Screener
CDX vs MFLX
Simplify High Yield ETF vs First Trust Flexible Municipal High Income ETF
Key differences
Both CDX and MFLX are fixed income ETFs. CDX charges 0.25% a year and MFLX 0.75%. The main difference: CDX follows a multi strategy strategy; MFLX uses active selection.
- CDX follows a multi strategy strategy; MFLX uses active selection.
- CDX costs 0.50% less per year.
- CDX is much larger than MFLX. Larger funds are usually more liquid and less likely to close.
- Over the last three years, CDX has delivered higher annualized returns.
- MFLX has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| CDX | MFLX | |
|---|---|---|
| Annual cost (TER) | 0.25% | 0.75% |
| Fund size (AUM) | $407M | $19M |
| Since | 2022 | 2016 |
| Dividend yield | 8.31% | 4.09% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | multi strategy | active selection |
| CAGR 1Y | -0.4% | +9.2% |
| CAGR 3Y | +7.9% | +5.7% |
| CAGR 5Y | N/A | +0.0% |
| Sharpe 3Y | 0.43 | 0.25 |
| Volatility 1Y | 5.80% | 4.07% |
| Max drawdown | -13.24% | -26.76% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.