Screener
AMAX vs GDMA
Adaptive Hedged Multi-Asset Income ETF vs Gadsden Dynamic Multi-Asset ETF
Key differences
Both AMAX and GDMA are alternative ETFs. AMAX charges 1.36% a year and GDMA 0.75%. The main difference: AMAX follows a option income strategy; GDMA uses multi strategy.
- AMAX follows a option income strategy; GDMA uses multi strategy.
- GDMA costs 0.61% less per year.
- GDMA is much larger than AMAX. Larger funds are usually more liquid and less likely to close.
- Over the last three years, GDMA has delivered higher annualized returns.
- AMAX has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| AMAX | GDMA | |
|---|---|---|
| Annual cost (TER) | 1.36% | 0.75% |
| Fund size (AUM) | $64M | $204M |
| Since | 2009 | 2018 |
| Dividend yield | 10.96% | 2.59% |
| Asset class | alternative | alternative |
| Region | — | — |
| Strategy | option income | multi strategy |
| CAGR 1Y | +8.9% | +28.3% |
| CAGR 3Y | +8.3% | +16.3% |
| CAGR 5Y | N/A | +7.3% |
| Sharpe 3Y | 0.49 | 1.16 |
| Volatility 1Y | 10.31% | 14.39% |
| Max drawdown | -16.25% | -16.66% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.