Skip to content
Beacon
Screener

AMAX vs HYFI

Adaptive Hedged Multi-Asset Income ETF vs AB High Yield ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

HYFI

AB High Yield ETF

AllianceBernstein

Annual cost

0.40%

Fund size

$334M

Key differences

  • HYFI costs 0.96% less per year.
  • HYFI is significantly larger than AMAX — larger funds tend to be more liquid and less likely to close.
  • AMAX is classified as alternative, while HYFI is fixed income — different risk/return profiles.
  • AMAX follows a option income strategy; HYFI uses active selection.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AMAXHYFI
Annual cost (TER)1.36%0.40%
Fund size (AUM)$60M$334M
Since20092016
Dividend yield10.63%6.79%
Asset classalternativefixed income
Regionnorth america
Strategyoption incomeactive selection
CAGR 1Y+11.8%+8.7%
CAGR 3Y+9.4%+9.3%
CAGR 5YN/AN/A
Sharpe 3Y0.591.02
Volatility 1Y9.98%3.98%
Max drawdown-16.25%-6.34%

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

Similar to AMAX and HYFI