RH Hedged Multi-Asset Income ETF (AMAX)
AMAX is an actively managed ETF by Adaptive. AMAX launched on Oct 2, 2009 and has a 1.29% expense ratio.
ETF Info
Oct 2, 2009
Global (Broad)
1x
No Index (Active)
Expense Ratio
AMAX has a high expense ratio of 1.29%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in RH Hedged Multi-Asset Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
RH Hedged Multi-Asset Income ETF had a return of 2.61% year-to-date (YTD) and 10.26% in the last 12 months.
AMAX
2.61%
0.56%
2.35%
10.26%
N/A
N/A
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of AMAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.93% | 2.61% | |||||||||||
| 2024 | 0.93% | 2.54% | 3.58% | -2.83% | 2.41% | -0.14% | 2.16% | 0.70% | 2.06% | -0.57% | -0.17% | -1.23% | 9.65% |
| 2023 | 4.89% | -2.26% | 0.51% | 1.16% | 0.08% | 1.14% | 0.43% | -1.05% | -4.74% | -1.49% | 4.96% | 3.39% | 6.76% |
| 2022 | -3.82% | 0.97% | 0.54% | -3.88% | -1.58% | -1.89% | 2.39% | -4.34% | -4.92% | 3.37% | 2.08% | -1.78% | -12.53% |
| 2021 | -2.66% | 2.53% | -0.19% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AMAX is 48, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for RH Hedged Multi-Asset Income ETF (AMAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
RH Hedged Multi-Asset Income ETF provided a 7.76% dividend yield over the last twelve months, with an annual payout of $0.62 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dividend | $0.62 | $0.57 | $0.54 | $0.86 | $0.10 |
Dividend yield | 7.76% | 7.38% | 7.05% | 11.26% | 1.00% |
Monthly Dividends
The table displays the monthly dividend distributions for RH Hedged Multi-Asset Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.05 | $0.00 | $0.05 | ||||||||||
| 2024 | $0.01 | $0.01 | $0.07 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.57 |
| 2023 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.13 | $0.04 | $0.08 | $0.04 | $0.01 | $0.01 | $0.03 | $0.54 |
| 2022 | $0.11 | $0.08 | $0.06 | $0.11 | $0.09 | $0.08 | $0.08 | $0.07 | $0.07 | $0.04 | $0.05 | $0.04 | $0.86 |
| 2021 | $0.05 | $0.05 | $0.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the RH Hedged Multi-Asset Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the RH Hedged Multi-Asset Income ETF was 16.26%, occurring on Oct 14, 2022. Recovery took 367 trading sessions.
The current RH Hedged Multi-Asset Income ETF drawdown is 0.38%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.26% | Nov 18, 2021 | 228 | Oct 14, 2022 | 367 | Apr 3, 2024 | 595 |
| -5.72% | Jul 18, 2024 | 13 | Aug 5, 2024 | 10 | Aug 19, 2024 | 23 |
| -3.54% | Apr 4, 2024 | 12 | Apr 19, 2024 | 21 | May 20, 2024 | 33 |
| -2.95% | Dec 12, 2024 | 20 | Jan 13, 2025 | 6 | Jan 22, 2025 | 26 |
| -2.23% | Nov 11, 2024 | 5 | Nov 15, 2024 | 17 | Dec 11, 2024 | 22 |
Volatility
Volatility Chart
The current RH Hedged Multi-Asset Income ETF volatility is 3.76%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.