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AMAX vs IG

Adaptive Hedged Multi-Asset Income ETF vs Principal Investment Grade Corporate ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

IG

Principal Investment Grade Corporate ETF

Principal Funds

Annual cost

0.19%

Fund size

$179M

Key differences

  • IG costs 1.17% less per year.
  • AMAX is classified as alternative, while IG is fixed income — different risk/return profiles.
  • AMAX follows a option income strategy; IG uses active selection.
  • Over the last 3 years, AMAX has delivered higher annualized returns.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AMAXIG
Annual cost (TER)1.36%0.19%
Fund size (AUM)$60M$179M
Since20092018
Dividend yield10.63%5.06%
Asset classalternativefixed income
Region
Strategyoption incomeactive selection
CAGR 1Y+11.8%+7.0%
CAGR 3Y+9.4%+5.1%
CAGR 5YN/A+0.2%
Sharpe 3Y0.590.27
Volatility 1Y9.98%4.81%
Max drawdown-16.25%-23.17%

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

Similar to AMAX and IG