dividends amounted to 0.22 USD. The quarter before, the issuer paid 0.22 USD in dividends, which shows a 3.51% increase.
SWAN assets under management is 247.46 M USD. It's risen 4.06% over the last month.
SWAN fund flows account for 61.99 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SWAN pays dividends to its holders with the dividend yield of 2.68%. The last dividend (Mar 31, 2025) amounted to 0.22 USD. The dividends are paid quarterly.
SWAN shares are issued by Amplify Holding Co. LLC under the brand Amplify. The ETF was launched on Nov 6, 2018, and its management style is Passive.
SWAN expense ratio is 0.49% meaning you'd have to pay 0.49% of your investment to help manage the fund.
SWAN follows the S-Network BlackSwan Core Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SWAN invests in bonds.
SWAN price has risen by 4.28% over the last month, and its yearly performance shows a 4.56% increase. See more dynamics on SWAN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.03% over the last month, showed a −3.35% decrease in three-month performance and has increased by 7.20% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.03% over the last month, showed a −3.35% decrease in three-month performance and has increased by 7.20% in a year.
SWAN trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.