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LQ vs AMAX

Simplify Tax Aware Alternatives ETF vs Adaptive Hedged Multi-Asset Income ETF

LQ

Simplify Tax Aware Alternatives ETF

Simplify Asset Management

Annual cost

0.15%

Fund size

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

Key differences

  • LQ costs 1.21% less per year.
  • LQ is classified as equity, while AMAX is alternative — different risk/return profiles.
  • LQ 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

LQAMAX
Annual cost (TER)0.15%1.36%
Fund size (AUM)$60M
Since20262009
Dividend yield10.63%
Asset classequityalternative
Regionglobal
Strategyactive selectionoption income
CAGR 1YN/A+12.5%
CAGR 3YN/A+9.4%
CAGR 5YN/AN/A
Sharpe 3YN/A0.60
Volatility 1Y10.01%
Max drawdown-2.82%-16.25%

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

Similar to LQ and AMAX