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CDX vs PEY

Simplify High Yield ETF vs Invesco High Yield Equity Dividend Achievers ETF

CDX

Simplify High Yield ETF

Annual cost

0.25%

Fund size

$407M

PEY

Invesco High Yield Equity Dividend Achievers ETF

Annual cost

0.54%

Fund size

$1.1B

Key differences

Both CDX and PEY are fixed income ETFs. CDX charges 0.25% a year and PEY 0.54%. The main difference: CDX follows a multi strategy strategy; PEY uses index tracking.

  • CDX follows a multi strategy strategy; PEY uses index tracking.
  • CDX costs 0.29% less per year.
  • Over the last three years, PEY has delivered higher annualized returns.
  • PEY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CDXPEY
Annual cost (TER)0.25%0.54%
Fund size (AUM)$407M$1.1B
Since20222004
Dividend yield8.31%4.46%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y-0.4%+19.7%
CAGR 3Y+7.9%+11.5%
CAGR 5YN/A+6.5%
Sharpe 3Y0.430.54
Volatility 1Y5.80%14.07%
Max drawdown-13.24%-41.55%

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

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