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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$8.39

$27.3 M

0.22%

$0.02

1.65%

Vitals

YTD Return

-12.5%

1 yr return

-11.0%

3 Yr Avg Return

-0.1%

5 Yr Avg Return

-0.4%

Net Assets

$27.3 M

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$8.4
$8.39
$9.88

Expenses

OPERATING FEES

Expense Ratio 1.65%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 6.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$100,000

IRA

$100,000


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Options Trading


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$8.39

$27.3 M

0.22%

$0.02

1.65%

SDFIX - Profile

Distributions

  • YTD Total Return -12.5%
  • 3 Yr Annualized Total Return -0.1%
  • 5 Yr Annualized Total Return -0.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.20%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Swan Defined Risk Emerging Markets Fund
  • Fund Family Name
    Swan
  • Inception Date
    Dec 30, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Randy Swan

Fund Description

The fund seeks to achieve its investment objective by investing directly, or indirectly through ETFs, in: foreign (including emerging markets) equity securities, including ADRs, of any market capitalization, exchange-traded long-term put options on U.S. exchanges for hedging purposes, and buying and selling exchange-traded put and call options on various ETFs and foreign equity indices to generate additional returns.


SDFIX - Performance

Return Ranking - Trailing

Period SDFIX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.5% -2.8% 240.8% 86.96%
1 Yr -11.0% -4.3% 140.6% 73.91%
3 Yr -0.1%* -8.3% 18.3% 96.15%
5 Yr -0.4%* -5.0% 17.3% 83.05%
10 Yr N/A* -4.6% 13.2% N/A

* Annualized

Return Ranking - Calendar

Period SDFIX Return Category Return Low Category Return High Rank in Category (%)
2021 -1.8% -34.1% 904.0% 60.36%
2020 3.4% -28.6% 438.4% 94.80%
2019 -1.8% -93.5% 8.2% 60.00%
2018 -11.3% -38.9% 19.8% 0.78%
2017 19.8% -10.9% 12.8% 40.78%

Total Return Ranking - Trailing

Period SDFIX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.5% -2.7% 244.0% 87.75%
1 Yr -11.0% -4.3% 140.6% 70.87%
3 Yr -0.1%* -8.3% 18.3% 94.23%
5 Yr -0.4%* -5.4% 17.3% 82.20%
10 Yr N/A* -4.6% 13.2% N/A

* Annualized

Total Return Ranking - Calendar

Period SDFIX Return Category Return Low Category Return High Rank in Category (%)
2021 -1.8% -34.1% 904.0% 60.36%
2020 3.4% -5.9% 438.4% 95.38%
2019 -1.8% -81.2% 8.2% 71.03%
2018 -11.3% -29.0% 19.8% 0.78%
2017 19.8% -10.9% 12.8% 56.31%

NAV & Total Return History


SDFIX - Holdings

Concentration Analysis

SDFIX Category Low Category High SDFIX % Rank
Net Assets 27.3 M 25 17.4 B 76.03%
Number of Holdings 12 2 508 56.11%
Net Assets in Top 10 28.2 M -6.66 M 5.12 B 65.27%
Weighting of Top 10 N/A 11.3% 100.0% 1.89%

Top 10 Holdings

  1. Option on iShares MSCI Emerging Markets ETF Jan22 8.51%
  2. Option on iShares MSCI Emerging Markets ETF Jan22 8.51%
  3. Option on iShares MSCI Emerging Markets ETF Jan22 8.51%
  4. Option on iShares MSCI Emerging Markets ETF Jan22 8.51%
  5. Option on iShares MSCI Emerging Markets ETF Jan22 8.51%
  6. Option on iShares MSCI Emerging Markets ETF Jan22 8.51%
  7. Option on iShares MSCI Emerging Markets ETF Jan22 8.51%
  8. Option on iShares MSCI Emerging Markets ETF Jan22 8.51%
  9. Option on iShares MSCI Emerging Markets ETF Jan22 8.51%
  10. Option on iShares MSCI Emerging Markets ETF Jan22 8.51%

