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CVY vs AMAX

Invesco Zacks Multi-Asset Income ETF vs Adaptive Hedged Multi-Asset Income ETF

CVY

Invesco Zacks Multi-Asset Income ETF

Invesco

Annual cost

1.21%

Fund size

$119M

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

Key differences

  • CVY costs 0.15% less per year.
  • CVY is classified as mixed asset, while AMAX is alternative — different risk/return profiles.
  • CVY follows a active selection strategy; AMAX uses option income.
  • Over the last 3 years, CVY has delivered higher annualized returns.

Side-by-side comparison

CVYAMAX
Annual cost (TER)1.21%1.36%
Fund size (AUM)$119M$60M
Since20062009
Dividend yield3.74%10.63%
Asset classmixed assetalternative
Regionglobal
Strategyactive selectionoption income
CAGR 1Y+20.4%+11.8%
CAGR 3Y+16.2%+9.4%
CAGR 5Y+7.2%N/A
Sharpe 3Y0.880.59
Volatility 1Y11.04%9.98%
Max drawdown-50.47%-16.25%

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

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