Amplify BlackSwan Growth & Treasury Core ETF (SWAN)
| Assets | $378.86M |
| Expense Ratio | 0.49% |
| PE Ratio | n/a |
| Shares Out | 11.54M |
| Dividend (ttm) | $0.91 |
| Dividend Yield | 2.73% |
| Ex-Dividend Date | Sep 29, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | n/a |
| Volume | 7,138 |
| Open | 33.11 |
| Previous Close | 33.14 |
| Day's Range | 33.09 - 33.28 |
| 52-Week Low | 27.38 |
| 52-Week High | 33.28 |
| Beta | 0.73 |
| Holdings | 16 |
| Inception Date | Nov 6, 2018 |
About SWAN
Fund Home PageThe Amplify BlackSwan Growth & Treasury Core ETF (SWAN) is an exchange-traded fund that is based on the S-Network BlackSwan Core index. The fund tracks an index of long-dated options on an S&P 500 ETF (SPY) and US Treasurys averaging 10-year maturity. SWAN was launched on Nov 6, 2018 and is issued by Amplify Investments.
Top 10 Holdings
91.23% of assets| Name | Symbol | Weight |
|---|---|---|
| Option On Spdr® S&P 500® Etf Jun26 | n/a | 12.10% |
| Option On Spdr® S&P 500® Etf Dec25 | n/a | 11.37% |
| United States Treasury Notes 4.25% | T.4.25 11.15.34 | 8.61% |
| United States Treasury Notes 4.25% | T.4.25 05.15.35 | 8.61% |
| United States Treasury Notes 3.38% | T.3.375 05.15.33 | 8.46% |
| United States Treasury Notes 1.38% | T.1.375 11.15.31 | 8.44% |
| United States Treasury Notes 0.88% | T.0.875 11.15.30 | 8.43% |
| United States Treasury Notes 4.5% | T.4.5 11.15.33 | 8.41% |
| United States Treasury Notes 1.63% | T.1.625 05.15.31 | 8.41% |
| United States Treasury Notes 4.38% | T.4.375 05.15.34 | 8.39% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 29, 2025 | $0.23312 | Sep 30, 2025 |
| Jun 27, 2025 | $0.23716 | Jun 30, 2025 |
| Mar 28, 2025 | $0.22312 | Mar 31, 2025 |
| Dec 30, 2024 | $0.21529 | Dec 31, 2024 |
| Sep 27, 2024 | $0.14636 | Sep 30, 2024 |
| Jun 27, 2024 | $0.19349 | Jun 28, 2024 |
Performance
SWAN had a total return of 14.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.25%.
News
This ETF Keeps Your Portfolio From Singing Its SWAN Song
Nobody can predict when the next major market downturn, or what finance academician Nassim Taleb calls a “black swan event,” will occur. For a portfolio that's ill-equipped to handle the next major ma...
SWAN ETF: A Smart Move As Markets Get Shaky
Amplify BlackSwan Growth & Treasury Core ETF (SWAN) offers a unique 60/90 leveraged portfolio, flipping traditional 60/40 allocations for risk balancing. SWAN primarily invests in short-to-medium dura...
SWAN: Tail Risk ETF With A Mixed Track Record
SWAN participates in SPY's upside with LEAP call options while protecting capital from fast market crashes with a buffer of treasuries. The fund has delivered lower returns and similar drawdowns to SP...
SWAN: How The ETF May Perform Amid A Tariff Selloff
The 2025 trade war is causing significant market volatility, making risk-balanced ETFs like Amplify BlackSwan Growth & Treasury Core ETF appealing. SWAN balances risk by allocating more to US governme...
JPMorgan's JEPI ETF is a SWAN fund; here is a better alternative
The JPMorgan Premium ETF (JEPI) is one of the top Sleep Well at Night (SWAN) funds on Wall Street. In just a few years, it has grown to become the biggest active ETF globally with over $37 billion in ...
