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AMAX vs IGHG

Adaptive Hedged Multi-Asset Income ETF vs ProShares Investment Grade—Interest Rate Hedged

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

IGHG

ProShares Investment Grade—Interest Rate Hedged

ProShares

Annual cost

0.30%

Fund size

$276M

Key differences

  • IGHG costs 1.06% less per year.
  • IGHG is significantly larger than AMAX — larger funds tend to be more liquid and less likely to close.
  • AMAX follows a option income strategy; IGHG uses tactical allocation.

Side-by-side comparison

AMAXIGHG
Annual cost (TER)1.36%0.30%
Fund size (AUM)$60M$276M
Since20092013
Dividend yield10.63%5.14%
Asset classalternativealternative
Regionnorth america
Strategyoption incometactical allocation
CAGR 1Y+11.8%+6.7%
CAGR 3Y+9.4%+9.1%
CAGR 5YN/A+5.2%
Sharpe 3Y0.591.31
Volatility 1Y9.98%3.50%
Max drawdown-16.25%-25.16%

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

Similar to AMAX and IGHG