---
ticker: "SWAN"
name: "Amplify BlackSwan Growth & Treasury Core ETF"
url: "https://etf.net/etf/SWAN"
grade: "B"
score: 57
graded_at: "2026-10-12"
category: "S&P 500 Buffer"
category_rank: "2 of 7"
methodology: "https://etf.net/methodology"
---

# SWAN: Amplify BlackSwan Growth & Treasury Core ETF

Grade **B**, Score 57 of 100. Rank 2 of 7 in S&P 500 Buffer.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 66 | 3 of 7 |
| Mission | Not scored | — |
| Risk | 23 | 7 of 7 |
| Tradability | 57 | 3 of 7 |
| Holdings | 75 | 2 of 5 |
| Durability | 79 | 2 of 7 |

## Top holdings

The fund holds 14 positions. These are the largest 14, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 91282CDJ7 | United States Treasury Note/Bond 1.375% 11/15/2031 | 8.60% |
| 2 | 91282CEP2 | United States Treasury Note/Bond 2.875% 05/15/2032 | 8.54% |
| 3 | 91282CPJ4 | United States Treasury Note/Bond 4% 11/15/2035 | 8.51% |
| 4 | 91282CQQ7 | United States Treasury Note/Bond 4.375% 05/15/2036 | 8.49% |
| 5 | 91282CFV8 | United States Treasury Note/Bond 4.125% 11/15/2032 | 8.49% |
| 6 | 91282CHC8 | United States Treasury Note/Bond 3.375% 05/15/2033 | 8.48% |
| 7 | 91282CJJ1 | United States Treasury Note/Bond 4.5% 11/15/2033 | 8.44% |
| 8 | 91282CKQ3 | United States Treasury Note/Bond 4.375% 05/15/2034 | 8.43% |
| 9 | 91282CLW9 | United States Treasury Note/Bond 4.25% 11/15/2034 | 8.41% |
| 10 | 91282CNC1 | United States Treasury Note/Bond 4.25% 05/15/2035 | 8.39% |
| 11 | 2SPY  261218C00645010 | Spy 12/18/2026 645.01 C | 7.61% |
| 12 | 2SPY  270617C00720010 | Spy 06/17/2027 720.01 C | 5.73% |
| 13 | — | Cash & Other | 1.40% |
| 14 | AGPXX | Invesco Government & Agency Portfolio 12/31/2031 | 0.47% |

Source: etf.net, https://etf.net/etf/SWAN. Please cite the page URL.