Screener
CDX vs HYZD
Simplify High Yield ETF vs WisdomTree Interest Rate Hedged High Yield Bond Fund
Key differences
Both CDX and HYZD are fixed income ETFs. CDX charges 0.25% a year and HYZD 0.43%. The main difference: CDX follows a multi strategy strategy; HYZD uses long short.
- CDX follows a multi strategy strategy; HYZD uses long short.
- CDX costs 0.18% less per year.
- Over the last three years, HYZD has delivered higher annualized returns.
- HYZD has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| CDX | HYZD | |
|---|---|---|
| Annual cost (TER) | 0.25% | 0.43% |
| Fund size (AUM) | $407M | $237M |
| Since | 2022 | 2013 |
| Dividend yield | 8.31% | 5.89% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | multi strategy | long short |
| CAGR 1Y | -0.4% | +6.9% |
| CAGR 3Y | +7.9% | +9.4% |
| CAGR 5Y | N/A | +6.2% |
| Sharpe 3Y | 0.43 | 1.13 |
| Volatility 1Y | 5.80% | 3.13% |
| Max drawdown | -13.24% | -25.66% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.