Adaptive Hedged Multi-Asset Income ETF
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
10.3%
1 yr return
10.6%
3 Yr Avg Return
1.2%
5 Yr Avg Return
N/A
Net Assets
$22.2 M
Holdings in Top 10
99.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.85%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AMAX - Profile
Distributions
- YTD Total Return 10.3%
- 3 Yr Annualized Total Return 1.2%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 8.1%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAdaptive Hedged Multi-Asset Income ETF
-
Fund Family NameAdaptive ETFs
-
Inception DateOct 02, 2009
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerScott Wetherington
Fund Description
AMAX - Performance
Return Ranking - Trailing
Period | AMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.3% | -21.8% | 17.7% | 95.80% |
1 Yr | 10.6% | -26.4% | 18.0% | 39.48% |
3 Yr | 1.2%* | -29.6% | 52.0% | 17.26% |
5 Yr | N/A* | -33.0% | 28.7% | 7.00% |
10 Yr | N/A* | -27.0% | 12.7% | 8.25% |
* Annualized
Return Ranking - Calendar
Period | AMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.5% | -31.8% | 18.4% | N/A |
2022 | -21.0% | -14.3% | 103.5% | N/A |
2021 | N/A | -20.2% | 60.6% | N/A |
2020 | N/A | -13.4% | 10.9% | N/A |
2019 | N/A | -12.3% | 4.1% | N/A |
Total Return Ranking - Trailing
Period | AMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.3% | -21.8% | 28.6% | 97.56% |
1 Yr | 10.6% | -26.4% | 38.5% | 39.86% |
3 Yr | 1.2%* | -29.6% | 52.0% | 17.65% |
5 Yr | N/A* | -33.0% | 29.9% | 7.92% |
10 Yr | N/A* | -27.0% | 16.1% | 8.93% |
* Annualized
Total Return Ranking - Calendar
Period | AMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.7% | -31.8% | 18.4% | N/A |
2022 | -12.5% | -14.3% | 103.5% | N/A |
2021 | N/A | -20.2% | 60.6% | N/A |
2020 | N/A | -13.4% | 10.9% | N/A |
2019 | N/A | -12.3% | 4.7% | N/A |
AMAX - Holdings
Concentration Analysis
AMAX | Category Low | Category High | AMAX % Rank | |
---|---|---|---|---|
Net Assets | 22.2 M | 100 | 124 B | 90.73% |
Number of Holdings | 14 | 2 | 8175 | 94.33% |
Net Assets in Top 10 | 19.2 M | -1.57 B | 20.5 B | 62.24% |
Weighting of Top 10 | 99.93% | 4.3% | 100.0% | 1.81% |
Top 10 Holdings
- ETF 23.54%
- PRIVATE 22.54%
- ETF 21.31%
- ETF 20.57%
- ETF 4.68%
- ETF 4.43%
- CMO 0.85%
- OPTION 0.72%
- MONEYMKT 0.66%
- CMO 0.63%
Asset Allocation
Weighting | Return Low | Return High | AMAX % Rank | |
---|---|---|---|---|
Stocks | 74.53% | -38.22% | 261.12% | 0.55% |
Bonds | 1.93% | -150.81% | 188.92% | 95.02% |
Other | 1.18% | -25.82% | 276.99% | 1.38% |
Cash | 0.66% | -261.12% | 258.91% | 25.17% |
Preferred Stocks | 0.00% | 0.00% | 31.88% | 99.45% |
Convertible Bonds | 0.00% | 0.00% | 33.50% | 99.45% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AMAX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 30.67% |
Technology | 0.00% | 0.00% | 33.40% | 0.25% |
Real Estate | 0.00% | 0.00% | 100.00% | 36.91% |
Industrials | 0.00% | 0.00% | 100.00% | 30.67% |
Healthcare | 0.00% | 0.00% | 100.00% | 10.22% |
Financial Services | 0.00% | 0.00% | 100.00% | 39.40% |
Energy | 0.00% | 0.00% | 100.00% | 65.09% |
Communication Services | 0.00% | 0.00% | 100.00% | 16.21% |
Consumer Defense | 0.00% | 0.00% | 99.97% | 20.45% |
Consumer Cyclical | 0.00% | 0.00% | 89.95% | 11.22% |
Basic Materials | 0.00% | 0.00% | 100.00% | 32.17% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AMAX % Rank | |
---|---|---|---|---|
US | 74.53% | -40.06% | 261.12% | 0.55% |
Non US | 0.00% | -6.04% | 17.73% | 9.27% |
Bond Sector Breakdown
Weighting | Return Low | Return High | AMAX % Rank | |
---|---|---|---|---|
Derivative | 1.18% | 0.00% | 72.98% | 99.17% |
Cash & Equivalents | 0.66% | 0.00% | 100.00% | 8.06% |
Securitized | 0.00% | 0.00% | 99.65% | 83.47% |
Corporate | 0.00% | 0.00% | 100.00% | 100.00% |
