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CWS vs AMAX

AdvisorShares Focused Equity ETF vs Adaptive Hedged Multi-Asset Income ETF

CWS

AdvisorShares Focused Equity ETF

Annual cost

0.65%

Fund size

$133M

AMAX

Adaptive Hedged Multi-Asset Income ETF

Annual cost

1.36%

Fund size

$64M

Key differences

CWS is an equity ETF, while AMAX is an alternative ETF. CWS charges 0.65% a year and AMAX 1.36%.

  • CWS is an equity fund, while AMAX is an alternative fund. They carry different risk/return profiles.
  • CWS follows a active selection strategy; AMAX uses option income.
  • CWS costs 0.71% less per year.
  • Over the last three years, CWS has delivered higher annualized returns.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CWSAMAX
Annual cost (TER)0.65%1.36%
Fund size (AUM)$133M$64M
Since20162009
Dividend yield0.31%10.96%
Asset classequityalternative
Regionnorth america
Strategyactive selectionoption income
CAGR 1Y-0.3%+9.1%
CAGR 3Y+11.8%+8.5%
CAGR 5Y+8.2%N/A
Sharpe 3Y0.610.50
Volatility 1Y13.33%10.26%
Max drawdown-33.82%-16.25%

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

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