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AMAX vs SHYM

Adaptive Hedged Multi-Asset Income ETF vs BlackRock ETF Trust II - iShares Short Duration High Yield Muni Active ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

SHYM

BlackRock ETF Trust II - iShares Short Duration High Yield Muni Active ETF

Annual cost

Fund size

Key differences

  • AMAX is classified as alternative, while SHYM is fixed income — different risk/return profiles.
  • AMAX follows a option income strategy; SHYM uses index tracking.
  • Over the last 3 years, AMAX has delivered higher annualized returns.

Side-by-side comparison

AMAXSHYM
Annual cost (TER)1.36%
Fund size (AUM)$60M
Since2009
Dividend yield10.63%
Asset classalternativefixed income
Regionnorth america
Strategyoption incomeindex tracking
CAGR 1Y+11.8%+4.4%
CAGR 3Y+9.4%+5.7%
CAGR 5YN/A+1.2%
Sharpe 3Y0.590.34
Volatility 1Y9.98%3.14%
Max drawdown-16.25%-22.55%

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

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