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CDX vs FSYD

Simplify High Yield ETF vs Fidelity Sustainable High Yield ETF

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

FSYD

Fidelity Sustainable High Yield ETF

Fidelity Investments

Annual cost

0.55%

Fund size

$113M

Key differences

  • CDX costs 0.30% less per year.
  • CDX is significantly larger than FSYD — larger funds tend to be more liquid and less likely to close.
  • CDX is classified as alternative, while FSYD is fixed income — different risk/return profiles.
  • CDX follows a multi strategy strategy; FSYD uses index tracking.
  • Over the last 3 years, FSYD has delivered higher annualized returns.

Side-by-side comparison

CDXFSYD
Annual cost (TER)0.25%0.55%
Fund size (AUM)$440M$113M
Since20222022
Dividend yield8.37%6.39%
Asset classalternativefixed income
Regionnorth america
Strategymulti strategyindex tracking
CAGR 1Y-0.3%+10.7%
CAGR 3Y+7.8%+9.8%
CAGR 5YN/AN/A
Sharpe 3Y0.421.10
Volatility 1Y5.69%4.25%
Max drawdown-13.24%-12.11%

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

Similar to CDX and FSYD