Swan Enhanced Dividend Income ETF (SCLZ) Performance
SCLZ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +8.9% since Dec 31, 2025
- 1 year
- +10.5% total return
- Since first price
- +35.3% since 2024
SCLZ trailing returns vs SPY, QQQ, AGG
| Period | SCLZ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.5% | −2.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.6% | −0.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.5% | +2.0% | +7.8% | +8.4% | −1.5% |
| YTD | +8.9% | +1.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.5% | +1.6% | +14.4% | +15.9% | −1.1% |
| Since inceptionFeb 27, 2024 | +35.3% | +11.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SCLZ vs SPY
From Feb 27, 2024: SCLZ grew to $13,535, SPY to $15,482.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SCLZ returns by calendar year
1 of 1 full years positive. Best 2025 (+11.1%), worst 2025 (+11.1%). 2026 is year to date.
SCLZ annual returns table
| Year | SCLZ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +8.9% | −7.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +11.1% | −12.6% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SCLZ largest drawdowns
Now 3.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −12.6% | Apr 8, 2025 | Jul 3, 2025 | 48 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SCLZ risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +13.1% |
| Volatility (annualized) | 7.7% |
| Sharpe ratio | 1.10 |
| Sortino ratio | 2.01 |
| Best month | +7.3% |
| Worst month | −3.2% |
| Best 12 months | +17.3% |
| Worst 12 months | +7.6% |
| Positive months | 68% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SCLZ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 21 | +7.6% | +11.1% | +17.3% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
SCLZ performance overview
Swan Enhanced Dividend Income ETF (SCLZ) returned +10.5% over the past year, with distributions reinvested. Since its first recorded price on Feb 27, 2024 it has returned +35.3%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −12.6%, from Feb 19, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 7.7% a year.
Related: SCLZ chart, SCLZ holdings, SCLZ dividends, SCLZ valuation. See the SCLZ overview for the latest quote and fund facts.
SCLZ performance FAQ
What is the SCLZ return over the past year?
SCLZ returned +10.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 1.6%.
How much would $10,000 invested in SCLZ be worth?
$10,000 invested in SCLZ at its first recorded close on February 27, 2024 would be worth about $13,535 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of SCLZ?
The largest peak-to-trough decline was −12.6% between February 19, 2025 and April 8, 2025. It recovered to the old high on July 3, 2025, 3 months after the bottom.
How volatile is SCLZ?
Over the past history SCLZ had an annualized volatility of 7.7% and a Sharpe ratio of 1.10 (excess return over 1–3 month T-bills per unit of risk).