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CDX vs YEAR

Simplify High Yield ETF vs AB Ultra Short Income ETF

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

YEAR

AB Ultra Short Income ETF

AllianceBernstein

Annual cost

0.25%

Fund size

$1.5B

Key differences

  • YEAR is significantly larger than CDX — larger funds tend to be more liquid and less likely to close.
  • CDX is classified as alternative, while YEAR is fixed income — different risk/return profiles.
  • CDX follows a multi strategy strategy; YEAR uses active selection.
  • Over the last 3 years, CDX has delivered higher annualized returns.

Side-by-side comparison

CDXYEAR
Annual cost (TER)0.25%0.25%
Fund size (AUM)$440M$1.5B
Since20222022
Dividend yield8.37%4.21%
Asset classalternativefixed income
Regionnorth america
Strategymulti strategyactive selection
CAGR 1Y-0.3%+4.0%
CAGR 3Y+7.8%+5.0%
CAGR 5YN/AN/A
Sharpe 3Y0.421.27
Volatility 1Y5.69%0.77%
Max drawdown-13.24%-0.79%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to CDX and YEAR