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CDX vs HYDW

Simplify High Yield ETF vs Xtrackers Low Beta High Yield Bond ETF

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

HYDW

Xtrackers Low Beta High Yield Bond ETF

Xtrackers

Annual cost

0.20%

Fund size

$66M

Key differences

  • CDX is significantly larger than HYDW — larger funds tend to be more liquid and less likely to close.
  • CDX is classified as alternative, while HYDW is fixed income — different risk/return profiles.
  • CDX follows a multi strategy strategy; HYDW uses index tracking.

Side-by-side comparison

CDXHYDW
Annual cost (TER)0.25%0.20%
Fund size (AUM)$440M$66M
Since20222018
Dividend yield8.37%5.58%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y-0.6%+6.6%
CAGR 3Y+7.6%+7.2%
CAGR 5YN/A+3.7%
Sharpe 3Y0.400.79
Volatility 1Y5.68%3.02%
Max drawdown-13.24%-17.75%

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

Similar to CDX and HYDW