Screener
CDX vs MDIV
Simplify High Yield ETF vs Multi-Asset Diversified Income Index Fund
Key differences
CDX is a fixed income ETF, while MDIV is a mixed asset ETF. CDX charges 0.25% a year and MDIV 0.71%.
- CDX is a fixed income fund, while MDIV is a mixed asset fund. They carry different risk/return profiles.
- CDX follows a multi strategy strategy; MDIV uses index tracking.
- CDX costs 0.46% less per year.
- Over the last three years, MDIV has delivered higher annualized returns.
- MDIV has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| CDX | MDIV | |
|---|---|---|
| Annual cost (TER) | 0.25% | 0.71% |
| Fund size (AUM) | $407M | $411M |
| Since | 2022 | 2012 |
| Dividend yield | 8.31% | 6.38% |
| Asset class | fixed income | mixed asset |
| Region | north america | north america |
| Strategy | multi strategy | index tracking |
| CAGR 1Y | -1.2% | +12.2% |
| CAGR 3Y | +7.3% | +11.9% |
| CAGR 5Y | N/A | +5.9% |
| Sharpe 3Y | 0.37 | 0.91 |
| Volatility 1Y | 5.75% | 6.75% |
| Max drawdown | -13.24% | -48.50% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.