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Adaptive Hedged Multi-Asset Income ETF AMAX

Morningstar Medalist Rating
Medalist Rating as of | See Adaptive ETF Investment Hub

Morningstar’s Analysis AMAX

Will AMAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AMAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AMAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Adaptive Hedged Multi-Asset Income ETF's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AMAX

More AMAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 98.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares 20+ Year Treasury Bond ETF

24.46 4.6 Mil
—

Credit Suisse X-Links Gold Cov Call ETN

21.06 3.9 Mil
—

Invesco QQQ Trust

20.93 3.9 Mil
—

SPDR® S&P 500® ETF Trust

20.06 3.7 Mil
—

iShares Russell 2000 ETF

4.78 890,441
—

United States Oil

4.72 878,009
—

Cash

1.33 246,930
Cash and Equivalents

Alternative Loan Trust 6.5%

0.93 172,863
Securitized

American Home Mortgage Investment Trust 7.75391%

0.65 120,427
Securitized

Fidelity Inv MM Government I

0.63 116,772
Cash and Equivalents