Screener
CDX vs PHYD
Simplify High Yield ETF vs Putnam ESG High Yield ETF
Key differences
Both CDX and PHYD are fixed income ETFs. CDX charges 0.25% a year and PHYD 0.55%. The main difference: CDX follows a multi strategy strategy; PHYD uses active selection.
- CDX follows a multi strategy strategy; PHYD uses active selection.
- CDX costs 0.30% less per year.
- CDX is much larger than PHYD. Larger funds are usually more liquid and less likely to close.
- Over the last three years, PHYD has delivered higher annualized returns.
Side-by-side comparison
| CDX | PHYD | |
|---|---|---|
| Annual cost (TER) | 0.25% | 0.55% |
| Fund size (AUM) | $407M | $8M |
| Since | 2022 | 2023 |
| Dividend yield | 8.31% | 8.45% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | multi strategy | active selection |
| CAGR 1Y | -0.4% | +8.3% |
| CAGR 3Y | +7.9% | +9.1% |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | 0.43 | 1.20 |
| Volatility 1Y | 5.80% | 3.40% |
| Max drawdown | -13.24% | -4.33% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.