Summary
AMAX
Prices · period metrics · 12M
NAV as of 01/06/2026
02/04/2025 → 02/04/2026
Return 12.59% Volatility 11.34% Sharpe 0.88
Official loaded data — not a live quote.

ADAPTIVE HEDGED MULTI-ASSET INCOME ETF

Symbol: AMAX

Exchange: NYSE

Sector: Technology

Category: Nontraditional Bond

Inception date: 02/10/2009

Latest date: 01/06/2026

Current price: $7.90

Expense ratio: 1.36%

Assets under management
$59.9M
-0.50% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

0.42%

Ann. -45.35% (Sharpe / Sortino numerator)

Volatility

14.09%

Sharpe ratio

-3.476

VaR 95%

-1.62%

CVaR 95%: -1.68%
Max drawdown: -6.20%
Sortino ratio: -6.439
Calmar ratio: -7.31

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-0.74%

Ann. 1.88% (Sharpe / Sortino numerator)

Volatility

13.38%

Sharpe ratio

-0.131

VaR 95%

-1.63%

CVaR 95%: -1.86%
Max drawdown: -8.45%
Sortino ratio: -0.185
Calmar ratio: 0.22

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

4.63%

Ann. -4.28% (Sharpe / Sortino numerator)

Volatility

11.54%

Sharpe ratio

-0.686

VaR 95%

-1.10%

CVaR 95%: -1.63%
Max drawdown: -8.45%
Sortino ratio: -1.001
Calmar ratio: -0.51

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

12.59%

Ann. 13.55% (Sharpe / Sortino numerator)

Volatility

11.34%

Sharpe ratio

0.875

VaR 95%

-1.08%

CVaR 95%: -1.69%
Max drawdown: -8.45%
Sortino ratio: 1.151
Calmar ratio: 1.60

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

16.91%

Ann. 7.18% (Sharpe / Sortino numerator)

Volatility

10.78%

Sharpe ratio

0.329

VaR 95%

-1.12%

CVaR 95%: -1.61%
Max drawdown: -9.27%
Sortino ratio: 0.442
Calmar ratio: 0.77

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

27.07%

Ann. 8.28% (Sharpe / Sortino numerator)

Volatility

9.85%

Sharpe ratio

0.472

VaR 95%

-1.01%

CVaR 95%: -1.48%
Max drawdown: -9.27%
Sortino ratio: 0.631
Calmar ratio: 0.89

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 02/06/2025 - 01/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.049%

Best day

1.645%

22/04/2026
Worst day

-2.301%

30/01/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
01/06/2026 $7.94 $7.94 $7.85 $7.90 31,300
29/05/2026 $7.85 $7.95 $7.85 $7.92 555,900
28/05/2026 $7.83 $7.89 $7.80 $7.87 27,900
27/05/2026 $7.91 $7.96 $7.90 $7.93 14,600
26/05/2026 $7.95 $7.99 $7.92 $7.98 14,600
22/05/2026 $7.93 $8.00 $7.91 $7.92 23,200
21/05/2026 $7.87 $7.96 $7.87 $7.93 19,300
20/05/2026 $7.87 $8.01 $7.87 $7.93 23,400
19/05/2026 $7.97 $7.98 $7.89 $7.95 11,000
18/05/2026 $7.99 $7.99 $7.94 $7.97 14,900