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AMAX vs RAAX

Adaptive Hedged Multi-Asset Income ETF vs VanEck Real Assets ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

RAAX

VanEck Real Assets ETF

VanEck

Annual cost

0.69%

Fund size

$905M

Key differences

  • RAAX costs 0.67% less per year.
  • RAAX is significantly larger than AMAX — larger funds tend to be more liquid and less likely to close.
  • AMAX follows a option income strategy; RAAX uses active selection.
  • Over the last 3 years, RAAX has delivered higher annualized returns.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AMAXRAAX
Annual cost (TER)1.36%0.69%
Fund size (AUM)$60M$905M
Since20092018
Dividend yield10.63%1.93%
Asset classalternativealternative
Region
Strategyoption incomeactive selection
CAGR 1Y+12.5%+37.4%
CAGR 3Y+9.4%+21.7%
CAGR 5YN/A+14.2%
Sharpe 3Y0.601.23
Volatility 1Y10.01%13.64%
Max drawdown-16.25%-33.91%

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

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