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CDX vs CLOI

Simplify High Yield ETF vs VanEck CLO ETF

CDX

Simplify High Yield ETF

Annual cost

0.25%

Fund size

$440M

CLOI

VanEck CLO ETF

Annual cost

0.36%

Fund size

$1.3B

Key differences

  • CDX costs 0.11% less per year.
  • CLOI is significantly larger than CDX — larger funds tend to be more liquid and less likely to close.
  • CDX is classified as alternative, while CLOI is fixed income — different risk/return profiles.
  • CDX follows a multi strategy strategy; CLOI uses active selection.

Side-by-side comparison

CDXCLOI
Annual cost (TER)0.25%0.36%
Fund size (AUM)$440M$1.3B
Since20222022
Dividend yield8.37%5.44%
Asset classalternativefixed income
Regionnorth america
Strategymulti strategyactive selection
CAGR 1Y-0.6%+5.5%
CAGR 3Y+7.6%+7.2%
CAGR 5YN/AN/A
Sharpe 3Y0.401.31
Volatility 1Y5.68%1.19%
Max drawdown-13.24%-3.36%

Similar to CDX and CLOI