SWAN: An Interesting Allocation Fund For A Tail Risk Event
The Amplify BlackSwan Growth & Treasury Core ETF aims to hedge against market drops while allowing for potential stock market gains through a 90% Treasuries and 10% S&P 500 LEAP options mix. SWAN's un...
‘Crash proof' your portfolio with these 10 stocks and 3 ETFs
You don't get upset for having homeowner's insurance but your house doesn't burn down. The same principle should apply to investors who insure their stock portfolios against a crash.
Amplify ETFs Declares June Income Distributions for its ETFs
CHICAGO, June 27, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announces June income distributions for its ETFs. ETF Name Ticker Amount per Share Ex-Date Record Date Payable Date Amplify AI Powered Equity ...
SWAN: Hedged Equity Vehicle Looking Appealing
The Amplify BlackSwan Growth & Treasury Core ETF aims to hedge investor returns during unexpected market dislocations. The fund is composed of long-dated S&P 500 options and a ladder of treasury bonds...
SWAN: Solid 2024 And Great Prospects, But Here's The Catch
Amplify BlackSwan Growth & Treasury Core ETF has had a decent performance in 2024, up 4% YTD and 19% since October 2023. The Fund is a diversified stock-and-government bond fund that uses leverage to ...
SWAN Vs. IGLB: Which Helped You Sleep Better At Night?
We had previously suggested IGLB as the better choice to Sleep Well At Night over SWAN. We examine the performance of the two since our last article. We tell you why we think outlook for both funds ha...
SCHD is an absolute SWAN ETF: COWZ is even better
I wrote about the Schwab US Dividend Equity ETF (SCHD) last week and noted that it was one of the best Sleep Well at Night (SWAN) funds in the market. It combines strong dividend growth and high yield...
SCHD + SCHG + BITO: ETF combination to SWAN
The Schwab US Dividend Equity (SCHD) stock has staged a strong comeback in the past few weeks. After bottoming at $66 in October, the fund has jumped to $73, its highest point since September 20th.
SWAN's Deep Dive Likely Over
Amplify's SWAN was launched on November 6, 2018, meeting all expectations through the December 2018 market swoon, the market's 2019 recovery, and withstanding the 2020 Covid-19 crash. As previously wa...
SWAN: Replay Of Stock/Bond Correlation Drawdown
The Amplify BlackSwan Growth & Treasury Core ETF has performed poorly, declining over 8% in total returns compared to the S&P 500's 5% drawdown. The SWAN ETF's strategy is based on historic negative c...
VDC: Vanguard's Consumer Staples ETF - A Swan Fund For Nervous Nellies
Consumer staple companies are considered "defensive" due to steady demand for their products during weak economic times as well as their ability to increase prices during inflationary times. The VDC E...
SWAN: Duration Risk Not Well Advertised
SWAN: Duration Risk Not Well Advertised
SWAN: Where Treasuries And Call Options Combine To Create A Unique ETF
SWAN offers a unique, simple strategy that combines a core position in US Treasury securities with call options on the S&P 500 ETF. This combination provides a foundation through the Treasury Notes an...
Amplify ETFs Declares December Income Distributions for its Income, Core, and Thematic ETFs
CHICAGO, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Amplify ETFs announces December income distributions across its income, core, and thematic ETFs. In addition, none of Amplify ETFs will pay a 2022 capital ga...
SWAN Vs. NUSI: Which Is The Better Sell?
We have explained our logic previously as to why both SWAN and NUSI are funds you should avoid. The results speak for themselves.
Amplify ETFs Declares Monthly and Quarterly Income Distributions for its Income and Core ETFs
CHICAGO, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Amplify ETFs announces September monthly and quarterly distributions across its income and core ETFs. Launched in the last month, the Amplify Natural Resour...
SWAN: The Decay Is Real
Tide, Time and Dental Decay wait for no human. SWAN has a decay too, and investors who missed it paid a heavy price.
When SWANs Fall
SWAN is an ETF that aims to capture the upside in the S&P 500 Index with a hedged downside profile. The fund is relatively new, coming to market in November 2018.
