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AMAX vs KAT

Adaptive Hedged Multi-Asset Income ETF vs Scharf ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

KAT

Scharf ETF

Scharf Investments

Annual cost

0.75%

Fund size

$688M

Key differences

  • KAT costs 0.61% less per year.
  • KAT is significantly larger than AMAX — larger funds tend to be more liquid and less likely to close.
  • AMAX is classified as alternative, while KAT is equity — different risk/return profiles.
  • AMAX follows a option income strategy; KAT uses active selection.

Side-by-side comparison

AMAXKAT
Annual cost (TER)1.36%0.75%
Fund size (AUM)$60M$688M
Since20092011
Dividend yield10.63%0.39%
Asset classalternativeequity
Region
Strategyoption incomeactive selection
CAGR 1Y+11.8%N/A
CAGR 3Y+9.4%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.59N/A
Volatility 1Y9.98%
Max drawdown-16.25%-9.25%

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

Similar to AMAX and KAT