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AMAX vs BRHY

Adaptive Hedged Multi-Asset Income ETF vs iShares High Yield Active ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

BRHY

iShares High Yield Active ETF

iShares

Annual cost

0.45%

Fund size

$100M

Key differences

  • BRHY costs 0.91% less per year.
  • AMAX is classified as alternative, while BRHY is fixed income — different risk/return profiles.
  • AMAX follows a option income strategy; BRHY uses index tracking.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AMAXBRHY
Annual cost (TER)1.36%0.45%
Fund size (AUM)$60M$100M
Since20092024
Dividend yield10.63%6.66%
Asset classalternativefixed income
Regionglobal
Strategyoption incomeindex tracking
CAGR 1Y+11.8%+8.9%
CAGR 3Y+9.4%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.59N/A
Volatility 1Y9.98%3.30%
Max drawdown-16.25%-4.42%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to AMAX and BRHY