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AMAX vs XCHG

Adaptive Hedged Multi-Asset Income ETF vs Ab US Equity ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Annual cost

1.36%

Fund size

$64M

XCHG

Ab US Equity ETF

Annual cost

0.50%

Fund size

$702M

Key differences

AMAX is an alternative ETF, while XCHG is an equity ETF. AMAX charges 1.36% a year and XCHG 0.50%.

  • AMAX is an alternative fund, while XCHG is an equity fund. They carry different risk/return profiles.
  • AMAX follows a option income strategy; XCHG uses active selection.
  • XCHG costs 0.86% less per year.
  • XCHG is much larger than AMAX. Larger funds are usually more liquid and less likely to close.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

AMAXXCHG
Annual cost (TER)1.36%0.50%
Fund size (AUM)$64M$702M
Since20092025
Dividend yield10.96%
Asset classalternativeequity
Regionnorth america
Strategyoption incomeactive selection
CAGR 1Y+9.1%N/A
CAGR 3Y+8.5%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.50N/A
Volatility 1Y10.26%
Max drawdown-16.25%-9.67%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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