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WZRD vs AMAX

Opportunistic Trader ETF vs Adaptive Hedged Multi-Asset Income ETF

WZRD

Opportunistic Trader ETF

Tuttle Capital Management, LLC

Annual cost

1.00%

Fund size

$4M

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

Key differences

  • WZRD costs 0.36% less per year.
  • AMAX is significantly larger than WZRD — larger funds tend to be more liquid and less likely to close.
  • WZRD follows a structured outcome strategy; AMAX uses option income.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

WZRDAMAX
Annual cost (TER)1.00%1.36%
Fund size (AUM)$4M$60M
Since20252009
Dividend yield10.63%
Asset classalternativealternative
Regionnorth america
Strategystructured outcomeoption income
CAGR 1YN/A+11.8%
CAGR 3YN/A+9.4%
CAGR 5YN/AN/A
Sharpe 3YN/A0.59
Volatility 1Y9.98%
Max drawdown-71.81%-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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