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GGM vs AMAX

GGM Macro Alignment ETF vs Adaptive Hedged Multi-Asset Income ETF

GGM

GGM Macro Alignment ETF

GGM ETF

Annual cost

0.94%

Fund size

$18M

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

Key differences

  • GGM costs 0.42% less per year.
  • AMAX is significantly larger than GGM — larger funds tend to be more liquid and less likely to close.
  • GGM is classified as equity, while AMAX is alternative — different risk/return profiles.
  • GGM follows a active selection strategy; AMAX uses option income.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GGMAMAX
Annual cost (TER)0.94%1.36%
Fund size (AUM)$18M$60M
Since20232009
Dividend yield1.48%10.63%
Asset classequityalternative
Regionnorth america
Strategyactive selectionoption income
CAGR 1Y+13.0%+11.8%
CAGR 3YN/A+9.4%
CAGR 5YN/AN/A
Sharpe 3YN/A0.59
Volatility 1Y11.32%9.98%
Max drawdown-19.68%-16.25%

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

Similar to GGM and AMAX