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SWPSWP Growth & Income ETF

Get income1y track recordRanked #1,281 of 1,650 in this goal

Seeks long-term capital appreciation with a secondary emphasis on generating current income.

By SWP Investment Management, LLC · Launched 2024

Annual Cost

0.99%

#5,127 of 5,861 · expensive

Fund Size

$147M

#2,630 of 5,861 · mid-size

Dividend YieldGoal

5.75%

Track Record

1 year

#3,747 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,510+15.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 31.4% of fund✓ well diversified

Microsoft Corp
4.0%
Alphabet Inc
3.9%
Apple Inc
3.6%
Broadcom Inc
3.3%
First American Treasury Obliga
3.0%
Philip Morris International In
2.8%
Prologis Inc
2.7%
Flowserve Corp
2.7%
IBM
2.7%
Oracle Corp
2.6%

Asset allocation

Stocks
98.2%
Cash
1.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
12.3%Moderate

Year-on-year price swings

Max drawdown
-79.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)
-0.44Below average
Sortino (3Y)
-0.44Moderate downside risk

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks long-term capital appreciation with a secondary emphasis on generating current income.
Strategy
Actively manages a portfolio primarily invested in income-producing equity securities, focusing on large-capitalization issuers. Utilizes a covered call options strategy to generate income and mitigate risk, with a significant emphasis on the information technology sector.
Inception date
September 24, 2024
Fund family
SWP Investment Management, LLC

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

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