ISWNAmplify BlackSwan ISWN ETF
Seeks investment results that generally correspond to the price and yield of the S-Network International BlackSwan Index.
By Amplify ETFs · Launched 2021
0.49%
#2,481 of 5,861 · average
$37M
#3,952 of 5,861 · small
2.86%
5 years
#2,237 of 5,861 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
AlternativeRegion
Global ex-USStrategy
Structured outcome
Index tracked
S-Network International BlackSwan Index
What it actually holds
By weightConcentration
Top 10 holdings = 86.3% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks investment results that generally correspond to the price and yield of the S-Network International BlackSwan Index.
- Strategy
- Invests at least 80% in U.S. Treasury securities and long-dated call options on EFA, using an indexing investment approach to replicate the S-Network International BlackSwan Index. Aims for capital protection while allowing participation in gains from developed markets outside the U.S. and Canada, primarily in large or mid-cap companies.
- Inception date
- January 25, 2021
- Fund family
- Amplify ETFs
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
You can build this cheaper yourself
Defined-outcome funds cap your gains (often 8% to 20%) in exchange for cushioning losses by 9% to 30%, priced with options. The fee runs about 0.70% or more, against 0.03% to 0.10% for a plain index fund. For most investors, a simple stock-and-bond mix gives similar protection for far less.
Sources: Morningstar, 'Buffer Funds Are on the Rise, but They May Not Make Sense for Most Investors' (2025)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-04