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PPI vs AMAX

Astoria Real Asset ETF vs Adaptive Hedged Multi-Asset Income ETF

PPI

Astoria Real Asset ETF

AXS

Annual cost

0.58%

Fund size

$159M

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

Key differences

  • PPI costs 0.78% less per year.
  • PPI follows a active selection strategy; AMAX uses option income.
  • Over the last 3 years, PPI has delivered higher annualized returns.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PPIAMAX
Annual cost (TER)0.58%1.36%
Fund size (AUM)$159M$60M
Since20212009
Dividend yield1.00%10.63%
Asset classalternativealternative
Regionnorth america
Strategyactive selectionoption income
CAGR 1Y+42.7%+12.5%
CAGR 3Y+22.7%+9.4%
CAGR 5YN/AN/A
Sharpe 3Y1.110.60
Volatility 1Y15.78%10.01%
Max drawdown-24.54%-16.25%

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

Similar to PPI and AMAX