MTS is a filename extension for an Advanced Video Coding High Definition (AVCHD) video file. It contains a .mts filename extension and contains a HD MPEG video captured using certaing camcorder models like JVC, Sony, Canon, and Sanyo. It can support up to 1080i x 720p HD videos and can open on multiple software.
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AAX (Atom Asset Exchange) is an audio file format for storing sound-based products from Audible Incorporated. Typically, AAX files are DRM protected, although they can be transcoded to other common formats such as MP3 using a licensed program like Wondershare UniConverter.