USSG vs. SWAN
USSG (Xtrackers MSCI USA ESG Leaders Equity ETF) and SWAN (Amplify BlackSwan Growth & Treasury Core ETF) are both exchange-traded funds - USSG is a Large Cap Growth Equities fund tracking the MSCI USA ESG Leaders, while SWAN is a Diversified Portfolio fund tracking the S-Network BlackSwan Core Index. Both are passively managed. Over the past 5 years, USSG returned 13.57%/yr vs 3.07%/yr for SWAN. A 0.74 correlation means they provide meaningful diversification when combined. USSG charges 0.10%/yr vs 0.49%/yr for SWAN.
Performance
USSG vs. SWAN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, USSG achieves a 8.92% return, which is significantly higher than SWAN's 3.97% return.
USSG
- 1D
- -0.47%
- 1M
- -0.02%
- YTD
- 8.92%
- 6M
- 8.06%
- 1Y
- 27.66%
- 3Y*
- 21.57%
- 5Y*
- 13.57%
- 10Y*
- —
SWAN
- 1D
- -0.59%
- 1M
- 0.16%
- YTD
- 3.97%
- 6M
- 3.85%
- 1Y
- 15.75%
- 3Y*
- 12.44%
- 5Y*
- 3.07%
- 10Y*
- —
USSG vs. SWAN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
USSG Xtrackers MSCI USA ESG Leaders Equity ETF | 8.92% | 18.97% | 23.45% | 29.17% | -20.33% | 31.83% | 18.71% | 19.24% |
SWAN Amplify BlackSwan Growth & Treasury Core ETF | 3.97% | 13.93% | 13.44% | 12.07% | -27.77% | 10.55% | 16.17% | 16.64% |
Correlation
The correlation between USSG and SWAN is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2019 | 0.74 |
The correlation between USSG and SWAN has been stable across timeframes, ranging from 0.74 to 0.82 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
USSG vs. SWAN — Risk / Return Rank
USSG
SWAN
USSG vs. SWAN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA ESG Leaders Equity ETF (USSG) and Amplify BlackSwan Growth & Treasury Core ETF (SWAN). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| USSG | SWAN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.28 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | 2.24 | +0.24 |
| Martin ratioReturn relative to average drawdown | 10.49 | 8.60 | +1.88 |
Loading charts...
Drawdowns
USSG vs. SWAN - Drawdown Comparison
The maximum USSG drawdown since its inception was -34.10%, which is greater than SWAN's maximum drawdown of -31.04%. Use the drawdown chart below to compare losses from any high point for USSG and SWAN.
Loading charts...
Drawdown Indicators
| USSG | SWAN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.10% | -31.04% | -3.06% |
Max Drawdown (1Y)Largest decline over 1 year | -11.20% | -7.05% | -4.15% |
Max Drawdown (3Y)Largest decline over 3 years | -20.00% | -12.07% | -7.93% |
Max Drawdown (5Y)Largest decline over 5 years | -27.00% | -31.04% | +4.04% |
Current DrawdownCurrent decline from peak | -1.74% | -1.79% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -5.57% | -8.83% | +3.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.64% | 1.84% | +0.80% |
Volatility
USSG vs. SWAN - Volatility Comparison
Xtrackers MSCI USA ESG Leaders Equity ETF (USSG) has a higher volatility of 5.11% compared to Amplify BlackSwan Growth & Treasury Core ETF (SWAN) at 3.91%. This indicates that USSG's price experiences larger fluctuations and is considered to be riskier than SWAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| USSG | SWAN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.11% | 3.91% | +1.20% |
Volatility (6M)Calculated over the trailing 6-month period | 10.89% | 7.97% | +2.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.68% | 9.99% | +3.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.69% | 11.42% | +6.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.17% | 12.49% | +7.68% |
USSG vs. SWAN - Expense Ratio Comparison
USSG has a 0.10% expense ratio, which is lower than SWAN's 0.49% expense ratio.
Dividends
USSG vs. SWAN - Dividend Comparison
USSG's dividend yield for the trailing twelve months is around 0.99%, less than SWAN's 2.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
SWAN Amplify BlackSwan Growth & Treasury Core ETF | 2.82% | 2.86% | 2.54% | 2.98% | 2.12% | 5.04% | 1.64% | 3.69% | 0.29% |
USSG Xtrackers MSCI USA ESG Leaders Equity ETF | 0.99% | 1.02% | 1.13% | 1.60% | 1.52% | 1.13% | 1.42% | 1.21% | 0.00% |
Frequently Asked Questions
USSG and SWAN have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USSG has higher volatility (5.11%) compared to SWAN (3.91%). In terms of maximum drawdown, USSG dropped -34.10% vs SWAN's -31.04%.
On 5-year performance, USSG leads with 13.57% vs 3.07% for SWAN. On fees, USSG is cheaper at 0.10% per year. On volatility, SWAN has been the lower-risk option at 3.91%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, USSG has performed better with a 13.57% return vs 3.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
USSG is cheaper with a 0.10% expense ratio, compared with 0.49% for SWAN.
SWAN has the higher dividend yield at 2.82%, compared with 0.99% for USSG.
USSG is categorized as Large Cap Growth Equities, while SWAN is Diversified Portfolio. USSG tracks MSCI USA ESG Leaders, while SWAN tracks S-Network BlackSwan Core Index. They also come from different issuers: Deutsche Bank and Amplify. Their fees differ too: 0.10% for USSG and 0.49% for SWAN.
USSG currently has the higher Sharpe Ratio (2.03 vs 1.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for USSG and SWAN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer