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BINC vs CDX

iShares Flexible Income Active ETF vs Simplify High Yield ETF

BINC

iShares Flexible Income Active ETF

iShares

Annual cost

0.40%

Fund size

$16.9B

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

Key differences

  • CDX costs 0.15% less per year.
  • BINC is significantly larger than CDX — larger funds tend to be more liquid and less likely to close.
  • BINC is classified as fixed income, while CDX is alternative — different risk/return profiles.
  • BINC follows a active selection strategy; CDX uses multi strategy.

Side-by-side comparison

BINCCDX
Annual cost (TER)0.40%0.25%
Fund size (AUM)$16.9B$440M
Since20232022
Dividend yield5.60%8.37%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyactive selectionmulti strategy
CAGR 1Y+6.3%-0.3%
CAGR 3YN/A+7.8%
CAGR 5YN/AN/A
Sharpe 3YN/A0.42
Volatility 1Y2.29%5.69%
Max drawdown-2.69%-13.24%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to BINC and CDX