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BYLD vs CDX

iShares Yield Optimized Bond ETF vs Simplify High Yield ETF

BYLD

iShares Yield Optimized Bond ETF

iShares

Annual cost

0.13%

Fund size

$387M

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

Key differences

  • BYLD costs 0.12% less per year.
  • BYLD is classified as fixed income, while CDX is alternative — different risk/return profiles.
  • BYLD follows a index tracking strategy; CDX uses multi strategy.
  • Over the last 3 years, CDX has delivered higher annualized returns.
  • BYLD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BYLDCDX
Annual cost (TER)0.13%0.25%
Fund size (AUM)$387M$440M
Since20142022
Dividend yield5.35%8.37%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingmulti strategy
CAGR 1Y+7.5%-0.3%
CAGR 3Y+6.3%+7.8%
CAGR 5Y+2.3%N/A
Sharpe 3Y0.580.42
Volatility 1Y3.85%5.69%
Max drawdown-14.75%-13.24%

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

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