Adaptive Hedged Multi-Asset Income ETFAMAX

Adaptive ETFsIncomeDividend Stocks#358 of 469 by YTD

$7.29

+1.3% last session

+2.0% YTD

Data as of 11/4/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Nov 3, 2025 – Nov 4, 2026AMAXS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+1.3%	−2.0%	+1.0%	+2.0%	+0.7%	+35.0%	—	+15.9%
Peer average	+1.3%	+1.1%	−0.2%	+11.0%	+13.9%	+63.0%	+52.8%	—
S&P 500 · VOO	+1.6%	−1.6%	0.0%	+13.4%	+13.5%	+91.7%	+81.2%	—

Key Statistics

Open all fund facts →

AUM: $74M
Expense ratio: 1.37%
Distribution yield: 12.4%
NAV: $7.28
Volume: 62K
Avg. volume 30D: 81K
High today: $7.32
Low today: $7.26
Previous close: $7.20
52-week high: $8.50
52-week low: $7.12
Our risk indicator: 3/5

AMAX in One Breath

AMAX Among Dividend Stocks ETFs

YTD

#1AMDYYieldMax+91.2%$425M

#2USOYDefiance+58.0%$78.8M

#3DIVBiShares+38.6%$2.4B

#4SCHDSchwab+35.3%$123B

#5XUDVFranklin Templeton+31.1%$81.3M

#6HDViShares+31.0%$16.4B

#7EASYLiberty One+29.9%$67.5M

#8PEYInvesco+29.4%$1.1B

#257AMAXAdaptive ETFs+2.0%$73.6M

End-of-day Nov 5, 2026 · 324 Dividend stocks ETFs by YTD

$10,000 in AMAX

$10,000 in AMAX became

$11,590

In the S&P 500 (VOO)

$17,591

Total return, dividends in · Nov 15, 2021 – Nov 4, 2026 · S&P 500 uses VOO

AMAX’s Top Holdings

Today

TLTIshares 20 Pls Year Treasury Bnd Etf22.6%SPY19.8%IGLD14.6%MSTR11.9%Cash10.7%IBIT7.4%YMAG4.7%GDX3.8%USOI3.8%

TLTIshares 20 Pls Year Treasury Bnd Etf22.6%SPY19.8%IGLD14.6%MSTR11.9%Cash10.7%IBIT7.4%YMAG4.7%GDX3.8%USOI3.8%A46B3

TechnologyFinancial ServicesOther

Adaptive ETFs AMAX · 16 holdings · top 13 shown · tile size = share of the fund · as of Nov 4, 2026

What AMAX Holds

Today

Technology59.0%

MSTR 11.9

Basic Materials12.0%

[…]

Communication Services6.2%

[…]

Financial Services83.7%

TLT 22.6 · SPY 19.8 · IGLD 14.6 · Cash 10.7 · IBIT 7.4 · YMAG 4.7 · GDX 3.8

Healthcare4.5%

[…]

Consumer Cyclical4.5%

[…]

Industrials3.7%

[…]

Adaptive ETFs AMAX · share of the fund by sector · as of Nov 4, 2026

Ishares’ Share of AMAX

Today

22.6%

$226 of every $1,000 in AMAX is Ishares

Ishares held by AMAX

$16.7M

Most Ishares per dollar

DUKZ29.8%

AMAX22.6%

DRAI21.1%

MAMB12.8%

Adaptive ETFs AMAX · each square = $10 of $1,000 · as of Nov 4, 2026

AMAX’s Share of Dividend Stocks ETFs

Today

0.0%

of the $858B in 402 Dividend stocks ETFs

AMAX$73.6M0.0%

SCHD$123B14.3%

VIG$109B12.7%

399 others$626B72.9%

Dividend stocks ETF AUM · Nov 5, 2026

AMAX Fee per $100 vs Peers

Today

$1.37a year
per $100

$137 a year on $10,000

VIG$0.04

VYM$0.04

SCHD$0.06

DGRO$0.08

CGDV$0.33

AMAX$1.37

Expense ratio · Dividend stocks peers · Nov 5, 2026

Inside AMAX

16 holdings · as of Nov 4, 2026

AMAX

Adaptive Hedged Multi-Asset Income ETF

Today

Technology59.0%MSTR11.9%Basic Materials12.0%Communication Services6.2%Financial Services83.7%TLTIshares 20 PLS Year Treasury BND ETF22.6%SPY19.8%IGLD14.6%Cash10.7%IBIT7.4%YMAG4.7%GDX3.8%Healthcare4.5%Consumer Cyclical4.5%Industrials3.7%Other4.6%USOI

Technology59.0%MSTR11.9%Financial Services83.7%TLT22.6%SPY19.8%IGLD14.6%Cash10.7%IBITYMAG1 moreHealthcare4.5%Consumer Cyclical4.5%Other4.6%USOI

