YMAX.AX vs. CORE.AX
YMAX.AX (Betashares Australian Top 20 Equities Yield Maximiser Complex ETF) and CORE.AX (Schroder Global Core Fund - Active ETF) are both Global Equities funds. Both are actively managed. Over the past year, YMAX.AX returned 1.05% vs 15.14% for CORE.AX. At a 0.33 correlation, their price movements are largely independent.
Performance
YMAX.AX vs. CORE.AX - Performance Comparison
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Returns By Period
In the year-to-date period, YMAX.AX achieves a 1.47% return, which is significantly lower than CORE.AX's 4.95% return.
YMAX.AX
- 1D
- -0.27%
- 1M
- 0.48%
- 6M
- 3.11%
- YTD
- 1.47%
- 1Y
- 1.05%
- 3Y*
- 5.63%
- 5Y*
- 4.53%
- 10Y*
- 5.15%
CORE.AX
- 1D
- -0.25%
- 1M
- 0.93%
- 6M
- 4.67%
- YTD
- 4.95%
- 1Y
- 15.14%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YMAX.AX vs. CORE.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
YMAX.AX Betashares Australian Top 20 Equities Yield Maximiser Complex ETF | 1.47% | 1.41% |
CORE.AX Schroder Global Core Fund - Active ETF | 4.95% | 12.78% |
Correlation
The correlation between YMAX.AX and CORE.AX is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025 | 0.33 |
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Return for Risk
YMAX.AX vs. CORE.AX — Risk / Return Rank
YMAX.AX
CORE.AX
YMAX.AX vs. CORE.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Betashares Australian Top 20 Equities Yield Maximiser Complex ETF (YMAX.AX) and Schroder Global Core Fund - Active ETF (CORE.AX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| YMAX.AX | CORE.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.28 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.23 | 1.68 | -1.46 |
| Martin ratioReturn relative to average drawdown | 0.44 | 4.54 | -4.10 |
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Drawdowns
YMAX.AX vs. CORE.AX - Drawdown Comparison
The maximum YMAX.AX drawdown since its inception was -31.97%, which is greater than CORE.AX's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for YMAX.AX and CORE.AX.
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Drawdown Indicators
| YMAX.AX | CORE.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.97% | -10.20% | -21.77% |
Max Drawdown (1Y)Largest decline over 1 year | -6.80% | -10.20% | +3.40% |
Max Drawdown (3Y)Largest decline over 3 years | -11.90% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -12.73% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.97% | — | — |
Current DrawdownCurrent decline from peak | -2.55% | -1.34% | -1.21% |
Average DrawdownAverage peak-to-trough decline | -5.20% | -2.60% | -2.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.55% | — | — |
Volatility
YMAX.AX vs. CORE.AX - Volatility Comparison
Betashares Australian Top 20 Equities Yield Maximiser Complex ETF (YMAX.AX) has a higher volatility of 2.69% compared to Schroder Global Core Fund - Active ETF (CORE.AX) at 2.12%. This indicates that YMAX.AX's price experiences larger fluctuations and is considered to be riskier than CORE.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| YMAX.AX | CORE.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.69% | 2.12% | +0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 8.80% | 7.39% | +1.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.27% | 12.44% | -1.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.41% | 12.50% | -1.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.69% | 12.50% | +1.19% |
Dividends
YMAX.AX vs. CORE.AX - Dividend Comparison
YMAX.AX's dividend yield for the trailing twelve months is around 4.53%, more than CORE.AX's 0.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CORE.AX Schroder Global Core Fund - Active ETF | 0.68% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YMAX.AX Betashares Australian Top 20 Equities Yield Maximiser Complex ETF | 4.53% | 8.05% | 3.52% | 6.15% | 7.34% | 8.58% | 8.18% | 9.01% | 7.13% | 6.46% | 7.18% | 6.73% |
Frequently Asked Questions
YMAX.AX and CORE.AX have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
They also come from different issuers: BetaShares and Schroder.
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