SCLZ Swan Enhanced Dividend Income E
Quote as of Nov 09, 2026 19:30 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 53.76 | Day Range | 55.04 – 55.04 |
| 52-Week Range | 50.41 – 57.72 | Volume | 240 |
| Avg Volume | 983 | AUM | $18.8M (Nov 09, 2026) |
| Expense Ratio | 0.79% | Yield (TTM) | 8.62% |
| NAV | 53.73 | Premium/Discount | +2.44% indicative |
| Inception | Feb 26, 2024 | Holdings | 124 |
| Issuer | Swan | Exchange | CBOE |
| Category | Covered Call | Index Tracked | Not stated in source data |
| CUSIP | 66538R532 | ISIN | US66538R5321 |
| Structure | Option Income Buffer / Defined Outcome | ||
| Management | Not stated in source data | ||
About this ETF
SCLZ aims to maximize income through a portfolio of US dividend-paying companies combined with a covered call writing strategy. This strategy provides a potential buffer against market volatility, although the reduction is limited to the amount of option premium received. Based on the large- and mid-cap stocks of the OShares Focused Quality Dividend Index, the fund selects 50 names based on a composite score for quality and growth characteristics. The composite score considers quality factors, dividend growth, dividend coverage, and dividend yield. Note some stocks with superior dividend payouts and higher capital appreciation potential may be excluded if option premium potential is too low. Quarterly, constituents are re-ranked based on historic dividend yield and potential capital appreciation, with holdings sold when they are no longer listed. Risk management involves establishing pre-defined exit points for each option to reduce downside exposure while maximizing income.
Description from the fund data provider · profile as of Nov 09, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -6.75% | -5.50% | -3.83% | -1.79% | -1.05% | — | — | — | +2.75% |
| Total return | -6.08% | -3.47% | +0.37% | +5.37% | +7.65% | — | — | — | +10.55% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Nov 06, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.79% | Annual cost of a $10,000 investment | $79.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Nov 07, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 124 holdings stored, 25 shown.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | MICROSOFT CORP | MSFT | 7.39% | 2.62K | $1.4M |
| 2 | APPLE INC | AAPL | 6.69% | 3.68K | $1.3M |
| 3 | NVIDIA CORP | NVDA | 5.62% | 5.66K | $1.1M |
| 4 | AMAZON.COM INC | AMZN | 3.67% | 2.66K | $690.5K |
| 5 | META PLATFORMS-A | META | 3.65% | 1.13K | $687.0K |
| 6 | BERKSHIRE HATH-B | BRK-B | 3.47% | 1.14K | $652.0K |
| 7 | ELI LILLY & CO | LLY | 3.36% | 466 | $631.0K |
| 8 | JPMORGAN CHASE | JPM | 3.29% | 1.85K | $618.1K |
| 9 | BROADCOM INC | AVGO | 2.79% | 1.79K | $524.5K |
| 10 | VISA INC-CLASS A | V | 2.57% | 1.14K | $483.5K |
| 11 | TESLA INC | TSLA | 2.54% | 1.33K | $477.5K |
| 12 | ADV MICRO DEVICE | AMD | 2.51% | 1.05K | $471.5K |
| 13 | JOHNSON&JOHNSON | JNJ | 2.21% | 1.50K | $415.2K |
| 14 | MICRON TECH | MU | 2.14% | 584 | $403.0K |
| 15 | MASTERCARD INC-A | MA | 1.92% | 554 | $361.6K |
| 16 | CISCO SYSTEMS | CSCO | 1.82% | 3.64K | $341.8K |
| 17 | GE AEROSPACE COMPANY | GE | 1.75% | 1.02K | $329.7K |
| 18 | EXXONMOBIL HOLDI | XOM | 1.73% | 1.97K | $326.1K |
| 19 | ABBVIE INC | ABBV | 1.71% | 1.10K | $321.3K |
| 20 | PALANTIR TECHN-A | PLTR | 1.62% | 1.90K | $303.9K |
| 21 | ALPHABET INC-A | GOOGL | 1.58% | 1.04K | $297.3K |
| 22 | FRST AM-GV OB-X | — | 1.41% | 265.70K | $265.7K |
| 23 | ALPHABET INC-C | GOOG | 1.40% | 926 | $262.9K |
| 24 | CATERPILLAR INC | CAT | 1.40% | 470 | $262.6K |
| 25 | WALMART INC | WMT | 1.38% | 2.07K | $260.3K |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 8.62% | Paid (last 12 months) | $4.6319 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 22, 2026 | Last payment | $0.4036 (Oct 27, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 22, 2026 | Oct 22, 2026 | Oct 27, 2026 | $0.4036 |
| Sep 24, 2026 | Sep 24, 2026 | Sep 29, 2026 | $0.4080 |
| Aug 20, 2026 | Aug 20, 2026 | Aug 25, 2026 | $0.4034 |
| Jul 24, 2026 | Jul 24, 2026 | Jul 29, 2026 | $0.3993 |
| Jun 25, 2026 | Jun 25, 2026 | Jun 30, 2026 | $0.3943 |
| May 21, 2026 | May 21, 2026 | May 26, 2026 | $0.3907 |
| Apr 23, 2026 | Apr 23, 2026 | Apr 28, 2026 | $0.3766 |
| Mar 19, 2026 | Mar 19, 2026 | Mar 24, 2026 | $0.3685 |
| Feb 19, 2026 | Feb 19, 2026 | Feb 24, 2026 | $0.3707 |
| Jan 22, 2026 | Jan 22, 2026 | Jan 27, 2026 | $0.3725 |
| Dec 19, 2025 | Dec 19, 2025 | Dec 24, 2025 | $0.3727 |
| Nov 21, 2025 | Nov 21, 2025 | Nov 26, 2025 | $0.3716 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 11.48% / 11.52% | Sharpe 1Y / 3Y | 0.314 / 0.571 |
| Max drawdown 1Y / 3Y | -7.02% / -12.58% | Sortino 1Y | 0.433 |
| Beta vs S&P 500 (3Y) | 0.671 | Correlation vs S&P 500 (1Y) | 0.934 |
| Downside deviation 1Y | 8.33% | Risk-free rate used | 4.00% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Nov 09, 2026. Formulas →
Liquidity
| Volume today | 240 | Average volume | 983 |
| AUM | $18.8M | Premium/Discount | +2.44% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Week | -$114.5K | -0.59% | $19.4M → $18.8M |
| 1 Month | $53.2K | +0.26% | $20.1M → $18.8M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for SCLZ
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.