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XCHG vs AMAX

Ab US Equity ETF vs Adaptive Hedged Multi-Asset Income ETF

XCHG

Ab US Equity ETF

Annual cost

0.50%

Fund size

$702M

AMAX

Adaptive Hedged Multi-Asset Income ETF

Annual cost

1.36%

Fund size

$64M

Key differences

XCHG is an equity ETF, while AMAX is an alternative ETF. XCHG charges 0.50% a year and AMAX 1.36%.

  • XCHG is an equity fund, while AMAX is an alternative fund. They carry different risk/return profiles.
  • XCHG follows a active selection strategy; AMAX uses option income.
  • XCHG costs 0.86% less per year.
  • XCHG is much larger than AMAX. Larger funds are usually more liquid and less likely to close.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

XCHGAMAX
Annual cost (TER)0.50%1.36%
Fund size (AUM)$702M$64M
Since20252009
Dividend yield10.96%
Asset classequityalternative
Regionnorth america
Strategyactive selectionoption income
CAGR 1YN/A+9.1%
CAGR 3YN/A+8.5%
CAGR 5YN/AN/A
Sharpe 3YN/A0.50
Volatility 1Y10.26%
Max drawdown-9.67%-16.25%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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