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AMAX vs HYHG

Adaptive Hedged Multi-Asset Income ETF vs ProShares High Yield—Interest Rate Hedged

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

HYHG

ProShares High Yield—Interest Rate Hedged

ProShares

Annual cost

0.50%

Fund size

$168M

Key differences

  • HYHG costs 0.86% less per year.
  • AMAX is classified as alternative, while HYHG is fixed income — different risk/return profiles.
  • AMAX follows a option income strategy; HYHG uses index tracking.
  • Over the last 3 years, HYHG has delivered higher annualized returns.

Side-by-side comparison

AMAXHYHG
Annual cost (TER)1.36%0.50%
Fund size (AUM)$60M$168M
Since20092013
Dividend yield10.63%6.83%
Asset classalternativefixed income
Region
Strategyoption incomeindex tracking
CAGR 1Y+11.8%+8.5%
CAGR 3Y+9.4%+10.5%
CAGR 5YN/A+7.1%
Sharpe 3Y0.590.97
Volatility 1Y9.98%5.57%
Max drawdown-16.25%-25.72%

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

Similar to AMAX and HYHG