(ISWN) Amplify BlackSwan ISWN - Ratings and Ratios

The Amplify BlackSwan ISWN ETF (NYSE ARCA: ISWN) is a non-diversified exchange-traded fund designed to provide returns through a unique allocation of U.S. Treasury securities and long-dated call options (LEAP Options) on the iShares MSCI EAFE ETF (EFA). The fund invests at least 80% of its net assets in the securities that comprise its underlying index. This index allocates approximately 10% of its market capitalization to a portfolio of LEAP Options on EFA, which are designed to hedge against potential market downturns, and approximately 90% to a portfolio of U.S. Treasury securities, which provide stability and income. The ETF is structured as a fund of funds, primarily holding Treasuries and derivative instruments tied to international developed market equities.

As a hedged equity ETF, ISWN aims to deliver returns that align with the performance of international developed markets while mitigating downside risk through its Treasury allocation. The funds use of LEAP Options on EFA allows for exposure to the iShares MSCI EAFE ETF, which tracks the performance of equity securities in developed markets outside the U.S. and Canada. This strategy is tailored for investors seeking a combination of equity exposure and risk reduction.

3-Month Forecast: Based on the technical and fundamental data, ISWN is expected to trade within a narrow range due to its low average true range (ATR) of 0.15. The funds moving averages (SMA 20: 19.10, SMA 50: 18.55, SMA 200: 19.02) suggest a neutral to slightly bearish trend in the near term. However, the moderate assets under management (AUM: $31.16M) and low average daily volume (2,641 shares) indicate limited liquidity, which could amplify price movements. The funds price may test resistance near $19.68 or support around $18.55 over the next three months.