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MAPP vs AMAX

Harbor Multi-Asset Explorer ETF vs Adaptive Hedged Multi-Asset Income ETF

MAPP

Harbor Multi-Asset Explorer ETF

Harbor Capital Advisors Inc

Annual cost

0.80%

Fund size

$11M

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

Key differences

  • MAPP costs 0.56% less per year.
  • AMAX is significantly larger than MAPP — larger funds tend to be more liquid and less likely to close.
  • MAPP is classified as mixed asset, while AMAX is alternative — different risk/return profiles.
  • MAPP 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

MAPPAMAX
Annual cost (TER)0.80%1.36%
Fund size (AUM)$11M$60M
Since20232009
Dividend yield2.83%10.63%
Asset classmixed assetalternative
Region
Strategyactive selectionoption income
CAGR 1Y+21.6%+11.8%
CAGR 3YN/A+9.4%
CAGR 5YN/AN/A
Sharpe 3YN/A0.59
Volatility 1Y8.97%9.98%
Max drawdown-12.92%-16.25%

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

Similar to MAPP and AMAX