SWAN Dive: Why The Strategy Failed To Protect
We were wary of the broader indices in our last coverage of SWAN but still did not like the ETF. The performance has more than justified our stance.
SWAN: Updating The Investment Thesis
SWAN's allocation to bonds is too large. As a result, it has underperformed the S&P 500 at a moment in time where it should have provided protection. Given uncertainties surrounding future inflation a...
'Inflation narrative' has given rise to these specialty ETFs, market analyst says
Commodity, dividend and risk-focused exchange-traded funds are gaining traction alongside concerns around inflation, ETF Action's Mike Akins says.
SWAN: Why This Resilient ETF Is Also Crumbling
Those who have owned SWAN as a strategy to sidestep stock market selloffs must be disappointed with the ETF's performance in 2022.
A Black SWAN Hedge: What You Should Consider Before Buying
SWAN is a balanced fund when you give weight to equity and bond exposures. The ETF though carries risks that are not readily apparent.
5 ETFs To Hedge Your Portfolio Against Downturns And Recessions
Equities offer investors strong long-term returns, but risks are high, as are losses during downturns and recessions. These have become more frequent since the start of the coronavirus pandemic, as th...
SWAN: Strong Balanced Fund, For Risk-Averse Investors And Retirees
The vehicle seeks a high level of total return by investing in energy-related midstream entities. CEM is up 88% year-to-date.
SWAN: Providing Protection During A Market Crash
SWAN is a great choice for investors seeking protection against severe losses while benefiting from uncapped investment gains on the S&P 500. The strategy has proved it can provide protection in late ...
Swan Global Investments “HEGD” ETF is One of the Fastest-Growing New ETFs of 2021
DURANGO, Colo.--(BUSINESS WIRE)--Swan Global Investments (“Swan”), a specialized asset management firm with a 24+ year track record in hedged equity solutions, today announced that the Swan Hedged Equ...
Preparing For The Next Black SWAN
As the Covid-19 Delta variant spreads globally, investors and savers need to consider instruments that can reduce beta and risk.
BlackSwan ETF: The Achilles' Heel
Amplify's BlackSwan ETF has failed to produce better returns on the market's pullback. But there are good reasons for the underperformance.
Amplify Launches ISWN, An International Breed Of SWAN
ISWN, based on the S-Network International BlackSwan Index, began trading on the NYSE on January 26, 2021. Its US predecessor, SWAN, performed admirably during the market swoon in the spring of 2020 a...
5 ETFs To Hedge Your Portfolio
Equity funds and investments offer investors strong long-term returns, but risks are high, and losses can mount during downturns. Some equity funds use hedging strategies to minimize losses during dow...
SWAN And Volatility: Battle Proven In 2020, Ready For 2021
Amplify's BlackSwan ETF is a proven hedged equity ETF to protect against the downside risks of US equity market volatility. SWAN balances US Treasuries and Long-term Equity Anticipation Securities Cal...
BlackSwan ETF Outshines Through Yet Another Market Pullback
The markets underwent yet another period of turbulence in September, and the Amplify BlackSwan ETF was tested once again. Since the September 2 peak in the S&P 500, SWAN produced the same returns as t...
BlackSwan ETF: Simpler, Better Approach To Diversification
BlackSwan ETF: Simpler, Better Approach To Diversification
Unique ETFs With Downside Protection | Part 1 - SWAN ETF
Unique ETFs With Downside Protection | Part 1 - SWAN ETF
Revisiting SWAN Now That We've Seen The Black Swan Event
Revisiting SWAN Now That We've Seen The Black Swan Event
SWAN: How This Lower-Risk Equity Fund Has Outperformed The S&P 500 For Decades
SWAN: How This Lower-Risk Equity Fund Has Outperformed The S&P 500 For Decades
Singing SWAN Amid The COVID-19 Crisis
Singing SWAN Amid The COVID-19 Crisis