ETF Education Report: AMPLIFY BLACKSWAN ISWN ETF (ISWN)

What this ETF is trying to do

The AMPLIFY BLACKSWAN ISWN ETF (ticker: ISWN) is an exchange-traded fund traded on the NYSE. This report looks at how its price and distributions have moved based on recent data.

What the numbers show

When looking at an ETF, it is important to know the difference between "price return" and "total return."

• Price Return: This only measures how much the share price itself changed.

• Total Return: This includes both the change in share price and any cash distributions (dividends) paid out to investors.

For ISWN, the numbers show:

• Year-to-Date (YTD): The price return is approximately 0.57%, while the total return is approximately 2.08%.

• One Year: The price return was approximately 1.17%, while the total return was approximately 4.20%.

• Three Years: The price return was approximately 18.18%, while the total return was approximately 29.40%.

To visualize the price change, we can look at an estimated price from roughly one year ago. The price was approximately $21.35, and the current price is $21.60.

Income and distribution explanation

Some investors look for ETFs that pay out cash. This is called the distribution yield. For ISWN, the distribution yield is approximately 2.95%. Over the last 12 months, there were 4 distributions. These payments usually happen on a quarterly basis, often on Mondays.

It is important to remember that a high distribution yield does not mean the investor earned that same amount as total return. You must look at the "total return" figure to see the full picture of how the investment performed.

NAV erosion explanation

"NAV erosion" is a term used to describe when the value of the underlying assets in an ETF decreases over time. StockValueFinder uses an erosion-risk score to measure this risk.

ISWN has an erosion score of 94, which is labeled as "Stable / sideways." The erosion severity is rated as "good," and there is no severe erosion-risk flag present. This suggests the price trend has been relatively stable according to these measurements.

Pros

• The ETF shows positive total returns over the one-year and three-year periods.

• The erosion-risk measurements suggest a stable price trend.

Cons

• The five-year total return was approximately -4.77%.

Beginner takeaway

When studying ISWN, remember that the share price and the cash distributions are two different things. While the price has seen some movement, the total return provides a more complete view by including the cash paid out to shareholders. Always check both price returns and total returns to understand how an ETF is performing.

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*Disclaimer: This report is for educational purposes only. It does not provide financial advice. I am not recommending whether you should buy, sell, or hold this ETF.*