Amplify BlackSwan Growth & Treasury Core ETF (SWAN) Performance
SWAN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.9% since Dec 31, 2025
- 1 year
- +2.3% total return
- 5 years
- +1.9% a year
- Since first price
- +6.4% a year since 2018
SWAN trailing returns vs SPY, QQQ, AGG
| Period | SWAN total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.1% | −1.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.1% | −1.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.4% | −1.5% | +7.8% | +8.4% | −1.5% |
| YTD | +1.9% | −0.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +2.3% | −1.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +51.3%+14.8%/yr | +38.3% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +9.7%+1.9%/yr | −8.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionNov 6, 2018 | +63.4%+6.4%/yr | +28.5% | — | — | — |
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: SWAN vs SPY
From Nov 6, 2018: SWAN grew to $16,337, SPY to $31,136.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SWAN returns by calendar year
6 of 7 full years positive. Best 2019 (+22.0%), worst 2022 (−27.8%). 2026 is year to date.
SWAN annual returns table
| Year | SWAN | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +1.9% | −7.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +13.9% | −8.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +13.4% | −6.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +12.1% | −12.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −27.8% | −28.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +10.6% | −5.1% | +28.7% | +27.4% | −1.8% |
| 2020 | +16.2% | −12.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +22.0% | −2.5% | +31.2% | +39.0% | +8.5% |
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.
SWAN largest drawdowns
Now 4.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 9, 2021 | −31.0% | Oct 27, 2023 | Sep 4, 2025 | 2.0 years | 3.8 years |
| Mar 18, 2020 | −12.8% | Mar 19, 2020 | Jun 10, 2020 | 1 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SWAN risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +13.5% | +2.2% | +6.1% |
| Volatility (annualized) | 11.7% | 13.2% | 11.8% |
| Sharpe ratio | 0.77 | -0.04 | 0.34 |
| Sortino ratio | 1.25 | -0.05 | 0.49 |
| Best month | +9.2% | +9.2% | +9.2% |
| Worst month | −5.9% | −8.8% | −8.8% |
| Best 12 months | +30.7% | +30.7% | +30.7% |
| Worst 12 months | +2.5% | −27.8% | −27.8% |
| Positive months | 72% | 60% | 65% |
| Beta vs S&P 500 | 0.84 | 0.74 | — |
| Correlation with S&P 500 | 0.89 | 0.88 | — |
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.
SWAN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 84 | −27.8% | +11.6% | +30.7% | 77% |
| 3-year (a year) | 60 | −5.9% | +0.3% | +16.2% | 50% |
| 5-year (a year) | 36 | +1.6% | +3.3% | +4.9% | 100% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
SWAN performance overview
Amplify BlackSwan Growth & Treasury Core ETF (SWAN) returned +2.3% over the past year and +1.9% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +6.4% a year, turning $10,000 into about $16,337. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −31.0%, from Nov 9, 2021 to Oct 27, 2023, and it took 1.9 years to get back to the old high. SWAN finished 6 of its 7 full calendar years with a gain; the best year was 2019 (+22.0%) and the worst 2022 (−27.8%). Volatility has been 11.8% a year.
Related: SWAN chart, SWAN dividends. See the SWAN overview for the latest quote and fund facts.
SWAN performance FAQ
What is the SWAN return over the past year?
SWAN returned +2.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 1.2%.
What is the average annual return of SWAN?
SWAN has returned +1.9% a year over 5 years, +6.4% a year since November 6, 2018 (total return, distributions reinvested).
How much would $10,000 invested in SWAN be worth?
$10,000 invested in SWAN at its first recorded close on November 6, 2018 would be worth about $16,337 on October 23, 2026 with distributions reinvested.
What was the worst year for SWAN?
The worst calendar year was 2022, with a total return of −27.8%. The best was 2019 at +22.0%.
What is the biggest drawdown of SWAN?
The largest peak-to-trough decline was −31.0% between November 9, 2021 and October 27, 2023. It recovered to the old high on September 4, 2025, 1.9 years after the bottom.
How volatile is SWAN?
Over the past 3 years SWAN had an annualized volatility of 11.7% and a Sharpe ratio of 0.77 (excess return over 1–3 month T-bills per unit of risk).