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AMAX vs RULE

Adaptive Hedged Multi-Asset Income ETF vs Adaptive Core ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

RULE

Adaptive Core ETF

Mohrfunds

Annual cost

1.84%

Fund size

$14M

Key differences

  • AMAX costs 0.48% less per year.
  • AMAX is significantly larger than RULE — larger funds tend to be more liquid and less likely to close.
  • AMAX is classified as alternative, while RULE is mixed asset — different risk/return profiles.
  • AMAX follows a option income strategy; RULE uses active selection.
  • Over the last 3 years, RULE has delivered higher annualized returns.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AMAXRULE
Annual cost (TER)1.36%1.84%
Fund size (AUM)$60M$14M
Since20092021
Dividend yield10.63%0.00%
Asset classalternativemixed asset
Region
Strategyoption incomeactive selection
CAGR 1Y+11.8%+41.5%
CAGR 3Y+9.4%+16.7%
CAGR 5YN/AN/A
Sharpe 3Y0.590.81
Volatility 1Y9.98%19.69%
Max drawdown-16.25%-30.48%

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

Similar to AMAX and RULE