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AMAX vs LQDH

Adaptive Hedged Multi-Asset Income ETF vs iShares Interest Rate Hedged Corporate Bond ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

LQDH

iShares Interest Rate Hedged Corporate Bond ETF

iShares

Annual cost

0.24%

Fund size

$506M

Key differences

  • LQDH costs 1.12% less per year.
  • LQDH is significantly larger than AMAX — larger funds tend to be more liquid and less likely to close.
  • AMAX is classified as alternative, while LQDH is fixed income — different risk/return profiles.
  • AMAX follows a option income strategy; LQDH uses index tracking.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AMAXLQDH
Annual cost (TER)1.36%0.24%
Fund size (AUM)$60M$506M
Since20092014
Dividend yield10.63%6.11%
Asset classalternativefixed income
Regionnorth america
Strategyoption incomeindex tracking
CAGR 1Y+11.8%+8.5%
CAGR 3Y+9.4%+8.6%
CAGR 5YN/A+5.3%
Sharpe 3Y0.591.38
Volatility 1Y9.98%2.73%
Max drawdown-16.25%-24.63%

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

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