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AMAX vs YYYM

Adaptive Hedged Multi-Asset Income ETF vs Amplify Municipal CEF High Income ETF

AMAX

Adaptive Hedged Multi-Asset Income ETF

Annual cost

1.36%

Fund size

$64M

YYYM

Amplify Municipal CEF High Income ETF

Annual cost

2.78%

Fund size

$0.8M

Key differences

AMAX is an alternative ETF, while YYYM is a fixed income ETF. AMAX charges 1.36% a year and YYYM 2.78%.

  • AMAX is an alternative fund, while YYYM is a fixed income fund. They carry different risk/return profiles.
  • AMAX follows a option income strategy; YYYM uses index tracking.
  • AMAX costs 1.42% less per year.
  • AMAX is much larger than YYYM. 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

AMAXYYYM
Annual cost (TER)1.36%2.78%
Fund size (AUM)$64M$0.8M
Since20092026
Dividend yield10.96%
Asset classalternativefixed income
Regionnorth america
Strategyoption incomeindex tracking
CAGR 1Y+7.6%N/A
CAGR 3Y+7.9%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.45N/A
Volatility 1Y10.26%
Max drawdown-16.25%-5.25%

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

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