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RAAX vs AMAX

VanEck Real Assets ETF vs Adaptive Hedged Multi-Asset Income ETF

RAAX

VanEck Real Assets ETF

VanEck

Annual cost

0.69%

Fund size

$905M

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

Key differences

  • RAAX costs 0.67% less per year.
  • RAAX is significantly larger than AMAX — larger funds tend to be more liquid and less likely to close.
  • RAAX follows a active selection strategy; AMAX uses option income.
  • Over the last 3 years, RAAX has delivered higher annualized returns.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

RAAXAMAX
Annual cost (TER)0.69%1.36%
Fund size (AUM)$905M$60M
Since20182009
Dividend yield1.93%10.63%
Asset classalternativealternative
Region
Strategyactive selectionoption income
CAGR 1Y+37.4%+12.5%
CAGR 3Y+21.7%+9.4%
CAGR 5Y+14.2%N/A
Sharpe 3Y1.230.60
Volatility 1Y13.64%10.01%
Max drawdown-33.91%-16.25%

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

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