Adaptive Hedged Multi-Asset Income ETF (AMAX)

• Market cap: $23.1M
• 1 day: 0.25%
• 5 days: 0.76%
• 1 month: 1.40%
• 3 months: 7.40%
• 6 months: 2.97%
• Year to date: 2.05%
• 1 year: -0.50%
• 5 years: -18.65%
• 10 years: -18.65%

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

150% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 4

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

6% more funds holding

Funds holding: 17 [Q4 2024] → 18 (+1) [Q1 2025]

0.64% less ownership

Funds ownership: 92.73% [Q4 2024] → 92.09% (-0.64%) [Q1 2025]

5% less capital invested

Capital invested by funds: $20.6M [Q4 2024] → $19.6M (-$998K) [Q1 2025]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 1 (-1) [Q1 2025]