Overview
Why Invest in SWAN ETF?
- Participation in S&P 500 returns while seeking to protect against significant losses.
- Potential core equity solution that seeks to mitigate the effects of volatility.
- Low-cost, index-based portfolio.
Objective & Strategy
The BlackSwan ETF seeks investment results that correspond to the S-Network BlackSwan Core Index (the Index). The Index’s investment strategy seeks uncapped exposure to the S&P 500, while buffering against the possibility of significant losses. Approximately 90% of the ETF will be invested in U.S. Treasury securities, while approximately 10% will be invested in SPY Options in the form of in-the-money calls.
Key Information
Fund Details
Index Details
| Index Name | S-Network BlackSwan Core Index |
| Index Ticker | SWANXT |
| Index Provider | S-Network Global Indexes |
| Rebalance Frequency | Semi-Annual |
| Index Website | S-Network BlackSwan Core Total Return Index |
Selection Methodology
Rules-Based, Quantitative Index
that seeks to hedge against equity downside while maintaining upside potential over the long term
Equity Exposure
S&P 500 Index
Approximately 10% is invested in S&P 500 (SPY) options in the form of in-the-money calls
Fixed Income Exposure
Approximately 90% is invested in U.S. Treasury securities, with a targeted duration of the 10-year Treasury note.
Index Rebalancing
Occurs every June and December
Performance & Holdings
Performance
The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. For most recent month end performance, visit AmplifyETFs.com/SWAN. Brokerage commissions will reduce returns. NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The closing price is the last price at which the fund traded.
Indexes are unmanaged and it’s not possible to invest directly in an index. The S&P 500 Total Return Index is a market-capitalization-weighted index of the 500 largest U.S. publicly traded companies. The S-Network BlackSwan Core Index (Ticker: SWANXT) holds U.S. Treasury securities and SPY Options.
Top Treasuries
Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
Top Option Holdings
Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
Allocation
Distributions
There is no guarantee that distributions will be made. Distributions may include income, capital gains, or return of capital and may vary during the year, details in the Fund’s Form 19a‑1.
Price
NAV/Market Price
Daily Price/NAV Performance
Premium/Discount
The table and line graph are provided to show the frequency at which the closing price of the Fund was at a premium (above) or discount (below) to the Fund’s daily net asset value (“NAV”). The table and line graph represent past performance and cannot be used to predict future results. Shareholders may pay more than NAV when buying Fund shares and receive less than an NAV when those shares are sold because shares are bought and sold at current market prices.
Literature
Fund Resources
Insights
International Insights: Investing Across the Globe - May 2026
June 8, 2026
Audio Commentary by Tim Seymour, IDVO Portfolio Manager
Climate Capital: The Case for ESG Investing
May 22, 2026
In an era where climate change debates heat the political sphere, many savvy business owners and investors are turning their focus toward a cooler, more sustainable future.
The Digital Economy Is Built on Real Assets
May 20, 2026
Artificial intelligence and the digital economy are driving unprecedented demand for electricity and critical materials—creating a new energy supercycle.
How to Invest
Amplify ETFs trade throughout the day, similar to publicly-traded stocks, on an exchange. There are multiple ways to invest in Amplify ETFs:
- Contact a Financial Advisor to discover how Amplify ETFs may fit within your portfolio.
- Amplify ETFs are available through various online platforms and brokerage accounts.
Connect with your ETF Specialst or call (855) 267-3837
The Fund is not a money market fund.
The Fund’s return may not match or achieve a high degree of correlation with the return of the underlying Index. To the extent the Fund utilizes a sampling approach, it may experience tracking error to a greater extent than if the Fund had sought to replicate the Index. The use of derivative instruments, such as options contracts, can lead to losses because of adverse movements in the price or value of the underlying asset, index or rate, which may be magnified by certain features of the derivatives. Investing in options, including LEAP and/or FLEX Options, and other instruments with option-type elements may increase the volatility and/or transaction expenses of the Fund. An option may expire without value, resulting in a loss of the Fund’s initial investment and may be less liquid and more volatile than an investment in the underlying securities. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund.
Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund.
The S-Network BlackSwan Core Index (Ticker: SWANXT) holds U.S. Treasury securities and SPY LEAP and/or FLEX Options. On each rebalancing date, the Index targets 90% of its index market capitalization in U.S. Treasury securities and 10% targets of its index market capitalization in SPY LEAP and/or FLEX Options. The weighting of U.S. Treasury securities is determined by the option reconstitution schedule. The S-Network BlackSwan Core Index is a trademark of the Index Provider and has been licensed for use for certain purposes by the Adviser. The Index Provider is not affiliated with the Trust, the Adviser, either Sub-Adviser or the Distributor. The Fund is entitled to use the Index pursuant to a sub-licensing agreement with the Adviser. It is not possible to directly invest in an index.
An “in-the-money” call option contract is an option contract with a strike price that is below the current price of the underlying reference asset.
The Standard & Poor’s 500 Index – S&P 500 is a market-capitalization-weighted index of the 500 largest U.S. publicly traded companies by market value.
Amplify Investments LLC is the Investment Adviser to the Fund, and Cerity Partners LLC and Toroso Investments, LLC serve as the Investment Sub-Advisers.