AMAX — Adaptive Hedged Multi-Asset Income ETF
Data updated: 2026-04-27
AMAX — Adaptive Hedged Multi-Asset Income ETF data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Multi-Cap / All-Cap Blend / Core Equity · $49.39M AUM · 1.36% expense ratio · 16.8% 1-yr return. From SEC regulatory filings.
AMAX Fund Overview
AMAX — Adaptive Hedged Multi-Asset Income ETF is a US ETF managed by Starboard Investment Trust, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Starboard Investment Trust
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $49.39M
- 1-year return: 16.8%
- Ticker: AMAX
- SEC CIK: 0001464413
- SEC series ID: S000072156
- Share class ID: C000227946
AMAX Holdings
Top 10 holdings of Adaptive Hedged Multi-Asset Income ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| iShares 20+ Year Tre | 22.49% |
| State Street SPDR | 12.77% |
| RH Hedged Multi-Asse | 11.81% |
| FT Vest Gold Strateg | 11.65% |
| Vanguard Value ETF | 6.45% |
| VanEck Vectors Gold | 6.26% |
| MicroStrategy Inc | 6.13% |
| X-Links Crude Oil Sh | 5.07% |
| YieldMax GOOGL Optio | 1.22% |
| YieldMax AAPL Option | 0.96% |
AMAX Portfolio Allocation
Asset-class allocation of Adaptive Hedged Multi-Asset Income ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 76.2% |
| Other | 11.8% |
| Securitized | 0.7% |
| Cash & Equivalents | 0.6% |
| Derivatives | 0.4% |
AMAX Performance
Total returns for AMAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.4% |
| 1 year | 16.8% |
| 3 years (annualised) | 10.1% |
AMAX Risk Information
Risk metrics for AMAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.4%
AMAX Costs and Fees
AMAX costs about $136 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.36%
- Gross expense ratio: 2.16%
- Portfolio turnover: 721%
- Brokerage commissions: 38.44 bps of average net assets (SEC N-CEN)
AMAX Cashflows
Over the 12 months to 2026-02, Adaptive Hedged Multi-Asset Income ETF had net inflows of $25.48M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $950.48K |
| 2026-01 | $5.63M |
| 2025-12 | $2.17M |
| 2025-11 | $4.61M |
| 2025-10 | $1.25M |
| 2025-09 | $4.34M |
AMAX Debt Constituents
No individual debt constituents are reported in Adaptive Hedged Multi-Asset Income ETF's latest SEC N-PORT filing.
AMAX Prospectus and SEC Filings
Official Adaptive Hedged Multi-Asset Income ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.