#	Ticker	Company	Weight ▼
1	TLT	Ishares 20 PLS Year Treasury BND ETF	22.63%
2	SPY	SPDR S&P 500 ETF Trust	19.80%
3	IGLD	FT Vest Gold Strt Trgt Incm ETF	14.65%
4	MSTR	Strategy ORD	11.88%
5	Cash	CASH / CASH Equivalents	10.74%
6	IBIT	iShares Bitcoin Trus	7.43%
7	YMAG	Yieldmax Magft 7 FND OPT Incm ETF	4.65%
8	GDX	Vaneck Gold Miners ETF	3.85%
9	USOI	UBS AG Etracs CD OL CR CL ETN	3.79%
10	A46B393C	Mstr 261127p00120000	0.36%

TechnologyBasic MaterialsCommunication ServicesFinancial ServicesHealthcareConsumer CyclicalIndustrialsConsumer DefensiveEnergyUtilitiesReal EstateOther

Adaptive ETFs AMAX · current holdings by weight · as of Nov 4, 2026 · each tile is one holding

How It Compares

AMAX

Adaptive Hedged Multi-Asset Income ETF’s Peers

YTD


SCHD	SchwabRead Desk	0.06%	+35.3%	+41.6%	$122.9B
VIG	VanguardRead Desk	0.04%	+16.4%	+18.9%	$109.1B
VYM	VanguardRead Desk	0.04%	+17.2%	+21.2%	$78.9B
DGRO	iSharesRead Desk	0.08%	+20.6%	+24.5%	$46.1B
CGDV	Capital GroupRead Desk	0.33%	+14.6%	+17.5%	$39.0B
AMAX	Adaptive ETFsThis fundRead Desk	1.37%	+2.0%	+0.7%	$74M

Dividend stocks peers · YTD and past-year returns · as of Nov 5, 2026 · sorted by AUM

Head to Head

Put AMAX head to head with SCHD →

SCHD vs AMAX

YTD

SCHDSchwab · Dividend stocksAMAXAdaptive ETFs · Dividend stocks

Year to date

+35.3%

+2.0%

SCHD wins+33.3 pts

Past year

+41.6%

+0.7%

SCHD wins+40.9 pts

Fee

0.06%

1.37%

SCHD winslower fee

Yield

2.9%

12.4%

AMAX wins+9.5 pts

AUM

$123B

$73.6M

SCHD1670.0× more

3–1SCHD wins

Schwab SCHD and Adaptive ETFs AMAX · year-to-date · as of Nov 5, 2026 · AUM not scored

AMAX vs VOO

YTD

AMAX · Adaptive Hedged Multi-Asset Income

+2.0%

VOO · S&P 500

+13.4%

Gap

11.4 pts

Adaptive ETFs AMAX and Vanguard VOO · YTD total return · as of Nov 5, 2026

AMAX vs Its Peer Average

YTD

AMAXAvsBPeer average

1D+1.3%+1.3%

1M−2.0%+1.1%

3M+1.0%−0.2%

YTD+2.0%+11.0%

1Y+0.7%+13.9%

3Y+35.0%+63.0%

5Y[…]+52.8%

1–5Peer average wins

401 Dividend stocks peers · each row scaled to its leader

The Details

AMAX

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y12.42%

Deepest drop · 1Y−7.6%

Lowest point · 5Y−13.8%

52-week range

$7.29

$7.12−14.2% from the high$8.50

Adaptive ETFs AMAX · past-year price moves · as of Nov 5, 2026

AMAX

Fund Facts

Today

2009launched Oct 2

Tracks[…]

Exchange · CUSIPAMEX · 85521B783

StructureETF

Leverage1x

Cost on $10,000$137 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

Adaptive ETFs AMAX · fund facts · as of Nov 5, 2026

AMAX

Payouts by Year

$0.0735per share, Oct 2026

Distribution yield12.4%

PaidEvery month

Latest ex-date · paidOct 29 · Oct 30, 2026

12 payouts added up$0.91 a share

Adaptive ETFs AMAX · distributions by ex-date · 2021–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$7.28

Premium / discount[…]

Median spread · 30D[…]

Volume today62K

Average volume · 30D81K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio1.37%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$137.00

Our risk indicator3/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Oct 29, 2026	Oct 30, 2026	$0.0735
Sep 29, 2026	Sep 30, 2026	$0.0757
Aug 28, 2026	Aug 31, 2026	$0.0754
Jul 30, 2026	Jul 31, 2026	$0.0743
Jun 29, 2026	Jun 30, 2026	$0.0760
May 28, 2026	May 29, 2026	$0.0789
Apr 29, 2026	Apr 30, 2026	$0.0770
Mar 30, 2026	Mar 31, 2026	$0.0769
Feb 26, 2026	Feb 27, 2026	$0.0816
Jan 29, 2026	Jan 30, 2026	$0.0839
Dec 30, 2025	Dec 31, 2025	$0.0675
Nov 26, 2025	Nov 28, 2025	$0.0651

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