Snapshot*
Top 10 Holdings
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.
AMAXPerformance Measures**
for the time period Nov 15, 2021 to Jul 17, 2026
1M Trailing Return: -2.1%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: -3.2%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -16.3%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 10.4%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 0.33
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 0.18
The annualized return divided by the max drawdown for the selected time period.
ETFs related toAMAX
ETFs correlated to AMAX include NTSX, AOM, HNDL
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.
FAQ
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.