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AMAX vs HCOW

Adaptive Hedged Multi-Asset Income ETF vs Amplify COWS Covered Call ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Annual cost

1.36%

Fund size

$64M

HCOW

Amplify COWS Covered Call ETF

Annual cost

0.65%

Fund size

$17M

Key differences

Both AMAX and HCOW are alternative ETFs. AMAX charges 1.36% a year and HCOW 0.65%. The main difference: HCOW costs 0.71% less per year.

  • HCOW costs 0.71% less per year.
  • AMAX is much larger than HCOW. Larger funds are usually more liquid and less likely to close.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AMAXHCOW
Annual cost (TER)1.36%0.65%
Fund size (AUM)$64M$17M
Since20092023
Dividend yield10.96%1.16%
Asset classalternativealternative
Regionnorth america
Strategyoption incomeoption income
CAGR 1Y+7.6%+19.4%
CAGR 3Y+7.9%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.45N/A
Volatility 1Y10.26%13.88%
Max drawdown-16.25%-24.15%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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