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BRHY vs CDX

iShares High Yield Active ETF vs Simplify High Yield ETF

BRHY

iShares High Yield Active ETF

iShares

Annual cost

0.45%

Fund size

$100M

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

Key differences

  • CDX costs 0.20% less per year.
  • CDX is significantly larger than BRHY — larger funds tend to be more liquid and less likely to close.
  • BRHY is classified as fixed income, while CDX is alternative — different risk/return profiles.
  • BRHY covers global markets; CDX covers north america.
  • BRHY follows a index tracking strategy; CDX uses multi strategy.

Side-by-side comparison

BRHYCDX
Annual cost (TER)0.45%0.25%
Fund size (AUM)$100M$440M
Since20242022
Dividend yield6.66%8.37%
Asset classfixed incomealternative
Regionglobalnorth america
Strategyindex trackingmulti strategy
CAGR 1Y+8.9%-0.3%
CAGR 3YN/A+7.8%
CAGR 5YN/AN/A
Sharpe 3YN/A0.42
Volatility 1Y3.30%5.69%
Max drawdown-4.42%-13.24%

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

Similar to BRHY and CDX