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AMAX vs LALT

Adaptive Hedged Multi-Asset Income ETF vs First Trust Multi-Strategy Alternative ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Annual cost

1.36%

Fund size

$64M

LALT

First Trust Multi-Strategy Alternative ETF

Annual cost

1.18%

Fund size

$65M

Key differences

Both AMAX and LALT are alternative ETFs. AMAX charges 1.36% a year and LALT 1.18%. The main difference: AMAX follows a option income strategy; LALT uses multi strategy.

  • AMAX follows a option income strategy; LALT uses multi strategy.
  • LALT costs 0.18% less per year.
  • Over the last three years, LALT has delivered higher annualized returns.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AMAXLALT
Annual cost (TER)1.36%1.18%
Fund size (AUM)$64M$65M
Since20092023
Dividend yield10.96%3.68%
Asset classalternativealternative
Region
Strategyoption incomemulti strategy
CAGR 1Y+8.9%+19.2%
CAGR 3Y+8.3%+10.1%
CAGR 5YN/AN/A
Sharpe 3Y0.491.04
Volatility 1Y10.31%7.01%
Max drawdown-16.25%-6.96%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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