Key stats
About Amplify BlackSwan ISWN ETF
Home page
Inception date
Jan 26, 2021
Structure
Open-Ended Fund
Replication method
Synthetic
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
ISIN
US0321088215
ISWN expands Amplifys suite of ETFs attempting to hedge against unpredictable market events referred to as Black Swans. To provide capital protection, the fund holds 90% of its exposure in laddered US Treasury securities targeting a duration within 6 months of the 10-Year Note. The remaining 10% of the portfolio is used to buy in-the-money, long-term call options on the iShares MSCI EAFE ETF (ticker: EFA). EFA provides exposure to the equity markets of developed countries outside of North America. The call options provide the equity exposure and will have expirations of either June or December. At their expiration, the options will be rolled to the following year. Therefore, the index will be reconstituted and rebalanced every June and December. The call options selected will generally have a delta of 70 at the time of purchase, meaning that for every $1.00 of movement in the EFA share price, each option should have a corresponding $0.70 gain or loss.
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
Rights & Warrants
Bonds, Cash & Other100.00%
Government84.89%
Rights & Warrants14.08%
Cash0.95%
Mutual fund0.07%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ISWN last dividends amounted to 0.15 USD. The quarter before, the issuer paid 0.16 USD in dividends, which shows a 3.39% decrease.
ISWN assets under management is 33.57 M USD. It's risen 0.86% over the last month.
ISWN fund flows account for −5.10 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, ISWN pays dividends to its holders with the dividend yield of 2.88%. The last dividend (Jun 30, 2025) amounted to 0.15 USD. The dividends are paid quarterly.
ISWN shares are issued by Amplify Holding Co. LLC under the brand Amplify. The ETF was launched on Jan 26, 2021, and its management style is Passive.
ISWN expense ratio is 0.49% meaning you'd have to pay 0.49% of your investment to help manage the fund.
ISWN follows the S-Network International BlackSwan. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ISWN invests in bonds.
ISWN price has risen by 0.35% over the last month, and its yearly performance shows a 1.80% increase. See more dynamics on ISWN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.18% over the last month, showed a 2.62% increase in three-month performance and has increased by 5.73% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.18% over the last month, showed a 2.62% increase in three-month performance and has increased by 5.73% in a year.
ISWN trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.