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CEFS vs CGSD

Saba Closed-End Funds ETF vs Capital Group Short Duration Income ETF

CEFS

Saba Closed-End Funds ETF

SABA ETF

Annual cost

2.61%

Fund size

$402M

CGSD

Capital Group Short Duration Income ETF

Capital Group

Annual cost

0.25%

Fund size

$2.2B

Key differences

  • CGSD costs 2.36% less per year.
  • CGSD is significantly larger than CEFS — larger funds tend to be more liquid and less likely to close.
  • CEFS is classified as alternative, while CGSD is fixed income — different risk/return profiles.
  • 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

CEFSCGSD
Annual cost (TER)2.61%0.25%
Fund size (AUM)$402M$2.2B
Since20172022
Dividend yield6.24%4.48%
Asset classalternativefixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+24.3%+4.4%
CAGR 3Y+21.5%+5.0%
CAGR 5Y+13.7%N/A
Sharpe 3Y1.390.70
Volatility 1Y9.92%1.46%
Max drawdown-38.99%-1.75%

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

Similar to CEFS and CGSD