AMAX vs YMAG
Adaptive Hedged Multi-Asset Income ETF against YieldMax Magnificent 7 Fund of Option Income ETFs: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
6%
6 shared positions
Fee gap
2 bp
YMAG is cheaper
1-year return gap
16.9 pts
AMAX is ahead
Larger fund
YMAG
$296M
Side by side
| AMAX | YMAG | |
|---|---|---|
| Fund | Adaptive Hedged Multi-Asset Income ETF | YieldMax Magnificent 7 Fund of Option Income ETFs |
| Issuer | Adaptive | YieldMax |
| Category | Multisector Bond | Covered Call |
| Expense ratio | 1.36% | 1.34% |
| Assets | $75M | $296M |
| Average daily dollar volume | $565K | $11M |
| Listed | Oct 2, 2009 | Jan 29, 2024 |
| FrenzyCap score | 15 | 31 |
| 1-month return | −0.5% | +2.3% |
| 3-month return | −0.2% | −2.2% |
| Year to date | −5.5% | −19.6% |
| 1-year return | −10.1% | −27.0% |
| 30-day volatility | 13.0% | 14.3% |
| Worst drawdown, 1 year | −12.4% | −31.4% |
| Trailing 12-month yield | 12.06% | 46.91% |
| Holdings | 21 | 9 |
| Top 10 weight | 80.3% | 100.0% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$16M thru May 2026 | +$11M thru Jul 2026 |
| 30-day implied volatility | — | 39.5% |
| Holdings as of | as of May 31, 2026SEC filing | as of Oct 12, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
6% of AMAX · 85% of YMAG
Sector mix of the stock holdings
| Sector | AMAX | YMAG | Gap |
|---|---|---|---|
| Financials | 7.3% | 0.0% | +7.3% |
More: full overlap table · AMAX holdings · YMAG holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.