Asset Allocation

Weighting Return Low Return High SDFIX % Rank
Stocks
97.04% -3.92% 100.76% 55.34%
Cash
2.96% -0.76% 100.29% 39.69%
Preferred Stocks
0.00% 0.00% 3.08% 2.29%
Other
0.00% 0.00% 45.92% 46.56%
Convertible Bonds
0.00% 0.00% 20.91% 35.88%
Bonds
0.00% 0.00% 97.96% 38.93%

SDFIX - Expenses

Operational Fees

SDFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.65% 0.20% 6.78% 28.81%
Management Fee 1.00% 0.20% 1.75% 74.63%
12b-1 Fee 0.00% 0.00% 1.00% 18.39%
Administrative Fee N/A 0.02% 0.28% 43.94%

Sales Fees

SDFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

SDFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SDFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 6.00% 0.00% 456.80% 46.88%

SDFIX - Distributions

Dividend Yield Analysis

SDFIX Category Low Category High SDFIX % Rank
Dividend Yield 0.22% 0.00% 3.76% 36.80%

Dividend Distribution Analysis

SDFIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

SDFIX Category Low Category High SDFIX % Rank
Net Income Ratio 0.20% -2.54% 14.24% 19.67%

Capital Gain Distribution Analysis

SDFIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

SDFIX - Fund Manager Analysis

Managers

Randy Swan


Start Date

Tenure

Tenure Rank

Dec 30, 2014

7.42

7.4%

Randy Swan, President, is the founder of Swan Capital Management, LLC and Swan Global Management, LLC. Oversees the team that runs all of the firm's investment activities. Before starting the Sub-Adviser in 2014, the Adviser in 2012 and Swan Global Investments, LLC in 1997, Randy was a KPMG senior manager working in their Financial Services Group, primarily with insurance companies and risk managers. It was here where Randy conceived Swan’s investment strategy of using the options market to manage portfolio risk, similar to how the insurance companies were managing their insurance portfolios.

Robert Swan


Start Date

Tenure

Tenure Rank

Nov 01, 2016

5.58

5.6%

Rob manages and implements the Swan Defined Risk Strategy as a Portfolio Manager, including investment management and trading as well as development and maintenance of proprietary technology, enabling Swan to scale and execute the DRS across multiple platforms and thousands of accounts. He also provides daily oversight of Swan operations as COO. Prior to joining Swan, Rob’s previous positions have ranged from flight-test engineering and computer aided design software development at the Boeing Company, to director of operations and part owner of Object Publisher Web Services, the leading web service automation provider for custom brochure and catalog publishing. His analytical, technical, and computing skills have been developed and applied since 1988 in production software development, computer automation, process design and standardization, business and technical process modeling, and aerodynamics engineering.

Christopher Hausman


Start Date

Tenure

Tenure Rank

Nov 02, 2018

3.58

3.6%

Chris is the Director of Risk Management and Chief Market Technician at Swan and assists in the daily operations and trading for all Defined Risk Strategy investments and positions. Before joining Swan, Chris started his career as an investment banking analyst before transitioning to the trading pits of Chicago. In 1996, Chris became a market-maker for Wolverine Trading, LLC where he worked on the floor of the Chicago Mercantile Exchange, trading options on the S&P 500 futures index, and on the Pacific Stock Exchange, trading options on Microsoft. In April 1999 as Senior Trader, Chris joined an options broker-dealer (STC, LLC) founded and managed by Anthony Saliba. During that same period, he also served as lead instructor for the International Trading Institute Ltd., teaching option strategies and risk management techniques to market makers and traders from around the world. In January 2002, Chris joined CAZ Investments in Houston, TX, where he held the position of Senior Vice President. He re-joined Mr. Saliba in a new venture, Saliba Portfolio Management, as Senior Portfolio Manager and Chief Portfolio Strategist in January 2004 and ultimately became the Director of Trading Operations in January 2011.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 19.77 3.61 5.67