Screener
CDX vs PHYL
Simplify High Yield ETF vs PGIM Active High Yield Bond ETF
Key differences
Both CDX and PHYL are fixed income ETFs. CDX charges 0.25% a year and PHYL 0.39%. The main difference: CDX follows a multi strategy strategy; PHYL uses active selection.
- CDX follows a multi strategy strategy; PHYL uses active selection.
- CDX costs 0.14% less per year.
- PHYL is much larger than CDX. Larger funds are usually more liquid and less likely to close.
- Over the last three years, PHYL has delivered higher annualized returns.
Side-by-side comparison
| CDX | PHYL | |
|---|---|---|
| Annual cost (TER) | 0.25% | 0.39% |
| Fund size (AUM) | $407M | $1.3B |
| Since | 2022 | 2018 |
| Dividend yield | 8.31% | 7.66% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | multi strategy | active selection |
| CAGR 1Y | -1.2% | +6.9% |
| CAGR 3Y | +7.3% | +9.0% |
| CAGR 5Y | N/A | +4.0% |
| Sharpe 3Y | 0.37 | 1.13 |
| Volatility 1Y | 5.75% | 3.31% |
| Max drawdown | -13.24% | -22.07% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.