FYI: Today Amplify Investments debuted an ETF that looks to capture the performance of the S&P 500 Index while avoiding steep downturns. The Amplify BlackSwan Growth & Treasury Core ETF (SWAN) invests primarily in long-dated call options, otherwise known as LEAPS, on the SPDR S&P 500 ETF Trust (SPY) and in Treasury securities.
SWAN comes with an expense ratio of 0.49% and lists on the NYSE Arca
Regards,
Ted
https://www.etf.com/sections/daily-etf-watch/new-etf-guards-against-swans
