Skip to content
Beacon
Screener

KAT vs AMAX

Scharf ETF vs Adaptive Hedged Multi-Asset Income ETF

KAT

Scharf ETF

Scharf Investments

Annual cost

0.75%

Fund size

$688M

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

Key differences

  • KAT costs 0.61% less per year.
  • KAT is significantly larger than AMAX — larger funds tend to be more liquid and less likely to close.
  • KAT is classified as equity, while AMAX is alternative — different risk/return profiles.
  • KAT follows a active selection strategy; AMAX uses option income.

Side-by-side comparison

KATAMAX
Annual cost (TER)0.75%1.36%
Fund size (AUM)$688M$60M
Since20112009
Dividend yield0.39%10.63%
Asset classequityalternative
Region
Strategyactive selectionoption income
CAGR 1YN/A+11.8%
CAGR 3YN/A+9.4%
CAGR 5YN/AN/A
Sharpe 3YN/A0.59
Volatility 1Y9.98%
Max drawdown-9.25%-16.25%

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

Similar to KAT and AMAX