Performance analysis of AMAX (ADAPTIVE HEDGED MULTI-ASSET INCOME ETF)
Annual Return
Over the past 3 years, AMAX has had an average annual return of +9.27%, underperforming the benchmark SPY, which returned +22.77% annual.
Since Nov 15, 2021, AMAX has had an average annual return of +3.99%, underperforming the benchmark SPY, which returned +12.79% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +4.99% | +11.39% | +9.64% | +6.74% | -12.55% | -0.20% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.13% | +2.19% | -4.93% | +3.55% | +1.52% | -0.32% | +4.99% | ||||||
| 2025 | +2.93% | -2.82% | -2.84% | +2.56% | +3.37% | +2.42% | +1.09% | +1.45% | +4.13% | +0.22% | -1.11% | -0.28% | +11.39% |
| 2024 | +0.92% | +2.53% | +3.57% | -2.82% | +2.41% | -0.13% | +2.16% | +0.71% | +2.06% | -0.58% | -0.17% | -1.23% | +9.64% |
| 2023 | +4.88% | -2.26% | +0.51% | +1.15% | +0.07% | +1.16% | +0.41% | -1.04% | -4.74% | -1.49% | +4.94% | +3.40% | +6.74% |
| 2022 | -3.82% | +0.97% | +0.54% | -3.90% | -1.57% | -1.89% | +2.38% | -4.33% | -4.91% | +3.37% | +2.08% | -1.79% | -12.55% |
| 2021 | -2.66% | +2.53% | -0.20% |
Drawdown analysis of AMAX (ADAPTIVE HEDGED MULTI-ASSET INCOME ETF)
The maximum drawdown for the AMAX was -16.26%, occurring on Oct 14, 2022. Recovery took 367 trading sessions.
The current AMAX drawdown is -1.80%.
Since Nov 15, 2021 AMAX has experienced the following drawdowns:
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.26% | Nov 17, 2021 | 228 | Oct 14, 2022 | 367 | Apr 3, 2024 | 595 |
| -9.26% | Feb 19, 2025 | 33 | Apr 7, 2025 | 26 | May 14, 2025 | 59 |
| -7.52% | Jan 28, 2026 | 42 | Mar 30, 2026 | 28 | May 8, 2026 | 70 |
| -5.72% | Jul 17, 2024 | 13 | Aug 5, 2024 | 10 | Aug 19, 2024 | 23 |
| -5.39% | Oct 20, 2025 | 24 | Nov 21, 2025 | 40 | Jan 22, 2026 | 64 |
| -3.53% | Apr 3, 2024 | 12 | Apr 19, 2024 | 21 | May 20, 2024 | 33 |
| -2.96% | Dec 11, 2024 | 20 | Jan 13, 2025 | 6 | Jan 22, 2025 | 26 |
| -2.34% | May 11, 2026 | 9 | May 22, 2026 | Ongoing | Ongoing | Ongoing |
| -2.23% | Nov 8, 2024 | 5 | Nov 15, 2024 | 17 | Dec 11, 2024 | 22 |
| -2.02% | Jan 31, 2025 | 2 | Feb 4, 2025 | 10 | Feb 19, 2025 | 12 |
| -2.00% | Jan 22, 2025 | 5 | Jan 29, 2025 | 2 | Jan 31, 2025 | 7 |
| -1.89% | Jun 13, 2025 | 4 | Jun 20, 2025 | 8 | Jul 2, 2025 | 12 |
| -1.69% | May 20, 2025 | 7 | May 30, 2025 | 5 | Jun 6, 2025 | 12 |
| -1.62% | May 20, 2024 | 7 | May 30, 2024 | 12 | Jun 17, 2024 | 19 |
| -1.62% | Jun 20, 2024 | 6 | Jun 28, 2024 | 6 | Jul 9, 2024 | 12 |
| -1.60% | Oct 11, 2024 | 8 | Oct 23, 2024 | 12 | Nov 8, 2024 | 20 |
| -1.33% | Sep 23, 2025 | 2 | Sep 25, 2025 | 3 | Sep 30, 2025 | 5 |
| -1.19% | Jul 22, 2025 | 8 | Aug 1, 2025 | 3 | Aug 6, 2025 | 11 |
| -1.12% | Aug 23, 2024 | 5 | Aug 30, 2024 | 10 | Sep 16, 2024 | 15 |
| -1.05% | Aug 13, 2025 | 4 | Aug 19, 2025 | 3 | Aug 22, 2025 | 7 |
| -1.00% | Oct 8, 2025 | 1 | Oct 9, 2025 | 2 | Oct 13, 2025 | 3 |
| -0.84% | Sep 17, 2024 | 1 | Sep 18, 2024 | 1 | Sep 19, 2024 | 2 |
| -0.84% | Oct 16, 2025 | 1 | Oct 17, 2025 | 1 | Oct 20, 2025 | 2 |
| -0.76% | Aug 20, 2024 | 2 | Aug 22, 2024 | 1 | Aug 23, 2024 | 3 |
| -0.75% | Sep 24, 2024 | 1 | Sep 25, 2024 | 12 | Oct 11, 2024 | 13 |