SWAN vs. KMLM
Compare and contrast key facts about Amplify BlackSwan Growth & Treasury Core ETF (SWAN) and KFA Mount Lucas Index Strategy ETF (KMLM).
SWAN and KMLM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SWAN is a passively managed fund by Amplify Investments that tracks the performance of the S-Network BlackSwan Core Index. It was launched on Nov 6, 2018. KMLM is an actively managed fund by CICC. It was launched on Dec 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWAN or KMLM.
Key characteristics
| SWAN | KMLM | |
|---|---|---|
| YTD Return | -0.37% | 8.05% |
| 1Y Return | 6.34% | 1.04% |
| 3Y Return (Ann) | -4.22% | 7.45% |
| Sharpe Ratio | 0.42 | 0.09 |
| Daily Std Dev | 11.65% | 11.48% |
| Max Drawdown | -31.04% | -24.15% |
| Current Drawdown | -19.96% | -15.97% |
Correlation
The correlation between SWAN and KMLM is -0.38. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
SWAN vs. KMLM - Performance Comparison
In the year-to-date period, SWAN achieves a -0.37% return, which is significantly lower than KMLM's 8.05% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SWAN vs. KMLM - Expense Ratio Comparison
SWAN has a 0.49% expense ratio, which is lower than KMLM's 0.90% expense ratio.
Risk-Adjusted Performance
SWAN vs. KMLM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify BlackSwan Growth & Treasury Core ETF (SWAN) and KFA Mount Lucas Index Strategy ETF (KMLM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
SWAN vs. KMLM - Dividend Comparison
SWAN's dividend yield for the trailing twelve months is around 2.98%, while KMLM has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
SWAN Amplify BlackSwan Growth & Treasury Core ETF | 2.98% | 2.98% | 2.12% | 5.04% | 1.64% | 3.69% | 0.29% |
KMLM KFA Mount Lucas Index Strategy ETF | 0.00% | 0.00% | 8.12% | 6.94% | 0.00% | 0.00% | 0.00% |
Drawdowns
SWAN vs. KMLM - Drawdown Comparison
The maximum SWAN drawdown since its inception was -31.04%, which is greater than KMLM's maximum drawdown of -24.15%. Use the drawdown chart below to compare losses from any high point for SWAN and KMLM. For additional features, visit the drawdowns tool.
Volatility
SWAN vs. KMLM - Volatility Comparison
Amplify BlackSwan Growth & Treasury Core ETF (SWAN) has a higher volatility of 3.69% compared to KFA Mount Lucas Index Strategy ETF (KMLM) at 2.85%. This indicates that SWAN's price experiences larger fluctuations and is considered to be riskier than KMLM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.