Skip to content
Beacon
Screener

AMAX vs PFIX

Adaptive Hedged Multi-Asset Income ETF vs Simplify Interest Rate Hedge ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

PFIX

Simplify Interest Rate Hedge ETF

Simplify Asset Management

Annual cost

0.50%

Fund size

$210M

Key differences

  • PFIX costs 0.86% less per year.
  • PFIX is significantly larger than AMAX — larger funds tend to be more liquid and less likely to close.
  • AMAX follows a option income strategy; PFIX uses tactical allocation.
  • Over the last 3 years, PFIX has delivered higher annualized returns.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AMAXPFIX
Annual cost (TER)1.36%0.50%
Fund size (AUM)$60M$210M
Since20092021
Dividend yield10.63%4.58%
Asset classalternativealternative
Regionnorth america
Strategyoption incometactical allocation
CAGR 1Y+11.8%-13.6%
CAGR 3Y+9.4%+18.2%
CAGR 5YN/A+17.7%
Sharpe 3Y0.590.54
Volatility 1Y9.98%30.79%
Max drawdown-16.25%-36.17%

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

Similar to AMAX and PFIX