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AMAX vs CVY

Adaptive Hedged Multi-Asset Income ETF vs Invesco Zacks Multi-Asset Income ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

CVY

Invesco Zacks Multi-Asset Income ETF

Invesco

Annual cost

1.21%

Fund size

$119M

Key differences

  • CVY costs 0.15% less per year.
  • AMAX is classified as alternative, while CVY is mixed asset — different risk/return profiles.
  • AMAX follows a option income strategy; CVY uses active selection.
  • Over the last 3 years, CVY has delivered higher annualized returns.

Side-by-side comparison

AMAXCVY
Annual cost (TER)1.36%1.21%
Fund size (AUM)$60M$119M
Since20092006
Dividend yield10.63%3.74%
Asset classalternativemixed asset
Regionglobal
Strategyoption incomeactive selection
CAGR 1Y+11.8%+20.4%
CAGR 3Y+9.4%+16.2%
CAGR 5YN/A+7.2%
Sharpe 3Y0.590.88
Volatility 1Y9.98%11.04%
Max drawdown-16.25%-50.47%

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

Similar to AMAX and CVY