Based on available plot summaries and character descriptions for 'The Swordsman' (2020), no identifiable LGBTQ+ characters or themes are present within the film's narrative. Therefore, an evaluation of its portrayal of LGBTQ+ elements is not applicable.

The film 'The Swordsman' does not feature any identifiable transsexual characters or themes. The narrative is a historical action drama centered on a swordsman's fight to protect his daughter amidst political upheaval, with no elements related to transgender identity or experiences.

The film does not feature any female characters who engage in direct physical combat against male opponents. The primary female character, Tae-ok, is a non-combatant and is mostly in need of rescue throughout the story.

The Swordsman (2020) is an original historical action film. Its main characters are not adaptations of pre-existing source material or historical figures with established canonical genders, therefore no gender swaps occur.

The Swordsman (2020) is an original South Korean historical action film. Its characters were created for this specific movie, meaning there is no prior source material or historical record to establish their race before this film's production. Therefore, no race swap occurred.