Municipal | 0.00% | 0.00% | 54.26% | 98.47% |
Government | 0.00% | 0.00% | 99.43% | 3.33% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | AMAX % Rank | |
---|---|---|---|---|
US | 1.93% | -151.11% | 194.51% | 89.63% |
Non US | 0.00% | -136.75% | 90.11% | 99.31% |
AMAX - Expenses
Operational Fees
AMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.85% | 0.01% | 6.46% | 55.11% |
Management Fee | 0.80% | 0.00% | 2.29% | 72.81% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
AMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
AMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
AMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 496.00% | N/A |
AMAX - Distributions
Dividend Yield Analysis
AMAX | Category Low | Category High | AMAX % Rank | |
---|---|---|---|---|
Dividend Yield | 8.11% | 0.00% | 17.29% | 2.94% |
Dividend Distribution Analysis
AMAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
AMAX | Category Low | Category High | AMAX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -1.55% | 11.51% | N/A |
Capital Gain Distribution Analysis
AMAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 29, 2024 | $0.053 | OrdinaryDividend |
Oct 30, 2024 | $0.054 | OrdinaryDividend |
Sep 27, 2024 | $0.052 | OrdinaryDividend |
Aug 30, 2024 | $0.054 | OrdinaryDividend |
Jul 30, 2024 | $0.053 | OrdinaryDividend |
Jun 28, 2024 | $0.053 | OrdinaryDividend |
Apr 29, 2024 | $0.053 | OrdinaryDividend |
Mar 28, 2024 | $0.071 | OrdinaryDividend |
Feb 28, 2024 | $0.013 | OrdinaryDividend |
Jan 30, 2024 | $0.011 | OrdinaryDividend |
Dec 28, 2023 | $0.031 | OrdinaryDividend |
Nov 29, 2023 | $0.010 | OrdinaryDividend |
Oct 30, 2023 | $0.013 | OrdinaryDividend |
Sep 28, 2023 | $0.044 | OrdinaryDividend |
Aug 30, 2023 | $0.075 | OrdinaryDividend |
Jul 28, 2023 | $0.040 | OrdinaryDividend |
Jun 29, 2023 | $0.126 | OrdinaryDividend |
May 30, 2023 | $0.037 | OrdinaryDividend |
Apr 27, 2023 | $0.033 | OrdinaryDividend |
Mar 30, 2023 | $0.044 | OrdinaryDividend |
Feb 27, 2023 | $0.041 | OrdinaryDividend |
Jan 30, 2023 | $0.043 | OrdinaryDividend |
Dec 29, 2022 | $0.040 | OrdinaryDividend |
Nov 29, 2022 | $0.050 | OrdinaryDividend |
Oct 28, 2022 | $0.041 | OrdinaryDividend |
Sep 29, 2022 | $0.074 | OrdinaryDividend |
Aug 30, 2022 | $0.068 | OrdinaryDividend |
Jul 28, 2022 | $0.077 | OrdinaryDividend |
Jun 29, 2022 | $0.079 | OrdinaryDividend |
May 27, 2022 | $0.087 | OrdinaryDividend |
Apr 28, 2022 | $0.106 | OrdinaryDividend |
Mar 30, 2022 | $0.057 | OrdinaryDividend |
Feb 25, 2022 | $0.075 | OrdinaryDividend |
Jan 28, 2022 | $0.108 | OrdinaryDividend |
Dec 30, 2021 | $0.052 | OrdinaryDividend |
Nov 29, 2021 | $0.045 | OrdinaryDividend |
AMAX - Fund Manager Analysis
Managers
Scott Wetherington
Start Date
Tenure
Tenure Rank
Oct 02, 2009
12.67
12.7%
Scott is an accomplished member of the Cavalier team with 25 years of experience in portfolio management, research and investment strategies. Scott serves as Chief Investment Officer and is responsible for leading the research and investment strategies for Cavalier’s Mutual Funds. He also serves as Portfolio Manager for Cavalier’s Tactical Economic SMA, Cavalier Tactical Economic Fund, Cavalier Hedged High Income Fund and the NE Index Fund. Prior to Cavalier, Scott served as Senior Portfolio Manager and Chief Investment Strategist for Linder Capital Advisors. Scott is a frequent speaker at conferences on Portfolio Management and has been honored as a guest speaker at Georgia Institute of Technology. Scott earned his Bachelor of Business Administration at James Madison University. He resides in Georgia with his family. Scott also holds the Chartered Financial Analyst designation (CFA) and is a member of the Atlanta Society of Finance and Investment Professionals.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.64 | 3.19 |