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AMAX vs CGSD

Adaptive Hedged Multi-Asset Income ETF vs Capital Group Short Duration Income ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

CGSD

Capital Group Short Duration Income ETF

Capital Group

Annual cost

0.25%

Fund size

$2.2B

Key differences

  • CGSD costs 1.11% less per year.
  • CGSD is significantly larger than AMAX — larger funds tend to be more liquid and less likely to close.
  • AMAX is classified as alternative, while CGSD is fixed income — different risk/return profiles.
  • AMAX follows a option income strategy; CGSD uses active selection.
  • Over the last 3 years, AMAX has delivered higher annualized returns.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AMAXCGSD
Annual cost (TER)1.36%0.25%
Fund size (AUM)$60M$2.2B
Since20092022
Dividend yield10.63%4.48%
Asset classalternativefixed income
Regionnorth america
Strategyoption incomeactive selection
CAGR 1Y+11.8%+4.4%
CAGR 3Y+9.4%+5.0%
CAGR 5YN/AN/A
Sharpe 3Y0.590.70
Volatility 1Y9.98%1.46%
Max drawdown-16.25%-1.75%

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

Similar to AMAX and CGSD