AMAX vs AIVI

Comparison between ADAPTIVE HEDGED MULTI-ASSET INCOME ETF (AMAX, ETF) and WISDOMTREE INTERNATIONAL AI ENHANCED VALUE FUND (AIVI, ETF).

5-Year PerformanceAIVI has outperformed AMAX, delivering a return of +10.1% compared to +3.4%

AMAX vs AIVI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AMAX(ETF)	AIVI(ETF)
Net Assets	$64M	$64M
Expense Ratio	1.36%	0.58%
Max Drawdown	28.31%	70.35%
Sharpe Ratio	0.52	1.36
5Y Beta	0.38	0.53
5Y Dividends CAGR	N/A	9.24%

Net Assets

AMAX

$64M

AIVI

$64M

Expense Ratio

AMAX

1.36%

Winner

AIVI

0.58%

Max Drawdown

Winner

AMAX

28.31%

AIVI

70.35%

Sharpe Ratio

AMAX

0.52

Winner

AIVI

1.36

5Y Beta

Winner

AMAX

0.38

AIVI

0.53

5Y Dividends CAGR

AMAX

N/A

AIVI

9.24%

AMAX vs AIVI - Historical Returns

Returns include dividend reinvestment.

Period	AMAX	AIVI
1 month	-3.87%	+0.56%
3 months	-0.71%	+7.30%
6 months	+1.56%	+12.96%
1 year	+8.30%	+22.87%
5 years(CAGR)	+3.38%	+10.12%
10 years(CAGR)	N/A	+9.10%
Max(CAGR)	+3.38%	+5.29%

AMAX

-3.87%

Winner

AIVI

+0.56%

AMAX

-0.71%

Winner

AIVI

+7.30%

AMAX

+1.56%

Winner

AIVI

+12.96%

AMAX

+8.30%

Winner

AIVI

+22.87%

5Y(CAGR)

AMAX

+3.38%

Winner

AIVI

+10.12%

10Y(CAGR)

AMAX

N/A

AIVI

+9.10%

Max(CAGR)

AMAX

+3.38%

Winner

AIVI

+5.29%

AMAX vs AIVI - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	AMAX	AIVI
2026	+2.58%	+10.16%
2025	+10.82%	+39.34%
2024	+10.07%	+2.91%
2023	+6.91%	+16.97%
2022	-12.46%	-10.25%
2021	-0.20%	+8.70%
2020	N/A	-2.14%
2019	N/A	+18.25%
2018	N/A	-10.04%
2017	N/A	+20.01%
2016	N/A	+3.73%
2015	N/A	-7.74%
2014	N/A	-3.13%
2013	N/A	+17.17%
2012	N/A	+8.11%
2011	N/A	-6.78%
2010	N/A	+2.74%
2009	N/A	+31.32%
2008	N/A	-45.35%
2007	N/A	+11.52%
2006	N/A	+27.29%

AMAX vs AIVI Drawdown Comparison

The maximum drawdown for AMAX was -16.26%, occurring on Oct 14, 2022. Recovery took 595 trading sessions.

The maximum drawdown for AIVI was -65.93%, occurring on Mar 9, 2009. Recovery took 3052 trading sessions.

The current AMAX drawdown is -4.29%. The current AIVI drawdown is -1.58%.

Rank	AMAX	AIVI
#1	-16.26% Nov 17, 2021 - Apr 3, 2024	-65.93% Oct 31, 2007 - Dec 16, 2019
#2	-9.26% Feb 19, 2025 - May 14, 2025	-35.42% Jan 17, 2020 - Jan 6, 2021
#3	-7.51% Jan 28, 2026 - May 8, 2026	-28.06% Jan 14, 2022 - Jul 13, 2023
#4	-5.73% Jul 17, 2024 - Aug 19, 2024	-13.88% Jul 19, 2007 - Oct 1, 2007
#5	-5.47% May 11, 2026 - Jun 10, 2026	-11.71% Sep 27, 2024 - Mar 5, 2025
#6	-5.38% Oct 20, 2025 - Jan 22, 2026	-11.42% Mar 19, 2025 - Apr 22, 2025
#7	-3.54% Apr 3, 2024 - May 20, 2024	-10.92% Feb 25, 2026 - Mar 20, 2026
#8	-2.95% Dec 11, 2024 - Jan 22, 2025	-10.43% Jul 26, 2023 - Dec 14, 2023
#9	-2.23% Nov 8, 2024 - Dec 11, 2024	-8.43% Jun 14, 2021 - Jan 12, 2022
#10	-2.01% Jan 31, 2025 - Feb 19, 2025	-8.13% Feb 26, 2007 - Apr 2, 2007
#11	-2.00% Jan 22, 2025 - Jan 31, 2025	-5.14% Jul 11, 2006 - Jul 28, 2006
#12	-1.89% Jun 13, 2025 - Jul 2, 2025	-4.85% Jun 4, 2007 - Jul 9, 2007
#13	-1.69% May 20, 2025 - Jun 6, 2025	-4.81% May 17, 2024 - Jul 12, 2024
#14	-1.62% May 20, 2024 - Jun 17, 2024	-4.60% Jul 31, 2024 - Aug 16, 2024
#15	-1.62% Jun 20, 2024 - Jul 9, 2024	-4.37% Nov 12, 2025 - Nov 28, 2025

Correlation

Correlation between AMAX and AIVI is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2006 - 2026)

AMAX vs AIVI dividend yield comparison.

Year	AMAX	AIVI
2026	5.18%	0.12%
2025	9.19%	4.70%
2024	7.36%	4.94%
2023	6.99%	5.05%
2022	11.22%	4.32%
2021	1.00%	5.53%
2020	0.00%	3.50%
2019	0.00%	4.31%
2018	0.00%	4.21%
2017	0.00%	3.65%
2016	0.00%	3.98%
2015	0.00%	4.23%
2014	0.00%	5.11%
2013	0.00%	3.67%
2012	0.00%	4.56%
2011	0.00%	4.74%
2010	0.00%	3.76%
2009	0.00%	3.61%
2008	0.00%	11.37%
2007	0.00%	2.57%
2006	0.00%	0.36%