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CDX vs FLHY

Simplify High Yield ETF vs Franklin High Yield Corporate ETF

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

FLHY

Franklin High Yield Corporate ETF

Franklin Templeton Investments

Annual cost

0.40%

Fund size

$1.1B

Key differences

  • CDX costs 0.15% less per year.
  • CDX is classified as alternative, while FLHY is fixed income — different risk/return profiles.
  • CDX follows a multi strategy strategy; FLHY uses index tracking.
  • Over the last 3 years, FLHY has delivered higher annualized returns.

Side-by-side comparison

CDXFLHY
Annual cost (TER)0.25%0.40%
Fund size (AUM)$440M$1.1B
Since20222018
Dividend yield8.37%6.53%
Asset classalternativefixed income
Regionnorth america
Strategymulti strategyindex tracking
CAGR 1Y-0.3%+8.9%
CAGR 3Y+7.8%+9.6%
CAGR 5YN/A+4.7%
Sharpe 3Y0.421.09
Volatility 1Y5.69%3.86%
Max drawdown-13.24%-22.57%

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

Similar to CDX and FLHY