AMAX vs. PHYS.TO
Compare and contrast key facts about RH Hedged Multi-Asset Income ETF (AMAX) and Sprott Physical Gold Trust (PHYS.TO).
AMAX is an actively managed fund by Adaptive. It was launched on Oct 2, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMAX or PHYS.TO.
Correlation
The correlation between AMAX and PHYS.TO is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AMAX vs. PHYS.TO - Performance Comparison
Key characteristics
AMAX:
1.12
PHYS.TO:
3.59
AMAX:
1.59
PHYS.TO:
4.34
AMAX:
1.20
PHYS.TO:
1.62
AMAX:
1.88
PHYS.TO:
6.30
AMAX:
7.18
PHYS.TO:
19.75
AMAX:
1.50%
PHYS.TO:
2.65%
AMAX:
9.60%
PHYS.TO:
14.57%
AMAX:
-16.26%
PHYS.TO:
-27.08%
AMAX:
-0.44%
PHYS.TO:
-1.71%
Returns By Period
In the year-to-date period, AMAX achieves a 2.48% return, which is significantly lower than PHYS.TO's 9.32% return.
AMAX
2.48%
2.68%
2.39%
9.88%
N/A
N/A
PHYS.TO
9.32%
4.97%
19.23%
51.65%
13.20%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
AMAX vs. PHYS.TO — Risk-Adjusted Performance Rank
AMAX
PHYS.TO
AMAX vs. PHYS.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RH Hedged Multi-Asset Income ETF (AMAX) and Sprott Physical Gold Trust (PHYS.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AMAX vs. PHYS.TO - Dividend Comparison
AMAX's dividend yield for the trailing twelve months is around 7.77%, while PHYS.TO has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
AMAX RH Hedged Multi-Asset Income ETF | 7.77% | 7.38% | 7.05% | 11.26% | 1.00% |
PHYS.TO Sprott Physical Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AMAX vs. PHYS.TO - Drawdown Comparison
The maximum AMAX drawdown since its inception was -16.26%, smaller than the maximum PHYS.TO drawdown of -27.08%. Use the drawdown chart below to compare losses from any high point for AMAX and PHYS.TO. For additional features, visit the drawdowns tool.
Volatility
AMAX vs. PHYS.TO - Volatility Comparison
RH Hedged Multi-Asset Income ETF (AMAX) and Sprott Physical Gold Trust (PHYS.TO) have volatilities of 4.34% and 4.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.