Adaptive Hedged Multi-Asset Income ETF (AMAX)
- Expense ratio1.28%
- Net assets$77.9M
- Dividend yield12.14%
- 1-year return-0.90%
- Holdings9
AMAX ETF price chart
AMAX quote & trading statistics
AMAX performance
Annual returns & drawdowns →- YTD+1.54%
- 1 year-0.90%
- 3 years+10.59%/yr
- 5 years+3.24%/yr
- 10 years+3.09%/yr
- 1Y volatility
- 9.90%
- 3Y volatility
- 8.28%
- 3Y Sharpe ratio
- 0.69
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
AMAX top 9 holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | TLT | iShares Trust - iShares 20+ Year Treasury Bond ETF | 21.65% |
| 2 | SPY | SPDR S&P 500 ETF Trust | 14.58% |
| 3 | IGLD | FT Cboe Vest Gold Target Income ETF | 13.35% |
| 4 | MSTR | MicroStrategy Incorporated | 12.32% |
| 5 | IBIT | iShares Bitcoin Trust | 7.03% |
| 6 | SPYG | SPDR Portfolio S&P 500 Growth ETF | 5.76% |
| 7 | YMAG | YieldMax Magnificent 7 Fund of Option Income ETFs | 4.57% |
| 8 | GDX | VanEck Gold Miners ETF | 4.05% |
| 9 | USOI | Credit Suisse X-Links Crude Oil Shares Covered Call ETN | 3.53% |
The top 9 holdings make up 86.8% of the fund (9 holdings in total). As of October 24, 2026.
AMAX bond portfolio
Rate scenarios & peers →- Yield to maturity
- 4.72%
- Effective duration
- 14.19 yrs
- Average maturity
- 26.9 yrs
- Average coupon
- 3.57%
A one-percentage-point rise in interest rates would lower the price by about 14.2%.
About Adaptive Hedged Multi-Asset Income ETF
As an actively managed exchange-traded fund ("ETF"), the fund will not seek to replicate the performance of an index. The Advisor seeks to achieve the fund"s investment objective of total return by investing in other investment companies, including mutual funds and exchange-traded funds that are registered under the Investment Company Act of 1940, as amended (the "1940 Act") and not affiliated with the fund ("portfolio funds") or by making direct investments.
AMAX ETF FAQ
What is the AMAX expense ratio?
Adaptive Hedged Multi-Asset Income ETF has a net expense ratio of 1.28%, or $128.00 a year for every $10,000 invested.
How much money is in AMAX?
Adaptive Hedged Multi-Asset Income ETF has about $77.9M in net assets.
What are the top holdings of AMAX?
The largest positions in AMAX are iShares Trust - iShares 20+ Year Treasury Bond ETF (21.65%), SPDR S&P 500 ETF Trust (14.58%), FT Cboe Vest Gold Target Income ETF (13.35%). The fund holds 9 securities in total.
How has AMAX performed?
AMAX returned -0.90% over the past year and +3.24% a year over the past five years, including reinvested distributions.
Does AMAX pay dividends?
AMAX has a dividend yield of 12.14%.
When was AMAX launched?
Adaptive Hedged Multi-Asset Income ETF began trading on October 2, 2009.