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YLD vs AMAX

Principal Active High Yield ETF vs Adaptive Hedged Multi-Asset Income ETF

YLD

Principal Active High Yield ETF

Principal Funds

Annual cost

0.39%

Fund size

$524M

AMAX

Adaptive Hedged Multi-Asset Income ETF

Adaptive ETF

Annual cost

1.36%

Fund size

$60M

Key differences

  • YLD costs 0.97% less per year.
  • YLD is significantly larger than AMAX — larger funds tend to be more liquid and less likely to close.
  • YLD follows a multi strategy strategy; AMAX uses option income.
  • AMAX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

YLDAMAX
Annual cost (TER)0.39%1.36%
Fund size (AUM)$524M$60M
Since20152009
Dividend yield7.31%10.63%
Asset classalternativealternative
Regionglobal
Strategymulti strategyoption income
CAGR 1Y+8.3%+12.5%
CAGR 3Y+9.0%+9.4%
CAGR 5Y+5.2%N/A
Sharpe 3Y0.910.60
Volatility 1Y4.34%10.01%
Max drawdown-28.34%-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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