Adaptive Hedged Multi-Asset Income ETFAdaptive Hedged Multi-Asset Income ETFAdaptive Hedged Multi-Asset Income ETF

Adaptive Hedged Multi-Asset Income ETF

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Key stats


Assets under management (AUM)
‪22.44 M‬USD
Fund flows (1Y)
‪3.54 M‬USD
Dividend yield (indicated)
7.96%
Discount/Premium to NAV
0.7%
Shares outstanding
‪2.84 M‬
Expense ratio
1.36%

About Adaptive Hedged Multi-Asset Income ETF


Issuer
Cavalier16, Inc.
Brand
Adaptive
Inception date
Nov 15, 2021
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Cavalier Investments LLC
Distributor
Capital Investment Group, Inc.
AMAX provides exposure to an array of securities including fixed income such as MBS, ABS, CMBS, corporate investment-grade bonds, convertibles, high yields, US government or agency-issued bonds, and ETNs. Equities may include dividend paying securities, REITs and preferred securities from any sector or market-cap. These securities are selected using an investment model that factors in price momentum, volatility, comparative indicators, and a recession model (measures the probability of a recession within the next several months based on leading economic indicators). When the model shows a negative market trend, the Fund may hedge by investing in treasury bonds, ETNs and leveraged/inverse ETFs. As an actively managed fund, AMAX may have a high level of portfolio turnover. Effective as of the close of business on Nov. 12, 2021, the fund was converted from Adaptive Hedged Multi-Asset Income Fund, an open-end mutual fund to an ETF, with $19 million USD in asset.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Income & capital appreciation
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
ETF
Securitized
Cash
Stocks11.12%
Technology Services11.12%
Bonds, Cash & Other88.88%
ETF46.11%
Securitized25.77%
Cash16.21%
Mutual fund0.79%
Rights & Warrants0.00%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to AMAX via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
AMAX trades at 7.94 USD today, its price has risen 0.38% in the past 24 hours. Track more dynamics on AMAX price chart.
AMAX net asset value is 7.88 today — it's risen 2.48% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
AMAX assets under management is ‪22.44 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
AMAX price has risen by 1.66% over the last month, and its yearly performance shows a −0.44% decrease. See more dynamics on AMAX price chart.
NAV returns, another gauge of an ETF dynamics, showed a 7.63% increase in three-month performance and has increased by 7.04% in a year.
AMAX fund flows account for ‪3.54 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
AMAX invests in funds. See more details in our Analysis section.
AMAX expense ratio is 1.36%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, AMAX isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, AMAX technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating AMAX shows the strong buy signal. See more of AMAX technicals for a more comprehensive analysis.
Yes, AMAX pays dividends to its holders with the dividend yield of 7.96%.
AMAX trades at a premium (0.74%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
AMAX shares are issued by Cavalier16, Inc.
AMAX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 15, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.