Fund Evaluator:
Adaptive Hedged Multi-Asset Income ETF (AMAX)
Follow This Fund
Fixed Income
Global Asset Class
Taxable Bond
Fund Group
Nontraditional Bond
Category
$0.000
NAV (as of )
$0.00
Minimum Initial
1.36% F
Expense Ratio
$67 Mil
Assets
Open
Status
na
12b-1 Fee
11.95%
TTM Yield
0.00%
Max Load
721%
Portfolio Turnover
Best Performing in Nontraditional Bond Over the Last Year
| 11.2% | Artisan Global Unconstrained Investor (APFPX) |
| 6.3% | Goldman Sachs Dynamic Bond Inv (GZIRX) |
| 5.2% | PGIM Absolute Return Bond Z (PADZX) |
| 4.9% | Spectrum Low Volatility Investor (SVARX) |
| 4.8% | Spectrum Unconstrained Investor (SUNBX) |
Data as of 7/31/2026
0.0% B
1-Mo Return
-3.5% F
3-Mo Return
0.6% D
YTD Return
4.6% C
1-Yr Return
7.2% B
3-Yr Return
2.9% C
5-Yr Return
1.59 F
Category Risk Index
0.70
Total Risk Index
Fund Details
Fund Family
Adaptive ETF
Inception Date
10/2/2009
Share Class Type
Equity Investment Style
Large-Cap
Blend
Bond Investment Style
High Quality
Extensive Sensitivity
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Bloomberg Capital U.S. Aggregate TR USD: 100%
Additional Fund Details
Adaptive Hedged Multi-Asset Income ETF Overview
AMAX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| AMAX Return (NAV) | -0.0% | -3.5% | 4.6% | 7.2% | 2.9% | 2.9% |
| AMAX Grade | B | F | C | B | C | F |
| +/- Category | 0.2% | -3.9% | 0.2% | 1.6% | 0.4% | -0.3% |
| Nontraditional Bond Avg | -0.2% | 0.4% | 4.4% | 5.6% | 2.5% | 3.1% |
| AMAX Tax Cost Ratio | na | na | 4.4% | 3.4% | 3.4% | 2.5% |
AMAX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| AMAX Return (NAV) | 0.6% | 11.5% | 9.1% | 6.5% | -12.4% | 0.7% | 0.2% | 4.5% | 4.8% | 4.9% | 7.6% |
| AMAX Grade | D | A | B | D | D | F | D | F | A | B | B |
| +/- Category | -0.6% | 4.7% | 3.7% | -0.0% | -6.3% | -0.7% | -5.2% | -2.1% | 5.6% | 0.8% | 1.1% |
| Nontraditional Bond Avg | 1.2% | 6.8% | 5.4% | 6.5% | -6.1% | 1.3% | 5.4% | 6.5% | -0.8% | 4.1% | 6.4% |
| Risk Measures | |
| Standard Deviation: | 8.6% |
| Total Risk Index: | 0.70 - Below Average |
| Category Risk Index: | 1.59 - High |
| Category Risk Grade: | F (93% Rank) |
| Beta: | 0.88 |
| R-Squared: | 33% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | High Quality Extensive Sensitivity |
| Yield: | 12.0% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $67 Mil |
| Fund Total Assets: | $ 67 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 721% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 5.8 years | |||
| Average Tenure: 5.8 years | |||
| Managers (Year): Wetherington Scott (2020) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 24 |
| % in Top 10 Holdings: | 92.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 3.7% |
Portfolio Allocation |
|
| Domestic Stock: | 25.5% |
| Foreign Stock: | 3.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 31.7% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 11.2% |
| Cash: | 28.0% |
Purchase Information
| Fund Family: | Adaptive ETF |
| Phone Number: | 800-773-3863 |
| Website: | www.ncfunds.com |
| Status: | Open |
| Inception Date: | October 2, 2009 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 1.36% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.42% |
| Share Class: | Adaptive Hedged Multi-Asset Income ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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