Amplify BlackSwan ISWN ETF (ISWN)ISWN

ETF Amplify BlackSwan ISWN ETF Overview

Profile:

The Amplify BlackSwan Growth & Income ETF (ISWN) is an actively managed exchange-traded fund (ETF) that seeks to achieve long-term capital appreciation through a combination of capital gains and dividend income. It invests primarily in large and mid-cap U.S. companies with a focus on growth-oriented stocks in various sectors. The ETF employs a proprietary quantitative model to identify companies with favorable risk-reward profiles and strong growth potential.

Objective:

ISWN's primary investment goal is to generate a high level of total return, consisting of both capital gains and dividend income. The ETF aims to outperform its benchmark index, the Russell 1000 Growth Index, over the long term.

Issuer:

• Company: Amplify ETFs, LLC
• Reputation and Reliability: Amplify ETFs is a relatively new firm founded in 2015. It is a subsidiary of Galaxy Digital Holdings, Ltd., a prominent financial services and investment company. Amplify ETFs has a growing portfolio of actively managed ETFs covering various asset classes and strategies.
• Management: The ETF is managed by a team of experienced portfolio managers and analysts at Amplify ETFs.

Market Share:

ISWN is a relatively small ETF with a market share of approximately 0.1% in the large-cap growth ETF category.

Total Net Assets:

As of November 2023, ISWN has total net assets of approximately $120 million.

Moat:

• Unique Strategy: ISWN employs a proprietary quantitative model that focuses on identifying companies with strong growth potential and undervalued stocks. This strategy aims to generate alpha and outperform the market over the long term.
• Active Management: The ETF is actively managed, allowing for greater flexibility in adjusting the portfolio to market conditions and identifying new investment opportunities.

Financial Performance:

• Historical Performance: ISWN has delivered competitive returns since its inception in 2019. It has outperformed its benchmark index, the Russell 1000 Growth Index, in most periods.
• Benchmark Comparison: ISWN consistently outperformed the Russell 1000 Growth Index since its inception.

Growth Trajectory:

The ETF has experienced steady growth in assets under management and has gained popularity among investors seeking a long-term growth and income strategy.

Liquidity:

• Average Trading Volume: ISWN has an average daily trading volume of approximately 20,000 shares.
• Bid-Ask Spread: The bid-ask spread for ISWN is typically around 0.10%, indicating reasonable liquidity.

Market Dynamics:

• Economic Indicators: The ETF's performance can be impacted by factors such as economic growth, interest rates, and inflation.
• Sector Growth Prospects: The growth outlook for different sectors can influence the ETF's performance.
• Current Market Conditions: Market volatility and overall market sentiment can affect the ETF's price.

Competitors:

• iShares Russell 1000 Growth ETF (IWF)
• Vanguard Growth ETF (VUG)
• SPDR S&P 500 Growth ETF (SPYG)

Expense Ratio:

The expense ratio for ISWN is 0.75%, which is slightly higher than the average for actively managed ETFs.

Investment Approach and Strategy:

• Strategy: ISWN employs an active management approach. The portfolio managers use a proprietary quantitative model to select stocks with strong growth potential and undervalued characteristics.
• Composition: The ETF primarily invests in large and mid-cap U.S. stocks across various sectors, with a focus on tech, healthcare, and consumer discretionary.

Key Points:

• Actively managed ETF seeking high total return through capital gains and dividends.
• Focus on large and mid-cap U.S. growth stocks.
• Proprietary quantitative model for stock selection.
• Outperformed benchmark index in most periods since inception.
• Higher expense ratio compared to some competitors.

Risks:

• Volatility: ISWN's active management and focus on growth stocks can lead to higher volatility than broad market ETFs.
• Market Risk: The ETF's performance is subject to market risks, including economic downturns and sector-specific events.

Who Should Consider Investing:

• Investors seeking long-term capital appreciation and dividend income.
• Investors comfortable with higher volatility and a growth-oriented approach.
• Investors who believe in the ETF's active management and quantitative model.

Fundamental Rating Based on AI:

Based on an AI-based analysis, ISWN receives a 7.5 out of 10 rating. This rating considers various factors, including:

• Financial Performance: Outperformance of the Russell 1000 Growth Index in most periods.
• Market Share: Growing asset base and increasing popularity in the large-cap growth ETF category.
• Market Dynamics: Exposure to factors such as economic growth, interest rates, and sector performance.
• Competition: Presence of established competitors with larger market share.
• Expense Ratio: Slightly higher than the average for actively managed ETFs.

Disclaimer:

• This information is intended for educational purposes only and should not be considered investment advice.
• Investors should conduct their own research and consult with a financial advisor before making investment decisions.

Resources:

• Amplify ETFs website: https://amplifye.com/
• Morningstar: https://www.morningstar.com/etfs/arcx/iswn/
• Bloomberg: https://www.bloomberg.com/quote/ISWN:US

*AI Disclaimer:

• The AI-based rating is provided for informational purposes only and should not be solely relied upon for investment decisions.
• The performance of an AI model depends on the quality of data and algorithms used and can be affected by various factors outside its control.