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ONOF vs AMAX

Global X Adaptive U.S. Risk Management ETF vs Adaptive Hedged Multi-Asset Income ETF

ONOF

Global X Adaptive U.S. Risk Management ETF

Global X Funds

Annual cost

0.39%

Fund size

$148M

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

Key differences

  • ONOF costs 0.97% less per year.
  • ONOF is classified as mixed asset, while AMAX is alternative — different risk/return profiles.
  • ONOF follows a active selection strategy; AMAX uses option income.
  • Over the last 3 years, ONOF has delivered higher annualized returns.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ONOFAMAX
Annual cost (TER)0.39%1.36%
Fund size (AUM)$148M$60M
Since20212009
Dividend yield1.35%10.63%
Asset classmixed assetalternative
Regionnorth america
Strategyactive selectionoption income
CAGR 1Y+24.8%+11.8%
CAGR 3Y+14.5%+9.4%
CAGR 5Y+9.5%N/A
Sharpe 3Y0.780.59
Volatility 1Y11.43%9.98%
Max drawdown-26.21%-16.25%

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

Similar to ONOF and AMAX