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CDX vs OPER

Simplify High Yield ETF vs ClearShares Ultra-Short Maturity ETF

CDX

Simplify High Yield ETF

Annual cost

0.25%

Fund size

$407M

OPER

ClearShares Ultra-Short Maturity ETF

Annual cost

0.20%

Fund size

$118M

Key differences

Both CDX and OPER are fixed income ETFs. CDX charges 0.25% a year and OPER 0.20%. The main difference: CDX follows a multi strategy strategy; OPER uses active selection.

  • CDX follows a multi strategy strategy; OPER uses active selection.
  • CDX is much larger than OPER. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, CDX has delivered higher annualized returns.

Side-by-side comparison

CDXOPER
Annual cost (TER)0.25%0.20%
Fund size (AUM)$407M$118M
Since20222018
Dividend yield8.31%4.09%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategymulti strategyactive selection
CAGR 1Y-0.4%+4.1%
CAGR 3Y+7.9%+4.6%
CAGR 5YN/A+3.6%
Sharpe 3Y0.432.16
Volatility 1Y5.80%0.27%
Max drawdown-13.24%-2.33%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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