Adaptive Hedged Multi-Asset Income ETFAMAX

Adaptive ETFsIncomeDividend Stocks#367 of 469 by YTD

$7.20

+1.1% last session

+0.7% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Nov 15, 2021 – Nov 3, 2026AMAXS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+1.1%	−3.2%	−1.4%	+0.7%	−0.7%	+33.6%	—	+14.5%
Peer average	−0.2%	+0.1%	−1.6%	+9.4%	+12.1%	+61.7%	+48.9%	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $72M
Expense ratio: 1.37%
Distribution yield: 12.6%
NAV: $7.16
Volume: 364K
Avg. volume 30D: 79K
High today: $7.23
Low today: $7.13
Previous close: $7.12
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+88.6%$409M

#2USOYDefiance+70.9%$78.2M

#3DIVBiShares+35.5%$2.3B

#4SCHDSchwab+32.8%$121B

#5EIPXFirst Trust+30.0%$590M

#6HDViShares+29.3%$16.2B

#7EINCVanEck+28.1%$84.9M

#8XUDVFranklin Templeton+27.9%$79.4M

#263AMAXAdaptive ETFs+0.7%$72.4M

End-of-day Nov 4, 2026 · 324 Dividend stocks ETFs by YTD

$10,000 in AMAX

$10,000 in AMAX became

$11,447

In the S&P 500 (VOO)

$17,311

Total return, dividends in · Nov 15, 2021 – Nov 3, 2026 · S&P 500 uses VOO

AMAX’s Top Holdings

Today

TLTIshares 20 Pls Year Treasury Bnd Etf22.8%SPY19.8%IGLD14.7%MSTR11.5%Cash10.8%IBIT7.3%YMAG4.6%GDX3.9%USOI3.8%A46B302147

TLTIshares 20 Pls Year Treasury Bnd Etf22.8%SPY19.8%IGLD14.7%MSTR11.5%Cash10.8%IBIT7.3%YMAG4.6%GDX3.9%USOI3.8%A46B3

TechnologyFinancial ServicesOther

Adaptive ETFs AMAX · 15 holdings · top 13 shown · tile size = share of the fund · as of Nov 3, 2026

What AMAX Holds

Today

Technology59.0%

MSTR 11.5

Basic Materials12.0%

[…]

Communication Services6.2%

[…]

Financial Services84.0%

TLT 22.8 · SPY 19.8 · IGLD 14.7 · Cash 10.8 · IBIT 7.3 · YMAG 4.6 · GDX 3.9

Healthcare4.5%

[…]

Consumer Cyclical4.5%

[…]

Industrials3.7%

[…]

Adaptive ETFs AMAX · share of the fund by sector · as of Nov 3, 2026

Ishares’ Share of AMAX

Today

22.8%

$228 of every $1,000 in AMAX is Ishares

Ishares held by AMAX

$16.5M

Most Ishares per dollar

DUKZ30.0%

AMAX22.8%

DRAI21.2%

MAMB12.8%

Adaptive ETFs AMAX · each square = $10 of $1,000 · as of Nov 3, 2026

AMAX’s Share of Dividend Stocks ETFs

Today

0.0%

of the $854B in 402 Dividend stocks ETFs

AMAX$72.4M0.0%

SCHD$121B14.2%

VIG$109B12.8%

399 others$623B73.0%

Dividend stocks ETF AUM · Nov 4, 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 4, 2026

Inside AMAX

15 holdings · as of Nov 3, 2026

AMAX

Adaptive Hedged Multi-Asset Income ETF

Today

Technology59.0%MSTR11.5%Basic Materials12.0%Communication Services6.2%Financial Services84.0%TLTIshares 20 PLS Year Treasury BND ETF22.8%SPY19.8%IGLD14.7%Cash10.8%IBIT7.3%YMAG4.6%GDX3.9%Healthcare4.5%Consumer Cyclical4.5%Industrials3.7%Other4.8%USOI

Technology59.0%MSTR11.5%Financial Services84.0%TLT22.8%SPY19.8%IGLD14.7%Cash10.8%IBIT7.3%YMAGHealthcare4.5%Consumer Cyclical4.5%Other4.8%USOI

#	Ticker	Company	Weight ▼
1	TLT	Ishares 20 PLS Year Treasury BND ETF	22.85%
2	SPY	SPDR S&P 500 ETF Trust	19.77%
3	IGLD	FT Vest Gold Strt Trgt Incm ETF	14.68%
4	MSTR	Strategy ORD	11.47%
5	Cash	CASH / CASH Equivalents	10.81%
6	IBIT	iShares Bitcoin Trus	7.32%
7	YMAG	Yieldmax Magft 7 FND OPT Incm ETF	4.62%
8	GDX	Vaneck Gold Miners ETF	3.93%
9	USOI	UBS AG Etracs CD OL CR CL ETN	3.76%
10	A46B393C	Mstr 261127p00120000	0.51%

TechnologyBasic MaterialsCommunication ServicesFinancial ServicesHealthcareConsumer CyclicalIndustrialsConsumer DefensiveEnergyUtilitiesReal EstateOther

Adaptive ETFs AMAX · current holdings by weight · as of Nov 3, 2026 · each tile is one holding

How It Compares

AMAX

Adaptive Hedged Multi-Asset Income ETF’s Peers


SCHD	SchwabRead Desk	0.06%	+37.6%	+32.8%	$121.5B
VIG	VanguardRead Desk	0.04%	+15.9%	+14.0%	$109.1B
VYM	VanguardRead Desk	0.04%	+19.0%	+15.8%	$78.9B
DGRO	iSharesRead Desk	0.08%	+21.0%	+18.0%	$45.1B
CGDV	Capital GroupRead Desk	0.33%	+16.1%	+13.0%	$38.8B
AMAX	Adaptive ETFsThis fundRead Desk	1.37%	−0.7%	+0.7%	$72M

Dividend stocks peers · Past-year and ytd returns · as of Nov 4, 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

+32.8%

+0.7%

SCHD wins+32.1 pts

Past year

+37.6%

−0.7%

SCHD wins+38.3 pts

Fee

0.06%

1.37%

SCHD winslower fee

Yield

3.0%

12.6%

AMAX wins+9.6 pts

AUM

$121B

$72.4M

SCHD1678.5× more

3–1SCHD wins

Schwab SCHD and Adaptive ETFs AMAX · year-to-date · as of Nov 4, 2026 · AUM not scored

AMAX vs VOO

AMAX · Adaptive Hedged Multi-Asset Income

−0.7%

VOO · S&P 500

+11.9%

Gap

12.6 pts

Adaptive ETFs AMAX and Vanguard VOO · 1Y total return · as of Nov 4, 2026

AMAX vs Its Peer Average

YTD

AMAXAvsBPeer average

1D+1.1%−0.2%

1M−3.2%+0.1%

3M−1.4%−1.6%

YTD+0.7%+9.4%

1Y−0.7%+12.1%

3Y+33.6%+61.7%

5Y[…]+48.9%

2–4Peer average wins

401 Dividend stocks peers · each row scaled to its leader

The Details

AMAX

Risk

3/5our risk indicator

CalmerBumpier

Volatility · 1Y12.36%

Deepest drop · 1Y−7.6%

Lowest point · 5Y−14.1%

52-week range

$7.20

$7.12−15.3% from the high$8.50

Adaptive ETFs AMAX · past-year price moves · as of Nov 4, 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 4, 2026

AMAX

Payouts by Year

$0.0735per share, Oct 2026

Distribution yield12.6%

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$7.16

Premium / discount[…]

Median spread · 30D[…]

Volume today364K

Average volume · 30D79K

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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