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AMAX vs VMSB

Adaptive Hedged Multi-Asset Income ETF vs Voya Multi-Sector Income ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

VMSB

Voya Multi-Sector Income ETF

Voya

Annual cost

0.45%

Fund size

$309M

Key differences

  • VMSB costs 0.91% less per year.
  • VMSB is significantly larger than AMAX — larger funds tend to be more liquid and less likely to close.
  • AMAX follows a option income strategy; VMSB uses multi strategy.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AMAXVMSB
Annual cost (TER)1.36%0.45%
Fund size (AUM)$60M$309M
Since20092025
Dividend yield10.63%
Asset classalternativealternative
Region
Strategyoption incomemulti strategy
CAGR 1Y+12.5%N/A
CAGR 3Y+9.4%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.60N/A
Volatility 1Y10.01%
Max drawdown-16.25%-2.57%

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

Similar to AMAX and VMSB