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AMAX vs CAM

Adaptive Hedged Multi-Asset Income ETF vs AB California Intermediate Municipal ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

CAM

AB California Intermediate Municipal ETF

AllianceBernstein

Annual cost

0.27%

Fund size

$1.1B

Key differences

  • CAM costs 1.09% less per year.
  • CAM is significantly larger than AMAX — larger funds tend to be more liquid and less likely to close.
  • AMAX is classified as alternative, while CAM is fixed income — different risk/return profiles.
  • AMAX follows a option income strategy; CAM uses active selection.
  • CAM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AMAXCAM
Annual cost (TER)1.36%0.27%
Fund size (AUM)$60M$1.1B
Since20091990
Dividend yield10.63%3.05%
Asset classalternativefixed income
Regionnorth america
Strategyoption incomeactive selection
CAGR 1Y+11.8%N/A
CAGR 3Y+9.4%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.59N/A
Volatility 1Y9.98%
Max drawdown-16.25%-2.19%

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

Similar to AMAX and CAM