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CEFS vs CDX

Saba Closed-End Funds ETF vs Simplify High Yield ETF

CEFS

Saba Closed-End Funds ETF

SABA ETF

Annual cost

2.61%

Fund size

$402M

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

Key differences

  • CDX costs 2.36% less per year.
  • CEFS follows a active selection strategy; CDX uses multi strategy.
  • Over the last 3 years, CEFS has delivered higher annualized returns.
  • CEFS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CEFSCDX
Annual cost (TER)2.61%0.25%
Fund size (AUM)$402M$440M
Since20172022
Dividend yield6.24%8.37%
Asset classalternativealternative
Regionnorth america
Strategyactive selectionmulti strategy
CAGR 1Y+24.3%-0.3%
CAGR 3Y+21.5%+7.8%
CAGR 5Y+13.7%N/A
Sharpe 3Y1.390.42
Volatility 1Y9.92%5.69%
Max drawdown-38.99%-13.24%

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

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