Skip to Content

RH Hedged Multi-Asset Income ETF

AMAX
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 15 2021
Expense Ratio
1.13%
Type
Global Diversified
Fund Owner
ADAPTIVE INVESTMENTS
Volume (1m avg. daily)
$136,138
AUM
$43,205,784
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Dividend
No
Prospectus

Top 10 Holdings

XYLD
Global X Funds - Global X S&P 500 Covered Call ETF
22.08%
QYLD
Global X Funds - Global X NASDAQ 100 Covered Call ETF
21.59%
TLT
BlackRock Institutional Trust Company N.A. - iShares 20+ Year Treasury Bond ETF
20.81%
GLD
SSgA Active Trust - SPDR Gold Shares ETF
20.45%
RYLD
Global X Funds - Global X Russell 2000 Covered Call ETF
4.45%
MLPA
Global X Funds - Global X MLP ETF
3.15%
IEO
BlackRock Institutional Trust Company N.A. - iShares U.S. Oil & Gas Exploration & Production ETF
2.22%
NS
NUSTAR ENERGY LP
1.17%
DMLP
DORCHESTER MINERALS LP
1.14%
USAC
USA COMPRESSION PARTNERS LP
1.11%
Invest with AMAX

What is AMAX?

The Advisor seeks to achieve the Fund s investment objective of total return by investing in other investment companies, including mutual funds and exchange-traded funds that are registered under the Investment Company Act of 1940, as amended (the "1940 Act ) and not affiliated with the Fund ( Portfolio Funds ) or by making direct investments. The Fund s portfolio will consist of a mix of direct and indirect investments through Portfolio Funds and each may be all of the Fund s portfolio or none of the Fund s portfolio at any given time. The Fund s fixed income investments, both direct and indirect through Portfolio Funds, may include mortgage backed securities, asset backed securities, commercial mortgage backed securities, non-agency mortgage backed securities, corporate investment grade securities, convertible securities, high yield-high risk bonds (commonly known as junk bonds ), securities issued or guaranteed by certain U.S. Government agencies, instrumentalities and sponsored enterprises, exchange traded notes ( ETNs ) and global debt securities. The Fund s equity investments, both direct and indirect through Portfolio Funds, may include dividend paying equity securities, real estate investment trusts ( REITs ), and preferred securities. The Fund s equity investments will not be limited by sector criteria or market capitalization.

ETFs related toAMAX

ETFs correlated to AMAX include GJAN, GDEF, INC

AMAX
Starboard Investment Trust - RH Hedged Multi-Asset Income ETF
GJAN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
GDEF
Goldman Sachs ETF Trust - Goldman Sachs Defensive Equity ETF
INC
VanEck ETF Trust - VanEck Dynamic High Income ETF
RYLG
Global X Funds - Global X Russell 2000 Covered Call & Growth ETF
XUSP
Innovator ETFs Trust - Innovator Uncapped Accelerated U.S. Equity ETF
UPWD
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Social Advancement ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
EMPW
Emerge ETF Trust - Emerge EMPWR Unified Sustainable Equity ETF
XSEP
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September
NVBT
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer10 Nov ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.