SWAN
Amplify BlackSwan Growth & Treasury Core ETF
SWAN tracks an index of long-dated options on an S&P 500 ETF (SPY) and US Treasurys averaging 10-year maturity.
Asset Allocation
MULTI
Rules-Based
MANAGEMENT STYLE
244.0 M
ASSETS UNDER MGMT
49 bp
EXPENSES
Fund Basics
| Fund sponsor | Amplify |
| Category | Asset Allocation |
| Asset class | Multi |
| Website | link... |
| Inception date | Nov 05, 2018 |
| Assets (mns) | $244 |
| Expense ratio | 49 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Derivatives-based | Yes |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | Yes |
Top Holdings
| UNITED STATES TREASURY NOTE/BOND 0.625% 05/15 | 9.4 % |
| UNITED STATES TREASURY NOTE/BOND 0.875% 11/15 | 9.3 % |
| UNITED STATES TREASURY NOTE/BOND 1.625% 05/15 | 9.3 % |
| UNITED STATES TREASURY NOTE/BOND 1.375% 11/15 | 9.3 % |
| UNITED STATES TREASURY NOTE/BOND 2.875% 05/15 | 9.2 % |
| UNITED STATES TREASURY NOTE/BOND 3.375% 05/15 | 9.1 % |
| UNITED STATES TREASURY NOTE/BOND 4.125% 11/15 | 9.1 % |
| UNITED STATES TREASURY NOTE/BOND 4.5% 11/15/2 | 9.1 % |
| UNITED STATES TREASURY NOTE/BOND 4.375% 05/15 | 9.1 % |
| UNITED STATES TREASURY NOTE/BOND 4.25% 11/15/ | 9.0 % |
Asset Allocation
Historical Performance
Standardized Performance (as of 04/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -1.3% | 10.2% | 6.0% | 0.5% | -0.6% | -- | -- | 2.3% |
| Dividend Yield | 0.8% | 3.0% | 3.0% | 2.8% | 3.0% | -- | -- | 3.1% |
| Total Returns | -0.6% | 13.2% | 9.0% | 3.3% | 2.4% | -- | -- | 5.3% | Ann. Volatility | 12.5% | 11.6% | 11.6% | 12.2% | 11.4% | -- | -- | 12.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.76 | 76% |
| MSCI EAFE | 0.65 | 59% |
| MSCI Emg Mkts | 0.57 | 45% |
Liquidity Measures
| Avg. volume (000) | 17 |
| ADV traded (mns) | $0 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.39% |
Technical Indicators
| Recent close | $29.12 |
| 30d moving avg. | $28.51 |
| Annualized volatility | 14.3% |
| Relative strength (RSI) | 57 |
| Short interest | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Rules-Based Asset Allocation Multi ETFs |
| # of ETFs | 20 |
| Avg. Expense Ratio | 97.8 bp |
| Std. Deviation | 72.5 bp |
| SWAN (49 bp) Percentile rank | 25 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| SWAN | 49.0 | 39.1 | 88.1 |
| Peer Avg. | 86.3 | 72.7 | 159.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .