ISWN vs XIJN: Grades, Fees and Holdings Compared

Amplify BlackSwan ISWN ETF (International)

ISWNANYSE Arca

FT Vest U.S. Equity Buffer & Premium Income ETF - June

XIJNBCboe

Overlap

0.0%by weight

Expense ratio

ISWN −0.36pt a year

ISWN0.49%XIJN0.85%

Avg volume · 30D

XIJN 3.0×the volume

ISWN1.97KXIJN5.89K

ISWN vs XIJN Performance

Oct 31, 2025 – Oct 30, 2026

+2.4%ISWN+6.2%XIJN

Expense ratio: ISWN 0.49%, better; XIJN 0.85%
Fund size: ISWN $35M; XIJN $50M
1Y total return: ISWN +2.4%; XIJN +6.2%, better
Yield (12M): ISWN 3.09%; XIJN 6.91%, better
Holdings: ISWN 14; XIJN 11
Avg volume (30D): ISWN 1.97K sh; XIJN 5.89K sh, better
NAV per share: ISWN $21.22; XIJN $30.79
52W range

ETF.net Grade

Pillar letters and Scores for ISWN, XIJN, with each pillar’s weight
Pillar	ISWN	XIJN
Cost30% weight	A100Higher	D35
Mission25% weight	Not scored	Not scored
Risk15% weight	D39	A94Higher
Tradability15% weight	B58	A87Higher
Holdings10% weight	C53	Not scored
Durability5% weight	A81	A83Higher

Rank among Other Floor Protected funds

How we build Categories ›

Same Category. ISWN and XIJN are both graded against the same 18 Other Floor Protected funds, so their Grades compare head to head.

Other Floor Protected⁠

Category · 18 funds

See all 18 ›

ISWN ranks 3rd and XIJN 7th of 18 funds in the Other Floor Protected Category.

Rank 1ACPRYCalamos Russell 2000 Structured Alt Protection ETF – JanuaryScore 78
Rank 2ACPROCalamos Russell 2000 Structured Alt Protection ETF – OctoberScore 76
Rank 3AISWNAmplify BlackSwan ISWN ETF (International)Score 74
Rank 4ACPNSCalamos Nasdaq-100 Structured Alt Protection ETF – SeptemberScore 71
Rank 7BCPNMCalamos Nasdaq-100 Structured Alt Protection ETF – MarchScore 64
Rank 7BXIJNFT Vest U.S. Equity Buffer & Premium Income ETF - JuneScore 64
Rank 9BFLJJAllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETFScore 58

Our read on each fund

ETF.net Research

ISWNAAmplify BlackSwan ISWN ETF (International)

XIJNBFT Vest U.S. Equity Buffer & Premium Income ETF - June

In short

ISWN Most downside-protection funds pay for the cushion by capping your upside. ISWN skips the cap: roughly 90% sits in Treasuries while about 10% buys long-dated in-the-money calls on EFA, so developed-market exposure arrives through options.

XIJN No data

Stated mandate

ISWN The fund seeks to track a rules-based index combining U.S. Treasury securities with EFA options. Its strategy targets approximately 90% Treasury exposure to cushion severe, rare market disruptions while retaining some participation in EFA gains.

XIJN No data

Why people hold it

ISWN At 0.49%, it runs about half the 0.89% median of its downside-protection cohort.
No artificial ceiling on gains. Buffer peers like IBUF hand back everything above a set cap each outcome period; ISWN's EFA calls carry no stated cap.amplifyetfs.com innovatoretfs.com
The rare international take on the structure: ISWN is the EAFE sibling of Amplify's SWAN, swapping SPY options for EFA options to reach developed markets outside the US.amplifyetfs.com
Rules-based, not a judgment call. It tracks the S-Network International BlackSwan Index, which sets the Treasury and option mix on a fixed schedule.amplifyetfs.com

XIJN No data

Worth knowing

ISWN The Treasury sleeve targets the duration of the 10-year note, so interest rates steer results as much as EAFE does.amplifyetfs.com
The cushion is indirect. It leans on Treasuries holding up when stocks fall, not a contractual buffer, so no fixed percentage of downside is defined.amplifyetfs.com
Among the smaller and more thinly traded funds in its category, which can widen bid-ask spreads on entry and exit.

XIJN No data

Full ISWN profile⁠

Full XIJN profile⁠

ISWN vs XIJN Holdings

How ISWN and XIJN differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of ISWN and 0.0% of XIJN.

Level by level

Holdings0 in both0.0%
Countryby domicile1.9%

Sector

No Sector split for XIJN.

