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AMAX
-0.11 · -1.40%
$7.93 · NYSE ARCA

Starboard Investment Trust (AMAX) ETF Analysis | Nontraditional Bond

Adaptive ETF · USA
AUM:$59.9M
#– of – in Nontraditional Bond ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 15.6% over the past year, showing positive momentum.

Cost Efficiency

Ongoing charge of 1.29% — above average for this category.

What is AMAX?

As an actively managed exchange-traded fund ("ETF"), the fund will not seek to replicate the performance of an index. The Advisor seeks to achieve the fund"s investment objective of total return by investing in other investment companies, including mutual funds and exchange-traded funds that are registered under the Investment Company Act of 1940, as amended (the "1940 Act") and not affiliated with the fund ("portfolio funds") or by making direct investments.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Strong Recent Performance
AMAX delivered 15.6% over the past year. Historical returns only — past performance is not indicative of future results.
Higher Cost Profile
Expense ratio of 1.29% is above average. Verify whether the strategy justifies the cost.
Concentrated Holdings
Top 10 holdings account for 64.9% of the ETF — significant weight in a small number of names.
ETF Information
AUM$59.9M
Expense Ratio1.29%
Dividend Yield10.56%
Holdings16
Inception DateOct 2009
Domicile–
Distribution–
Index–
ProviderAdaptive ETF
Beta0.88
CategoryNontraditional Bond
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

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Compare Equity
Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-5.8%
1Y
+1.7%
3Y
+24.4%
5Y
+12.9%
OpenBook InsightIf you had invested £10,000 in AMAX 5 years ago, it would have grown to £11,286 — a gain of £1,286.

Annual Returns

Calendar year performance

AMAX delivered positive returns in 3 of the last 5 calendar years.
YearAMAX
2026 YTD-0.5%
2025+10.8%
2024+10.1%
2023+6.9%
2022-12.5%
CAGR 4yr+3.3%
3/5 positive yearsAvg return: +3.0%Worst year: -12.5% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
67%
Positive
Volatility
13.9%
Low
Momentum
+2.1%
30-day change
Support Level
7.44
Key floor
Key Insights
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
  • Monitor key support and resistance levels as part of broader risk assessment.
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Openbook Analytics Ltd (Company No. SC843579) is registered in Scotland. Registered office: Strathclyde Inspire Hub, University of Strathclyde, Graham Hills Building (Level 6), 50 Richmond Street, Glasgow, G1 1XP. Openbook Analytics is not authorised or regulated by the Financial Conduct Authority (FCA). The content on this platform is provided for general informational and educational purposes only and does not constitute financial advice, investment advice, trading advice, or any other form of advice. You should not treat any content on this platform as a recommendation to buy, sell, or hold any financial instrument. Past performance is not a reliable indicator of future results. The value of investments and the income from them can go down as well as up, and you may get back less than you invest. User-generated content, including community posts and commentary, reflects the personal opinions of individual users, is not verified for accuracy, and does not represent the views of Openbook Analytics Ltd. You should always conduct your own research or consult a qualified, FCA-regulated financial adviser before making investment decisions. Data displayed on this platform may be delayed or inaccurate and is provided "as is" without warranty. Openbook Analytics Ltd accepts no liability for any loss arising from reliance on the information provided.