Amplify BlackSwan Growth & Treasury Core ETF

Frequently Asked Questions About SWAN

What does SWAN invest in?

The Amplify BlackSwan Growth & Treasury Core ETF (SWAN) is structured to replicate the investment outcomes of the S-Network BlackSwan Core Index. This underlying index pursues a dual objective: capturing the full upside potential of the S&P 500, concurrently mitigating the risk of significant market declines. To achieve this, the ETF primarily allocates approximately 90% of its assets to U.S. Treasury securities, with the remaining 10% invested in in-the-money call options on the SPY ETF.

What is the expense ratio of SWAN?

Amplify BlackSwan Growth & Treasury Core ETF (SWAN) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SWAN?

Amplify BlackSwan Growth & Treasury Core ETF (SWAN) manages $153.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is SWAN actively managed or an index fund?

SWAN is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SWAN's is 0.49%) because there's no security selection cost.

When was SWAN launched?

Amplify BlackSwan Growth & Treasury Core ETF (SWAN) launched in November 2018 and is managed by Amplify.

How has SWAN performed?

SWAN's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.