Screener
MDIV vs AMAX
Multi-Asset Diversified Income Index Fund vs Adaptive Hedged Multi-Asset Income ETF
Key differences
- MDIV costs 0.65% less per year.
- MDIV is significantly larger than AMAX — larger funds tend to be more liquid and less likely to close.
- MDIV is classified as mixed asset, while AMAX is alternative — different risk/return profiles.
- MDIV follows a index tracking strategy; AMAX uses option income.
- Over the last 3 years, MDIV has delivered higher annualized returns.
Side-by-side comparison
| MDIV | AMAX | |
|---|---|---|
| Annual cost (TER) | 0.71% | 1.36% |
| Fund size (AUM) | $417M | $60M |
| Since | 2012 | 2009 |
| Dividend yield | 6.13% | 10.63% |
| Asset class | mixed asset | alternative |
| Region | — | — |
| Strategy | index tracking | option income |
| CAGR 1Y | +13.4% | +11.8% |
| CAGR 3Y | +12.3% | +9.4% |
| CAGR 5Y | +6.4% | N/A |
| Sharpe 3Y | 0.94 | 0.59 |
| Volatility 1Y | 6.70% | 9.98% |
| Max drawdown | -48.50% | -16.25% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
Similar to MDIV and AMAX
Explore further