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IYLD vs AMAX

iShares Morningstar Multi-Asset Income ETF vs Adaptive Hedged Multi-Asset Income ETF

IYLD

iShares Morningstar Multi-Asset Income ETF

iShares

Annual cost

0.50%

Fund size

$129M

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

Key differences

  • IYLD costs 0.86% less per year.
  • IYLD is classified as mixed asset, while AMAX is alternative — different risk/return profiles.
  • IYLD follows a active selection strategy; AMAX uses option income.
  • Over the last 3 years, IYLD has delivered higher annualized returns.

Side-by-side comparison

IYLDAMAX
Annual cost (TER)0.50%1.36%
Fund size (AUM)$129M$60M
Since20122009
Dividend yield4.55%10.63%
Asset classmixed assetalternative
Region
Strategyactive selectionoption income
CAGR 1Y+14.3%+11.8%
CAGR 3Y+10.9%+9.4%
CAGR 5Y+3.6%N/A
Sharpe 3Y1.100.59
Volatility 1Y5.76%9.98%
Max drawdown-30.23%-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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