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ETRACS made investors more money ($140M). AAM had more funds that made money (100%).
The past year, all their funds · Data as of Nov 3, 2026
Tale of the tape 1Y · lower fee wins
Every dot is one bonds & cash fund, placed at its 1-year return. Right of the line = made money. The ringed dot is the middle fund. Small sample: fewer than 3 funds on a side.
| BOX SCORE · BONDS & CASH | ETRACS | AAM |
|---|---|---|
| Funds in the category | 1 | 3 |
| Made money (W–L) | 0–1 | 3–0 |
| Win % | 0% | 100% |
| Money made | −$3M | $14M |
| Typical return | −26.1% | +3.6% |
| Launches · 2026 | 0 | 0 |
| Assets | $8M | $537M |
| Fee per $100 | $0.95 | $0.44 |
The past year. Win % counts funds, not dollars; money made is estimated from each fund’s assets and return. Categories with fewer than 3 funds on a side are flagged. Not advice.