Country, concentration and asset class

Country by domicile

Country weights in ISWN and XIJN, widest gap first
Country	More in ISWNMore in XIJN	ISWN	XIJN
United States	XIJN +98.1 points	1.4%	99.5%
Japan	ISWN +24.3 points	24.3%	0.0%
United Kingdom	ISWN +14.1 points	14.1%	0.0%
Switzerland	ISWN +9.9 points	10.2%	0.3%
Germany	ISWN +8.8 points	8.8%	0.0%
France	ISWN +8.3 points	8.3%	0.0%
Australia	ISWN +6.7 points	6.7%	0.0%
Netherlands	ISWN +6.0 points	6.0%	0.0%
Other countries (17)	ISWN +20.1 points	20.3%	0.2%

Outside the US: ISWN 99% developed, 1% emerging.

Concentration

Weight in the 10 largest Holdings

ISWN86.8%
XIJN109.0%

Securities held

ISWN13
XIJN10

Asset class

ISWN: Equity
XIJN: Multi-Asset

Holdings

Only in ISWN13
In both0
Only in XIJN10

Only in ISWN

13 securities, 98.5% of ISWN by weight

United States Treasury Note/Bond 1.375% 11/15/20318.86%
United States Treasury Note/Bond 2.875% 05/15/20328.79%
United States Treasury Note/Bond 3.375% 05/15/20338.76%
United States Treasury Note/Bond 4% 11/15/20358.74%
United States Treasury Note/Bond 4.375% 05/15/20368.73%
United States Treasury Note/Bond 4.375% 05/15/20348.72%
United States Treasury Note/Bond 4.125% 11/15/20328.56%
United States Treasury Note/Bond 4.5% 11/15/20338.54%
United States Treasury Note/Bond 4.25% 11/15/20348.53%
United States Treasury Note/Bond 4.25% 05/15/20358.52%
Efa 12/18/2026 88.01 C7.10%
Efa 06/17/2027 98.01 C4.34%
Invesco Government & Agency Portfolio 12/31/20310.24%

Only in XIJN

10 securities, 100% of XIJN by weight

2027-06-17 State Street® SPDR® S&P 500® ETF Trust C 0.0799.98%
2027-06-17 State Street® SPDR® S&P 500® ETF Trust P 746.733.91%
U.S. Treasury Bill, 0%, due 11/27/20260.56%
U.S. Treasury Bill, 0%, due 12/24/20260.55%
U.S. Treasury Bill, 0%, due 01/21/20270.55%
U.S. Treasury Bill, 0%, due 02/18/20270.55%
U.S. Treasury Bill, 0%, due 03/18/20270.55%
U.S. Treasury Bill, 0%, due 04/15/20270.55%
U.S. Treasury Bill, 0%, due 05/13/20270.55%
U.S. Treasury Bill, 0%, due 06/10/20270.54%

Weight gaps

ISWN and XIJN share no securities.

All 12 ISWN holdings⁠All 12 XIJN holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ISWN vs XIJN Cost

Overpaying XIJN vs ISWN

$6,407

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

ISWN 0.49%
$9,792
XIJN 0.85%
$16,199

Amount$10,000

Years30 years

Cost over time

ISWN 0.49%
XIJN 0.85%
Overpaying

Year by year

Year	ISWN	XIJN	Overpaying
10	$883	$1,508	$625
20	$3,394	$5,706	$2,312
30	$9,792	$16,199	$6,407

Expense ratio

0.49%ISWN, cheaper
0.85%XIJN

ISWN0.49%XIJN0.85%

0.49%1.44%

Middle half of Other Floor Protected funds
Median 0.79%

ISWN cheapest of 18 funds

XIJN 10th cheapest of 18 funds

ISWN vs XIJN Dividends

Last 12 months to Oct 30, 2026

Yield (12M): ISWN 3.09%; XIJN 6.91%, better
Payout (12M): ISWN $0.65; XIJN $2.13
Last payment: ISWN $0.17; XIJN $0.17
Ex-dividend: ISWN Sep 29, 2026; XIJN Oct 1, 2026
Paid on: ISWN Sep 30, 2026; XIJN Oct 2, 2026
Frequency: ISWN Quarterly; XIJN Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

ISWNQuarterly · 15 paymentsAll ISWN payments⁠

XIJNMonthly · 27 paymentsAll XIJN payments⁠

ISWN vs XIJN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: ISWN 12.1%XIJN 1.3%since Jul 2024
Return per unit of riskSharpe ratio, 3 years: ISWN 0.54XIJN 2.06since Jul 2024
Worst fallMax drawdown, 5 years: ISWN −31.7%XIJN −4.7%since Jun 2024
Market sensitivityBeta, 5 years: ISWN 0.58XIJN 0.08; Market = 1

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