PZLV vs AMAX

Comparison between Pzena U.S. Large Cap Value (PZLV, ETF) and ADAPTIVE HEDGED MULTI-ASSET INCOME ETF (AMAX, ETF).

PZLV vs AMAX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PZLV(ETF)	AMAX(ETF)
Net Assets	$60M	$60M
Expense Ratio	0.60%	1.36%
Max Drawdown	2.30%	28.31%
Sharpe Ratio	4.19	0.55
5Y Beta	0.66	0.38
P/E Ratio	18.82	N/A
Forward P/E	10.13	N/A
PEG Ratio	0.34	N/A
5Y EPS CAGR	-3.74%	N/A
Debt to Equity	73.69%	N/A
P/S Ratio	0.69	N/A
P/B Ratio	1.61	N/A

Net Assets

PZLV

$60M

Winner

AMAX

$60M

Expense Ratio

Winner

PZLV

0.60%

AMAX

1.36%

Max Drawdown

Winner

PZLV

2.30%

AMAX

28.31%

Sharpe Ratio

Winner

PZLV

4.19

AMAX

0.55

5Y Beta

PZLV

0.66

Winner

AMAX

0.38

P/E Ratio

PZLV

18.82

AMAX

N/A

Forward P/E

PZLV

10.13

AMAX

N/A

PEG Ratio

PZLV

0.34

AMAX

N/A

5Y EPS CAGR

PZLV

-3.74%

AMAX

N/A

Debt to Equity

PZLV

73.69%

AMAX

N/A

P/S Ratio

PZLV

0.69

AMAX

N/A

P/B Ratio

PZLV

1.61

AMAX

N/A

PZLV vs AMAX - Historical Returns

Returns include dividend reinvestment.

Period	PZLV	AMAX
1 month	+4.71%	-2.92%
3 months	N/A	-1.94%
6 months	N/A	+1.58%
1 year	N/A	+9.75%
5 years(CAGR)	N/A	+3.37%
Max(CAGR)	+84.93%	+3.37%

Winner

PZLV

+4.71%

AMAX

-2.92%

PZLV

N/A

AMAX

-1.94%

PZLV

N/A

AMAX

+1.58%

PZLV

N/A

AMAX

+9.75%

5Y(CAGR)

PZLV

N/A

AMAX

+3.37%

Max(CAGR)

Winner

PZLV

+84.93%

AMAX

+3.37%

PZLV vs AMAX - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	PZLV	AMAX
2026	+11.56%	+2.45%
2025	N/A	+10.82%
2024	N/A	+10.07%
2023	N/A	+6.91%
2022	N/A	-12.46%
2021	N/A	-0.20%

PZLV vs AMAX Drawdown Comparison

The maximum drawdown for PZLV was -2.30%, occurring on May 13, 2026. Recovery took 15 trading sessions.

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

The current PZLV drawdown is -0.54%. The current AMAX drawdown is -4.41%.

Rank	PZLV	AMAX
#1	-2.30% Apr 30, 2026 - May 21, 2026	-16.26% Nov 17, 2021 - Apr 3, 2024
#2	-1.59% Apr 20, 2026 - Apr 30, 2026	-9.26% Feb 19, 2025 - May 14, 2025
#3	-0.99% Apr 9, 2026 - Apr 13, 2026	-7.51% Jan 28, 2026 - May 8, 2026
#4	-0.56% Jun 2, 2026 - Jun 4, 2026	-5.73% Jul 17, 2024 - Aug 19, 2024
#5	-0.54% Jun 4, 2026 - Jun 5, 2026	-5.38% Oct 20, 2025 - Jan 22, 2026
#6	-0.13% Apr 13, 2026 - Apr 15, 2026	-4.41% May 11, 2026 - Jun 5, 2026
#7	-0.13% Apr 1, 2026 - Apr 6, 2026	-3.54% Apr 3, 2024 - May 20, 2024
#8	-0.01% May 26, 2026 - May 28, 2026	-2.95% Dec 11, 2024 - Jan 22, 2025
#9	N/A	-2.23% Nov 8, 2024 - Dec 11, 2024
#10	N/A	-2.01% Jan 31, 2025 - Feb 19, 2025
#11	N/A	-2.00% Jan 22, 2025 - Jan 31, 2025
#12	N/A	-1.89% Jun 13, 2025 - Jul 2, 2025
#13	N/A	-1.69% May 20, 2025 - Jun 6, 2025
#14	N/A	-1.62% May 20, 2024 - Jun 17, 2024
#15	N/A	-1.62% Jun 20, 2024 - Jul 9, 2024